Econ 101: To Much MONEY chasing To Few GOODS. Solution: 1. Increase PRODUCTION. 2. Stop Federal Government DEFICIT SPENDING 3. BALANCE THE FEDERAL BUDGET.
Why inflation and not deflation? Because the world is built on a promise to pay the last guy back in order to grow the economy. Why 2-3% because it's the lowest it can be without being negative. Why low? Because small price increases peoples monkey brains can grasp. Big price increases it's hard to keep up
@@PseudoNym100lol except that waged haven’t kept up and inflation has been artificially created through government stimulus coaxed on by loose monetary policy. This is why the wealth gap has blown out, that’s inflation telling you real wages are losing to inflated asset values.
No mention of unprecedented levels of fiscal stimulus stoking inflation pressures. Time to end the Fed's unemployment mandate. Focus strictly on inflation being between -2% and +1% on an annual basis (or -6% to +3 % change on a 36 month running average).
We were just talking about this at our office. It’s all just a big experiment for them. Play with policy, wait and see how us good little worker bees react
rate cut for past 100 years signify impending stock market crash. Good luck boy.. hope u dun lose everything. sahm rule and inverted 10-2 yield curve, go read up on them lol. Last but not least, billionaires after billionaires who are dumping their shares and keep everything in cash lol.
Well, if people are championing rate cuts because stocks go moon, then they better be prepared to pay increased taxes when the overwhelming tranche of society falls further behind and the government starts taxing those with wealth to pay for social assistance. It’ll happen, not saying it’s the right answer but I guarantee it happens lol.
