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Inflation and Shortage Observations

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4 hours ago, TEW said:

Riiiight… but while you can print more money supply, you can’t print more energy supply.

Doesnt matter when you can socialize the cost/price

48 minutes ago, TEW said:

To wit:

 

Actual facism…

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Sounds like the Defense Production Act. We’ve had companies taken over by the military until they produced parts that the military needed.

 

I’ll give Powell some credit for his conviction. The man is going to purposely tank the global economy until it truly breaks. The biggest question is how the Fed reacts when it does break? Do they immediately retreat into cuts to ZIRP and eventually QE, or are they truly going to try to reset the monetary paradigm?

Just now, TEW said:

I’ll give Powell some credit for his conviction. The man is going to purposely tank the global economy until it truly breaks. The biggest question is how the Fed reacts when it does break? Do they immediately retreat into cuts to ZIRP and eventually QE, or are they truly going to try to reset the monetary paradigm?

LOL. You know the answer. 

SPOILER ALERT: It's the first one

Just now, vikas83 said:

LOL. You know the answer. 

SPOILER ALERT: It's the first one

Obviously that’s my thinking, but he sure is trying to signal the opposite to the markets.

This is fine :lol: 

image.thumb.jpeg.5b0d1f1ff1afa7ef69ad4628089c77d3.jpeg

 

 

 

Jamie Dimon really is the man. 

Was this an advert against student loan relief?

3 minutes ago, TEW said:

Was this an advert against student loan relief?

I took it as an advertisement about the importance of teaching basic economics to the next generation.

Energy sector getting crushed today. Barrel of crude at its lowest since before the war.

Anyone still thinking a recession isn't in play?

2 hours ago, DrPhilly said:

Anyone still thinking a recession isn't in play?

In play? 

almost a certainty at this point

3 hours ago, DrPhilly said:

Anyone still thinking a recession isn't in play?

What? Your living in it 

4 hours ago, DrPhilly said:

Anyone still thinking a recession isn't in play?

It already happened. The question is how deep?

On 9/22/2022 at 8:51 AM, DaEagles4Life said:

 

 

 

No kidding

SMH things you shouldn't need to have to try and convince people because the facts are well known.

5 minutes ago, TEW said:

It already happened. The question is how deep?

My bet is it will be severe but short lived. Powell will talk tough a little longer, rates will peak in Q1 at the latest and then he will start easing. 

54 minutes ago, vikas83 said:

My bet is it will be severe but short lived. Powell will talk tough a little longer, rates will peak in Q1 at the latest and then he will start easing. 

British pound dropped 3.5% this morning 

1 minute ago, DaEagles4Life said:

British pound dropped 3.5% this morning 

Yeah, because the world is being strangled of dollars. It’s a weird reversal of the last 20-30 years where we are now exporting deflation.

1 hour ago, vikas83 said:

My bet is it will be severe but short lived. Powell will talk tough a little longer, rates will peak in Q1 at the latest and then he will start easing. 

Sounds about right. I can’t imagine the world sustaining rate hikes for another full year or whatever.

 

 

55 minutes ago, DaEagles4Life said:

 

 

This is the world the left wants to live in.

7 hours ago, DaEagles4Life said:

What? Your living in it 

No sheet. Some in here thought otherwise. 

7 hours ago, TEW said:

It already happened. The question is how deep?

Yes 

9 hours ago, ToastJenkins said:

In play? 

almost a certainty at this point

We’ve been in one already

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