[Browns Ultra Fan]

Biden's crazy spending and The Fed refusing to raise rates. How whacked is this?

[cgbg]

The Fed has painted itself into a corner.

If they raise their interest rates up to the inflation rate, there will be a monumental crash that will get the Great Depression renamed the Minor Recession.

[Jonny7797]

Sounds to me like a joint effort to destroy the dollar.

[Red Badger]

It doesn’t make any sense.......................

[PGR88]

its all fake news. The Fed doesn’t “print money” and the Fed doesn’t control interest rates!

LOL.

[Little Ray]

Sounds like, if you have the spare money, it is time to buy land and houses....

[Theoria]

No whacked. This is the nature of a shifting workforce. This has been happening for decades. Massive government spending, low interest rates, increased legal and illegal immigration, global wag arbitrage, etc.

Asset inflation disguises the issue of wage stagnation. The amazon and walmarts of the world help to keep prices in check, and increased technology helps such innovation get a better return on the dollar.

[Lurkinanloomin]

“Never underestimate Joe’s ability to f*(# things up.”

[Kozak]

They can’t raise rates or the debt explodes. It’s a trap.

[ifinnegan]

“... the REAL 30-year mortgage rate is -3.689%.”

So where do I sign up to be paid to have a mortgage?

[immadashell]

If the Fed is finally audited (for the first time?) the audit report would crush the dollar.