17 Comments
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Mike C's avatar

Is it truly solely the stupidity of the policy makers? as mentioned these methods were tried numerous times and always resulted in inflation. Do you truly think those that make these decisions do not know what has happened before..? It is getting more and more clear that these policy decisions are more sinister and in some respects by design as we move closer to the "Great Reset".. What is the end game for all central banks around the world to be weakening their currency and there is a fight to the bottom.. Currently we have had more and more things occur that look to be conspiracy theories that turned out to be accurate.. I think we are doing a disservice by blaming all of these decisions on stupidity and incompetence and we need to be honest about the devious intent we are seeing on display.

Mike

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Frank Westmoreland's avatar

Bill points out that workers' wages are not keeping up with inflation. There are also many who are not part of the workforce. I'm sure many of them aren't keeping up either.

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Donald Withrow's avatar

It just goes to show you how PHD’s run our govmint. I’m beginning to think that PHD stands for “piled higher& deeper!

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Fiddle Witch's avatar

Well, its just how it typically is when a communist government takes over and ruins productivity. . . you do realize dear Bill, we have had a coup d'etat? . . . now comes legislation for a new Ministry of Truth (be careful dear Bill!) and legislation to disable wrong think (HR 350)

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Cat's avatar

You are such a troll, stirring up everyone. Why can't we just discuss the economy without slamming democrats or republicans and calling people names. I'm so sick of it that I will stop reading comments. You know very well that we do not have a communist government. And the only coup d'etat was the one attempted on Jan. 6, 2021.

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Fiddle Witch's avatar

Well obviously stirred up you comrade. Truth hurts sometimes. Peace to you. . . oh, and the Jan. 6 'insurrection' BS has long since been disproven and the only ones who remain on the story are the ever-dying mainstream media and Soros supported propaganda outfits. But stick with the blue pill if you need to.

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AFriend's avatar

If there is one thing republicans hate it is a crackdown on disinformation...

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Dave J's avatar

And who decides what is "disinformation"?

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Jim Leonard's avatar

Bill, you’re missing some basic concepts:

Government is an employment program for left wing democrats;

Government’s first priority is to expand;

ALL politicians are corrupt parrisites.

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AFriend's avatar

The biggest theft of taxpayers dollars funneled to the 1% in history.

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Dave J's avatar

Yep, compliments of the politicians in Washington. Which have been predominantly Democrats. You should be so proud. I happen to be a 1 percenter and I recognize how screwed up the far-left (Democrats) have become. Take a look at the charts and see what percentage of the overall income tax people like me pay. Are you embarrassed yet? You should be. I'm guessing you pay nothing, because you and your ilk don't care and aren't smart enough to recognize how "unfair" it is. See ya pissant.

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AFriend's avatar

Real patriots don't mind paying taxes to support this great country.

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Dave J's avatar

When did I say I minded? I just want derelicts like you to "pay your fair share".

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Arnold 1's avatar

Who determines what "my fair share" is? A progressive tax system? An IRS auditor? An incompetent body of legislators doling out favors to their favorite lobbyist? If, as a "one percent" you are unable to shield your wealth from an avaricious government, send it to me. I damned sure could manage it.

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Tom Finn's avatar

QT (quantitative easing)???? I’m sure you meant quantitative tightening. Proofread before hitting send please.

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Tom Finn's avatar

Very interesting M2 chart. Especially the 1995 inflection point

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Jimm Roberts's avatar

Bill, What's your prescription to make right this Fed-caused problem? They only have one arrow in their quiver, and it's only able to target demand.

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