19 Comments

Hello Bill.

Greetings from a sunny and (again ) quiet Portugal.

Is what you are saying also valid in Europe or even more so.?

Thanks for your comment and hope one day to share a glass of wine with you.

Regards,

Pieter Boel

Expand full comment

Bill,Why don't Jay and the Federal Reserve boys and girls stay on vacation in Jackson Hole,they are clueless,and let the system correct itself.

Expand full comment

Until the cost of fuel is reduced by 25% there will be no inflation reduction. Once again everyone makes this much more complicated than it is at the core. Everything takes fuel, fuel is more expensive, so everything is more expensive

Expand full comment

Jay Powell is made out of putty, like a ghost jar head, fill it up with your liquid of choice. He will fold like a cheap pair of pants when the Chief Commander tells him to announce a reduction in interest rates, hold steadfast and true, start dropping them rates way below the Volcker target.

Nothing above 6% Jay, or else you will get “FIRED”, and the new Chair is........Michael Barr! Yeehaw! Yee Doggie! 👏👏👏👏 Wow, congrats on your new promotion Mr. Barr! 😂

Folks, this is the cost of living in America, we must sacrifice our livelihoods to provide for future generations, our children and children’s children. The smallest violin in the world is playing tune. RAT-A-TAT-TAT-POP-POP-BOOM! 😂🤣

Wake the fudge up Charlie, smell the roses! “The best part of waking up, is soldiers in your cup” Yeah! Oorah!!! Never stop dreaming Lapre! 😃

Expand full comment

Up the creek without a paddle.

Expand full comment

No money, no debt, not problem.

No money, no food, no gas, big problem.

Dem in wh and congress bfp!!!!!

Just sayin'

Don Harrell

Expand full comment

It seems to me that the demand, if any, for our government's bonds will have to come from foreign investors seeking more than negative yields. Add a strong US currency to the mix, and it might pull in some demand for the little buggers...

Expand full comment

"...we will see what stuff Jay Powell is really made of."

I'm betting that the Fed will pivot: drop interest rates to encourage borrowing - increasing phony liquidity and inflation, crushing the middle class and rewarding Wall Street and the elite oligarchs with an orderly stock market deflation. That way they can quietly sell their billions in stocks and bonds at inflated prices, and go into Maximum Safety Mode, loading up on gold, cash, commodities (RE, water, metals, farms, etc.) and probably fossil fuels.

Expand full comment
Comment deleted
Expand full comment
deletedSep 1, 2022·edited Sep 1, 2022
Comment deleted
Expand full comment