"she poured even more lighter fluid on small and mid-size banks all over the country."Translation - I'm a typical Biden Administration ignoramus and I'm here to help.
To: Enterprise
If credit tightens too much, the feds will just start pumping made up money directly to the public as “stimulus”. We’re stuck with inflation, no matter what these bank fear mongers promote.
2 posted on
03/24/2023 4:58:17 AM PDT by
Codeflier
(My voting days are over. Let it burn...give the people what they want good and hard.)
To: Enterprise
Gee. It’s almost like free people are acting in their best interest in a free market. The dems need to stop this right now - “Nip it in the bud, Andy.”
4 posted on
03/24/2023 5:07:53 AM PDT by
Bernard
(“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
To: Enterprise
6 posted on
03/24/2023 5:41:42 AM PDT by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Enterprise
volcker pushed the prime to 21% to squelch 13% inflation
7 posted on
03/24/2023 5:42:36 AM PDT by
joshua c
(to disrupt the system, we must disrupt our lives, cut the cable tv)
To: Enterprise
9 posted on
03/24/2023 5:54:15 AM PDT by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Enterprise
And gold hit $2000/oz yesterday, en route to telling the truth about phony-baloney currencies. Central banks have been routinely bludgeoning gold prices in order to keep precious metals’ prices from a runaway breakout.
There’s an end to that practice. The day is coming when margin calls can no longer be met with a printing press.
10 posted on
03/24/2023 5:54:31 AM PDT by
Migraine
To: Enterprise
Interesting article Thanks for posting. Biden and company have demonstrated such a level of stupidity that one must wonder, is this not all happening on purpose? How can any one person or group of people be this stupid?
Apparently the "Great Reset" as promulgated by Obama and now Biden is well under way. Rough road ahead...
13 posted on
03/24/2023 6:06:40 AM PDT by
donozark
(Colonel Tom Parker was a Democrat.)
To: Enterprise
I asked my wife a rhetorical question: “If you had billions in a bank right now, what would YOU do?” She got it right away. The powers that be are delaying allowing more to fail (due to mismanagement) so most of their big donors can reallocate their funds/assets. Probably a lot of short sellibg being establised. Little people are goibg to be bagholders. All so sad and unnecessary and certainly most punishable if only we didn’t have totally corrupt leaders.
14 posted on
03/24/2023 6:24:18 AM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: Enterprise
A major credit contraction would be a nightmare scenario for the economy
I disagree, Credit and Borrowing your way to success is how we got in to this mess in the first place. Try living within your means and NOT borrowing from the future. Sure, it will be real hard in the beginning, but once you get the hang of it, your life will be much better as a former Debt Slave.
Yes I am debt free, I don't borrow money for any reason. You would be surprised at how fast you can save when you aren't paying bankers for the trinkets they advanced to you.
15 posted on
03/24/2023 6:40:55 AM PDT by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: Enterprise
Not to worry...Janet Yellen is having a meeting this afternoon.
21 posted on
03/24/2023 9:26:34 AM PDT by
Mashood
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