US Dollar Daily Chart by Norton
The US Dollar Chart by Norton Link to chart at Stockcharts.com
Posts
Limitless Bailouts! QE Infinity! Is The Dollar Doomed?
Down The Rabbit Hole: You Cannot Make this up. Including Non-recourse Loans
Unsanitized: The Federal Reserve Loads the Cannon by David Dayen March 27, 2020 Plus, the value of unions. This is The COVID-19 Daily Report Prospect.Org "First Response As we’ve discussed, the bailout package scheduled for a vote in the House today includes $454 billion for the Treasury Department to hand over to the Federal Reserve. (This was initially $425 billion but they topped it up in the final bill.) That money could then be placed into a “credit facility” and levered up 10-1, creating a $4.5 trillion money cannon aimed at the largest corporations in America. ..." Read More.. . Comment: This is just a continuation of the 2008 Playbook that did not work! Consider the Law of Diminshing Returns for Deficit Financing . The FED during 2008 initial spending on the new idea of QE(Quantitative Easing) which is little more than starting up the printing presses, creating Trillion...
Government Debt to GDP in the United States is expected to be 107.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. United States Gross Federal Debt to GDP is projected to trend around 109.00 percent in 2020
Government Debt to GDP in the United States is expected to be 107.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Gross Federal Debt to GDP is projected to trend around 109.00 percent in 2020, according to our econometric models. Forecast Data. API United States Government Last Previous Highest Lowest Unit Government Debt to GDP 105.40 105.80 118.90 31.70 percent [+] Government Budget -3.50 -3.20 4.50 -9.80 percent of GDP [+] Government Budget Value -205000.00 -100491.00 214255.00 -231677.00 USD Million [+] Government Spending 3192.01 3171.81 3328.05 599.63 USD Billion [+]
Why The Stimulus Won't Work: The Marginal Productivity of Debt This chart should give you pause about stimulating the US economy with more debt. What it says is that for every Dollar of new debt (private or public) we have had diminishing returns. According to Antal Fekete, if you take this chart further back, we used to get $3 of GDP for every $1 of debt. Sometime in the late '60s, the line crossed below $1, meaning every new Dollar of debt returned less than that in GDP. Antal thinks we actual went negative in 2006
Why The Stimulus Won't Work: The Marginal Productivity of Debt This chart should give you pause about stimulating the US economy with more debt. What it says is that for every Dollar of new debt (private or public) we have had diminishing returns. According to Antal Fekete, if you take this chart further back, we used to get $3 of GDP for every $1 of debt. Sometime in the late '60s, the line crossed below $1, meaning every new Dollar of debt returned less than that in GDP. Antal thinks we actual went negative in 2006, but regardless of whether his data is the same as this chart, we are approaching that point. This is truly a point of no return....
Best source for economic data without the politics
I am back 2019. My first post. The painless way to learn and prepare for macro-economic trends YouTube interview on US Watch Dog with John Williams - Flight From Dollar Will Spike Gold and Silver https://youtu.be/OPZHTTu5pnA His website is https://shadow stats.com by John Williams -- Norton West South Portland, ME 04106