Home Stimulypto! US REAL 10Y Yield, REAL Fed Funds Target Rate And REAL Wage Growth Have Been Negative Under “Inflation Joe” Biden And Overly Generous Fed

Confounded Interest ^ | 12/18/2022 | Anthony B. Sanders

[Kaiser8408a]

Like the Mel Gibson movie “Apocalypto!”, we are seeing the US middle class and low-wage workers being economically sacrificed by The Federal Reserve, the Biden Administration and Congress.

Despite the rhetoric that Fed stimulus (aka “Stimuypto!”) is being removed, the US remains plagued by NEGATIVE real 10-year Treasury yields, NEGATIVE real Fed Funds Target rate and NEGATIVE real average hourly earnings growth under Inflation Joe.

This chart demonstrates the Stimulytpo problem. Prior to Covid, US wage growth was consistently higher than headline inflation. But starting in March 2021, three months after Biden became President, headline inflation became higher than wage growth.

Even with all these negative REAL rates, the US economy is forecast to have almost no growth in 2023.

To quote Peggy Lee, Is That All There Is?

[Kaiser8408a]

Biden and Democrats are killing the US along with The Fed.

[Freedom4US]

Wages have been stagnant since the 1970s

[humblegunner]

Wow, it looks like all you post is this Tony Sanders junk.

https://freerepublic.com/tag/by:kaiser8408a/index?tab=articles

Is this your new account, Tony?
What happened to the old one?
Got zotted for promoting your odd little blog?

[humblegunner]

Kaiser8408a Shameless self promotion since Oct 11, 2022

[rellic]

In my entire working life, my regular union wages have not kept up with government controlled inflation.
It took dramatic changes on my part to get me through life,
Apprenticeships, Degrees, new jobs, et al.
The problem is the GOVERNMENT!
Y’all know why Democrats like government so much?
Democrats are weak people that cannot survive on their own.

[real saxophonist]

I’m pretty sure this is a retread of Browns Ultra Fan, who was banned right before this one showed up, and also only posted from this blog.