Tuesday, July 25, 2017

The Congressional anti-gravity machine is working

So, Janet has reduced our seigniorage fees, she raised interest charges on the senators and increased interest payments to member banks.  That 2.4T investment in the senators is paying off, everything works in their production!

Or not, maybe the Fed is mis-interpreting, as in the title, 'Broken  Transition' should read 'Broken Interpretation'.  I think we are all Deja Vued out regarding the senators. We are just getting back some of the interest payments the Fed took in the recent years and the economy is still the doldrums. We are ready to net present value the senate down a few notches.

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