Posted on 01/30/2022 3:10:20 PM PST by blam
Hmmmm
“Transitory” is their regurgitated word on the news.
I’m just glad Joe Biden is POTUS...
There is a third option. Explosive prosperity with mean tweets
Bfl
Option 3: Print enough money to make the dollar worthless and flee to your New Zealand escape compounds while the peasant population starves.
What is the difference? We still can’t buy anything. Either the dollar becomes worthless or we don’t have any.
I told my husband I would glad eat rice and beans, if the pain was so great to keep libtards out of office for the next twenty years.
That situation is nothing new, it’s old.
The federal govt making it worse every year is the problem.
There may well be a recession, but either way the FED will be more worried about deflation than inflation in 3-5 years.
“... There is a third option. Explosive prosperity with mean tweets ...”
I like the way you think FRiend.
Given the gubmit’s proficiency in choosing the worse, we may safely assume that the Fed will chose the worse option.
After all, that’s where talent does NOT go.
Once the supply chain clears, inflation will slow. But without energy prices coming down, it won’t deflate.
And china’s ports are closed right now (2 big ones at least); Canadian imports are messed up. And about two trillion in government spending is going to be released this year.
What could go wrong?
If you look at a chart of recession history, we’re due, so what’s the big deal. Recessions are normal events, that’s why they generally happen about every 8-10 years. Reagan had two in 4 years.
“we still can’t buy anything”
Huh. I am still buying things.
Oops, I had a lib arts student moment. That’s “worst”, not “worse”.
Actually it is one choice - when to trigger the Recession. Either now or years from now after your paycheck has shrunken by 30 to 50 percent.
“There is a third option. Explosive prosperity with mean tweets”
Yep. Put Trump back in office like he should be.
Third Option: Complete collapse of the world’s FIAT currencies, where the Banksters get rich and now hold half the world’s wealth (about $500 T). The end of Fractional Reserve Bankstering.
Precious-metals backed currencies rise to take its place.
The federal government has printed trillions of dollars since back in 2020 and we still have inflation.
“Seth Carpenter, Morgan Stanley global chief economist”
It’s not like he has any interest invested in the truth.
What’s he doing with HIS personal assets?
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