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11
Blah-Blah Bar / Re: Deer in the Headlights
Last post by shawny -
Shawny
Probably the best way to get the 'quick fix' is to just click the "New posts" button at the top of the page.
It will display all the topics posted in since your last visit.
Click on the topic for instant access.
Once you get used to it it's much quicker than waiting for the scrolling thread to roll around to topics of interest.

Many thanks Lods.  Will give it a go 
12
Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by ElwoodBlues1 -
I'm not an expert but I was told it's not "banks" but the central / reserve bank buying government bonds, which is a critical difference to commercial banks buying government bonds, it's the government / central / reserve bank buying it's own bonds to put cash into the system. The money they buy the bonds with was printed yesterday, and if you let the process run wild you can end up like Zimbabwe with 1000% inflation, so the governments walk a tightrope trying to balance the rate they print cash with the rate of GDP and other external sources of income!

A friend I have likes to describe it as "Your backyard pool trying to fill itself with it's own water!"

The US Government writes itself an IOU every time it prints some more cash, one that will never be honored!

You are correct LP it is Central banks, I should have been more clear....Some CB's ie ECB actually purchase corporate bonds as well, Its about driving yields down by purchasing long dated govt bonds across the structure. It Influences yields and borrowing across the private and corporate sector after cash rates hit rock bottom.
Cant see us getting negative rates like in some other countries but I can see QE being used...unemployment rates will be the trigger IMO.
13
Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by LP -
Governments and leaders always claim it is their doing when things are going well (and someone else's fault when they're not....).

Funny thing is, economies go up and down regardless of who has the reins.  And while Government policy plays a part, it is only a relatively small contributor in large Capitalist countries like the US.  Do you think the big money-makers would have just shut up shop if Hilary had won?

The biggest problem is that Donald seems to actually think it is all down to him.......
Yes, I have a contact formerly from the Aust Tax Office that would 100% agree with what you state. She tells me Gov Policy takes years to have any real impact, the stats from tax collection tell her about 6~7 years on average to put a number on it. So any policy benefit or detriment usually and nearly always comes long after the policymaker has gone! In effect that means someone like Trump or Scotty from Marketing are claiming the good work of their predecessors.

There is one rather significant way to break the rule and force Gov policy to have an immediate impact, start a war!
14
Blah-Blah Bar / Re: Bush Fires
Last post by Jack Burton -
I'm apolitical, but the problem I see is that both sides are as bad as each other. We can change the government, but all we'll get is a new lot with their noses in the trough trying to line their own pockets. Decades ago the major parties used to stand for something, and they were different ideologies. Now there is virtually no difference between the major parties, an extreme lack of competent and rational individuals in them, and close to zero governance over what they get away with. The minor parties range from scary to diabolical
15
Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by tonyo -
Trump statistically has been a very successful president.

He's not respectable, but I have to say he's actually done the job better than anyone is giving him credit for.

Their economy is flourishing.  Unemployment is down.

Governments and leaders always claim it is their doing when things are going well (and someone else's fault when they're not....).

Funny thing is, economies go up and down regardless of who has the reins.  And while Government policy plays a part, it is only a relatively small contributor in large Capitalist countries like the US.  Do you think the big money-makers would have just shut up shop if Hilary had won?

The biggest problem is that Donald seems to actually think it is all down to him.......
16
Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by LP -
QE isn't printing money as such, its about banks buying govt bonds and driving down the cost of borrowing further and providing more stimulus to the economy. Its the last resort after interest rates have been driven down to nothing like we are slowly seeing... Next step is another GFC when share markets go bang with all this extra money inflating stocks...
I'm not an expert but I was told it's not "banks" but the central / reserve bank buying government bonds, which is a critical difference to commercial banks buying government bonds, it's the government / central / reserve bank buying it's own bonds to put cash into the system. The money they buy the bonds with was printed yesterday, and if you let the process run wild you can end up like Zimbabwe with 1000% inflation, so the governments walk a tightrope trying to balance the rate they print cash with the rate of GDP and other external sources of income!

A friend I have likes to describe it as "Your backyard pool trying to fill itself with it's own water!"

The US Government writes itself an IOU every time it prints some more cash, one that will never be honored!
17
Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by PaulP -
I've heard Richard Woolf say there's a strong consensus that a recession will happen sometime this year, and Trump is trying various things to delay it or preempt the blame shifting to still be looking good at election time.
18
Blah-Blah Bar / Re: Deer in the Headlights
Last post by Lods -
Shawny
Probably the best way to get the 'quick fix' is to just click the "New posts" button at the top of the page.
It will display all the topics posted in since your last visit.
Click on the topic for instant access.
Once you get used to it it's much quicker than waiting for the scrolling thread to roll around to topics of interest.
19
Blah-Blah Bar / Re: Deer in the Headlights
Last post by shawny -
hi guys,

I know this is in the wrong thread but I am lost with the navigating side of the new site and don't know how or where to put it. 

I'm not the best computer wise and Im really struggling with the new layout and navigating side of things.  I've read the original posts regarding the update but just still find it too complicated for a dummy like me!

I could follow the old one as it had the rolling latest top 10 or so threads running on the right side so I just had to use that part and could get my forum fix quickly and easily without having to use the rest of the site but this new site doesn't seem to offer this.

Can anyway help me in real basic terms.....as im in fear I wont be able to use this one !!   

20
Blah-Blah Bar / Re: Trumpled (Alternative Leading)
Last post by ElwoodBlues1 -
QE isn't printing money as such, its about banks buying govt bonds and driving down the cost of borrowing further and providing more stimulus to the economy. Its the last resort after interest rates have been driven down to nothing like we are slowly seeing... Next step is another GFC when share markets go bang with all this extra money inflating stocks...