Gone on you with those OMO’s

Young Greenspan, he in macro mode

 

Made this here with the reserves up in the bank

At the Fed Reserve, when they pull up, I print some cash

Yeah, sell some bonds, when Donny lowering the tax

Demand is way too big, when we pull up we sell some bonds

(Sell me the bonds!)

Had to increase greatly, the interest rates

Had to cut the money, by selling bonds

Commander in Chief, he boosted spending

Now it's 4AM and I’m back up selling all the bonds

I just landed in, raising the reserve requirement 

Different ratio, think my banks are giving out some loans

And they making bread, know the banks are charging interest rates

 

Some-some-some, someone said

When taxes increase, we all in too deep

P-p-purchase the bonds, don't sell the bonds (someone said)

When taxes increase, we all in too deep

P-p-purchase the bonds, don't sell the bonds (yeah)

 

These bonds way too big, y’all know I don’t sell them off

Janet Yellen, she doesn’t even have a clue

All of this cash, I made off bonds I produced

I might take all my bonds and put ‘em all in a fund

Need to lower, the discount rate

‘Bout to turn inflation, to Venezuela 

Told em, unemployment, is going down

In the 202, Fed members call me Uncle Al

(Don’t stop, print that money)

Had to stop the money, from growing fast

She said “where we goin’?” I said, “The Fed”

In the long run, we’re all dead

She thought I’m running fiscal, I’m monetary

I don’t impose taxes, I don’t levy

Who controls the money, I’m the dude (interest rates)

I’m trying to keep inflation rates at 2

 

Interest rates (Buyin’ the bonds)

Interest rates, we want stable interest rates

(Don’t sell off the bonds)

 

Yeah

Macro

Yeah, yeah

Greenspan, bring employment up (Ay, ay)

 

Fed’s in love with discount rates

Back in ‘02 I used to take loans from the bank

Now I hit the Fed Reserve with bonds in my hands

I made half a plan, to boost aggregate demand

Had me buying all the bonds, ayy, yeah

All the bonds, ayy, yeah

All the bonds, ayy

 

Ceased capital flight, ayy

With financial might, ayy, treasury securities, man

This bank got excess reserves, man

I still got loans to settle, man

I crept through the fed (through the fed), bought a bond (yeah, bond)

Discount rates (yeah, what?) raise the price (yeah)

Loaners think it’s cheap, (nah, nah), that’s not right (yeah, what?)

Looking nice (yeah), investment looking nice (aww, man)

Donald Trump (yeah), bonds over stocks

That’s what I like (yeah), that’s what we like (yeah)

Lost my respect, stock not a threat

When I sell my stocks, I make bank like I’m Warren (Buffet!)

See the shares that I claimed (ayy), clever like I’m Keynes (ayy)

Sharp like I’m Mankiw, I be sellin’ stocks

Selling stocks til i’m dizzy (yeah, what)

Global warming (yeah, what)

Like a free lunch (yeah, yeah)

There’s no such thing (yeah)

 

Fed’s in love with discount rates

Back in ‘02 I used to take loans from the bank

Now I hit the Fed Reserve with bonds in my hands

I made half a plan, to boost aggregate demand