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BBSA's latest activity
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
Many G7 nations have expanded their balance sheets, and if this expansion destabilises economies, we will feel its effects globally, not...
Apr 7, 2023
BBSA
replied to the thread
Have you tried out ChatGPT?
.
Ok
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
Correct, but as pointed out the Fed has the tools to inject liquidity if needed.
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
These are two different tools the Federal Reserve use. The purpose of the BTFP is to provide liquidity to banks that have experienced...
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
Your laughter shows your ignorance. Here is a definition of the BTFP: The additional funding will be made available through the...
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
Yes the balance sheet did increase but it was not QE. In this case the money did actually go to the banks.
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
The Federal Reserve did not engage in quantitative easing for the past year; instead, they pursued a policy of quantitative tightening.
Apr 7, 2023
BBSA
reacted to
Hanno Labuschagne's post
in the thread
Post Office close to collapse
with
Love
.
Post Office close to collapse Millions of gold SASSA cards are expiring over the next few months and post offices are overflowing with...
Apr 7, 2023
BBSA
reacted to
Dave's post
in the thread
South Africa Bans Arms Sales to Poland in Support of Russian Interests
with
Like
.
TIL that the NYT is Ukrainian...
Apr 7, 2023
BBSA
reacted to
Mirai's post
in the thread
South Africa Bans Arms Sales to Poland in Support of Russian Interests
with
Haha
.
SA is in BRICS. New multipolar world. SA will be like UK any time soon. Maybe even get a P5 seat in the UNSC. Maybe there will be a P10. :)
Apr 7, 2023
BBSA
replied to the thread
South Africa Bans Arms Sales to Poland in Support of Russian Interests
.
Apr 7, 2023
BBSA
replied to the thread
Have you tried out ChatGPT?
.
Correct, how are you going to ensure Russia, Iran and North Korea will use it responsibly?
Apr 7, 2023
BBSA
replied to the thread
Have you tried out ChatGPT?
.
True, OpenAI's technology can be used, and probably will be used, to scam people under anyone's banner.
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
The United States is significantly more transparent than China, which is why many people distrust the yuan.
Apr 7, 2023
BBSA
replied to the thread
Mbeki says countries raising debate on use of US dollar
.
Correct, The Fed also provided a backstop in a few instances.
Apr 7, 2023
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