New Tractor Sales Are Declining
- Thread starter Cahaba Valley Farm
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2manyrocks
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Getting back to money, one crude measure of the value of today's money is to look at the value of a Kennedy half dollar which is currently worth $7.6643 for its silver content.
www.coinflation.com
Here's the ironic thing about the SVB bank failure. According to the NY Times, SVB apparently bought a huge amount of US Treasuries which are supposedly among the safest investments in the world. But they bought them when rates were low. When bank depositors asked to withdraw funds, the bank sold those investments at a $2 billion dollar loss because interest rates had risen since the bank bought Treasuries and therefore the Treasuries had to be discounted to be sold. Silicon Valley Bank Fails After Run on Deposits
Interesting what begins to happen when they take away the endless supply of low, low interest rates.
1964 Kennedy Silver Half Dollar Melt Value - Coinflation
Welcome to Coinflation and everything you need to know about the 1964 Silver John F. Kennedy Half Dollar. This site measures the pure metal value or current melt value of U.S. circulating and pre-1965 silver coins (ignoring the numismatic value, some people call it junk silver too). Values for...
Here's the ironic thing about the SVB bank failure. According to the NY Times, SVB apparently bought a huge amount of US Treasuries which are supposedly among the safest investments in the world. But they bought them when rates were low. When bank depositors asked to withdraw funds, the bank sold those investments at a $2 billion dollar loss because interest rates had risen since the bank bought Treasuries and therefore the Treasuries had to be discounted to be sold. Silicon Valley Bank Fails After Run on Deposits
Interesting what begins to happen when they take away the endless supply of low, low interest rates.
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Cahaba Valley Farm
Veteran Member
I personally do not understand why they purchased low interest rate debt to begin with. But even more complexing is why they held onto it instead of selling it off when inflation began to rise.Getting back to money, one crude measure of the value of today's money is to look at the value of a Kennedy half dollar which is currently worth $7.6643 for its silver content.
1964 Kennedy Silver Half Dollar Melt Value - Coinflation
Welcome to Coinflation and everything you need to know about the 1964 Silver John F. Kennedy Half Dollar. This site measures the pure metal value or current melt value of U.S. circulating and pre-1965 silver coins (ignoring the numismatic value, some people call it junk silver too). Values for...
Here's the ironic thing about the SVB bank failure. According to the NY Times, SVB apparently bought a huge amount of US Treasuries which are supposedly among the safest investments in the world. But they bought them when rates were low. When bank depositors asked to withdraw funds, the bank sold those investments at a $2 billion dollar loss because interest rates had risen since the bank bought Treasuries and therefore the Treasuries had to be discounted to be sold. Silicon Valley Bank Fails After Run on Deposits
Interesting what begins to happen when they take away the endless supply of low, low interest rates.
Snobdds
Elite Member
I am always good.
There is a difference between crypto and bitcoin. I am a huge fan of bitcoin. Not a huge fan of crypto.
2manyrocks
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Because the fed virtually destroyed the debt instrument market by holding down rates for more than a decade.
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Cahaba Valley Farm
Veteran Member
I completely agree with you but two years ago when inflation began to rise significantly why didn't they dispose of their treasury debt holdings?
OP
Cahaba Valley Farm
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Please explain
2manyrocks
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Suppose they sold off at a discount as rates rose during the first round of rake hikes. Then sold at a slight discount every time as rakes rose again. And what would they have reinvested in and what would it had paid?
One thing that is disturbing is that the depositors who had deposits exceeding the $250,000 FDIC insurance limit are apparently going to be made whole. They are throwing money at this hoping it doesn't spread beyond control.
One thing that is disturbing is that the depositors who had deposits exceeding the $250,000 FDIC insurance limit are apparently going to be made whole. They are throwing money at this hoping it doesn't spread beyond control.
Snobdds
Elite Member
It's a deep topic...I don't have time right now.
Bitcoin is proof of work. "crypto" is proof of stake. If you read up on those and understand the difference, it will become clearer on why the two are different.
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