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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (13114)2/17/2022 2:15:07 PM
From: Kirk ©  Read Replies (1) | Respond to of 26812
 
The iH&S would target 3% but congress will have a fit if the Fed raises ST rates too high and they will do all they can to prevent yield inversion, perhaps using some racial equity BS arm waving to allow the government to essentially print more money that the Fed buys back again while keeping ST rates going higher.

Basically, the way out is to inflate away our savings in stocks, cash, CDs, etc. then tax the crap out of our appreciated homes so they can keep feeding the tax monster that rewards backers of whatever corrupt party is in charge.

Peter Schiff had a few words about this recently...




To: Sun Tzu who wrote (13114)2/17/2022 2:18:58 PM
From: Kirk ©  Read Replies (1) | Respond to of 26812
 
The inflation tax:

#Inflation is the worst tax because it's the invisible tax. Most Americans don't even know they're paying it. The Fed robs them of their savings so the government can spend it. As a result, we all end up poorer.


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