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re: The big elephant in the room no one is talking about is eviction moratoriums

Posted on 4/27/21 at 7:21 pm to
Posted by PhDoogan
Member since Sep 2018
14947 posts
Posted on 4/27/21 at 7:21 pm to
quote:

We'll just print another trillion dollars.




I'm not sure I know 100% the significance of what I am looking at here, but it scares the shite out of me.
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17275 posts
Posted on 4/27/21 at 7:33 pm to
Cash is backed by "the full faith and credit of the US Government".

Ya know, the Illegitimate Government headed up by the Fraudulent POTUS and Fake VP, along with the 2 Fake Houses of Congress called the Senate and House that promote a peaceful protest as a violent attempt to overthrow the tyrants within. Those credible frauds, clowns, and shysters.
Posted by TigerDog83
Member since Oct 2005
8275 posts
Posted on 4/27/21 at 7:34 pm to
Inflation is already ripping and will continue, regardless if the government acknowledges it or not. Unfortunately the printing our idiotic government has done will drive it. The problem this time is the fed has backed itself into a corner. When rates have to go up like the 1970’s to tamp out inflation the government will not be able to continue the borrowing and will be at risk of a default. Not sure what to own other than metals, commodities, and tangible assets. Equities probably get punished with 30% of the market likely zombie companies that the fed helped stay afloat the last year with all the handouts instead of allowing the market to clear them out. This mmt experiment won’t end well.
Posted by wt9
Savannah, Ga
Member since Nov 2011
1123 posts
Posted on 4/27/21 at 7:40 pm to
It's even more scary that they just decided to quit keeping up with it on March 23rd.
I guess when it's bad, just quit counting and it can't get worse.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
5307 posts
Posted on 4/27/21 at 8:09 pm to
M1 is the amount of circulated money.
We printing that shite.
We went off the gold standard with Nixon, Bush and Cheney enriched their people with Afghanistan/Iraq, and over the past couple years, we been going overload. I’m not getting any money. Wonder where it’s going...

By the way, seeing that graph enrages me in a bad way. Makes me not want to pay taxes.
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