Posted on 05/18/2022 8:44:10 PM PDT by SeekAndFind
The Lord has provided us with a couple years worth of firewood.
A lot we can hand split over the course of the summer, but we’re going to have to borrow a splitter for some of it.
We think the guy across the street owns one, so we’re going to see what we can negotiate with him for for the use of it.
All of this is deliberately brought on by the criminals in charge now and nothing else
Isn’t a recession 2 or more consecutive quarters of negative growth?
Well, duh. Anyone who has that crystal ball is likely on his own island being pampered by beautiful Polynesian servants.
Might as well suggest one accurately predict the winning number for the lottery.
Which, as with the early 80s, collapses the economy. But it’s inevitable, assuming we actually correct inflation.
Stagflation is already here. Everyone but the Fed appears to know it. We as consumers certainly see it every single day.
While increased production can help reduce inflation it is in orders of magnitude too small to make a big difference. Also, he stated the FED is confused in their job. Their primary charge is to control the supply of money not to manipulate interest rates.
unless the Fed raises rates to double digits. Just like in the early 80s.
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Then its time to move you money into a savings account where you could make 20%
I disagree, our increased productivity over the last two decades is what allowed the Fed to print so much money. We probably would have been in deflation if it wasn’t for so much printing. But then gov’t couldn’t get off the crack money machine when productivity decreased during covid.
Yep and it crashes the market.
According to the Corporate Finance Institute, the answer is yes.
My favorite Ronald Reagan quote:
"A recession is when your neighbor loses his job.
A depression is when you lose your job.
Recovery is when Jimmy Carter loses his job."
We are selling both properties at the top of the market and moving to the country on 6 acres zoned agricultural. Keeping a lot of cash and PM on the sideline. We got out of the market last year.
I disagree, from what I am reading, I believe the downward trend of the velocity of money over the last two decades is what allowed the FED to print so much money and for us to not incur significant inflation.
The def has been bastardized by politicians and ideologues
The def has been bastardized by politicians and ideologues. They got you.
It’s how the government class attempts to solve every problem…they just change the language.
The def was bastardized to claim Bush created a recession. Don’t defend leftist lies.
we still have some debt here and we have cashed in Roth accounts that are losing money to pay for that debt....
here's a question...anybody have any thoughts on "fixed indexed annuities" which guarentee you will never loose your principle with small steady gains.
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