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Financial Narrative
Posted on 3/19/21 at 11:17 am
Posted on 3/19/21 at 11:17 am
Seems all the talking heads on the financial shows use explanations in referring higher interest rates as
‘Very strong growth’
‘Inflation for all the right reasons’ implications being a booming economy
What they never seem to delve into is the ramp up of printing excessive money OR the fact that we just had ‘very strong growth’ for three years under GOAT Trump, before the fake pandemic. Which I believe is misleading because finances and movement there in should be based in realville. Seems politics once again trumps the truth. Am I just overly paranoid?
Btw, I expect a sell off next week due to continued shat policy and printing money.
‘Very strong growth’
‘Inflation for all the right reasons’ implications being a booming economy
What they never seem to delve into is the ramp up of printing excessive money OR the fact that we just had ‘very strong growth’ for three years under GOAT Trump, before the fake pandemic. Which I believe is misleading because finances and movement there in should be based in realville. Seems politics once again trumps the truth. Am I just overly paranoid?
Btw, I expect a sell off next week due to continued shat policy and printing money.
4
Posted on 3/19/21 at 11:31 am to Padme
Trump got the country running with out spending and the such.
Biden blows up spending and they are stunned there is inflation.
Biden blows up spending and they are stunned there is inflation.
Posted on 3/19/21 at 11:36 am to thetempleowl
Exactly, Trump focused on Jobs, DementiaJ focus is printing money and redistribution
Posted on 3/19/21 at 11:41 am to Padme
Financial shows won’t ever notice it. To them stocks going up up up up up up up is bank in their books.
It’s when you live in an apartment, and can barely make money on rent, and you want to buy a house to escape that downward spiral, but you can’t because there’s no houses in your price range.
It’s when you live in an apartment, and can barely make money on rent, and you want to buy a house to escape that downward spiral, but you can’t because there’s no houses in your price range.
Posted on 3/19/21 at 11:46 am to thetempleowl
Trump oversaw the third biggest deficit increase in history and pushed through a stimulus that spent a billion dollars on the Smithsonian and millions going to Pakistan for gender studies. Not sure where you're getting your info from. Not saying Biden is helping with the deficit, but Trump spent as much or more than any president #factsnotfeelings
Posted on 3/19/21 at 12:34 pm to MeanWeen225
Dumbass.
Posted on 3/19/21 at 12:36 pm to thetempleowl
Man Trump spent atom of money too. Just saying.
Posted on 3/19/21 at 12:36 pm to MeanWeen225
quote:
spent a billion dollars on the Smithsonian and millions going to Pakistan for gender studies.
Pet projects of the right
quote:
Trump spent as much or more than any president #factsnotfeelings
I can't put my finger on why this happened though. Was there anything that happened during his term that was unprecedented? Huh
Posted on 3/19/21 at 12:41 pm to jimbeam
quote:
Man Trump spent atom of money too. Just saying.
Not saying I agree with all the deficit spending but Trump was probably justified in allocating money for the first Covid19 stimulus in an attempt to keep the economy from imploding. We’ve since added an estimated 4-5 trillion in additional stimulus, my common sense says we’re going to pay dearly for all this funny money monetary policy.
Posted on 3/19/21 at 1:00 pm to Padme
quote:
What they never seem to delve into is the ramp up of printing excessive money OR the fact that we just had ‘very strong growth’ for three years under GOAT Trump, before the fake pandemic. Which I believe is misleading because finances and movement there in should be based in realville. Seems politics once again trumps the truth. Am I just overly paranoid?
What we are seeing is a classic Wizard of Oz show by the Biden Admin. He got elected by strong support of the global financial elite. They opposed Trump due to his strong anti China policies and his cheap oil strategy. Both of these things made the US economy super productive but took money out of the pockets of many of the worlds richest individuals.
So Biden starts his term off immediately banning the Keystone pipeline and fracing and claimin he was doing so for the Climate Changers. In reality he has driven the price of oil up almost 100% since he took office. Who is benefitting from this? Big Oil around the world. They make money on oil not gasoline. Gasoline price floats relative to the cost per barrel of oil. Biden will give lip service to the Climate folks while enriching themselves.
So add printing half the money for the govt needs this year to doubling or more the price of energy we are heading into uncharted financial waters
Posted on 3/19/21 at 1:03 pm to jchamil
He was already waaaaay up before Covid, nice try though. Remember, his big promises were less government spending, but he only raised the deficit pre covid. Also, why are right wing pet projects OK for you? Do you have the same attitude towards left wing pet projects?
Posted on 3/19/21 at 1:17 pm to MeanWeen225
quote:
He was already waaaaay up before Covid, nice try though. Remember, his big promises were less government spending, but he only raised the deficit pre covid.
You mean it went up just like under every other President? It went up less than it did under Obama and both Bushes. Only raising the deficit pre covid is utter bullshite
quote:
Also, why are right wing pet projects OK for you? Do you have the same attitude towards left wing pet projects?
Yeah, Pakistani gender studies sure is something dreamed up by the right. Learn sarcasm
Posted on 3/19/21 at 1:24 pm to MeanWeen225
quote:
Trump oversaw the third biggest deficit increase in history and pushed through a stimulus that spent a billion dollars on the Smithsonian and millions going to Pakistan for gender studies.
As if Trump put those things in the bill. That was Democrat pork and they knew that Trump would have to cave or be bludgeoned with it in the election.
Posted on 3/19/21 at 1:35 pm to Padme
quote:
Am I just overly paranoid?
Btw, I expect a sell off next week due to continued shat policy and printing money.
The financial shows rarely, if ever, discuss the buyers and sellers in the bond market and why they’re doing what they’re doing.
The last time an honest discussion happened was Rick Santelli’s rant against Obama. Not the “President Obama, are you listening?” one, but the “STOP SPENDING! STOP SPENDING! STOP SPENDING!”
Posted on 3/19/21 at 1:46 pm to jchamil
Oh I'm sorry I missed the part where Trump promised he would raise the deficit less than other presidents, good point. Your previous post was another but sarcastic, so by admitting that you were being sarcastic you've essentially conceded the argument to me. MeanWeen 1 Jchamil 0. Good news is your side is used to losing, but try not to overthrow the government this time.
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