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Strategies & Market Trends : US Inflation and What To Do About It
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To: RetiredNow who wrote (746)3/19/2017 2:58:37 AM
From: John Vosilla  Read Replies (1) of 1504
 
All they do is enrich the top 1% and the banks. There is no other purpose for their existence.

Yes. I joke that Millenials should be activists protesting the fed if they must protest something as what Ben and company did single handidly screwed an entire generation. Instead all their energy is directed at DJT. Oh the stupidity of our youth.. Thinking this ponzi scheme won't end till yield curve flattens and oil prices much higher. Housing mortgage debt just ramping up this cycle will get this new generation all in and highly leveraged before it ends IMHO. Of course could be wrong as the China factor/debt looms huge as this fueled their GDP growth averaging near a staggering15% annual under Bush/Obama while we stuck near 3% in nominal terms after being 7%+ MOL the prior decades post Depression/WW2.
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