With thousands of years of experience, thousands of PhD economists, society hasn't learned that you can't make a dollar out of 99 cents. Socialism does not work economically. Value / wealth / prosperity comes from producing or providing goods and services that others want, not from manipulating the supply of money. Unbelievable how we are self-destructing, creating ways to waste money, destroying our economy, ruining our middle class and lower class.
Economics is not rocket science. How stupid can people be?
Bill writes about "people" being "up to their necks in debt." Consider that governments are also over "our" heads in debt.
Raising interest rates will be very difficult for governments to manage, and may trigger more than a hard landing, more likely a "bunker-buster" bomb effect.
Do you see any evidence of government or corporate planning for real interest rates of 2-3% above inflation?
Mainstream economic policies that trail-blaze traditional neoclassical social science finance theories after the industrial revolution coincide with inflationary patterns of destruction or PODS.
John Maynard Keynes introduced “The General Theory of Employment, Interest and Money” in the mid 1930’s, stagflation juxtaposition to federal spending and capital distribution is theorized in a manner that exposes the outcome of modern day federal policy as it spearheads into a disastrous financial abyss. You cannot raise the quantity of interest rates due to the interaction between survival needs and the amount of savings in peoples bank accounts based on averages.
In other words we are all Fuuuuuuudged!
J/K, 😂 you don’t need to know any of that to make money today, right now, the time is now, don’t miss the gravy train! ALL ABOARD! Choo Choo, it’s leaving the station! 😂
PG V,Good luck with your illusion that interest rates will come down quickly in the fall.Bill may drone on,but apparently you missed his warning,interest rates have to be higher than inflation,in order for inflation to reverse itself.Carter proved that by putting Paul Volker in as Fed chariman before he left office.(reference the book "President Carter").Oh,and Jamie Damon is one of the biggest crooks in the banking industry,research his manipulation of the gold and silver markets over 10 years plus.
With thousands of years of experience, thousands of PhD economists, society hasn't learned that you can't make a dollar out of 99 cents. Socialism does not work economically. Value / wealth / prosperity comes from producing or providing goods and services that others want, not from manipulating the supply of money. Unbelievable how we are self-destructing, creating ways to waste money, destroying our economy, ruining our middle class and lower class.
Economics is not rocket science. How stupid can people be?
…and yet, the bear market rally continues. 40k Dow by the end of the year? 5000 S&P?
Bill writes about "people" being "up to their necks in debt." Consider that governments are also over "our" heads in debt.
Raising interest rates will be very difficult for governments to manage, and may trigger more than a hard landing, more likely a "bunker-buster" bomb effect.
Do you see any evidence of government or corporate planning for real interest rates of 2-3% above inflation?
Mainstream economic policies that trail-blaze traditional neoclassical social science finance theories after the industrial revolution coincide with inflationary patterns of destruction or PODS.
John Maynard Keynes introduced “The General Theory of Employment, Interest and Money” in the mid 1930’s, stagflation juxtaposition to federal spending and capital distribution is theorized in a manner that exposes the outcome of modern day federal policy as it spearheads into a disastrous financial abyss. You cannot raise the quantity of interest rates due to the interaction between survival needs and the amount of savings in peoples bank accounts based on averages.
In other words we are all Fuuuuuuudged!
J/K, 😂 you don’t need to know any of that to make money today, right now, the time is now, don’t miss the gravy train! ALL ABOARD! Choo Choo, it’s leaving the station! 😂
PG V,Good luck with your illusion that interest rates will come down quickly in the fall.Bill may drone on,but apparently you missed his warning,interest rates have to be higher than inflation,in order for inflation to reverse itself.Carter proved that by putting Paul Volker in as Fed chariman before he left office.(reference the book "President Carter").Oh,and Jamie Damon is one of the biggest crooks in the banking industry,research his manipulation of the gold and silver markets over 10 years plus.
PGV, What I expected from you,but you replied,thanks.
Just a thought are you Josh Brown's agent?