tag:blogger.com,1999:blog-3240565408401956331.post5019526854288278692..comments2023-07-08T05:49:38.333-04:00Comments on Larry Davidson's Thoughts on Macro and Other Stuff: The Fed and the FedsUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3240565408401956331.post-34575957325781165572017-05-24T10:05:54.163-04:002017-05-24T10:05:54.163-04:00Dear Tuna, I prefer not to get in between you two ...Dear Tuna, I prefer not to get in between you two lovers. But I can tell you this. Even with Trump's optimistic assumptions about GDP, he doesn't balance the budget until Pete's grandchildren get out of prison. Until then the government continues to sell bonds and increase the national debt. Larry Davidsonhttps://www.blogger.com/profile/10028971586654033347noreply@blogger.comtag:blogger.com,1999:blog-3240565408401956331.post-47516033491380851092017-05-24T09:59:49.523-04:002017-05-24T09:59:49.523-04:00Dear LSD. I overheard Pete tell Charlie that if Tr...Dear LSD. I overheard Pete tell Charlie that if Trump’s domestic/econ policies gin up (er . . . JD up, whatever) GDP to 3% and create bookoos of jobs that Fed income tax revenues would provide funds to pay off those pesky bonds. This surprised Charlie lots ‘cause he never knew Pete knew diddly ‘bout econ and finance. Charlie concluded Pete got his new smarts from Trump U. Tunahttps://www.blogger.com/profile/10963127416474394394noreply@blogger.comtag:blogger.com,1999:blog-3240565408401956331.post-53393551501365463462017-05-24T09:14:11.645-04:002017-05-24T09:14:11.645-04:00I see no chance of the Feds reducing the federal g...I see no chance of the Feds reducing the federal government deficit. Zip. Nada. Larry Davidsonhttps://www.blogger.com/profile/10028971586654033347noreply@blogger.comtag:blogger.com,1999:blog-3240565408401956331.post-17279213375680965192017-05-24T08:02:56.036-04:002017-05-24T08:02:56.036-04:00I believe I saw listing on Craig's List for so...I believe I saw listing on Craig's List for some of those bonds. Janet must be getting desperate.<br />So, Prof, what do the think the chances are that the Feds will do anything to reduce the deficit? That can they've been kicking is still out there in the road.Fuzzyhttps://www.blogger.com/profile/11438679628562995612noreply@blogger.com