Something else happening today you might be interested in
- Thread starter Celticguy
- Start date
no i didnt
evince
Truthmatters
The Fed is broke. Lying about being broke isn't going to wash.
if you're actually interested you should watch Powell's presser today. Thats unusual.
true but far too many people do not realize this
Not a surprise, just as they increased interest rates and raised reserve requirements, classic monetarism, all aimed in pulling money out of circulation
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
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 ?
Bigdog
Harris - make America a 3rd world shithole
so so much worse that Jimmuh Carter... and yes, I know thats saying something.
I was a teenager for him and gas prices were putting a serious crimp in my life.
PostmodernProphet
fully immersed in faith..
I concur.....I read your response......
evince
Truthmatters
The right hates it when government works to help the people
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.
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.
When will you assholes finally understand how economics work? Oh yeah, never. 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.
Long story short: our present situation was arrived at through actions of the past. Try to remember: trump's trade war with China, his departure from just about every international body that plays a part in international, and thus national finance, and his almost daily insulting of world leaders. 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. Thereby allowing every corporation in America to just about do anything and everything they want to increase their profit. How much of that profit was used to make our economy better, do you think? Ha!!
Long story short: our present situation was arrived at through actions of the past. Try to remember: trump's trade war with China, his departure from just about every international body that plays a part in international, and thus national finance, and his almost daily insulting of world leaders. 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. Thereby allowing every corporation in America to just about do anything and everything they want to increase their profit. 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.
Well...it won't be long now. By then, of course, a lot of people will be caught flat footed when the crash comes.
Strangled Economy Part IV, coming soon to a wallet near you! It's bigger! It's bad! It's coming for your hometown soon!
