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phantom_opera
22-09-12, 10:19
http://www.theblaze.com/stories/u-s-debt-has-increased-48994-per-second-since-obama-took-office/

In order to totally cancel out the effect of debt increase, you need to print 120b per month :scared-5:
chestnut
22-09-12, 10:25
That's where the conundrum takes place - fiscal cliff. Haha

I have been pondering over this as well
phantom_opera
22-09-12, 11:03
Bernanke cannot print 120b per month because of China / Japan and world reserve currency in USD

If he did that China/Japan may start dumping treasuries and the world will quickly exit the US currency as reserve

So it is a balancing act, print 30% of debt :tongue3:

But hoh, if Op Twist is 45b per month, MBS is 40b per month, then it is 85b per month, about 2/3 of the debt increase per month liao ... of course, lots of such money haven't gone into circulation, the saving grace for now
radha08
22-09-12, 11:05
http://www.theblaze.com/stories/u-s-debt-has-increased-48994-per-second-since-obama-took-office/

In order to totally cancel out the effect of debt increase, you need to print 120b per month :scared-5:

i hope they have enough ink...:D:D:D
phantom_opera
22-09-12, 11:07
TIPS ETF Rises to All-Time High on QE3, Inflation Expectations

he he he he ... I wonder what China / Japan will do next
phantom_opera
22-09-12, 11:08
i hope they have enough ink...:D:D:D

is digital no ink required, US Fed buys MBS/bonds but crediting the banks accounts parked with Fed ;)
radha08
22-09-12, 11:18
is digital no ink required, US Fed buys MBS/bonds but crediting the banks accounts parked with Fed ;)

as long as he flying helicopter it wont stop enjoy the ride...

http://www.marketoracle.co.uk/images/HelicopterBenSmall.jpg
phantom_opera
22-09-12, 11:44
Wing tai bot that tiny piece of land for half a billion, us debt up 10x of that amount in one day, no wonder land price up a pathetic 1psf per day
indomie
22-09-12, 11:56
After they pump zillion of dollar into the banking system.... They will crash the banking system computer. They will say "no need to panic, systems are being restore". In the mean time your money is stuck. They will issue a new promisory note backed by gold as a replacement. When the system is restored, your old dollar wil be significantly depreciated to the new gold backed promissory notes.
Allthepies
22-09-12, 12:23
they can do a reset or start some wars.
indomie
22-09-12, 12:58
Since US has the largest gold reserve in the world, they will push the gold price to highest possible....maybe 10.000 an oz. In the mean time hard asset will appreciate in value.
AK47
23-09-12, 10:18
Remember there is a debt ceiling.

You cant simply print and spend as the report suggest.

QE is not spending either so if that is taken for calulation than its wrong.
indomie
23-09-12, 10:52
Remember there is a debt ceiling.

You cant simply print and spend as the report suggest.

QE is not spending either so if that is taken for calulation than its wrong.
I think with all these debts... They only try to manage it. Up to a point they can. Attempt to repay it is impossible.
phantom_opera
23-09-12, 10:53
Debt ceiling that's why usd not crashed yet
phantom_opera
02-11-12, 18:04
As of several hours ago, US announced the total debt as of October 31, or the first completed month of fiscal 2013. The number: $16.262 trillion. This means that in the month of October, Uncle Sam went to town, and raised $195 billion. This amounts to $6.3 billion per calendar (not work) day, and $262 million per calendar (not work) hour.

to put things into perspective ... USD195b can buy about 500 pieces of Prince Charles Crescent in Singapore

:scared-1:
Laguna
04-11-12, 00:18
See the debt clock
http://www.usdebtclock.org/

then u will see how fast it is

and the world debt clock

http://www.usdebtclock.org/world-debt-clock.html
roly8
04-11-12, 09:07
See the debt clock
http://www.usdebtclock.org/

then u will see how fast it is

and the world debt clock

http://www.usdebtclock.org/world-debt-clock.html


:doh::doh::doh:
phantom_opera
14-01-13, 14:24
Annual US Debt Creation Now Amounts To 25% Of GDP Compared To 8.7% Pre-Crisis :simmering:

The US government is now trying to repay old debt by borrowing more; in 2010, average annual debt creation (including debt refinance) moved above $4 trillion, or almost one-quarter of GDP, compared to the pre-crisis average of 8.7% of GDP."
phantom_opera
13-02-13, 08:03
16.5T and counting ... don't worry, market already factored in a debt escalating to 20T or 150% of GDP

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/01/Feb%20Deficit_0.jpg
Laguna
13-02-13, 10:46
16.5T and counting ... don't worry, market already factored in a debt escalating to 20T or 150% of GDP

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/01/Feb%20Deficit_0.jpg

Japan did not die!!!
so if US follow Japan to take the % of debt to GDP, then US still have tons of rooms to grow their debts!
sgbuyer
13-02-13, 12:24
TIPS ETF Rises to All-Time High on QE3, Inflation Expectations

he he he he ... I wonder what China / Japan will do next



Interest rates rising.
Iamderek
13-02-13, 17:25
Japan did not die!!!
so if US follow Japan to take the % of debt to GDP, then US still have tons of rooms to grow their debts!

Basing a past experience on a future event possibility can prove to be very costly.
Iamderek
13-02-13, 17:26
Annual US Debt Creation Now Amounts To 25% Of GDP Compared To 8.7% Pre-Crisis :simmering:

The US government is now trying to repay old debt by borrowing more; in 2010, average annual debt creation (including debt refinance) moved above $4 trillion, or almost one-quarter of GDP, compared to the pre-crisis average of 8.7% of GDP."

Don't worry - everyone is all-in, not just the US. The only question would be who stands the highest chance of being the last one standing.
Iamderek
13-02-13, 17:32
As a side note, I wonder how many of the seniors in this forum recognise that they were in the right time at the right place. By the latter it is obviously Singapore, and the former that they were in the expansionistic phase of the debt super cycle that spans every 70 to 90 years.

I have seen a lot of youngster bashing in this forum. While some is justified, others are too extreme and generalised.

Knowing what I know, I find the advice that has worked for many seniors here to be impractical for what is likely to come. Those of my generation should spend the effort in looking for new opportunities or new ways of creating money rather than relying solely on the tried and tested. In short: Different eras, different methods, but with everlasting principles.