Posted on 09/09/2016 3:55:45 AM PDT by expat_panama
yes. It’s enough to hear daily about the “ recovery.”. Or sometimes “ recession.” We are in and have been in a depression. As soon as Trump wins, if Hillary doesn’t steal electoral votes, the press will stop cheerleading and they will say it’s all Trump’s fault. It will be doom and gloom for 4-8 years.
Exactly. The Depression will officially begin in late January 2017 and it will be 100% Trump’s fault. People will long for the glorious days of Obama when we had a robust economy. [/spit]
Fascinating stuff!
well now...That’s a deep read. Not really sure if I get it.
When the real inflation rate rises to a rate of repose of 7%, what will the interest rate be then?
That should be the question
We have learned that monetary policy alone does not stimulate growth. Only fiscal policy, e.g. lower taxes along with tight money work. Think Reagan, Laffer and Volcker in the early 80’s.
The economy is a Potemkin village constructed by the Fed
The walls are cracking and crumbling and none of them really knows what to do
Hillary says presidents and candidates should not even talk about this
If trump wins then this is all,his fault
If hillary wins the band plays louder and faster as they wait to see what history brings us ....
If we are indeed in some kind of a depression, which I believe we are, it is important to remember this:
Obama initiated the largest tax hike in history (Obamacare) coming out of the 2008 economic crisis.
Do you get the feeling these people are voting fir Bill Clinton, not hillary, and have some illusion the happy days of the 1990’s will return?
The lying by big government and big business about the economy goes back to the days of Clinton and up through Bush until it became semi-official in 2008 with TARP and it has continued under Obama.
What happened in 2008 was a crash that has been covered up by the inflation of the currency making Wall Street’s numbers look good.
Bad things have happened in the last eight years including the double digit inflation rate for food (15 percent), not included in official stats from government which excludes food and gas prices.
There was a panel on a BBC World News show the other weekend (’Dateline London’) with one woman (a Portuguese journalist) saying the world has been going through its worst economic downturn since the Great Depression.
When George H.W. ‘read my lips, no new taxes’ Bush (41) broke his word and cut a tax increase deal with the Democrats around 1990, it was the beginning of many bad policies that hurt the economy from both Uniparties.
These people seem to be so stupid that they fail to realize productivity can be influenced by things like gummint and overbearing regulations from pinheads.
As long as you have Marxist controlling the USA federal government, people and businesses will NOT spend their hard earned money on anything but food, guns and vital necessities.
The problem is Obama and the rat party. It is as simple as that.
Why purchase materials or spend on home improvements when the government can take it all away with EPA policies and regulations?
There is also the lingering threat that a government collapse is imminent considering Obama has put us 20 trillion in debt.
Better to save all your money and invest in gold, silver and lead bullets.
To think one has to study economics for decades to get this stupid.
Libtards are mind bogglingly stupid. I posted years ago “think of money as a wild animal”. You would think that libtards who love game preserves would grasp this. Let money run free and it prospers. Start putting up fences and money just moves on somewhere else. Our Founders understood this, hence the phrase, “Blessings of Liberty”.
Fed monetary policy puts a pretty suit on a rotting corpse and then tries and convince people that everything is fine. Really. Never been healthier.
Sir, I agree with every word you said except your last sentence. For brevitys sake, I will make ONLY one of many points on this subject.
As Poland and Greece “citizens” have already discovered, our friendly Marxist government can just TAKE your money from your checking account. I forget exactly how much but Polands was like half of every dime in the bank you have over a certain number.
When the banks start stealing your money with fancy legalese or not allow you to withdraw it you’ll know we have indisputable proof. It’s my contention that Soros, Sorors, the UN, the NWO, and a whole host of Middle Eastern countries are all focused on bringing about the rise of the Mahdi / AntiChrist and are doing everything to create the environment to make this happen. I believe events have been orchestrated intentionally by these evil men and that if it required meetings of world leaders donning special robes and masks and kneeling down and making blood sacrifices, even human ones in the presence of others, while chanting rituals they would do it. Yes it does sound like crazy talk but think back to the world before January 20, 2009 and how much has happened since then. Doesn’t sound near as crazy does it?
Top'o'the wrappin' up the week morning! We've been working w/ stocks sagging a fraction of a % in mixed volume and today futures see slightly sagging stocks in mixed action. Again. If it's profit taking then there're profits being taken w/ precious metals too --g/s now at $1,336.52/$19.56 and metals futures are now at -0..83%
The only report is Wholesale Inventories after the bell.
All the news that's fit for the bird cage:
Secret History of Trump's Decision to Challenge Fed - Seth Lipsky, NYS
Politics Is the Bull Market's Biggest Hurdle - Howard Gold, MarketWatch
Election Models Have No 'Temperament' Equation - Caroline Baum, MW
How to Bring Back Manufacturing Jobs - Daniel Gross, Strategy+Business
No, Taxpayers Are Not Subsidizing Banker Bonuses - Don Watkins, ARI
Fact Checking the 'Fact Checkers' on Apple & the EU - Peter Schwartz, HP
Are You Having Trouble Hiring? Try Paying More - Barry Ritholtz, BBW
Meet me at We Didn't Humanize Markets, Markets Humanized Us.
My take is that neither monetary nor fiscal policy can 'stimulate' growth, but either done poorly can hold it back. We've had pretty good (mho again) monetary policy w/ stable prices, but like you said we got just too much tax'n'spending going on.
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