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Past Performance Is Not Indicative Of Future Results
It looks like the dollar is due for a rally according to my investment advisor.
Posted on 05/06/2022 6:53:50 PM PDT by anthropocene_x
The news has been dominated by the war in Ukraine and the cost-of-living crisis. Sometimes it might seem as though the latter is entirely the result of the former, but in truth the cost-of-living crisis was already a fact of life long before Russia invaded.
The huge increase in financial and housing wealth has masked the way that the real “economic cake” has been stagnant for some time and is now getting smaller. The very wealthy have been gaining a larger share, so the “slice of cake” left for the rest of us is shrinking.
Why should the economic “cake” be shrinking? The easy answer is to claim that it is because of coronavirus, the war in Ukraine, Brexit, climate change and the shift to green energy or other global issues that are largely outside the control of national politicians.
Politicians and policymakers would no doubt like us to believe this, but the truth is that the origins of our problems go back to before the global financial crisis of 2007-2009, and are very much the result of poor economic and financial policies.
The system is on a knife-edge between extreme inflation and deflation. There is nothing in between. Either excess financial-asset valuations, leverage and debt have to be inflated away – a process that would involve the prices of wages, goods and everything else catching up with the levels of financial assets, leverage and debt – or financial asset values have to deflate. The latter would create a huge unwinding of leverage and a “dash for cash”, which cannot be accommodated by a tightening Fed and low money-supply growth.
(Excerpt) Read more at moneyweek.com ...
when the current price of a market basket exceeds the electric bill, then what?
Some believe we can inflate our way out of this debt crisis. Just sayin’
Should be “In the making since January 20th, 2021 at Noon.”
Unfortunately yeah
This is typical left wing thinking. All the focus is on their slice of the cake until the cake is gone.
Our side says to hell with that, let's just make more cakes so everyone can have their own.
Is there anybody who knows what time it is?
Does anybody really care?
Some believe we can inflate our way out of this debt crisis. Just sayin’
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It’s a bit like upping the dose on an opioid.
Don’t worry. Beijing Joe will soon sign a “stimulus package” of 10 trillion to strengthen working families who are struggling due to inflation. (caused by Putin)
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Past Performance Is Not Indicative Of Future Results
It looks like the dollar is due for a rally according to my investment advisor.
https://www.youtube.com/watch?v=_F6cnBdfewM
Burger chef jingle
For 15 cents..a nickel and a dime at Burger Chef you eat better everytime—just a nickel and a dime will get.....french fried potatoes.....a big thick shake.....or the greatest 15 cent hamburger yet!!!! .
My electric bill just arrived. 70.36 for the month of April. I wish groceries were less. Never have groceries been cheaper then electric.
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