Volker is gonna raise rates

We NEED to "take some medicine" on deficit spending, personal "living on credit" and the money pump. If we don't, we'll effectively lose it all.
 
Quote from gnome:

We NEED to "take some medicine" on deficit spending, personal "living on credit" and the money pump. If we don't, we'll effectively lose it all.
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Printing money is not the solution! Yeah, lets inject more money in the system. Great freegin idea.:confused:
 
Quote from gnome:

We NEED to "take some medicine" on deficit spending, personal "living on credit" and the money pump. If we don't, we'll effectively lose it all.
More...

Yes, couldn't agree more. It would be good for our society, as well. Just how much crap do people need?

If you open your eyes and look around - it is madness. People are meaner, ruder. All this excess is not good.

A little humility has a way of bringing folks back to reality.
 
Quote from number22:

The inflation didn't stop raising; 4.1% yoy; yet fed is planning more cut.

Is Fed preparing for depression?
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No, FED is preparing for wealth redistribution. Inflation is the only and proven way to redistribute wealth when tax cuts and other fiscal and monetary policy tools are no longer working.

So, get ready for inflation, courtesy FED and remember that poor people do not care about S&P, Dow or resistance and support levels and Fib levels.

In a society heavy on personal debt, inflation is the only means of passing wealth from lenders to borrowers.

Alex
 
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