“What a crock. This is already WAAAYY worse than that one.”
Not even close. Stock market today is heading into record territory, homes are selling, people have jobs.
A few empty shelves in certain regions is all we have and some inflation.
Inflation? Tell me what they now include to estimate inflation.
Its is a lie. And you know it.
As for the credit system. The fed cant increase the interest rate because if they do, the largest expenditure for the national budget will become the interest on the national debt. That you also know.
Interest rates are low, stocks will grow, Interest rates are high, stocks will die.
and you were doing so well with your cherry-picking of economic data points — until you got to the end there
“some inflation” ???
the annual pace of inflation is at its highest level in 30 years, as of the most recent report for September 2021.
from Marketwatch
“Until very recently, Federal Reserve leaders insisted inflation would start to fall back to toward pre-pandemic levels of 2% or less by the end of this year.
Yet in the past week senior central bank leaders acknowledged inflation could remain high well into 2022 because of ongoing shortages of crucial business supplies and and even labor.”
so “some inflation’?
that’s where the credibility of your assertions evaporated
“Not even close. Stock market today is heading into record territory, homes are selling, people have jobs.”
Are you effin retarded?
The real economy, across the board is tanking. Folks are LOSING their jobs. Folks have a bankroll of Free Money for a very short time. Foreclosures are gonna BOOM. And they’ll be bought up for pennies by Big Shots. Gas, Food, Medical Insurance everything is going up big right now.
If you got yours already, good for you.
The next generation(s?) are so screwed, and sadly so mis-educated that they don’t even know it.
You’ll own nothing and like it.
You left out the sarcasm tag - we need that these days. If not . . .
"Yeah, we hit an iceberg, but so what? Keep on merry-making. All is well."