Wednesday, June 1, 2016

S&P Industrial "cash"

If they could earn 5% risk free rate on these balances that would give them about another $60B to spend or distribute annual.

1 comment:

Michael Norman said...

Wait...I thought the deficit was too small?

Mosler on his website saying the same thing for three years straight now...the data was strong, but don't worry, it will be revised down. #zerocred