"And THAT is how you wreck a nation's economy."
Is this a trick question?
Probably too early. We’re still expecting inflation. You’ll cut the rates after people are no longer anticipating inflation.
$34 Trillion in Fed.gov debt means, very simply, deflation is politically impossible. It will NEVER be allowed to happen
In a hard-money world, deflation would occur (or debt would have never got so high in the first place)
But the Federal Reserve runs a printing press, and they and Fed.gov will use it. They have no choice
"And THAT is how you wreck a nation's economy."
Watch the treasury bonds. Looks pretty bad.
Yes
One thing for certain with the election year upon us is the lying, obfuscation, distortion,distraction, etc. from Washington will be off the charts. We could find ourselves in a depression, major war, and waves of domestic terrorism, but reporting would all be adjusted and sanitized to a more palatable narrative.
Don’t worry, everything will be fine, we won’t run out of money, they can and will just print more...
Time to bring out the old WIN buttons!(Whip Inflatin Now)
right now the prices of needed items and services are still SKYROCKETING
everything.
FOOD especially.
restaurants including burger joints too
insurance
rent
car repairs
cough syrup
coffee
gasoline
electricity
gas
water
sewer service
garbage pickup service
taxes
almost everything online including amazon
entertainment
up up up up up
"More than any other time in history, mankind stands at a crossroad. One path leads to despair and utter hopelessness. The other, to total extinction. Let us hope that mankind chooses wisely." - Woodie Allen
Regards,
Wonder how much money the feds are pumping in the the markets to keep it alive dead end street sign ahead.