the short anser is no, only exacerbate the 35 trillion debt problem, at best they can print another 15 trillion in the next 4 years, deosn't matter who wins. bills come due.
Recession and stock bubble going to pop....
- Thread starter S2007S
- Start date
the short anser is no, only exacerbate the 35 trillion debt problem, at best they can print another 15 trillion in the next 4 years, deosn't matter who wins. bills come due.
That don't sound correct. It would exacerbate inflation. The fed would just buy the debt back.
But I still expect alot of political theater the next time the debt ceiling needs to be raised.
in order to buy the debt back, the fed needs money, which only can be authorized by congress and printed by treasury.
35 Trillion is just a number. Just like 100 trillion or 200 trillion.
It will always just go up over time. The dollar will always lose purchasing power over time. No big deal.
https://www.investopedia.com/us-national-debt-by-year-7499291
It will always just go up over time. The dollar will always lose purchasing power over time. No big deal.
https://www.investopedia.com/us-national-debt-by-year-7499291
Stagflation is coming soon thanks to the last 4 idiots running this country especially Bush & Obama. Endless bailouts do not end well. Saving idiots in the private sector who don't understand how to run their companies is not a good plan.
Obama could have prosecuted the criminals from Wall Street, instead he decided to suck their dicks so he could live in luxury after his presidency. Why do Airline & Cruiseship companies deserve to be bailed out when they pissed away their money in stock buybacks? I guess no one believes in a rainy day fund.
Bush the Conservative couldn't give enough money to the idiots who destroyed the Mortgage market. What a joke. Well this country deserves the likes of Kamala Harris & Trump. 2 idiots who don't know anything about running an economy.
Enjoy the Decline.
Obama could have prosecuted the criminals from Wall Street, instead he decided to suck their dicks so he could live in luxury after his presidency. Why do Airline & Cruiseship companies deserve to be bailed out when they pissed away their money in stock buybacks? I guess no one believes in a rainy day fund.
Bush the Conservative couldn't give enough money to the idiots who destroyed the Mortgage market. What a joke. Well this country deserves the likes of Kamala Harris & Trump. 2 idiots who don't know anything about running an economy.
Enjoy the Decline.
Qe....qe will always be there no matter what to save markets. I will say it again. Without QE markets would.not.be where they are today. The s&p would still be under 1000.
I know you would nt believe it but it's true. QE is the main reason we have the dow at 40k plus and houses across the nation worth more than ever before while art and exotic cars are all selling at record prices. Even your gorcery.prices as high as they are all to be blamed because of QE..QE is the culprit and never will be the fix or solution, but no one will ever fully realize this.
Ended two years ago.
I know it's easy to blame Greedy Bankers. There was no doubt some bad risk management and outright fraud with credit ratings but It all originated with government creating an environment conducive for subprime mortgage lending. The 1995 Community Reinvestment Act being the most notable.
They aren't going to shoot themselves in the foot.
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