Posted on 04/17/2022 6:43:39 PM PDT by E. Pluribus Unum
At this point, is a recession almost certain? Economies worldwide are doing their best to stave off the inevitable decay of their post-pandemic inflationary environments. Central banks are engaged in a juggling act of inflation-busting, supporting economic growth, and quantitative tightening. However, after years of overdependence on fiscal and monetary stimulus and relief, taking off the training wheels could result in the bicycle falling over and scraping knees. It is comparable to the famous Jimmy Durante tune: “Did you ever get the feeling that you wanted to go? But still had the feeling that you wanted to stay? Was it right? Was it wrong? Still, you know you wouldn’t be very long.”
The Federal Reserve plans to be more aggressive over the next couple of months to contain 8.5% inflation by raising interest rates and trimming the more than $9 trillion balance sheet by $95 billion a month. But Wall Street is becoming increasingly skeptical that the central bank can accomplish a recovery while undergoing these tightening efforts.
“We no longer see the Fed achieving a soft landing instead, we anticipate that a more aggressive tightening of monetary policy will push the economy into a recession,” said Deutsche Bank in a recent research note.
Morgan Stanley says that it is not a guarantee that the Eccles Building can engineer this soft landing “by taming inflation without stunting economic growth.” The financial institution averred that there are reasons to be cautious, citing two main factors: high borrowing costs and fading consumption.
Treasury Secretary Janet Yellen did not exactly elicit confidence among market observers when she purported that “it’s not an impossible combination” to bring inflation down while sustaining a...
(Excerpt) Read more at libertynation.com ...
How the Government Can Use Inflation to Pay Off Debt - DQYDJ
dqydj.com/inflation-to-pay-off-debt/
After Inflation takes hold the only way it stops is when companies become afraid to raise companies.
Guess I’m selling all my stock in the morning and holding cash till we get a government that actually represents America. The rich are trying to bankrupt the middle class, creating only two classes which is the economic model of Communism.
The government needs to stop messing with the free flow of fuel, fertilizer, and food.
But the recession was caused by Joe Biden cheating President Trump out of the Presidency.
Damn you, Putin!(/S)
Seems Biden and his Obozo White House staff have set this all up with the plans provided by Soros to bring the USA down. China wants and needs the Yuan to become the Worlds Reserve Currency to survive economically. Biden has been paid off through Hunter.
Damn you Putin!
We’re already in a recession. Probably headed for an ugly stagflation
The administration has painted themselves into a corner. They are going to continue to spend because it is an election year and will only make thing worse. If they hold the house and Senate hold onto your hats because what they are doing now will be child’s play.
In the last few days I read a blurb that went by quick.
It was very close to this:
Of ever dollar ever printed, 80% of them were printed in the
last two years.
I don’t have a source, so I’m not asking folks to take this
as the dead certain truth. If it is though, that is
shocking and extremely troublesome.
If Trump gets back in, I hope his party leaders in Congress
have their leads extracted long enough to help put together
a plan to address our debt.
Anyone who has worked hard and saved money, invested it, etc. and who has planned and worked for a future will have their efforts nullified by the devaluation of their savings.
Whew! That was a close one! So you're saying that most of us Americans have nothing to worry about!
That's a relief!
Regards,
I think what has really happened, is that Obama made Marxism cool, and Biden is trying to follow in his footsteps.
Obama skated without taking any responsibility for the financial hole that he Pelosi put our nation in. Essentially the bill for communism has arrived during Trumps second, stolen term. And I do believe Obama was in on the steal.
Obama care has broken the bank. We probably have close to 30 million people on that welfare system, Obama care, costing a trillion bucks every five years. We cant stop printing money.
I dont know if that amount is correct. But the nations debt has gone from about 500 billion in the Carter years to more than 25 trillion under Trumps stolen Second term.
Bush one and two, Clinton, Pelosi and Obama cranked spending into over drive. Biden is now trying to out do them all. Trump had his hands tied, with Pelosi and Covid, two disasters on his watch.
The credit card and printing press have both been on warp speed the last 14 years. Obama and Pelosi are taking no credit for this. Half the people in this country cheered them on. Now, they get the results they voted for. A dollar that isn’t worth half of what it was 20 years ago.
So if we have assets, stock in good companies, we are doing OK. But, Marxist Kamala and Joe now want to go after capital gains, before they are realized.
We are either looking at the last gasps of communism in America, before it implodes, or the collapse of freedom. I’m betting on communism imploding. We have to look at this moment as a gift. The raw sewage of debt is spilling all over the Marxist democrat party, on their watch. They have the senate, House, and Presidency. They made this mess. The Majority of Americans know it.
As much as I want to agree with you and to a huge extent I do agree, the inflation was inevitable. Even Trump talked about a V shaped recovery, which had already started just before the election.
Inflation was poised to take this particular trajectory, as it should have.
Things in the rest of the world are affecting this from tapering off. War, supply chains, China’s covid policy, and less recently other countries and their covid policies.
There are a lot of pieces involved and a lot of elites involved. Those elites are seizing this opportunity to change the world order in many sectors. I assumed the world order would change post-pandemic with some countries succeeding and some countries failing.
We are about to find out who the real winners and losers are going to be. And we did not need Biden as President for a time such as this, we needed Trump. Trump is about the only President that could have navigated this time, but the boat would still be the same.
The world is the sinking Titanic without enough lifeboats.
The people that voted for deficit spending for the last 20 years, they now reap the reward. Many of these communists head off into the golden years with the value of social security shrinking with the value of the dollar. They mocked anyone who warned that spending would cause inflation. Now, they will suffer.
Unfortunately, they dragged us all into the deep water with them. The bill for communism has arrived.
I remember talking to Democrats, American Marxists, after Biden was elected, telling them that inflation was going to kill the dollar. They called me an idiot. They unfriended me and cursed me out. So now they pay close to five bucks for gas. For some of them, relatives, this has to be hurting, big time. Schadenfreude. It can’t hurt enough.
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