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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "Stiglitz Says Steep Rate Hikes Aren't Always the Answer" video.
This isn't gonna end well. No matter how you wish it to.
3
You have a generation of entitled coddled workers. With dreams of being crypto and meme stock billionaires. And companies willing to take the money of these disillusioned generation.
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Lol you raise demand, then declare a supply side is the problem.
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Lol so how are you gonna fix low wages and low productivity? By creating more workers? Is that why Southern borders are open?
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Real funds rates at -5%. Even during the 70's we didn't see real negative rates like this. These shit heads will claim rate hikes won't help, until government has inflated away the debt burden. And just like 70's into 80's, after a decade of inflation, they will raise interest rates to double digits. Then slowly decrease them over a 40 year span. Ending at 0%.
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Inflate away the debt, then lower rates from high point to spur growth. Next 47 years.
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About every 50 years, central bankers like to change the definition of money. 10 years of high inflation and rising rates, then 40 years of declining rates. We're still at beginning stage of 10 years of high inflation.
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@BrandonClark-StocksPassports Democrats and Central bankers will have us pay for their incompetence
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