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re: Biden supporters check in thread.
Posted on 8/16/21 at 10:59 am to STLhog
Posted on 8/16/21 at 10:59 am to STLhog
quote:
All that economic growth you're talking about literally vanishes.
Which is why I said the FED has been addicted to low rates for such a long time. The bullet needs to be bit.
They will need to raise rates eventually. It can be done over a period of time and while some growth will be sacrificed, I don't think all the economic growth will vanish.
Posted on 8/16/21 at 11:01 am to DangerousWafer
Good luck getting that out of Powell.
Volcker ain't walking through that door or getting appointed by this administration.
Volcker ain't walking through that door or getting appointed by this administration.
Posted on 8/16/21 at 11:41 am to DangerousWafer
Your are going to see a market collapse that rivals ant previous dark periods of time. The markets are propped up due to massive printing of money to distribute. The chickens must come home to roost and when they do. ..boy
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