Comments by "Daniel Bradford" (@Falconlibrary) on "Bloomberg Television" channel.

  1. All of the retail stores and restaurants in my city are either not hiring, are laying off, or are closing down altogether. This BLS report is a fairytale and only children would believe it.
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  2. I and many others warned that the Fed was going to create a disaster when it kept interest rates so low for so long, which is the classic scenario to create a bubble. We also warned Biden NOT to reappoint Jerome Powell as Fed chairman. Powell is a lawyer, NOT an economist, and he is in way over his head. 40% of all money in circulation was put in circulation by the Fed in the last two years. I'm surprised we don't have hyperinflation at this point. Who is howling for rates to come back down before inflation is tamed? Powell's rich Wall Street buddies. Inflation reduces the repayment cost of their debts while increasing the value of their assets--"win win" for them. And Powell will do it, because he came from Wall Street and that's who he's looking after at the end of the day. We're depending on the arsonists to put out the fire. Powell does NOT know what he's doing. Isn't that clear to one and all by now? But rich guys can't fail. Heckuva job, Jay, heckuva job.
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  3. 6.5% inflation is "closer to done"? Alrighty then 😂😂😂
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  4. Let's recap: Phase One: The Fed creates the biggest "all assets bubble" in history by keeping interest rates at virtually zero for FIFTEEN YEARS. Phase Two: The Fed tepidly tries to correct its "mistake" in a way that won't upset incumbent politicians, especially President Biden, by sparking a recession. Phase Three: The Fed manages to keep inflation going while killing economic growth, aka "stagflation" that will last the rest of this decade. In other words, we now have the worst of all possible worlds. golf clap Well done, amigos.
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  5. Can't rebuild a country without destroying it first. Provoke Russia to invade and then throw trillions of dollars into the rathole known as The Most Corrupt Country in Europe. What could go wrong?
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  6. Anyone who buys a house in 2023 will have a high rate and be upside down in their house for the remainder of this decade.
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  7. UBS invented money laundering, actually
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  8. Summers knows the government will bail those rich people out. He vacations in the Hamptons with them, golfs with them, flies on private jets to conferences with them.
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  9. Everybody who matters.
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  10. Kamala is 59 years old and has never created a single job in her life. Ever been to New York City? Donald Trump created its modern skyline, and in the process, created tens of thousands of jobs. Vote for a career civil servant if you want, but don't expect anything good to come from it.
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  11. Cathie needs to stop using whatever filter she had on during this interview--I thought I had cataracts because her face was so blurry.
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  12. She won't, not between now and the election and not when she's president.
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  13. Here's what will happen next: Under pressure from Wall Street, the Fed will declare that 5% inflation is their new goal, they'll massage the stats to say it's down to 5%, then crank up the free money machine again. Inflation will then soar higher than ever, so high that not even the Fed can pretend it's even close to 5% and will have to raise rates much higher than they are now--but it'll be too late, and we'll be trapped in a decade of stagflation. That's what Michael Burry predicted and I can see it all start to happen now.
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  14.  @royprovins7037  No, but you do, and you're here to tell us how hard your life as a landlord is. Save it. Don't like being a landlord? Sell off your properties. Don't expect one ounce of sympathy from anyone except your fellow parasites.
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  15. Cheer up, it beats the erectile dysfunction scam bots
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  16. Investors. I've been outbid over a dozen times by investors.
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  17. I disagree with your ratio. 80% of Americans have been hurt by free trade while 20% have prospered.
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  18. Biden won't debate Trump. He can't. He is literally unable to stand on a stage for 90 minutes and debate Trump or anyone else.
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  19. Bankers actually got bonuses for screwing up in 2008 because they were doing "extra work" to manage the crisis THEY created and therefore needed "extra compensation". The nerve of these sociopaths is breathtaking.
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  20. Biden wishes he had anything like the power Xi does. Xi doesn't have a Supreme Court, Congress, or state governors counterbalancing him. Xi would've had DeSantos executed or sent to a gulag a long time ago. Be grateful you're an American, an Enlightenment country.
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  21. If struggling American taxpayers want help, they should've given millions of dollars to Hunter Biden for a do-nothing job for which he's totally unqualified. C'mon, man, these are the rules.
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  22. Grantham is lying. He said the market would crash "without exception" within a few months. And that was over a year ago. He was wrong. But rather than analyze why he was wrong, he doubles down. And y'all are listening to this man like he's wise?
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  23. This Ponzi schemer is one of the ruling party's biggest financial backers, that's why all the "journalists" are puzzled: "Gosh, I wonder what went wrong?"
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  24. I think Powell meant he was going to keep smoking whatever he's been smoking that convinces him things are going well.
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  25. The United States is an oil company with an army, that's why.
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  26. In 2003, I rented an apartment when I was earning half the wages I am now. I don't live there any more, but the rent has more than tripled. Rent up 300% Wages up 200% Wonder why people don't have an incentive to work hard? Look no further.
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  27. The older generation who voted for Brexit are prospering; it's the younger generations who are screwed.
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  28. "Retain the talent"? How do banks NOT make money? They borrow money from the Fed at 3% or 4% and loan it to us at 6% or 7%, deposits are guaranteed with taxpayer money (FDIC). It only takes "talent" to screw things up.
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  29. Capitalism is the snake that eats its own tail.
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  30.  @DisyaRealLife  Trump did build 200 miles of the wall, stop lying
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  31. Or both. It's called "stagflation" and no one has seen it for over 40 years.
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  32. Powell will do whatever Wall Street wants him to do.
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  33. Silly Con Valley Bank
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  34. This is what happens when a CEO is a diversity hire.
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  35. Housing prices will go up during a zombie apocalypse and 80% unemployment lol
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  36. It's already in the works "for the good of the economy" LOL
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  37. They want us to be happy abut 7.7% inflation, when the actual rate is in double digits. My grocery bill has gone up by at least 60% since this time last year. A dozen eggs are 42% more than they were this time last year, for example. Inflation is eating most of us alive and these fools want us to believe it's time for the Fed to start throwing free money into the air again.
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  38. Mortgage rates need to be 2% above the inflation rate to dampen the inflation rate. Rates now are 5.75%, inflation is 9.1% Do the math: 9.1+2 = 11.1% I've been saying for the past six months that interest rates would have to be double digits, and the longer the Fed delays, the worse the damage is going to be. Biden should never have reappointed Powell as Federal Reserve chair, but we're stuck with him now.
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  39. So Powell has a choice between bailing out the banks, the bond market, and real estate investors, or fighting inflation. He'll choose the asset owners, and inflation is going to go above double digits. Elizabeth Warren is right: Jerome Powell is absolutely the wrong man to be Fed Chairman. He's a tool of Wall Street and is one of the people who got us into this mess.
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  40. Agreed. The Russians have a history of this: under-commitment of forces followed by a bloody escalation that squanders time, manpower, and resources. They've fought this way for centuries, actually. The most recent example is Afghanistan, where the Soviet occupation didn't escalate until the situation was out of their control. An earlier escalation would've wiped out the Taliban. I know a bit about this, because I was one of the intelligence officers monitoring that conflict.
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  41. There are US "military advisors" in Ukraine right now, confirmed fact. That's how we got into Vietnam--started with "advisors".
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  42. But Blackstone is allegedly this invincible megamonster of a company...gosh, it's almost like it's run by mere mortals after all. Not to worry--over two dozen "former" Blackstone officials populate the staffs of the president and vice president of the USA. I'm sure a nice fat taxpayer-funded bailout is coming Blackstone's way. Hey, they can't spend EVERYTHING on Ukraine.
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  43. Wall Street has a long and pathetic history of being blindsided by stuff we proles could see coming from a mile away. It's almost like being protected from consequences makes you stupid and weak.
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