Posted on 12/30/2022 8:44:13 AM PST by Red Badger
Someone should tell the authors there’s a war going on.
Price inflation is coming down, due to monetary deflation.
There are a number of cash instruments that pay over 5%.
Price inflation has not been at 10% when taken as a whole.
Cash is the wise place to be. Been there since the end of 2021.
Oil will be dropping into the 50's. Very possibly lower.
Commodities do not perform well in a global recession.
Global war is the only thing that would cause oil to spike.
I have been maxing out in I-Bonds. A lot of the ones I have are paying over 9%. I think the latest rate is over 6%.
Wall Street, Meta and Disney are the biggest losers. Note they voted almost all for Biden so enjoy!
Can congress spend more in 2023?
I thought that the $1.7 trillion omnibus was passed so the republicans could not pass any spending bills till august.
If so does this mean the economy has a chance to recover till then before a new spending bill is concocted?
Nothing will stop a Congress from spending more money!.................
Obama was president in 2008.
No, he was elected in November 2008, took office in January 2009.
George W. Bush was still president in 2008...........
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