tag:blogger.com,1999:blog-2761684730989137546.post6034361997549961731..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: Fed may tweak the excess reserves rate againmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-11030592135847324592018-12-01T00:51:46.184-05:002018-12-01T00:51:46.184-05:00No Ralph they will "tweak" the IOR rate ...No Ralph they will "tweak" the IOR rate so that the IOR rate results in the amounts they pay in IOR is < the amount they gain from their portfolio income otherwise they (to them) "lose money!"...<br /><br />Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-49769222369678015432018-12-01T00:30:39.859-05:002018-12-01T00:30:39.859-05:00So the Fed will "tweak" the interest it ...So the Fed will "tweak" the interest it pays to people with piles of $100 bills which they want to store under their mattresses. <br /><br />I've got a better idea: raise taxes on the poor and give the money to Bill Gates and Warren Buffet....:-)Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.com