3/4 point rate hike

T. A. Gardner said:
What we're more likely to see is stagflation. That is, the economy stagnates and inflation continues at a slower rate. The result over time (say the next couple of years) will be a shrinking economy, rising unemployment, and a move by investors to bonds and money markets and away from stocks.

Speaking of investments, one of the drivers of that $5.00 a gallon + gas is a rise in ESC investing. This is in part driven by the Biden administration. Investing in the fossil fuel industry has seen a steep decline since Joke took office. This started under Obama and has plummeted since. Biden has encouraged more divesting in oil and gas through his idiot policies on energy.
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Perhaps the highest priority of China and their friends is to destroy and replace the dollar as a global currency. They are making great progress, if they are successful we lose the ability to make new dollars at will, we will instantly be a deeply impoverished nation, and there will be no way out because our economy is garbage now.
 
Fed may finally put America's zombie firms to rest
Unproductive companies may face bankruptcies as the Federal Reserve hikes interest rates. Will workers and the wider economy pay the price?

The corporate undead

How exactly a company earns 'zombie' status is ill-defined. Generally, the name refers to firms that roll over their debt with continued access to credit markets, without being able to pay off their debt interest. These firms stumble along, just covering operating expenses but soulless as far as profitability and productivity are concerned. Zombies are ubiquitous in the US economy: They comprise 16% of US firms according to one Morgan Stanley calculation. Bloomberg reports that approximately one-fifth of America's largest 3,000 public companies are zombies, with debts totaling $900 billion (€853 billion).
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https://www.dw.com/en/fed-may-finally-put-americas-zombie-firms-to-rest/a-62111545
 
was watching Powell's presser, kinda painful to watch him continue to lie.
not surprising but you could see he was very uncomfortable as he should be.
he fucked up, everybody knows it and he's never living it down.
 
Celticguy said:
was watching Powell's presser, kinda painful to watch him continue to lie.
not surprising but you could see he was very uncomfortable as he should be.
he fucked up, everybody knows it and he's never living it down.
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His lack of caring about the truth is not at all unusual now this deeply into this Dark Age.
 
Hawkeye10 said:
Looked at another way debt levels are so high that there is no way to keep the current global economic system running without default through inflation....this inflation is on purpose.
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They are doing a lot of fight inflation, which would be odd if it were on purpose. If debt levels were unsustainable, as you claim, we would be seeing very high interest rates to get the capital for the debt. Instead, we are seeing bizarrely low interest rates as capital desperately tries to find debt.
 
They just lie into face of the facts about how inflation works and what caused this inflation



All the experts agree it’s from the pandemic hold backs in spending and shut down manufacturing paired with a recovery of from the pandemic and lack of supply


Compounded by the Russian attack on free democracy in Ukraine


They just want to Lie about how we can recover to benifit their political party that is drowning in a sea of lies and crimes



They don’t seek solutions

They seek America’s failure to benefit their political cul
 
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