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The Fed has decided the US will need a 'growth recession' to rein in inflation. Here's why it's bad news for job seekers.
market insider ^ | 9/7/2022 | Ben Winck,Madison Hoff

Posted on 09/07/2022 10:27:00 AM PDT by RomanSoldier19

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To: DesertRhino

it’s been known to happen...


21 posted on 09/07/2022 10:50:13 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: RomanSoldier19
Higher interest rates will certainly protect the central bankers for a while.

Inflation will stop when government stops financing all that spending by "printing more money". Not until then.

Yes, I know, the government creates most new money by issuing bonds and the Federal Reserve bankers skim a percent of the new money by underwriting them. Higher interest rates just give the central bankers a bigger skim to work with. And it proceeds to wreck the economy, just as badly as the inflation did.

Government is the cause of inflation. Not, business, not labor. Inflation is a policy of deliberate theft to benefit the government and selected groups that support the government.

"He who robs Peter to pay Paul - can count on support from Paul."

I remember the last time we did this. "Stagflation", here we come.

22 posted on 09/07/2022 10:50:42 AM PDT by flamberge (Those who pose the greatest danger to you are living within five miles of you.)
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To: RomanSoldier19

Ah, I see - it isn’t just a recession, it’s a growth recession. And starvation is a great way to lose weight. Now eat yer bugs.


23 posted on 09/07/2022 10:51:42 AM PDT by Billthedrill
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To: Chode


24 posted on 09/07/2022 10:51:46 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Billthedrill
And starvation is a great way to lose weight

Which is easier when shivering in a 50 degree house which is why they jacked up energy prices.

25 posted on 09/07/2022 10:53:20 AM PDT by 1Old Pro
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To: RomanSoldier19

Never a mention of stopping deficit spending.


26 posted on 09/07/2022 10:53:55 AM PDT by The Free Engineer
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To: RomanSoldier19

Imagine if you will, the 500b stolen from the American people to redistribute to Deep State fascist cronies was used to fix the supply chain, reopen domestic oil production and continue building the wall.


27 posted on 09/07/2022 10:54:24 AM PDT by EQAndyBuzz (DJT24)
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To: RomanSoldier19

The expected “soft landing” has turned into an approach on a steep downslope, coming in high, hot, blind, dead-stick, and with the glide angle of a brick.

What could possibly go wrong. We have a hot pilot in the cockpit, with some fifty years of experience. Or is that one year’s experience fifty times?


28 posted on 09/07/2022 10:57:46 AM PDT by alloysteel (A born skeptic is now living in a target-rich environment. SO many beliefs to challenge...)
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To: Chode

Baby’s gonna die....


29 posted on 09/07/2022 11:04:15 AM PDT by alloysteel (A born skeptic is now living in a target-rich environment. SO many beliefs to challenge...)
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To: alloysteel

they all gonna die...


30 posted on 09/07/2022 11:09:35 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: RomanSoldier19

BOHICA


31 posted on 09/07/2022 11:13:48 AM PDT by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: RomanSoldier19

There was never any such thing as a “soft” landing. It’s never happened before in history and is impossible.


32 posted on 09/07/2022 11:14:43 AM PDT by frogjerk (I will not do business with fascists)
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To: RomanSoldier19

And here I thought a simpler solution would be to stop spending so much money out of thin air. That way, you WOULDN’T have to do a “growth recession” that would prompt even more government spending out of thin air.

Stupid, stupid, stupid . . .


33 posted on 09/07/2022 11:16:29 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: Chewbarkah

Don’t forget getting rid of good agriculture by banning synthetic fertilizers because of NOx or something. I don’t think we’ll starve, but lots of people who depend on US ag exports will.


34 posted on 09/07/2022 11:17:59 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: ExTxMarine

Soon no food and no jobs; things don’t look good>


35 posted on 09/07/2022 11:21:52 AM PDT by chopperk
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To: RomanSoldier19
From the Internet wayback machine for this 2013 Nancy Pelosi (House minority leader) quote; "Economists agree that unemployment benefits remain one of the best ways to grow the economy in a very immediate way". Now we will get a test of this claim from this wise Italiana, won't we?

If this goes as it looks, Biden & the 'D'onkey Party will be facing a grim economy as 2024 comes around. Especially if one compares the metrics from 2020 when Trump had so much green before the hit from Covid!

36 posted on 09/07/2022 11:24:48 AM PDT by SES1066 (More & more it looks like Brandon's best decision was Kamala! UGH!)
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To: ConservativeInPA
If you work for government, then you are the problem.

Wow, someone is finally figuring it out. I'm shocked.

37 posted on 09/07/2022 11:31:09 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: RomanSoldier19

We need a recession from the libtards causing the inflation.

Seems really obvious


38 posted on 09/07/2022 11:42:57 AM PDT by NWFree (Somebody has to say it 🤪)
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To: cuz1961
Because they are polymorphously perverse.
39 posted on 09/07/2022 11:54:21 AM PDT by Boogieman
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To: RomanSoldier19

If I had to do it all over again I’d opt for a Fed job.

Decent salary, job security, great benefits retirement and medical insurance. Very laid back work environment.

Although nowadays they are not hiring many white males.


40 posted on 09/07/2022 12:01:19 PM PDT by CodeJockey ("The duty of a patriot is to protect his country from its government.” – Edward Abbey)
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