All Activity
- Past hour
-
2021 - Is inflation finally back in the conversation?
Bozo_Casanova replied to Reagan1k's topic in Business and Markets
Here’s the short version: during the pandemic the Fed purchased a shitload of low- rate treasuries and MBS to stimulate the economy. When the economy recovered there was an inflation spike and rates were raised, which means those assets on the aged balance sheet were marked down, and the value of that markdown was about $1T, recorded as a deferred asset. What that represents is the book value of the securities the Fed owns vs the current market price. -
If it PG2 it’s probably THC and the kid might get better than deferred adjudication, which is NOT expungeable
-
Marvel just announced their 7 year old includes making cancelled Pedro Pascal the new face of the MCU
-
Epstein files update (there are no Epstein files)
mchookem replied to Gil Bang's topic in Cloak Room
-
Yeah I bet you know all about that
-
2021 - Is inflation finally back in the conversation?
Thetexashammer replied to Reagan1k's topic in Business and Markets
So you think it's an asset. What is the nature of this asset? Bonds, stocks? What is it? The money is gone. To engage in fake accounting to pretend you didn't lose a trillion dollars is to commit fraud. It's that simple. There is no "asset" there. The proper accounting is the write down your assets, not pretend you still have the money. Nobody disputes it is a true economic loss. -
With the right amount of meth, poppers and lube he just might get lucky if they’re locked in the same room
-
They currently have fifteen commits and are ranked #40 in recruiting. The QB from Celina is the highest rated commit and is a top 100 national player. Of the remaining fourteen, seven are low 4*'s and the other seven are 3*'s (this includes a kicker). When's the last time they had a class this bad?
-
Connections Puzzle #774 🟪🟪🟪🟪 🟦🟦🟦🟦 🟩🟩🟩🟩 🟨🟨🟨🟨 Wordle 1,496 4/6 ⬛⬛🟩⬛🟩 ⬛⬛🟩⬛🟩 ⬛🟩⬛🟩⬛ 🟩🟩🟩🟩🟩 🙂 Daily Quordle 1277 6️⃣9️⃣ 7️⃣4️⃣ m-w.com/games/quordle/ ⬜⬜🟨⬜⬜ ⬜⬜⬜⬜🟩 ⬜⬜🟨⬜🟩 ⬜⬜⬜⬜⬜ ⬜⬜🟩⬜⬜ ⬜⬜⬜⬜🟨 ⬜⬜🟨⬜⬜ ⬜⬜⬜⬜⬜ ⬜⬜🟨🟩⬜ 🟨⬜⬜⬜⬜ 🟩🟩🟩🟩🟩 ⬜⬜⬜⬜⬜ ⬛⬛⬛⬛⬛ ⬜⬜🟨⬜⬜ ⬛⬛⬛⬛⬛ ⬜🟩🟩🟩🟩 ⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩 ⬜🟩🟨⬜🟨 🟨⬜⬜⬜⬜ ⬜⬜🟨⬜⬜ ⬜🟨🟩⬜⬜ ⬜⬜⬜⬜⬜ ⬜⬜⬜🟨⬜ ⬜⬜🟨⬜⬜ 🟩🟩🟩🟩🟩 🟨🟩🟨🟨⬜ ⬛⬛⬛⬛⬛ 🟨🟨⬜🟨⬜ ⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩 ⬛⬛⬛⬛⬛ Thrice Game #756 → 12 points! 🎲: 3️⃣3️⃣3️⃣2️⃣1️⃣ https://thricegame.com
-
good read as usual, @Wulaw Horn how do I get in the mix for the playoff tickets or whatever you’re offering? Follow the medium account?
-
I had not seen this timelapse infrared imagery. The explosion of the system during the early morning of July 4 is incredible. https://upload.wikimedia.org/wikipedia/commons/transcoded/5/54/202507_GOES-19_ABI_SECTOR_sp_Band_14_(July_2025_Central_Texas_floods)_Output5Band14.webm/202507_GOES-19_ABI_SECTOR_sp_Band_14_(July_2025_Central_Texas_floods)_Output5Band14.webm.1080p.vp9.webm
-
2021 - Is inflation finally back in the conversation?
Thetexashammer replied to Reagan1k's topic in Business and Markets
Lyn Alden has a good explanation. Bottom line, you will read that it is an "unrealized loss" and this is true but irrelevant. It is a real economic loss of a trillion dollars. The reason I am not impressed with "political independence" is that we are going into an inflation death spiral. And the fed has already caused inflation with QE and balance sheet expansion. They don't even include money supply in their Dynamic Stochastic General Equilibrium model. I don't think presidents should have a money printer, but I don't think anyone should have a money printer. And the idol worship around the fed, and their general lack of understanding of the economy, it's a farce. The fed doesn't set rates, the market does. That said I am tactically long bonds. Rates are mostly based on inflation and growth expectations. Both are currently falling. -
2021 - Is inflation finally back in the conversation?
Bozo_Casanova replied to Reagan1k's topic in Business and Markets
But as it happens, in this moment in history, the global economy revolves around monetary policy set by central banks, and the United States Federal Reserve is the most successful central bank in history. The fact that you believe a counterfactual alternative reality without central banking would be better doesn’t make it less so. No. It was the transfer of tangible goods from overseas and the value of future productivity TO you and me, in exchange for exported and punted debt. And that’s a problem, but we we’re the beneficiaries. Again, plenty of room for criticism here but your understanding of victimhood is backwards. I didn’t- the fed recorded it that way. Try to keep up. -
Arozarenaaaaaaa!!!!! Damn 110mph exit velocity
-
At the time, I was largely an alternative, punk, and (ironically?) US hard rock fan. When “Paranoid” came on MTV, all of us stopped and watched. Ozzy was transcendent.
-
No love for the great Gerald Young? (my “nobody understands the bond between a boy and the mediocre mlb player he watched when he was ten” guy)
-
Whites only settlement in Arkansas
UpperWestside replied to Im_smarter_then_you's topic in Daily Texan
Hopefully plenty. -
Texas Recruiting Notes 2026: Boulevard of Broken Bagmen
cochamps replied to texifornia's topic in 🤫$9.95🤫
See Arkansas. It's not our fault that the inbred, cider-sucking hillbillies have never gotten over the 1969 Shootout with Nixon in attendance. -
Tired of thanking heads not acknowledging that the only thing they are interested in is her saying that Trump had no involvement but Clinton, he was knee deep in it. Isn’t pretty obvious how this plays out?
-
Not a doctor, but during allergy season, mixing benadryl, Zyrtec, and alcohol is not completely uncommon for me. Can't say I've ever tried meth for my allegies, though.
-
Indeed. as to the tweet we are now AAAA astros 1 game back of being best team in AL ☹️
-
Texas Recruiting Notes 2026: Boulevard of Broken Bagmen
Chili dog replied to texifornia's topic in 🤫$9.95🤫
The frustrating thing about rivalries is that it doesn’t always take two to tango. You just need one fanbase of degenerates to decide to hate you and you’re kinda stuck, especially if the series ends up determining conference and national championships. So yeah, fuck Georgia. I didn’t come into this conference wanting to hate them. They gave me no option.
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... COOKIE MONSTER!