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Biden + Fed = Minsky Moment
1 posted on 07/19/2023 11:34:05 AM PDT by Kaiser8408a
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To: Kaiser8408a

Shot through the heart! And you’re to blame, spendthrifts, you give the economy a bad name!

No! I will not give lapsed Catholic and practicing liberal Jon Bon Jovi a penny for those lines!


2 posted on 07/19/2023 11:41:55 AM PDT by MDLION ("Trust in the Lord with all your heart" -Proverbs 3:5)
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To: Kaiser8408a

And what to do. Gold and silver does nothing. Land can be taken willy nilly (happened to me). Cryptos, I don’t know enough about, but after FTX and others seem to be a scam. Seems to me those squatters living in tents and RVS have the right idea.


3 posted on 07/19/2023 11:43:04 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Kaiser8408a

“Same Amount In Last 4 Years Than It Did In First 221 Years “

Same than? Really? :-)


4 posted on 07/19/2023 11:44:15 AM PDT by enumerated (81 million votes my ass)
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To: Kaiser8408a

Not to oversimplify, but tough decisions will need to be made.

Social Security is a big part of the unfunded liabilities. We know that 3 major steps are needed to balance outlays and income of Social Security.

1. Raise the retirement age.
2. Raise taxes
3. Cut benefits

or some combination of these steps.

Every single step is unpopular. But isn’t this what we pay our elected officials to do, to weigh the options involved, and fix problems such as these????


5 posted on 07/19/2023 11:44:41 AM PDT by Dilbert San Diego
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To: Kaiser8408a

“There’s an infinite amount of cash at the Federal Reserve”

Neel Kashkari of the Minnesota Federal Reserve


9 posted on 07/19/2023 12:13:09 PM PDT by packagingguy
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To: Kaiser8408a

Biden will just wave his magic wand and it will all go away.


13 posted on 07/19/2023 12:28:13 PM PDT by pas
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To: Kaiser8408a

We Americans put up with this idiocy.


15 posted on 07/19/2023 12:36:08 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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