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To: bert

if that was true then there would be demand for goods and services...an economic boom, not a slow down.

Is that called a bull market of sorts?

If we all had this cash that was printed, the inflation we would see would cause an economic bubble, not a shortfall with reduced supply of goods for the reasons we see.

If people had money and were entrepreneurs, they would create trucking companies, new businesses ... is that what we see?

The simple printing of money that me and you have no access to as consumers does not seem to affect any of this, this is why I am confused


58 posted on 06/15/2022 5:59:19 AM PDT by RaceBannon (Rom 5:8 But God commendeth his love toward us, in that, while we were yet sinners, Christ died for )
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To: RaceBannon

You must not confuse the stock market with the economy.

A bull market is when over time, investors be they individuals or institutions are consistently buying securities.

Conversely, a bear market is when over time invastors are selling or not buying securities.

I can’t state precisely under what guise nor in what amounts the government inserted money into the economy. I know that the government borrows money by selling treasury bonds. This is creating money. During Covid I personally received several cash payments that was in actuality money created out of thin air. “We” not only had access to the money but actually received it on several occassions via government checks

Deficit spending is when the government spends more that it receives in tax revenue. There is the current deficit, this fiscal year, and the long term deficit which is made up from all the various previous current deficits. Deficits are an injection of money into the economy.

Regarding a boom. In my view at present there was a boom in many areas and a static economy in others. As a result of the Biden policies, there is a retardation that some are referring to as the early stages of a recession. Additionally, Covid as a world phenomena, caused all sorts of disruption and extrordinary measures.

Enough....... maybe too much


97 posted on 06/15/2022 6:35:04 AM PDT by bert ( (KWE. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)
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