Comments by "bighand69" (@bighands69) on "" video.

  1. The current inflationary expansion has nothing to do with the monetary system. SO no amount of interest rates hikes will cause credit and capital expansion to affect the price in the marketplace. Until supply is able to get in line with demand nothing is going to change. The biggest danger with this inflation is that it could start a series of recessions and depressions that may be not that easy to get out of. And even if they could then get inventory and supply back in order there maybe no demand.
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  2. Nope. Automation is a myth spread by those that want to introduce government welfare handouts. Most of the jobs lost in the west in manufacturing were done so by outsourcing to other places. The amount of companies that have moved their production to markets that use traditional labour is astonishing.
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  3. The options the fed and legislators had are probably several years ago and not today. All it took was the pandemic to put a massive block in the pipeline. And by the time they get that block removed their maybe several ruptures along the pipeline. Nobody can really say what is exactly going to happen but we will get a clearer picture over the next 18 months of what direction things are going.
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  4. Religion can shape a country but it will never allow that country to completely define the world or the conditions that the world are in. Religion can allow an individual country to form a morality or set of cultural values.
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