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Tasty Pymp
PensionCraft
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Comments by "Tasty Pymp" (@tastypymp1287) on "How High Will Interest Rates Go?" video.
Go back, listen caaaaareeefully and all will be revealed....
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Why? People won't watch it (even if they should). You can lead a horse to water....
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@immers2410 Yeah, but them homeowners are going to really resent giving up two of those three holidays a year and cancelling the new Porsche.
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Why?
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First, the pandemic didn't cause inflation. Government policy and the subsequent reaction to it by central banks did. And yes, it will take a long time to sort this. What most investors either can't or won't believe is that the pivot has already happened!! Hence the hawkish stance of the central banks. They can't believe the good ol bull run and cheap money is over. But it is.
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Should definitely solve inflation then.
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@immers2410 Not at all. Why would I be jealous of those that don't live within their means and are now going to get royally squeezed? A fool and their money are soon split. I'm very well placed to receive.
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It's not the asset being traded. It's the risk attached. Once you get this, you realise nothing is cheap. It's priced exactly what it is worth.
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@TheCompoundingInvestor Nope, wrong. You're merely repeating the tired ol clichéd hackneyed rhetoric and talking points. You're being too general. Buffet doesn't randomly buy undervalued stocks (no such thing as oversold, that's trade talk BS). The firm puts ALOT of work into the analysis (something your average mom n pop homebody cannot hope to do) behind their decision making. We're talking millions and millions spent in the research. And even then they sometimes get it wrong or get unexpected negative outcomes. It's undervalued for a reason....
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They might? But what decade?
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@ttrjw That hasn't answered the question.
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So how will that contradiction be handled? Growth doesn't aid tackling inflation which is the top priority right now so it's likely the central banks will have to counter loose government fiscal policy with even tighter monetary policy. Because the government doesn't control money supply or the cost of money.
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So?
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'Compulsory viewing' Soft authoritarianism.
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