Comments by "John Dingle" (@johndingle6293) on "Summers on First Republic Bank" video.

  1. Germany had 0% gdp and 7% inflation. With 2% rates. Dax at all time high. Make it make sense.
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  2. Seems to me Fed is relying on failure of a few banks to keep rates low while maintaining "tightening" narrative. And to pump up indices . Government wants to promote growth while keeping narrative of hawkishness on inflation. So high stock valuations and recession warnings. Sort of like stepping on gas and brakes at the same time. "Look past the bear market" with "slowing inflation". Meanwhile, gdp will be negative next two if not 4 quarters.
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  3. We will have a prolonged recession. That rate cuts won't be enough to stimulate. Maybe we will pump the markets up like crazy. But real economy looks stagnant for years. Just gonna widen wealth gap. And progressives are gonna go crazy. Pitch forks.
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  4. You all should read Mary dalys "this time is different" paper she wrote last year. Goes to show you the thought process that led to these events. They really thought they could control inflation via narratives. Maybe you can, but only to a certain extent. Ecb and U.K. have greater inflation. They certainly couldn't contain inflation.
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