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You want proof, how about Japan?
You are very naive. You just stay relaxed and trust our government. Have they ever let us down before? Is Fed spending debt in traditional sense? Does debt even matter? If debt doesn't matter for the government, then why should it matter for us individuals?
The government can't defualt right? They can just print money when they need it? Does this make a Fed spending money counterfeit dollars?
A lot of questions, and not many answers.
Japan isn't proof as the two countries and their situations are vastly different. Do you know how much of our spending is used to cover interest on our debt?
She will raise because the U.S. econ has slowly and steadily improved
I didn't say raising rates will increase inflation I said inflation will erode the debt over time. It's pretty clear I didn't connect the two
The dollar has been appreciating, the situation about crude is unclear by even the best energy economist, and other countries are lowering rates or outright depreciating their currency, yet she is going to raise rates???
I see where you called out someone else for being wrong with their prediction. Are you going to call yourself out when you're wrong with your prediction?
The dollar has been appreciating, the situation about crude is unclear by even the best energy economist, and other countries are lowering rates or outright depreciating their currency, yet she is going to raise rates???
Yes she will raise rates, I don't think it will be this month but I will happen in the next quarter or two
Quote:
I see where you called out someone else for being wrong with their prediction. Are you going to call yourself out when you're wrong with your prediction?
The solution is not to try to predict things. Leave that to tea-leaf and tarot card readers. Yellen and the Board have not decided yet what they will do. There are three choices -- increase the rate target, decrease the rate target, or leave it alone. If you really must predict something, predict that they will do one of those three things.
She will raise because the U.S. econ has slowly and steadily improved
I didn't say raising rates will increase inflation I said inflation will erode the debt over time. It's pretty clear I didn't connect the two
Economy has improved?????? LOL in your dreams. Economic indicators are all showing weakening to outright decline save the easily manipulated unemployment numbers. China is slowing, imports are slowing, exports are slowing, transports are slowing, raw materials are slowing, and retail sales are slowing. Improved economy LOL.
Our economy is being held up with pins and needles making the rate of fall more dramatic when it finally occurs.
Never ending inflation and keeping interest rates low will just add more debt and will destroy us. You prefer cheating tactics and inflating our way out of this mess. You want easy way out without no pain. You want to cheat the creditors and pay them back with devaluating currency. No it won't work. Low interest rates only create more debt because no one has any initiative to pay off their debt. Everyone just adds more and more debt.
Only higher interest rates and deflation will cure us. That is our only medicine!!!!
Economy has improved?????? LOL in your dreams. Economic indicators are all showing weakening to outright decline save the easily manipulated unemployment numbers. China is slowing, imports are slowing, exports are slowing, transports are slowing, raw materials are slowing, and retail sales are slowing. Improved economy LOL.
Our economy is being held up with pins and needles making the rate of fall more dramatic when it finally occurs.
Never ending inflation and keeping interest rates low will just add more debt and will destroy us. You prefer cheating tactics and inflating our way out of this mess. You want easy way out without no pain. You want to cheat the creditors and pay them back with devaluating currency. No it won't work. Low interest rates only create more debt because no one has any initiative to pay off their debt. Everyone just adds more and more debt.
Only higher interest rates and deflation will cure us. That is our only medicine!!!!
What economic indicators are showing weakness and over what timeframe? You still have shown no proof to back your assertions of insurmountable debt
We will destroy and shrink our debt thru massive bankruptcies and defaults. Everyone who took too much debt will suffer. Either you pay it back with strong dollar or you default.
Housing prices will be cut in half, so yes if you finance your house purchase you will pay higher interest, but your purchase price will be lower.
Time to deflate the greatest debt bubble in the history of the world. We are at the end of the world. The world we know ended in 2001. We get the glory and wealth during Inflation cycle and then we get the poverty and the shame during Deflation cycle. We should take our medicine with a sense of justice and reserve. The Fed is trying to cheat so we don't have to take our medicine. We are trying to cheat God, cheat the Law of Nature. But it won't work.
We need to confront the moral issues of spending our grandchildren's money so we can buy more cars, houses, and IPhones.
We need a new consciousness, that does not worship objects, and understands that GREED is a sin (a sin in the sense of a moral debt, to be paid back later). We need to wake up and become sober again, if it is not too late.
We need to confront the moral issues of spending our grandchildren's money so we can buy more cars, houses, and IPhones.
We need a new consciousness, that does not worship objects, and understands that GREED is a sin (a sin in the sense of a moral debt, to be paid back later). We need to wake up and become sober again, if it is not too late.
Kev, in your posts you kind of come across as 'that guy' who says that due to overpopulation we need a good plague to weed out the excess people to start over again, and that such a plague is just the natural order of population growth.
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