I remember those 21% mortgage rates and quadrupling of gas prices, in the 70's. Deja vu?
I was a fulltime ,journeyman road musician then. Gas prices were BRUTAL.
I remember those 21% mortgage rates and quadrupling of gas prices, in the 70's. Deja vu?
Not a surprise, just as they increased interest rates and raised reserve requirements, classic monetarism, all aimed in pulling money out of circulation
The Fed literally can print money. They are not broke. They could break the rest of us, but not themselves. If you cannot understand that, you are lost.
So do I although I was fairly young. I was 12 when Jimmy was elected. Biden is the new Jimmy and the results will lead to the same. Desantis=Reagan ?
The only difference is that Racial Jungles Joe is pure EVIL, and Carter was not.
The right hates it when government works to help the people
Strangling the economy, high inflation, and mucking the home markets, the fascism over the energy markets and automotive markets, is NOT helping people, dude.
CELTIC GUY YOU ARE AN IDIOT. THIS IS ONE OF THE REASONS I HAVE YOU ON IGNORE. BONDS ARE NOT EQUITY BONDS ARE DEBT.
THE WORD YOU'RE LOOKING FOR IS "PRINCIPAL", YOU BARELY FUCNTIONAL NAZY MORON.
STOCKS ARE EQUITY BECAUESE STOCKS ACTUALLY ARE A BALANCE SHEET ITEM. A STOCK,THEREFORE IS AN EXAMPLE OF AN, "ASSEST" YOU TOOTHLESS, SMELLY, IGNORANT, PANTS FULL OF POO, BARF-COVERED, BAD TO HIS MOM, ASSHOLE.
Both debt and stocks are on balance sheets, dude.
There is no such thing as an 'assest'.
A bond is stock in a government. It is not much different than stock in a private corporation.
In both cases, they are used to raise money for the organization.
In both cases, they are considered a liability by that organization in building it's balance sheets.
The only primary difference between the two is that a bond has an interest associated with it, while a stock does not.
A stock purchased by an individual means that individual has equity in that corporation.
A bond purchased by an individual means that individual has equity in that government program. The principle IS the equity of a bond for a bond holder.
A stock is a liability to a corporation. Like a debt, but without associated interest payments and no payment requirements.
A bond is a liability to the government issuing it. It is a debt. It has associated interest payments and has payment requirements.
It is obvious you don't know accounting, how the government funds itself, or how a corporation funds itself.
You are describing yourself.When will you assholes finally understand how economics work? Oh yeah, never.
Nope. It reveals itself with EVERY SINGLE TRANSACTION.Simple explanation: things like prices, supply and demand, inflation and deflation; these all are instigated on a million small actions, but only reveal themselves on a national level as a result of long period if interaction with other factors.
Yes. Democrat tyranny, fascism, and communism has brought us to this moment, along with what capitalism still occurs.Long story short: our present situation was arrived at through actions of the past.
Trump is a proper noun. it is capitalized. What trade war with China?Try to remember: trump's trade war with China,
What international body plays part in international and national finance???!?his departure from just about every international body that plays a part in international, and thus national finance,
Only the ones that needed it. BTW, YOU are insulting a world leader. HIs name is Trump.and his almost daily insulting of world leaders.
Define 'protect our environment'.Just one more, and listen carefully: he single handedly destroyed, altered, or rescinded every measure intended to protect our environment from the last fifty years.
Right out of Marx. Profit is not evil, dude.Thereby allowing every corporation in America to just about do anything and everything they want to increase their profit.
Every bit of it. Making profit IS the economy, stupid.How much of that profit was used to make our economy better, do you think? Ha!!
The Fed literally can print money. They are not broke. They could break the rest of us, but not themselves. If you cannot understand that, you are lost.
I was a fulltime ,journeyman road musician then. Gas prices were BRUTAL.
printing money is what started the inflationary spiral.
continuing it gets you Zimbabwe.
better to just accept that you just cant do that.
Carter is no longer the worst modern day pResident.Inflation rate calculated with the formula in place for Carter the inflation is...
• I N F L A T I O N - FLASH (June 14): The original Finished Goods - Producer Price Index series, which goes back to 1948, hit a 47-plus year high annual inflation of 16.7% in May 2022, the strongest showing since December 1974, up from a revised 15.6% in April, while the current Final-Demand Goods PPI-FD series (created in 2009) hit another all-time (13-year) high of 16.6% in May, up from a revised 16.4% in April.
So yeah, deja vu all over again
Walt is advocating Hyperinflation.They are broke. Printing money does not keep someone from being broke.
So far Walt has shown no inclination to handle this kind of abstraction.
Carter is no longer the worst modern day pResident.
a common trait among the left.
Much of it comes from illiteracy.
The rest comes from fundamentalism.