tag:blogger.com,1999:blog-3758330678390419129.post8814472691537226694..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Ponzi Scheme, Counterfeiting or None of the Above?Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-37568897578733106122009-12-30T09:34:52.037-05:002009-12-30T09:34:52.037-05:00As I pointed out to Taylor Conant, the panic buyin...As I pointed out to Taylor Conant, the panic buying started immediately in very late 3Q 2008 and has continued to a large degree to this day.<br /><br />Why do you think Treasury Bill rateS have been so low since late 3Q2008? There has been huge flight to those T-bills and the money remains there. <br /><br />If this is short term paper, and it is, then it would mean 30, 60 and 90 day paper wouldRobert Wenzelhttps://www.blogger.com/profile/12653378186315529211noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-12563309608533354252009-12-30T09:06:47.714-05:002009-12-30T09:06:47.714-05:00Panic buying in Q3 2008 does not explain the spike...Panic buying in Q3 200<b>8</b> does not explain the spike in purchases in Q3 200<b>9</b>.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-29465534909256986422009-12-30T07:45:14.135-05:002009-12-30T07:45:14.135-05:00@Taylor Conant
You are playing DA, all right. Ham...@Taylor Conant<br /><br />You are playing DA, all right. Hamilton Burger.<br /><br />1. The only reason I use Q3 data is because that is what Sprott-Franklin use. The "household sector" purchases are up across the board in 2009. (Note: I also get somewhat different numbers than Sprott and Franklin, but I argued their point and didn't want to complicate things with a side problem.)<Robert Wenzelhttps://www.blogger.com/profile/12653378186315529211noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-52061450765470711552009-12-30T00:18:29.283-05:002009-12-30T00:18:29.283-05:00Wenzel,
Playing DA here:
1.) You cite a crisis i...Wenzel,<br /><br />Playing DA here:<br /><br />1.) You cite a crisis in Q3 2008 to explain a jump in Treasury purchases a full year later in Q3 2009<br /><br />and<br /><br />2.) I suppose it could be construed as a Ponzi if the investors of Treasuries were never going to get paid back because the whole thing was going to implode<br /><br />Remember, playing DA here...Taylor Conanthttps://www.blogger.com/profile/18270678440957992085noreply@blogger.com