Posted on 04/22/2022 6:35:29 AM PDT by Browns Ultra Fan
US President Biden went green and signed executive orders on his first day to limit oil and natural gas exploration of Federal lands and offshore (also, killed the Keystone Pipeline), helping to drive up energy prices and food prices. These orders begat inflation (also caused by the massive Covid relief by the Federal government). The highest inflation in 40 years begat The Federal Reserve signalling a tightening of Fed monetary policy … to fight the problem caused by The Fed in the first place … too much monetary stimulus for too long. Fiscal and monetary fanaticism and ignorance is forever busy and needs feeding.
There was an interesting article on MarketWatch entitled “Bond rout exposes Social Security’s insanity.” The headline was “Every dollar of yours that’s invested in the Social Security trust fund is invested in low-yielding government bonds.”
Yes, another disastrous consequence of The Fed’s lax monetary policy since 2008, helping to push Treasury yields extremely low. And REAL Treasury yields into negative territory.
But here we sit today with The Fed threatening to trim their balance sheet and raise rates … to combat the inflation they helped create in the first place. Now we have the 10-year Treasury Note price falling like a paralyzed falcon with expected hate hikes going above rate hikes by February 2023 (based on Fed Funds Futures prices).
Most pension funds also invest heaving in US Treasuries, along with agency Mortgage-backed Securities (AgencyMBS).
Plus we have the Treasury curve slipping into darkness.
Speaking of “Slipping Into Darkness,” mortgage rates are soaring.
Meanwhile, Biden, Fed economists and Congress are merrily partying at some DC nightclub.
What is hip? NOT Biden, Pelosi, Schumer or Powell.
(Excerpt) Read more at confoundedinterest.net ...
Slippin’ Into Darkness
https://www.youtube.com/watch?v=OLyF0EFXU28
They don’t care. Heck, BernieTheMillionaireCommie has three houses he can slink to if the going gets tough for us.... The Squad just doesn’t give a rip.
Nothing to worry about, we won’t run out of money, they can just print more when we need it...
FU Biden. Hero of the retarded college snowflakes, cupcakes, marshmallows and ditzy little “free spirit” princesses. Morons all.
If the Communists step on the third rail of retirement protection they will blow every circuit breaker on every power system in the nation.Maybe that's what they want. Total destruction of America. Civil War II !
Lets talk about what the left says it wants:
1. Living Wage
2. Health care
3. Free education
4. Retirement
5. Descent jobs
Lets talk about increasing the national debt, and loose monetary fed policy and it’s effect on people.
1. Less Jobs and less quality jobs.
2. Less living wage from inflation and stagnation
3. Worthless education because there are no quality jobs
4. Diminishing Retirement prospects and poverty in retirement.
Interesting how ‘Progressives’ sell their to the people of America, knowing full well that the consequences are actually OPPOSITE of what the people actually want....
Lets talk about BLM and Defund the police. Defunding the police results in increased deaths of proportionally black people.....
That’s the real magic of Socialism. Disconnecting, in the minds of the followers, the cause and effect relationship of their policies.
Everything is getting clobbered, the 401k equities and bonds in the market are getting slammed. This guy is a walking disaster.
Not for the left. This is what they want.
Yet we see zero coherent message on such issues due to ZERO leadership.
Joe Biden did not invent this particular problem.
For decades sane voices have wanted to invest the Social Security Trust Fund in stock index funds. Dems are unalterably opposed to this because it would align the interests of the government with the interests of American industry.
Now if we go look at where the unions who oppose this reform invest their own pension funds it is uniformly in common stocks of American industry -- they know how to get a better return than investing in US Treasury bonds. But if the government did that it would reduce their own political power, so they are completely opposed.
Better returns for me, but not for thee.
The article has some good money quotes…
The Federal Reserve signalling a tightening of Fed monetary policy … to fight the problem caused by The Fed in the first place … too much monetary stimulus for too long. Fiscal and monetary fanaticism and ignorance is forever busy and needs feeding.
“US President Biden went green..”
I can’t wait until he turns blue.
I’m just glad Reagan rammed thru 401k plans.
I can retire now very comfortably!
If that had not happened, things would be much different.
I can’t wait until he turns into worm food.
I prefer “STRAIGHT Into Darkness” Tom Petty and The Heartbreakers.
https://www.youtube.com/watch?v=RyPeUV9-po8
...they will blow every circuit breaker on every power system in the nation.Maybe that’s what they want. Total destruction of America. Civil War II !
____________________________
Of course it is what they want. They want every nation, not just America, broken, distrustful, resentful, unable to respect their own laws and forgetful of their own history.
People are already demoralized. This is the destabilization phase.
They’ve proven their power & the extent of their control. They exhibit their contempt in our faces. They WANT open, kinetic revolt.
That’s when the world becomes Terminator 2.
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