Comments by "Ray Bod" (@raybod1775) on "Yahoo Finance" channel.

  1. Banking can't lose because the Federal Reserve bails them out with cheap money and are no usury laws to keep them from ripping off consumers. It's outrageous that in bad times banks could borrow money from the Fed at a low rate, then turn around and keep that same money at a higher rate at the Fed, an underhanded subsidy for the banks. Banks are also protected from their 'investing' loses because the money in accounts is protected by the FDIC.
    31
  2. What we can't afford is tax write offs for the wealthy and the Pentagon budget
    20
  3. Maybe they're just spending cheap money created by the Federal Reserve in the repo market.
    14
  4. China's greed may push all their neighborhoods in Asia into the U.S. sphere of influence if Biden plays this territorial dispute right.
    11
  5. Does anyone know of an example of transitory inflation?
    11
  6. Risk and failures in China is what defines capitalism. The Federal Reserve has removed the risk and failures making the U.S. the communist country.
    10
  7. Inflation is greater than actual figures. Quality of products has dropped while prices rise. We can't buy the same quality. Chinese product prices are going up and Americans must pay them because our industrial base was sold cheaply to China. Price increases are noticed by the poor and middle class who watch their spending.
    8
  8. The Federal Reserve balance sheet has increased by $1.5 trillion in the last couple weeks, that's why stocks are going up.
    8
  9. Yes, we voted against National Democratic Socialism!
    8
  10. Tania Tania That's how the politicians want people to be.
    8
  11. Circuit breakers slowed the crash, but it is not stopping this crash. It's simply dragging out the pain of an economy in free fall.
    7
  12. Does anyone really think Trump is the guy who will restart the economy after all the layoffs and businesses that close?
    7
  13. How about cancelling all student loan payments for this year.
    7
  14. Reparations are needed for the families of soldiers in the North who fought and died against the South in the Civil War. They gave their lives to end slavery.
    6
  15. Try working hard. It’s amazing what it does for you long term. Most of us started at minimum wage jobs and worked while going to school. A third of all billionaires did not grow up wealthy, they actually earned it.
    6
  16. Shrinking portions at stores for the same price, major appliances and building supplies are up 20% in the last year. Home, auto, food and gasoline prices are higher... no problem!
    6
  17. How to lose money. Commercial real estate is in the dumpster and heading down.
    6
  18. Buyback of any publicly traded corporate shares needs to be illegal, again. It also needs to be illegal for banks to own trading firms, bring back Glass-Steagall Act.
    6
  19. The Fed is supporting the richest 1%, their friends, families and politicians. $20,000 per person was created by the Federal Reserve. $19,000 to the wealthy, $1200 or less for everyone else.
    6
  20. Coursera isn't what it used to be. People like me already switched to other free ways of learning.
    6
  21. Get skills in jobs that pay good money whether its a trade or degree. Create a plan to save money most paychecks. Learn to invest.
    5
  22. El still acts like this is a capitalist economy, it's not. It a socialism for corporations economy with the Federal Reserve increasing debt on the every person by $20,000, returning $1000, and the other $19,000 going to the wealthy via corporate bond market and investment arms of banks.
    5
  23. Poor babies, paying taxes like the average schmuck and not being able to write off everything and pay no taxes.
    5
  24. Spending mostly supports well connected government contractors and the super wealthy while the Feds support the banks. The rest of us are screwed.
    5
  25. Before or after the cruise industry goes bankrupt?
    5
  26. Fed is still creating billions of dollars a month. Inflation will not stop until interest rates go higher than inflation. We are in a cycle of inflation that will not stop.
    5
  27. Johnny Mac Many loans are failing from non-payments and bankruptcies.
    4
  28. It started with a liquidity crisis which was why the Federal Reserve injected capital in the repo market, then the Coronavirus hit China causing a supply chain problem, then Coronavirus hit the U.S. economy, then the oil sector got hit. Next the layoffs...
    4
  29. Real inflation is double what is reported.
    4
  30. And inflation can go higher, much higher.
    4
  31. Why didn't the call in and question the hedge funds about all the uncovered short positions?
    4
  32. Americans are choosing to use their money to get high, dude. Like wow, no wonder we need China to build us stuff.
    4
  33. I don't normally side with special programs, but there has been so much discrimination against Black farmers forever in this country. There needs to be massive aid to Black farmers to right this wrong. There also needs to be a lot of managers in Department of Agriculture that need to be fired.
    4
  34. Market could go up 30% before dropping 10%.
    4
  35. $15 dollars an hour is nothing next to the trillions of dollars the Federal Reserve just created this past year.
    4
  36. That boost in stocks didn't last.
    4
  37. Allow student loans to be discharged under bankruptcy after 10 years, if they can demonstrate they are unable to repay.
    3
  38. There's no drop in Silicon Valley housing prices.
    3
  39. So in reality, just like everyone else, Black people can work hard, take risks, lift themselves up, become rich and don't need special programs.
    3
  40. Congress could change the law and allow the Treasury to create dollars to cover deficit spending instead of selling bonds.
    3
  41. Fed can stop the stock crash by buying more corporate bonds so corporations can buy more of their own stocks. Fed balance sheet is only at 9 trillion dollars. Is double digit inflation all that bad as long as stocks keep going up? Shouldn’t stock market be like a slot machine that always pays off? GDP is 24 trillion dollars so Fed can create lots more dollars before hyperinflation.
    3
  42. The Federal Reserve would buy oil, but they have no where to pit it.
    3
  43. Treat increases in stock value the same as ordinary income.
    3
  44. More Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation…
    3
  45. Republicans are also socialists for the wealthy and well connected government contractors.
    3
  46. Complete insanity by Fed.
    3
  47. Wait til the economic figures come out the next couple months, then you'll see the real crash.
    3
  48. Government needs to change bailout bill to send $5000 to each adult citizen in the U.S. It's the same cost as selected bailouts to irresponsible corporations.
    3
  49. Republicans always run up deficits, what's wrong with Democrats running up the deficits?
    3
  50. Planet of air heads.
    3