Posted on 12/26/2021 3:33:13 AM PST by Liz
Ted Cruz is in the pocket of Golman Sachs and would fill his administration with executives from the firm.
I believe his wife worked at G/S.
Speaking of Government Sachs, anyone heard anything about the TB outbreak at GS in NYC?
Wall Street loves inflation because corporate debt gets inflated away.
A modern bond or mortgage should have two interest rates.
A first interest rate would provide steady income - such as a 30-year fixed 3% payout rate.
A second interest rate would provide protection against inflation and might take the form of an adjustable principal increase rate, which might be tied to property tax assessments or government spending or retail prices, or a calculated mixture.
Thx.
Thanks! Haven’t seen anything else or since.
Gee, if Goldman had found a cure for TB, you’d think they’ve said something...
...they’d’ve...
Lol.......they tell only investors.
Keynes believed in using higher tax revenue from booms to provide higher spending during busts.
You can’t cheat people out of $30 trillion via inflation without some getting very upset.
Are you by any chance another person who actually studied Keynes rather the lie taught at most universities for the last 60 to 70 years. Most people only know what
democrat/Marxists think Keynesian economics is about not what Keynes actually thought.
Can you spot the Joe Biden effect on lithium prices?
http://www.dailymetalprice.com/metalpricecharts.php?c=li&u=lb&d=0
It made a Tesla much more expensive by thousands of dollars.
I’m sorry to say I only got brief overviews of Keynes, but his fiscally balanced approach was always mentioned by my teachers.
Yes, and he took campaign loans from GS that he did not disclose in violation of campaign finance laws.
The old rules and guidelines have been tossed aside.
So many people have so much money and are living so well that it is easy to think the party will go on forever.
This piece feels like the author is 10 years behind. How can you write about a global banking institution like Goldman and not bring in the great reset and ESG to help describe their motives? They want to own everything, and they aren’t going to get there with a middle class existing.
Goldman Sachs is the distillate of all economic evil in the world.
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