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Politics : Formerly About Advanced Micro Devices

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To: locogringo who wrote (1092676)10/13/2018 3:15:06 PM
From: SeachRE  Read Replies (1) of 1583930
 
Loco, Here's a bird's eye view of what's happening: 1) a trade war is inflationary; 2) a huge tax cut in a hot economy is also inflationary; 3) the stock market is too hot(inflationary); 4) the Federal Reserve's job is to keep inflation low. The Fed are the only ones with the balls to take the punch bowl by raising interest rates. Hot economies create bubbles...which tend to blow up and lead to a chain of very unpleasant events. Of the above, I think an illogical trade war, managed by people with poor business records, is the riskiest. JOMO
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