I agree with the premise of this article. But I see no reason to slander the entire buckaroo community.
Posted on 07/17/2022 8:03:54 AM PDT by Browns Ultra Fan
The Federal Reserve has behaved like buckaroos! Why? Since the financial crisis, The Fed has left its enormous monetary stimulus outstanding for too long.
The Fed initiated asset purchases in a series of moves (aka, QE) culminating in Covid QE that has been barley removed. With The Fed’s stimulypto (and Federal spending), we have seen the S&P 500 index soar along with home prices.
Of course, this begs the question as to whether the stock market and housing market can withstand The Fed’s tightening plans.
A closer look at the S&P 500 index and the Case-Shiller National home price index under Biden. The S&P 500 has been declining since The Fed started their monetary tightening. But the Case-Shiller National home price index as of April ’22 was still soaring.
With inflation at a 40-year high, the Taylor Rule suggests a Fed target rate of … 23.30%. It is currently at 1.75%. That is an unrealistic target rate that The Fed will never do. It is, in fact, a Bridge Too Far.
Markets are conditioned to massive Fed stimulypto, so how will markets react to stimulus reduction?
While The Fed is intent on withdrawing SOME of the enormous monetary stimulus, they are still buckaroos. And Biden/Congress still want to distort markets by Federal spending such as the Build Back (Inflation) Better bill that Manchin has blocked … so far.
(Excerpt) Read more at confoundedinterest.net ...
Did The View solve inflation?
https://twitter.com/jobobtaeleifi/status/1548468365307494401?s=10&t=8g1aF-wq1K8AoFDUM5TE0A
People are getting a real taste of what democrat economic policies will do to our beloved Republic.
If they’re behaving like Buckaroos, where was Buck Owens?
The damage is done. It will take years to burn through all the fiat money cursing thru the economy.
Bttt.
5.56mm
Sadly you are right about that.
We were partying on credit card.
But all credit cards eventually get maxxed out.
I agree with the premise of this article. But I see no reason to slander the entire buckaroo community.
What numbers are they using to get to 23.3%?
The man behind the scenes is Bronco Bama.
More like Buckaroo Banzai across the 8th Dimension.
And with HeelsUp in charge of the border along with traitor Mayorkis.
Jenny NotsoGrandholm [”You’ll be brown away”] @ Energy
The EPA
That Yellin’ woman
etc.
How’s that MMT working out for ya, dems?
All of this is a consequence of over a century of planning to push global socialism/communism. The collapse of the USSR didn't stop it. It actually made those pushing world socialism/communism more aggressive.
We are in an ideological war for our nation and way of life.
With inflation at a 40-year high, the Taylor Rule suggests a Fed target rate of … 23.30%. It is currently at 1.75%. That is an unrealistic target rate that The Fed will never do. It is, in fact, a Bridge Too Far.
Social Security increase may have to be as high as 10.8% in 2023
Good post.
This is why claims about “inflation ending soon” are absurd.
There are systemic reasons (in both private and public sectors) why once inflation ignites it becomes a wildfire—and the only way to stop it is with drastic Fed action—which will still take months to have an effect.
You’ve griped when they’ve raised.
You’ve griped when they’ve didn’t.
You’ve got it covered.
The only answer is more exclamation points.
Let me know when I can get some CDs paying 23.3%. Except there’ll be no banks then.
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