• 18 Mar 2009 at 2:17 PM

Breaking: Fed Funds Rate Unchanged

By Equity Private

But balance sheet? Set to inflate. Whoo!

Comments (23)

  1. 1
    Posted by guest | March 18, 2009 at 2:22 PM

    Futures spiking. So any news is good news now?

  2. 2
    Posted by guest | March 18, 2009 at 2:27 PM

    @1 dead cat

  3. 3
    Posted by guest | March 18, 2009 at 2:35 PM

    welcome to zimbabwe.

  4. 4
    Posted by guest | March 18, 2009 at 2:38 PM

    @2 – I can has bounce?

  5. 5
    Posted by guest | March 18, 2009 at 2:48 PM

    finally some action !!!!!!!!!!!!!!!
    Geithner is toast; credibility is shot
    Summers or Volker in by 9/30

  6. 6
    Posted by NAS Keflavik boi | March 18, 2009 at 2:49 PM

    LET THE MONETIZATION BEGIN!!!
    … and better keep hoarding those krugerrands, sovereigns and 20 franc pieces…

  7. 7
    Posted by guest | March 18, 2009 at 3:02 PM

    @ 6
    i bought pallets of soup at costco this weekend. i’ll trade you a case of progresso chicken noodle for a golden eagle piece

  8. 8
    Posted by guest | March 18, 2009 at 3:07 PM

    purchases concentrated in 2-10 region! wtf this gonna do for mortgages then? not a lot. more shock and awe to the mkts…

  9. 9
    Posted by guest | March 18, 2009 at 3:10 PM

    4- locate! me want!

  10. 10
    Posted by guest | March 18, 2009 at 3:18 PM

    Damn Buffet is almost ITM with his GS options. Who woulda thunk? Guess the old codger still has it.

  11. 11
    Posted by guest | March 18, 2009 at 3:22 PM

    Doing wonders for my euro holdings, thank you for the money printing Ben!!

  12. 12
    Posted by guest | March 18, 2009 at 3:25 PM

    @8
    you do not work in financial markets do you?

  13. 13
    Posted by guest | March 18, 2009 at 3:45 PM

    Buy gold and take your greenbacks and light your cigars.
    Always,
    Robert Mugabe

  14. 14
    Posted by guest | March 18, 2009 at 3:47 PM

    @8 It will lower mortgage rates but the destruction the Fed is causing to help a mortgage owner save a point is utterly amazing.

  15. 15
    Posted by guest | March 18, 2009 at 3:51 PM

    One more thing… does anyone have any .223 ammo I can buy?
    Respectfully,
    Robert Mugabe

  16. 16
    Posted by Equity Private | March 18, 2009 at 3:59 PM

    I have about 2400 rounds of M193 in South African battle packs. Non-corrosive primer. What are you offering?

  17. 17
    Posted by guest | March 18, 2009 at 4:10 PM

    16 Do you still take US dollars?

  18. 18
    Posted by guest | March 18, 2009 at 4:38 PM

    @EP
    You scare me sometimes kid….

  19. 19
    Posted by Equity Private | March 18, 2009 at 4:45 PM

    #17: Nope. Krugerrands, TIPS or Swiss Franc. And Swiss Franc I am phasing out.
    #18: Just cycling out the old stuff. Girl’s got to be able to protect herself in the big city, you know, and the SA stuff is from the ’80s. My newer vintage Q3131a and XM-193 stays right where it is. Never know when you might face civil unrest, a Zombie infestation, or AIG bonus crazy lynch mobs.

  20. 20
    Posted by guest | March 18, 2009 at 4:52 PM

    wow. do not fuck with EP.

  21. 21
    Posted by guest | March 18, 2009 at 4:59 PM

    Holy crap EP just got even hotter in my fantasy world

  22. 22
    Posted by guest | March 18, 2009 at 9:50 PM

    So now, you buy a Sunday NYTimes, get a common share of NYTimes, a common share of C, and a very common greenback

  23. 23
    Posted by guest | March 18, 2009 at 10:18 PM

    Do you guys realize the Swiss, BOJ, BOE have already started doing this? The dollar will fall a little bit more but then will stablize just like the pound did after the BOE started quantitative easing. But this is their hail mary, if it doesn’t work we are going to experience the next great depression, but with 70′s inflation. This is going to be interesting.

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