Bidenomics.
To: Oldeconomybuyer
2 posted on
06/16/2021 11:42:56 AM PDT by
Army Air Corps
(Four Fried Chickens and a Coke)
To: Oldeconomybuyer
The economy is addicted to low interest rates.
If the Fed raises them at all significantly the crash will be epic.
Think of it as surfing during a tsunami—the slightest move and disaster strikes.
3 posted on
06/16/2021 11:44:44 AM PDT by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: Oldeconomybuyer
Borrow all the money you can now on a low fixed rate and as long term as possible. Then just pay it off with inflated dollars. It’s like giving yourself a raise, and sometimes a BIG raise.
4 posted on
06/16/2021 11:46:36 AM PDT by
cuban leaf
(We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
To: Oldeconomybuyer
7 posted on
06/16/2021 11:47:57 AM PDT by
BipolarBob
(Who is John Galt and is he vaccinated?)
To: Oldeconomybuyer
...Yet the officials foresee price increases remaining tame in the following two years Shameless liar. They know damn well they inflated the currency and what is coming down the road.
9 posted on
06/16/2021 11:50:34 AM PDT by
Nateman
(If the Left Is not screaming , you are doing it wrong..)
To: Oldeconomybuyer
“coincided with rising inflation”
instead of:
“causing rising inflation”
typical fascist leftist propaganda from AP ...
11 posted on
06/16/2021 11:52:44 AM PDT by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: Oldeconomybuyer
How about stop printing money?
12 posted on
06/16/2021 11:53:28 AM PDT by
ConservativeInPA
(“When injustice becomes law, resistance becomes duty.” ― Thomas Jefferson)
To: Oldeconomybuyer
Run rate inflation CPI / PPI Blend is at 8.4%.
Case Schiller home price index is >13%.
And they’re talking aboit 2023?
Nuts. This is not grandpa’s data feedback loop of several years. This is a millisecond economy that will totally overheat next month.
We’re doomed by ancient slugs at the Fed.
18 posted on
06/16/2021 12:14:13 PM PDT by
Uncle Miltie
(I'm changing my name to 'Spike Protein'!)
To: Oldeconomybuyer
This was a ‘given’. Always when the woke elect Democrats.
24 posted on
06/16/2021 12:30:49 PM PDT by
Parmy
To: Oldeconomybuyer
The current low interest rates on savings result in a loss of money. The piddlingly low rate of interest is a joke. And the interest is taxable even though your money has lost value.
28 posted on
06/16/2021 1:44:31 PM PDT by
I want the USA back
(The government is the biggest criminal of them all.)
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