tag:blogger.com,1999:blog-12897315.post6216458975375369406..comments2024-03-18T18:30:39.000-05:00Comments on Dad29: Actually, the CBO Study Predicts DOOMDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12897315.post-54963022808417282432013-09-23T13:25:58.706-05:002013-09-23T13:25:58.706-05:00By the way, Jimbo, your money-and-banking prof nev...By the way, Jimbo, your money-and-banking prof never mentioned disappearing T-Bill/Bond collateral, either.<br /><br />As Strupp undoubtedly knows, Fed purchases have hobbled banks by sucking up about 1/3rd of UST debt issued in the last few years.<br /><br />That means that the bank-to-bank repo market (and non-financials-to-banks plus vice-versa, too) is near dead.<br /><br />I'm sure that Stupp also knows that the velocity of collateral has also suffered as a result.<br /><br />And there's no question that he knows Stimulus has been absolutely useless. He's undoubtedly compared the results in the US to those in Germany--where the Gummint actually DID cut back on spending and debt.<br /><br />Right Struppster??Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-25022216858459574382013-09-22T18:22:42.389-05:002013-09-22T18:22:42.389-05:00Won't change what's right, and Krugman won...Won't change what's right, and Krugman won't change what's wrong: his BozoNomics.<br /><br />We note they haven't worked, at all, in 6 years of trying. Talk about out of the league....Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-13122930367843211962013-09-22T13:35:12.436-05:002013-09-22T13:35:12.436-05:00I come back to this blog after weeks, and it's...I come back to this blog after weeks, and it's like nothing changed. Please stop commenting on economic matters, Dad. You are so out of your league on this.<br /><br />J. Struppnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-69248841429849306692013-09-20T13:36:43.114-05:002013-09-20T13:36:43.114-05:00My Financial Institutions professor in Business Sc...My Financial Institutions professor in Business School warned us about "crowding out" in 1974. The national debt at that time was less than half a trillion dollars.Jimhttps://www.blogger.com/profile/10004209843701697773noreply@blogger.com