U.S. 30-Year Yields Drop to Year’s Low on European Debt Crisis May 21, 2010, 8:21 AM

Discussion in 'Economy' started by Neubarth, May 21, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    U.S. 30-Year Yields Drop to Year’s Low on European Debt Crisis
    May 21, 2010, 8:21 AM EDT


    By Cordell Eddings and Susanne Walker

    May 21 (Bloomberg) -- Treasury 30-year bond yields dropped to the lowest level this year as Europe’s debt crisis spurred an exodus from higher-yield assets into the safest government securities.

    Benchmark 10-year notes are headed for their third weekly Gain as European finance ministers prepared for talks to stem a rout in the euro that prompted the biggest U.S. debt rally in 14 months yesterday. U.S. stock-index futures extended losses, driving the June contract on the Standard & Poor’s 500 Index below the lowest level reached during the May 6 crash.
    U.S. 30-Year Yields Drop to Year’s Low on European Debt Crisis - BusinessWeek
     
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    Interest rates falling means that the world is buying US 30 year bonds.

    Since I am no economist, I can only speculate that the dollar keeps on going up in value because we do not have enough of them out there. We have lost 8 Trillion but have only put 3 trillion back in (something like that as I see different number values posted all over the place).

    My approximation will suffice to call attention to the point. If 8 Trillion vaporize into thin air and only 3 trillion are created by the FED via electronic transaction (They are not printed.) than we do not have too much money out there. So the dollar is strong and the rest of the currencies around the world are not.

    China will have to lower the Yuan soon if the Dollar keeps going up and up and up.:lol::lol::lol:
     
  3. The Rabbi
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    The Rabbi Diamond Member

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    The dollar is still the world standard of currency. People are flocking to safety: Dollars, T-Bills and gold. this should tell you how bad the rest of the world is.
     
  4. Paulie
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    Paulie Platinum Member

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    Neubarth I'm going to tell you this one more time, and I hope this time you fucking grasp the concept.

    The Bureau of Engraving and Printing prints the currency for the Federal Reserve System. When a bank hands you a brand spanking new crisp $100 bill, that came from the BEP at the behest of the Fed.

    You keep saying new money isn't printed, but where the fuck do you think a bank comes up with the physical notes to give to you?

    Not only that, but what the fuck is the point of arguing semantics regarding newly created money and the terminology behind it? Newly created money is newly created money.
     
  5. KissMy
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    Neubarth does not understand the difference between debt money (M3) & currency (M1). Just because debt money (M3) disappeared & they are replacing it with currency (M1) does not make the dollar a long term strong stable currency. Once this newly created currency gets leveraged like before in the next economic boom prices will be astronomic. This is why gold is popular even in this period of deflation.

    Debt money had real value when someone promised to work to pay it back. When debt is forgiven or paid with printed money the work that was promised never gets delivered. Most of the worlds currencies are becoming worthless at the same time. The future does not look so bright for the retirement savings value of currency in your nest egg.
     
  6. Paulie
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    Paulie Platinum Member

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    Not only that, but he's referring also to decreased asset value.

    The value of homes or stocks dropping, for instance, is not the same as money such as bank reserves being extinguished.

    He'll be along soon to tell us how we're disgusting liars and idiots that deserve to die at the hands of God.
     
  7. Neubarth
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    You are back to your insane lies again. Why do you act so damn stupid all of the time? You and your gang of low IQ twits always post gibberish. I am the one who explained the difference between the various types of money that Economists talk about. I am also the one who explained to you that economists do not know what they are talking about.

    Not one economist seemed to know that the economy was in trouble three years ago. I had been posting that it was going to crash way back then. Economists never know what is happening because they do not understand the nature of money. It totally baffles them just like it always confuses you.

    All you low IQ clowns are talking about hyperinflation all of the time. I have been telling you for the past year that it might not happen. We have to see what unfolds. Remember Economics is a failed assortment of confused and insane theories. None of which seem to work, so the economists are constantly making up new theories that also do not work. Boy are they fugged up, just like you.

    I presented my theory and you say that I do not know about M1 and M3 or whatever. It is not that I do not know, it is that I am making fun of all of the people who play this economics game and really do not know what they are talking about. Damn, you shitheads are stupid! I have met dumb people before, but you clowns take the cake.

    Economics is not science. Tell yourself over and over again and then realize that there are factors out there that do not fit into a box and most certainly do not follow any of the economic theories.

    For the time being my theory stands and your theory has failed. Put that in your pipe and smoke it.

    My theory is called the Net Effect of Money. I expect to get a Noble Prize for my research. We had Trillions that disappeared into thin air. Money can be created out of thin air and it can disappear into thin air. When too much has disappeared into thin air you can get Deflation. That is the reason why we had to create the FED so we can create money and forestall Deflation. Inflation is a good thing in moderation. Deflation is horrible and hurts too many people. Go to school and read all about it. Pauli especially. Damn, he is really dumb!
     
  8. Neubarth
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    Neubarth At the Ballpark July 30th

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    You do deserve to die at the hand of an angry God, because you are too damn stupid to live.

    Try thinking for once in your confused life there Pauli. You say that the value of a home being extinguished is of no consequence and the value of stocks falling is of no consequence because they are not the same as real money in a bank that is held in reserve..

    Now, If I sold those stocks at the peak, it is of consequence to me, because I have the money in hand and it is called cash. You bought the stocks from me because you are stupid and you lost half of your money. Now, to me that is of "no consequence" because fools like you always lose your money. That is what stupid people like you always do. But, your money loss does have an effect on the economy, even though you think it does not matter. Boy, are you both poorer and stupid at the same time.

    The same thing goes for that house appreciation. I sold the house to you for $800,000. You are now trying to sell it for $400,000 and can find no borrowers. I am happy because I have over a million that you gave me for the stocks and the property, and you are broke. But, what the hell, it is of no consequence to you because it was not bank reserves. Yet, it still will have an effect on the economy. One of these days you will figure that out. Right now, you are too damn fucked up in the head to understand, but give it time and you will realize that IT DOES MATTER.
     
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  9. Paulie
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    Neubarth you really need to learn to quit while you're behind.
     
  10. KissMy
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    I knew we were in trouble in 2005 when we had major inflation. I bought gold at $559. I also bought commodities, fertilizer & oil stocks. Made big money until the crash when I gave a lot back. I bailed on gold at $975 & bought more back on election day for $715 The whole time this crazy leverage was going on people were getting screwed on their wages & savings forcing them to invest into crazy things like second or more expensive homes to keep with inflation. Now that this stupid leverage is gone you want them to create more money enriching government workers & bankers while we suffer. That is stupid, stupid, stupid.

    If money needs to be created then we need to get something for it not just pay people to squat in homes they can't pay for or soak up unemployment & food stamps. Government could hand everyone money. They could give everyone vouchers worth $20,000.00 that could be used for a list of energy items we choose. We could buy solar panels, electric cars, wind mills, insulation, windows you know things we will benefit from giving us jobs, energy, reduce oil imports, continuously pay back their dollars worth & clean the environment.

    Paying someone sitting home unemployment getting fat as hell on free food cost like hell to our health care system & country. De-leveraging has put a stop to this stupid inflation but Paying for nothing with printed currency & forgiving debts will cause unstoppable inflation.
     
    Last edited: May 21, 2010

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