Comments by "Tasty Pymp" (@tastypymp1287) on "CNBC Television" channel.

  1. What the Investment Industrial Complex won't talk about is basic economics 101. Inflation is kryptonite to debt, or more importantly, creditors. Debt is one persons liability but another persons asset. High inflation erodes the real term value of the debt. Upon maturity, it essentially has less value than when it was issued, where the yield rate is lower than the rate of inflation. Creditors want compensation. That results in higher rates for future debt to cover the previous losses. Now, factor in that we've seen a huge issuance of debt at rock bottom rates and you can see the scale of the losses creditors are facing due to high inflation (e.g yield rates of 0.25% v circa 9% inflation....). Thus, the scale of the compensation required, demanded even. The Fed CAN'T pivot.
    3
  2. Why did you preclude that with 'without sounding racist'? You now sound more racist than if you didn't.
    2
  3. Until it doesn't.
    2
  4. Did you even listen to the video? Oil demand is at an all time high!
    1
  5.  @mandarinandthetenrings2201  Er, yes it is. Oil demand hit a record high this year alone. The real problem is anticipated demand looks set to decrease due to concerns of a global recession.
    1
  6. That disconnect is based on denial and delusion fueled by excess money in the system.
    1