To: koan who wrote (1507323 ) 12/10/2024 5:31:16 AM From: maceng2 1 RecommendationRecommended By longz
Respond to of 1570313 Inflation is due to monetary policy. i.e how much the Fed is persuaded to print. There was plenty of "monetary policy inflation" under the Biden's time at the wheel, get real. The Lockdown was a frigging disaster and an excuse to turn on the money printer in an extreme way. Covid cost more then WW2 (in todays dollars, just get a mental handle on that !!!) , and it was just a flu that had been turned, deliberately, into a bioweapon. From November 2021<<As of March 2021, COVID costs totaled $5.2 trillion. World War II cost $4.7 trillion (in today’s dollars). All-in money printing totaled $13 trillion: $5.2 for COVID + $4.5 for quantitative easing + $3 for infrastructure. Mountains of money cause inflation Inflation causes increases in interest rates, lowering bond prices Increases in interest rates cause reductions in stock values All-in spending was approaching $13 trillion as of mid-2021. That’s more than the US spent in it’s 13 most expensive wars combined. We use wars because they’re the most expensive things we can think of. Money printing for Quantitative Easing (QE) appears to have worked, so the plan is to load on a bunch more paper money. Is there no limit? We start with a look at recent COVID costs and then expand to the bigger picture.>> Ron Surz Money Printing and Inflation: COVID, Cryptocurrencies and More | Nasdaq Trumps wishes to use tariffs as a negotiating tool. Everyone knows there is one rule for them and another rule for us when it comes to trade. Trump just want to level the playing field a bit. Trump is also a function of the people who funded him, as is Biden. He has handlers and has to work with what he has. Really, how dumb are you? Thank goodness the Democrats lost the Election!