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Started By
Message
re: Fed Reserve President Thomas Hoenig predicted exactly what’s happening today in 2010.
Posted on 12/29/21 at 12:12 pm to WildTchoupitoulas
Posted on 12/29/21 at 12:12 pm to WildTchoupitoulas
quote:No. Completely different situation.
So using Volcker's approach of initiating a recession by raising the Fed rate wouldn't work to shorten the money supply like it did in the early 80s?
quote:I'm going to make it personal. I'm simply telling you why (I suspect) it happens. There's a reason I don't often respond to "climate change" threads on here anymore.
It can come off as insecure. I would never admonish a laymen for not being as knowledgeable in my field as I am; I expect it.
1
Posted on 12/29/21 at 12:16 pm to WildTchoupitoulas
I thought you were definitively saying they have control over those variables. It’s very common to see in online communities. TD has gotten to a cringeworthy level on central banking, inflation and money creation. Topics virtually nobody fully understands including myself.
Posted on 12/29/21 at 12:17 pm to Taxing Authority
quote:
There's a reason I don't often respond to "climate change" threads on here anymore.
And here I thought you were some kind of tax attorney or accountant.
Posted on 12/29/21 at 12:34 pm to WildTchoupitoulas
quote:Hell no. I have a conscience and a personality.
And here I thought you were some kind of tax attorney or accountant.
Posted on 12/29/21 at 12:40 pm to Taxing Authority
quote:
Hell no. I have a conscience and a personality.
It's your handle that threw me.
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