Comments by "John Dingle" (@johndingle6293) on "Larry Summers: The Fed Doesn't Know Where It Is" video.

  1. I bet Powell will be bullish next week. Minutes communicated hesitancy to "hike too much" with real rates at negative. Fed still believes in transitory. Fed is happy with nominal growth while real growth contracts. Inflation is the goal of fed without losing control of inflation expectations.
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  2. Fed is trying to maintain asset prices AND contain inflation expectations. But we haven't budged above real fed fund rates around -6%. So Fed speaks with a forked tongue. Trying to do both. So the market keeps going up, then down, then back up... while inflation just stagnates economy.
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  3.  @SlowhandGreg  so we can handle higher rates? Economy is fine right?
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  4.  @SlowhandGreg  how do you propose to "get away from fossil fuel"? You think you can escape the cost of energy by switching sources? Stupidest idea ever. Until nuclear fusion, the holy grail is invented, you either pay the cost in electricity, natural gas, or any other source of energy. Coffee, eggs, essentials like protein, carbs, and food nutrients rising. "Economy is fine". Stupidest shit ever. From stupid people who are too eager to escape their failures of leadership.
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  5.  @SlowhandGreg  so stupid, do you know what fertilizer is? Maybe we should be looking for bird poop. You people are dumber than you could possibly dare to even fathom.
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  6.  @SlowhandGreg  enjoy Repo Man 2 out on Netflix release date 2026. Sequel to 1984 Release of Repo Man.
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  7.  @SlowhandGreg  just gonna repeat a decade of 70's. Bought limited assets. Like pm and real estate.
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