tag:blogger.com,1999:blog-2761684730989137546.post4226681546348264290..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: Carola Binder — Potential Costs of Asset Purchasesmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-27060274921459586072013-03-30T08:19:17.744-04:002013-03-30T08:19:17.744-04:00Unknown those operations are made public at the FR...Unknown those operations are made public at the FRBNY website.<br /><br />They DO NOT OVERPAY, THEY UNDERPAY to 'get a good deal for the taxpayers'. <br /><br />Any 'money they make' at the Fed is returned to the Treasury to help 'lower the deficit' which they proudly assert every chance they get.<br /><br />They are morons.<br /><br />RSP,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-42896212480789798072013-03-29T16:56:35.438-04:002013-03-29T16:56:35.438-04:00He doesn't know what he means.He doesn't know what he means. Sixhttps://www.blogger.com/profile/10756430577510633914noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-89487671064876536592013-03-29T16:22:04.173-04:002013-03-29T16:22:04.173-04:00do you mean inflation caused by speculation in com...do you mean inflation caused by speculation in commodity markets?yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-86666692321848856422013-03-29T14:40:11.077-04:002013-03-29T14:40:11.077-04:00OK ... did anyone bother to ask what the differenc...OK ... did anyone bother to ask what the difference between the purchase price the Fed is paying for these assets and their current Market Value? It is likely the Fed is blowing a bubble by paying more than Market for assets which gives their sellers more money than they had before ... so they can blow an asset-price bubble based on ... what? If that is the case, we should feel the price impact of the inflation as the asset-markets force producers to mark up prices based on higher priced raw-materials. One could suspect we're already seeing that in the price of gasoline.Unknownhttps://www.blogger.com/profile/16602873546506961881noreply@blogger.com