This is not just telling kids not to eat candies but putting candies in the top cabinet far above their reach and telling them they can only have those candies if they finish their homework on time and get at least 80% on all of their tests.
Fed nightmare
- Thread starter athlonmank8
- Start date
This is not just telling kids not to eat candies but putting candies in the top cabinet far above their reach and telling them they can only have those candies if they finish their homework on time and get at least 80% on all of their tests.
they should send more. Clearly employment is still too hot.
My point was that it ain't gonna happen. People are addicted to shopping (at least here in the US). You think they can kick the habit cold turkey? Nah. They would rather collect more debt than stop shopping. And most of those they buy are not even essential items. They can live without all that crap, and yet they continue to buy them. It's crazy how the malls around me are so damn packed on the weekend. In fact, every weekend. Imagine how much more they would be buying online?
The idea is not to force people not to shop, just to shop less. Still it's Biden's fault. He should make people work more. When people are working more, they won't have time to shop. LOL This is why and how Germany got Hitler. Germany before Hitler: Hyperinflation. Germany after Hitler: No more inflation. Dictatorship works sometimes, unfortunately exactly because people are not able or willing to change so you need somebody to force them to change, unfortunately.
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Good points\ but that also means buy SPY/sometimes qqq benchmarks is a good long + medium plan. Dont let some SEPT + FEB sell offs fake you out LOL
Or state cut off taxes for food \ OCT-JAN, no wonder we bought much more food them.
FED may do fine long term/ j Powell likes the song ''star of wonder /star of light, guide us by thy perfect light''
Every other day I keep hearing how credit card debt is at a trillion plus and rising....consumers no matter what condition they are in will always shop and shop more than they need to......consumer spending will never slow....
I will say I can bet that in the years ahead consumer credit card debt will touch $2 Trillion before $500 billion!!!
So it will double from here credit card debt instead of being cut in half since consumers don't care to put a few oennies away for another day. ..
I will say I can bet that in the years ahead consumer credit card debt will touch $2 Trillion before $500 billion!!!
So it will double from here credit card debt instead of being cut in half since consumers don't care to put a few oennies away for another day. ..
He heard a speech from Joe and latched on to a term and now he's running with it. There are no explanations, no economic basis or even made up numbers... he just keeps using the same "evil" term over and over and hoping it catches on with other people that can't think for themselves.
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LOL Amen on not buying another auto;
price is too transitory LOL, bid\ask way to high, to do that much.
As far as not buying more RE ,play that one by ads + price ................................. .
Not sure the FED is dumb enough to pay much attention to new auto prices\ with that huge bid\ask spread\prices to tranistory on downside
Without negative employment these people will just keep buying. The US is a mass consumerist market with seemingly no end. Only the great depressions in the past and post GFC (2009-2012 ) did the public save money instead of spending it all.