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IronLionZion

(51,582 posts)

9. Deficits are higher because of the tax cuts, so more treasury bonds were issued

Reply to Miguelito Loveless (Reply #7)

Fri Sep 20, 2019, 03:34 PM

Sep 2019

and that jacks up short term rates. The NY Fed is trying to lower those rates.

More info:

https://www.cnn.com/2019/09/18/business/ny-fed-overnight-lending-rescue/index.html

If I can find a good explainer online I'll post it to DU. I think there are signs of weakness in our economy and recession is coming sooner than they would have us believe. If it's before the election, Trump should lose but then our Dem will have a lot to fix, just like Obama did.

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Highlight:

New York Fed to continue operations in overnight funding market until mid-October [View all] yaesu Sep 2019 OP

Wow,I figured 1.5 trillion. Wellstone ruled Sep 2019 #1

This isn't related to inflation or money supply FBaggins Sep 2019 #3

The Deflation will follow Wellstone ruled Sep 2019 #6

I am confused Miguelito Loveless Sep 2019 #7

Just heard a fellow who Wellstone ruled Sep 2019 #8

The New York Fed has the special task of handling market operations. roamer65 Sep 2019 #16

Deficits are higher because of the tax cuts, so more treasury bonds were issued IronLionZion Sep 2019 #9

2021 and 22 are going to be rough for the world financial community... pbmus Sep 2019 #12

The Fed won't allow deflation. roamer65 Sep 2019 #15

That's not how it works FBaggins Sep 2019 #2

+1 DrToast Sep 2019 #4

Could someone explain what is happening? SansACause Sep 2019 #5

There are signs of weakness in our economy directly related to Trump's tax cuts IronLionZion Sep 2019 #10

We are issuing too much Treasury paper. roamer65 Sep 2019 #14

Somebody has to pay for the tax cut to the wealthy... pbmus Sep 2019 #11

Not bueno. gldstwmn Sep 2019 #13