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Powell and Biden create a massive bubble. Prayer for our economy!
1 posted on 12/05/2021 1:13:23 PM PST by Browns Ultra Fan
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To: Browns Ultra Fan

One rule of the markets that seems to be reinforced over the years is the reversion to the mean.


2 posted on 12/05/2021 1:29:43 PM PST by Vermont Lt
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To: Browns Ultra Fan

These people never say what should have been done instead.

We heard the same dire story in 2008. The only thing that happened was a recovery.


3 posted on 12/05/2021 1:47:34 PM PST by SaxxonWoods
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To: Browns Ultra Fan
As we are all painfully aware, The Federal Reserve went on a 2nd money printing spree to allegedly stave-off the economic impacts of the COVID outbreak in March 2020.

United States Money Supply M1

United States Money Supply M1

INFLATION CITY

4 posted on 12/05/2021 1:57:27 PM PST by mjp (pro-freedom & pro-wealth $)
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To: Browns Ultra Fan

I’m in rural Florida and I’m starting to see the stations around me put bags over their pump handles. I was unloading my 15 gas cans and four diesel cans and the woman came out to tell me they only had “marine” gas. (That’s gas with no alcohol.) I said that’s what I needed and filled up $110 worth. (I keep 20 gallons on hand for my generator and used all of it plus some after Hurricane Michael.) I got diesel at a different station.

Virtually all of the present crises are government caused. Shutting down the ports as they did started a cascade in the supply lines. Killing small businesses hurt everybody. The small rural stations are usually gassed up by independents. I’m wondering how much of the problem is the number of small business owner/drivers who were put out of business.

If the government was trying to kill the American economy on purpose, what would they be doing differently from what they’re already doing?


5 posted on 12/05/2021 2:04:44 PM PST by Gen.Blather (Wait! I said that out loud?)
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