Inflation

[Tripps]

The assholes want to pay back all the money they borrowed with cheaper money,any other explanation is bullshit.

CNBC: Powell set to deliver 'profoundly consequential' speech, changing how the Fed views inflation.
https://www.cnbc.com/2020/08/24/powe...inflation.html

[Dr.D]

We’re going to get inflation ramping up, buy gold.

It is said we use the vote to control the government but I just don’t believe that anymore. Deficit spending is seen as just fine by the Fed but no one else in the country can survive like they do.

[atlsrt44]

$20 for bread anyone?

[1K9]

Used to buy beer for 9$ a case. Now pay 10 for a six pack.

[Speedy]

And the Fed is supposedly apolitical. Anybody wonder how an economy based on more than Wall Street profit might look? Most Americans work for and on Main Street.

[Tripps]

Seeking Alpha: The United States Is Going Into Hyperinflation.
https://seekingalpha.com/article/437...e.com&utm_medi um=referral

[1K9]

My father used to think that the safest place to save money was on the back of the greenback. I used to argue with him.... Daaad, the government does not produce anything. It only has the power of taxation and money printing. Dollars are shares in the USA corporation. Every time they issue new $$/shares the value of your existing $$/shares goes down. Inflation is just a misnomer that blames merchants for charging more for their goods when the origin of the problem is in the value of the dollar. Once gas goes back to 5$ a gallon people will start to understand. Plague the oil industry with regulations and you will see. Import all solar panels and windmill blades from china and impose a carbon tax and it will happen faster. Soon a 100 thousand dollar salary will be common and the dollar look like a Mexican peso.

[Tripps]

Wow, someone speaking about actual adult issues.

CNBC: Alan Greenspan lists inflation and the budget deficit as his biggest concerns.
https://www.cnbc.com/2020/09/10/alan...-concerns.html

[1K9]

People don't understand the difference between the deficit and the US debt. They don't understand why Uncle Sam has to raise the debt limit very quarter. They think that inflation is the result of American corporate greed. For you smokers... cigie packs used to be sold in machines for four quarters that were 90% raw silver. Now a silver dollar is worth 25$ because of it's silver content. The dollar it represents is almost worthless fiat paper. Soon to come 30K a year minimum wage! Yeahhh that's what 15$ an hr labor will cost in bernie land. 2500$a month minimum!! That's more than SS sends me every month. That's what a million dollar at 3% will bring. You will have to stash and invest 1 million dollars to make minimum wage! People, if you are raising babies, I'm sorry for you. Just print another 4 trillion and send it to California. That is social justice. I have seen poverty and I have lived in poverty. Rising costal waters due to global warming and stronger storms is pussy stuff.

[Dr.D]

Increased government spending is coming boys. If you need something buy it now.

[BREEZE]

I"m just glad we dont have all the government we pay for

[Dr.D]

That is ver sad and true.

[1K9]

Can't wait for beto horror to come for the people's guns, and us getting back into the paris hot weather agreement, and the tearing down of the wall and the stream of new populace widens to flood levels. Between FB and the cell phone companies they know the location of practically every American and most of what they buy and like to look at or talk to. It's going to be interesting to see how tech cashes in on their election contributions. Maybe Zuckerberg has presidential ambitions. He has a great Cesar air to him and a smart MF he is.

[1K9]

Ain't great to live in a house of cards? Hang oooon brothers. Here comes a gust.....

[Mexican]

Going to my cabin, anybody want to come with me is welcome, i have 3 cabins in the woods with no phone service, no internet and no tv, you can forget about all this cruel world has to offer on the civilized side for a day or 2, then when you come back you may see things in a more relaxed way

[BREEZE]

I would love to join you but, I probably would not "come" back

[Dr.D]

I may go up to my place on the mountain today for an afternoon deer hunt.

[barbagris]

Can you provide ordnance?

[Mexican]

you got plenty of room to roam around

[1K9]

The US Treasury, which is broke, just sent me $600. It will be donated to the Student Aid fund of my High School in PR. I hope this hard earned money serves some well. I wonder who qualified to receive the payment? This looks to me like testing the Reset. Guaranteed basic income. Basic income would be more like 600$ a week.

[Dr.D]

I doubt I’ll be getting any. If it is stimulus money than I could spend it for the economies sake. What I think is absurd is the fact that those on SS get a raise. They have had no income loss so no extra is needed. If extra money is needed for them why not rich folks like myself. I’m being discriminated against because I’m a hard working successful man.

[1K9]

I'll spend it on Amazon so Bezos gets richer. The thing is that all this does is cause inflation by devaluation of the dollar. Hear that only those who have filed a tax return get the 600$ gift.

[Mighty Mouse]

The Democrats will sell their souls to anyone to get votes. Their moto has always been promising the poor or less fortunate the moon and never delivering. Now they know it's time to deliver (thanks to the Squad calling them out) so they will give away the farm. They don't care about the working stiff, they never have. They just need that vote legal or not.

[Dr.D]

Weill if this happens the blacks could be less popular than ever. It is a form of discrimination.

This race of people will never accept the fact that they bring on a lot of their problems. A failure as a group to understand themselves.