Sen. Warren ‘very worried’ the Federal Reserve ‘is going to tip this economy into recession’

Fox business ^ | 08/28/2022 | Jessica Chasmar

[Col Frank Slade]

Pocahontas blowing smoke out the old grey beaver.

[MrRelevant]

Well Liz…. You wanted massive inflation and you got it. This is the remedy. And these folks still continue to print fake money.

[FlingWingFlyer]

How!

[chopperk]

The Fed is very worried that Warren and the Dems will tip the economy into a deep recession.

[Lazamataz]

that we still have a war going on in Ukraine that drives up the cost of energy

Wrong. It's the war on the petrochemical industry that drives up the cost of energy.

[Chgogal]

Sweetie, we already are in a recession.

[jacknhoo]

The Leftists prefer to lie to themselves, to be able to feel good about themselves. They lie to the rest of the world, to be able to make the rest of the world feel bad about themselves. There’s one thing both dubious acts have in common that affect the whole world — they’re both false economies.

[plain talk]

It’s Biden’s recession. The fed will attempt to offset the damage but can only do so much. The democrat policies are the blame.

[roadcat]

Asking $1,200,000 for a house that sold for $47,000 in 1972 is absurd.
Cut the price and it will sell.

There's another factor in play, other than overcharging for a house. High interest rates.

Corporations that were buying homes in order to rent them out, have stopped buying homes. Let's say they have to pay 5 percent on the loan but can only make 3 to 4 percent in rents - that's a losing business model, paying out more than what they earn monthly.

Same situation for people trying to buy a home, interest rates for loans jack up the monthly mortgage payments beyond what they can pay from meager earnings. Unless you have cash to pay over 50 percent down, you're going to wait for prices to come way down. And home prices are falling nationwide after interest rate hikes.

[ken in texas]

Liz is worried? A lot more of us are worried because idiots like her are holding elected positions.

[Governor Dinwiddie]

Exactly. A house is only worth what someone is willing to pay for it today. A house that has been listed at $500,000 for 5 years is, by public consensus, not worth $500,000.

[madison10]

The problem is selling it at a lower price does not help to purchase another house that has an over inflated price tag

[Mariner]

The Fed, to meet its charter and fiduciary responsibilities MUST put out the inflation fire.

Alas, they do not have the will and will condemn the US to collapse.

[Rummyfan]

"I am very worried about this, because the causes of inflation, things like the fact that COVID is still shutting down parts of the economy around the world, that we still have supply chain kinks, that we still have a war going on in Ukraine that drives up the cost of energy and that we still have these giant corporations that are engaging in price gouging," she said.

Of course she had to throw that in at the end.

But really Fauxcahontas, you are a United States Senator. Rather than just worrying about it. what do you propose to do about any of the problems you listed? Other than raising corporate taxes, which will do nothing to help and will even hurt.

[Rummyfan]

Big Fake Squaw is an economic illiterate.

[CommerceComet]

Lining up a scapegoat. When it is finally admitted that we are in a recession, someone, anyone besides President Dementia has to be blamed.

[Rummyfan]

And yes, we are already in a recession you retard!

[Rummyfan]

To stop inflation you have to strangle the economy.

I wouldn't put it past them! I mean, that will certainly stop inflation.

[Rummyfan]

GD, we have one of the dumbest voting populaces in the world...........

Sadly, we do.

[Rummyfan]

She really is stupid isn’t she? There was never much doubt but that has all all been removed now.

Smart enough to finagle her way into a faculty position at Harvard (which says a lot about Harvard too) and The Senate. But about the economy and the real world, not so much.

I took great joy from her campaign shutting down in 2020 and the weeping and wailing and gnashing of teeth by her staff and supporters. They thought she was really something. How stupid does that make them?!