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


To: rdkflorida2 who wrote (13295)3/12/2022 2:38:51 PM
From: Kirk ©  Read Replies (2) | Respond to of 26858
 
Now YOU are making up stuff and LYING about what you said.

YOU CLEARLY said the recovery started under Biden. That is flat out wrong.

I blame Trump for some of the inflation too...

If we stopped QE when Trump was escorted out of office kicking and screaming and maybe raised rates to 1% a year ago to give us savers some return.... I think we'd be better off with less inflation.

Biden and his far left cronies wanted the fed to keep printing. Remember they even came up with a new name for this policy that debt doesn't matter and they could ring it up from infrastructure and all sorts of social programs.

Inflation started to soar once the people in charge of government started talking this new age nonsense. At least Trump was smart enough to say issue a 50 or 100 year bond to pay for it, not using money printing.

I think Powell did the bare minimum to keep his job rather than be replaced by a patsy that would sit still for money printing.