Friday, January 31, 2014

"Fed Has Fingers & Thumbs On The Scales Of Finance," Grant Tells Santelli And It "Will End Badly"


...People want Treasuries when they want nothing else.

...Who knows the what value is when the Fed fixes the Determining Interest Rate ZERO.

Hoosier's note: When Interest Rates IS Zero, the value of an asset is INFINITY!!!

I have tried to explain this in the past, let me try to do it one more time.

100 / 1 = 100
100 / 0.1 = 1,000
100 / 0.01 = 10,000
100 / 0.001 = 100,000
100 / 0.0001 = 1,000,000
100 / 0.00001 = 10,000,000
100 / 0.000001 = 100,000,000
100 / 0.0000001 = 1,000,000,000
.
.
.
100 / 0 =