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ilr
How Money Works
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Comments by "ilr" (@iller3) on "How the Fed Could Fix Inflation Tomorrow (If It Wanted To) - How Money Works" video.
it's a literally a Back-Door tax on the Poor.
11
You're using bullshit Metrics to start off with because the CPI and Congressional Budget office already COOKS the numbers all the hell specifically so that the real inflation that all of us "Poors" feel is never accounted for in the Stated Rate
11
@graham1034 Those are the same exact results. I'm just not in the habit of Tone-policing myself to avoid burning any bridges between me and the top1% who've already announced plans to literally SALT the EARTH
9
He did eventually end up in my Recommends.... though that may actually be more of a Red Flag than anything else given that I'm more of a heterodoxical 40yr old doomer
4
Some smart people have speculated it's tied to our National Debt running over 30 trillion (SOON™) ... but the more technical answer to that is actually baked into something called the "Compounding Interest ON our Debt" which obviously the Fed itself has kind of sort of an equivalent metric to as well since it deals so heavily in Treasuries & swaps.
3
You'd have to look at Japan's overleveraging rate they have to deal with (200%???) to get a better idea of just how far that Rubber band can be stretched. Either way, their Birth rates are already a notorious problem so regardless of what the bean-counters all say is "fine", there's actual Societal side effects that get baked into the national Psyche of people who know that their "Stimulus" has failed and they do not actually posses the Drill that shall Pierce the Heavens
3
*"Angry bear" is actually an Herbivore directly representing the world's greatest Mercantile dynasties for the last 3000 years*
3
only because if you actually used to tools to help normal people instead of Private Equity, you'd be deleted Quantitavitely Tightened faster than Epstein and seth rich combined
2