[blam]

This time is different?

[for-q-clinton]

Two things. Yes they need to raise rates NOW!

But more importantly the federal govt need to stop spending.

[Drew68]

[Jonny7797]

17% sounds about right, maybe even higher. I know Eggs are up 32% in one year.

[End Times Sentinel]

I’m no economist, but I do believe the government spending orgy is a key cause.
What I DO know, is I can’t make 8%+ less this year than I did last year, let alone 12%.

[Obadiah]

As you can attest, I replied to one of your posts many weeks ago and estimated that the actual inflation rate was really about 16% not the phony 7% or 8% they were claiming at the time.

[ClearCase_guy]

I remember when my parents predicted a full-scale revolution in the country if a loaf of bread ever cost $1.00.

"Missed it by that much."

[PGR88]

This time is different?

Yes. Unlike in 1979, when debt/GDP was around 30%, its now around 130%. Long term interest rates at 10% on Fed.gov $30 Trillion in debt (and that's assuming they balanced the budget immediately) would cost Fed.gov $3 TRILLION A YEAR.

Fed.gov currently collects about $3.7 trillion in taxes a year. So obviously, interest rates that high will simply not be allowed

Get used to high inflation. Its how America's socialists will whittle down that massive pile of debt, just like how they do it in Argentina, Bolivia, Brazil, etc....

[Brian Griffin]

Drive through Pimmet Hills west of DC and look for original ~1960 type houses.

Not much of a price originally, and not much of a house either.

If north of the Potomac, Wheaton, Maryland awaits your viewing.

[Paladin2]

Interest rates need to be higher than Inflation.

Just ask Milton Friedman.

[Pollard]

Any bets on when the Great Depression 2.0 starts?

[Varsity Flight]

Answer:

We cannot currently produce taxes at these levels.

[Savage Beast]

It is all according to plan. It is no accident.

[Mariner]

Our President Trump owns 4 years of this profligacy.

There is only one America First candidate that can credibly lead on this issue...Rand Paul.

He’s stood tall on it dozens of times.

NOBODY ELSE.

[Fury]

Obviously, interest rates anywhere beyond 2%-3% will lead to a stock market crash…

Filing for possible forced claim chowder feeding to the clickbait dumbs at “Zubu Brothers”.

[Scott from the Left Coast]

Yes, this time is different.

This time is the end of the American nation.

[Organic Panic]

Look at those signs. The same commie crap back than as now.

[entropy12]

Obviously, interest rates anywhere beyond 2%-3% will lead to a stock market crash, because stocks are highly dependent on corporate buybacks fueled by cheap loans.

And why shouldn't the bloated stock market bubble crash? It deserves to crash. So does housing. All of a sudden all good houses are over a million in many areas.

[dragnet2]

But the White House said to make up the difference American’s are happy to work 2 jobs for Ukraine.