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re: All signs pointing to a deep and severe recession induced by fiscal and monetary policies
Posted on 9/15/22 at 6:48 am to Klark Kent
Posted on 9/15/22 at 6:48 am to Klark Kent
You're just too dumb to even argue with. I've never supported sending money overseas. Not once. Ukraine, Israel, anywhere.
Posted on 9/15/22 at 6:49 am to EarlyCuyler3
sure buddy, i believe you.
Posted on 9/15/22 at 6:50 am to Klark Kent
I don't care what you believe. Just pointing out what dumb shite you try to claim.
Posted on 9/15/22 at 6:52 am to EarlyCuyler3
and i would totally believe you if you didn’t care soo much about responding.
Posted on 9/15/22 at 6:54 am to member12
QE engineered boom
Many factors into inflation, QE included
Fed engineered recession to mitigate inflation
2 points:
The Fed's tools to mitigate seem to lack precision.
The nature of the economic pendulum (interest rates/economic balancing) the Fed 'manages' seems like archaic. Maybe I am archaic.
Many factors into inflation, QE included
Fed engineered recession to mitigate inflation
2 points:
The Fed's tools to mitigate seem to lack precision.
The nature of the economic pendulum (interest rates/economic balancing) the Fed 'manages' seems like archaic. Maybe I am archaic.
Posted on 9/15/22 at 6:56 am to member12
The “soft landing” was always as much of a hope and prayer as “transitory inflation”. People like Powell and Yellen say these marketing slogans full well knowing they are not true.
Monetary and fiscal policy in this nation is handled with such baffling levels of irresponsibility, it’s actually pretty depressing.
Monetary and fiscal policy in this nation is handled with such baffling levels of irresponsibility, it’s actually pretty depressing.
Posted on 9/15/22 at 6:58 am to Ross
quote:
Monetary and fiscal policy in this nation is handled with such baffling levels of irresponsibility, it’s actually pretty depressing
It's not baffling at all when you accept it's there to benefit the wealthy and not you. Then it all makes perfect sense. The wealthy did fabulous during COVID. And they'll do fabulous now too.
This post was edited on 9/15/22 at 6:59 am
Posted on 9/15/22 at 7:02 am to BottomlandBrew
quote:
Honest question: What would the other guy have done differently?
Courtesy of the other poster… all things Trump was doing and/or advocating:
quote:
To fix this
1. Increase supply of cheap energy I.e natural gas, coal and nuclear power.
2. Drill more oil, bring refineries online to lower gas prices
3. Cut welfare so more people go to work fixing the production issues at manufacturing plants due to labor shortages.
4. Deregulate industries to reduce unnecessary red tape
5. Address the supply chain issues with shipping, trucking, and ports.
Posted on 9/15/22 at 7:03 am to Meauxjeaux
quote:
Cut welfare so more people go to work fixing the production issues at manufacturing plants due to labor shortages.
We talking about the same trump that cut stay at home checks, right?
Posted on 9/15/22 at 7:44 am to bad93ex
quote:
All of this is necessary for the "Great Reset."
It’s hilarious people, even recently, thought this was a “conspiracy theory” when the WEF was making FREAKING commercials and writing books about it
Out in the FREAKING OPEN
but yet the tards seal clapped on to “MUH conspiracy theory!”
Not anymore I guess
Posted on 9/15/22 at 7:45 am to member12
One big problem according to Edsel Charles is that there is a housing shortage. Interest rate hikes effects the housing market the most. With the need for housing at all time highs, interest rate hikes will have to be more severe to slow down housing construction. (Housing is the largest production type industry in the nation.)
Posted on 9/15/22 at 7:48 am to XenScott
quote:
One big problem according to Edsel Charles is that there is a housing shortage.
No there isn’t
There are more people WANTING homes than can afford them because the market prices are out of control. The houses are there, people just can’t get them as easily creating a “shortage”
All forcing more and more to rent which leads to another type of shortage…by design
This post was edited on 9/15/22 at 7:49 am
Posted on 9/15/22 at 7:51 am to member12
Ukraine funding and weaponry is a loan. The theoretical interest generated by the loan will show net gains on the books somewhere.
Granted, it’ll never be repaid.
Granted, it’ll never be repaid.
Posted on 9/15/22 at 7:53 am to member12
I have a bad feeling that while they are pussy footing around and bending truths we skip the recession and go straight into Great Depression 2.0
Posted on 9/15/22 at 7:54 am to member12
Just imagine, if they hadn't cheated, if they'd just get his second term over with, they could've nailed Trump with this crisis.
Buyer's remorse for the Democrats settling in more and more as time moves on.
Buyer's remorse for the Democrats settling in more and more as time moves on.
This post was edited on 9/15/22 at 7:55 am
Posted on 9/15/22 at 7:55 am to MyRockstarComplex
quote:
Ukraine funding and weaponry is a loan.
That comes back as “political donations” to government officials in the USA via foreign corporations
It’s all a money laundering scam and Trump knew about it from the very beginning. Go watch his earliest speeches, they reference cleaning up the corruption in Ukraine…it’s no accident the Russian hoax happened and centered on that very area.
The officials on the take (almost all of them) had to discredit him.
Posted on 9/15/22 at 7:57 am to Stealth Matrix
quote:
Just imagine, if they hadn't cheated, if they'd just get his second term over with, they could've nailed Trump with this crisis.
Buyer's remorse for the Democrats settling in more and more as time moves on.
I see the opposite
Their actions prove they don’t have to worry about elections anymore
I wonder why
Posted on 9/15/22 at 8:03 am to member12
"I did this".
Sincerely,
Mush brain
Sincerely,
Mush brain
Posted on 9/15/22 at 8:14 am to EarlyCuyler3
quote:
No one likes to talk about Trump and QE for some reason. Not sure why exactly.
This post is not an endorsement of Biden in any way shape or form, he's a moronic lifelong whore. The same people that don't want to discuss Trump handing out cash left and right will not see it that way though.
The INSANE overreaction to the "pandemic", not just in the US, but worldwide, would have inevitably caused some degree of recession...even if Trump were still the POTUS. But it is also reasonable to think the effects would have been far less than what we are seeing now. For one, I don't think Trump would have continued doubling-tripling down on more money "prop up the country" and keep the pandemic going. "Build Back Better" would not have been passed, and I'm very confident the US would not be sending billions, upon billions, to fund whatever BS is going on in Ukraine. In fact, I'm confident in saying there would not have even been a "war". There would have been a greater urgency to get the US economy moving again rather than a lot of Democrats wanting to perpetually cower in fear. There would not have been an immediate backlash against domestic "fossil fuels", and there would have been much more push to keep foreign countries, particularly China, from completely disrupting the supply chain.
So while I agree that Trump was no "fiscal conservative"...an already unnecessarily bad situation was made a hell of a lot worse by the current administration in charge
Posted on 9/15/22 at 8:27 am to EarlyCuyler3
quote:
Both parties have created this disaster.
This is simply false.
Under Trump we had gas less than $2 a gallon, we hadn’t bought a barrell of Middle East oil in 18 months, Keystone pipeline was producing and flowing, our 401ks were flourishing, food was cheaper and interest were lower.
When Biden rigged it and won, he shut off Keystone, and gas prices immediately increased. Putin doesn’t fear him and took on Ukraine, and we’re sending them billions. Food is more expensive to buy, 401k’s are tanking. Interest rates for everything are soaring.
You just have no clue what you’re talking about, and sound like someone who listens to Don Lemon verbatim.
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