Funny how no one, with the exception of the Occupy Wall Street crowd, complained when the inflation was contained within the financial system and manifested itself through higher asset values. Nobody should be surprised that QE for the masses would end up in tears. Hey, the party had to end eventually so there's no better time than the present. Best embrace it because this Genie ain't going back in the bottle :-)
Why are the markets in the gutter? Bloody red? Very simple, Wall Street got a hold of Resident Biden’s confirmation draft to forgive a whopping 10k in student loans! Yup, 10k for each student that meets the standard, will be officially forgiven next bloody Tuesday, 8/30/22.
Can you say FREE?😂
Wall Street got a hold of the document, and now the markets are factoring in that information. Can you imagine what this will do to the deficit and economy! The libs will praise and raise their hands in the air, calling it fair, a monumental share, that angers the market bear, and will tear, the economy in to shreds, you wanna take that bet? 😂
It’s gonna make the Titanic look like a ferry tilting in strong winds! 😂 It’s over, literally. 😂
Bill - Very interesting analysis of how we can have inflation and deflation at the same time. However, even though I am not as old as you, this does sound familiar. Are you not describing the Stagflation of the 1970's????
Funny how no one, with the exception of the Occupy Wall Street crowd, complained when the inflation was contained within the financial system and manifested itself through higher asset values. Nobody should be surprised that QE for the masses would end up in tears. Hey, the party had to end eventually so there's no better time than the present. Best embrace it because this Genie ain't going back in the bottle :-)
Why are the markets in the gutter? Bloody red? Very simple, Wall Street got a hold of Resident Biden’s confirmation draft to forgive a whopping 10k in student loans! Yup, 10k for each student that meets the standard, will be officially forgiven next bloody Tuesday, 8/30/22.
Can you say FREE?😂
Wall Street got a hold of the document, and now the markets are factoring in that information. Can you imagine what this will do to the deficit and economy! The libs will praise and raise their hands in the air, calling it fair, a monumental share, that angers the market bear, and will tear, the economy in to shreds, you wanna take that bet? 😂
It’s gonna make the Titanic look like a ferry tilting in strong winds! 😂 It’s over, literally. 😂
Fascinating as always Bill.
Bill - Very interesting analysis of how we can have inflation and deflation at the same time. However, even though I am not as old as you, this does sound familiar. Are you not describing the Stagflation of the 1970's????
Never heard of John Dienner, and couldn't find anyone who seems to be this one on my search engine. Why should we care what he says?