Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
How do they keep the interest rates at near zero when massive inflation is coming.
Are they going to continue with zero interest rates with hyper-inflation?
Biden's first week and already 4 trillion in Green New Deal and COVID "stimulus" plus there are 18 million unemployed now compared to 2 million usual that is addiitonal inflationary pressure.
A vast majority of other countries are also printing like no tomorrow so that generates inflationary demand.
Joe Biden is already in the first week proposing 4 trillion of COVID stimulus and later this year a Green New Deal.
That is just the beginning, just the tip of iceberg on the money out of thin air.
They are stimulated a tremendous amount of demand and there is finite labor and finite resources.
Commodities are already extremely expensive and when 16 million people return to work (18 million unemployed now, usually 2 million) there is going to a tremendous amount of inflation from that.
I do not remember, when Trump's GOP opened up 8 trillion in debt, much was said by the conservatives here on CD.
A lot was said. That was both sides of the isle - not just the GOP. And Trumps plan was to create jobs and lure businesses back the the US - where Biden is doing the opposite. And he had to rebuild the military which you may find out soon -- is something we are glad to have done. I don't remember seeing Dems complaining about all of the useless pork put into the Covid relief bill -- running it up.
Everyone is going to loose their savings to inflation - everyone. Cheer that on and pay more is just plain idiotic, especially when Biden is tearing down the businesses that produce tax revenue. The Fed can't fix what is coming like everyone expects them to.
There are serious food shortages because of global cooling - not global warming. Everything is backasswards when Dems are in charge.
Y’all said the same thing about Obama. Yawn. Republicans don’t want Biden to succeed in passing a big stimulus because it will help the economy and helps democrats in the midterms.
How do they keep the interest rates at near zero when massive inflation is coming.
Are they going to continue with zero interest rates with hyper-inflation?
Biden's first week and already 4 trillion in Green New Deal and COVID "stimulus" plus there are 18 million unemployed now compared to 2 million usual that is addiitonal inflationary pressure.
A vast majority of other countries are also printing like no tomorrow so that generates inflationary demand.
Joe Biden is already in the first week proposing 4 trillion of COVID stimulus and later this year a Green New Deal.
That is just the beginning, just the tip of iceberg on the money out of thin air.
They are stimulated a tremendous amount of demand and there is finite labor and finite resources.
Commodities are already extremely expensive and when 16 million people return to work (18 million unemployed now, usually 2 million) there is going to a tremendous amount of inflation from that.
The real plan is to tank the economy. Best way for a nice chunk of power grab.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
