Comments by "Ray Bod" (@raybod1775) on "Bloomberg Television" channel.

  1. He's right, we're bailing out the irresponsible corporations who had no reserves and bought their own stock. Capitalism where the government saves the poorly run corporations is not capitalism.
    92
  2. Something doesn’t seem right about this crash scenario.
    87
  3. I thought Bernie was an extremist, but the Federal Reserve money printing and Republican spending make Bernie look conservative.
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  4. American oil industry will take a big hit.
    58
  5. Keep government out. Let capitalism work like it's supposed to.
    51
  6. Market could still go up 50% before it crashes.
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  7. Groups of angry average Britains.
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  8. Everyone needs to become their own zombie corporation and sell bonds to the Federal Reserve to live off of.
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  9. Free advice from a major bank usually means do the opposite. Will stocks go up 30% before dropping 10%?
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  10. Hedge funds need to go broke for shorting stocks.
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  11. Fantastic wife to wait for Julian. She’s the kind of woman every man hopes for.
    33
  12. Put this guy in charge of the bailout plan. He makes sense, unlike Trump, Mnuchin and the Federal Reserve.
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  13. Possibly not natural, like a genetically modified mistake.
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  14. The Fed could buy everything, of course the dollar will become worthless and the economy will be filled with zombie profitless corporations since the profit motive has been removed. It will then be impossible for new companies to rebuild the economy since they will have no Federal Reserve milk money to get started. Sounds like the collapsed former Soviet Union.
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  15. Marijuana needs to be treated like cigarettes in all countries.
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  16. Everyone could have saved a lot of effort and money if the Navy simply announced they detected an undersea explosion.
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  17. El-Erian has been wrong an awful lot the last few years.
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  18. Solid double digit inflation… great job Fed!
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  19. Ray Lanza Republicans always drive up the deficit and NEVER cut spending. The last President to offer a balanced budget was Clinton, a Democrat.
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  20. Most people don’t believes these low inflation figures because most basic goods have gone up 20% since the beginning of the pandemic.
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  21. New China is like pre-Western China. China doesn't need anything from anyone except energy, certain minerals and certain technologies. This allows China to control its economy and smooth over things better than any other country.
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  22. This is a Federal Reserve money printing rally.
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  23. Tesla can't lose with the Chinese government backing them and being years ahead in self-driving technology
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  24. What happened to businesses and Republicans supporting free markets? This sounds like a Communist solution.
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  25. The biggest garbage is the $500 billion in bailouts to businesses which would not be cut by Trump.
    18
  26. U.K. likely to lose large business in a world dominated by EU, China and the United States.
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  27. An increase of money without a corresponding increase in productivity will cause inflation. Inflation has never dropped without higher interest rates or a contracting economy.
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  28. Likely some ventilation system failure in the bio lab or improper disposal of contaminated waste.
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  29. joe fox Trump is President, head of executive branch of the country who did nothing and does nothing to control the pandemic. It is his fault things are out of control.
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  30. Housing costs more, gasoline costs more, building supplies cost more, appliances cost more, food costs more, stocks cost more... no inflation yet.
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  31. No buyouts, let them eat cake!
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  32. What's bad for Wallstreet is normally great for the middle class.
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  33. Wish the U.S. would break up these big corporations.
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  34. The Fed caused this problem by keeping interest rates too long to maintain high stock valuations and bailing out poorly run corporations. The Fed indirectly purchasing lower grade bonds were a clear violation of law that established the Fed. All done to protect wealthy investors at the expense of everyone else. Well now they really messed things up and are burying the U.S. economy in a hole it may never come out of.
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  35. Good for China. The U.S. needs to break up monopolies so we have more competition.
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  36. The Federal Reserve is exactly like the old Soviet Central Committee, deciding who is chosen to succeed and who will not be saved.
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  37. Why does he still have his job?
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  38. ALEX JOSE If corporations need money, they can issue bonds or sell their stocks they've been buying, or declare bankruptcy.
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  39. The Federal Reserve created trillions of dollars that went in to prop up corporations and stocks which is why asset prices are high. 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. Do these air heads have any idea what's going on in the U.S.?
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  40. The USA does not save debt slaves, it creates more of them. How does it feel to be part of the majority?
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  41. Trump and the Federal Reserve are the biggest socialists in American history. Unfortunately for most of us, 90% of the money goes to billion dollar corporations, Wall Street banks, junk bond issuers and agricultural giants. The rest of you, eat cake.
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  42. Capitalism without corporations failing is communism. Everybody getting a check for nothing is communism. Communism will make everyone poor because productivity will go to zero. Why should any government or central bank supported corporation be efficient or well run? Why should anyone take a real risk?
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  43. It's bailing out billionaire banks, executives and investors. Some other people who have stocks. $1400 for some people eventually. Everyone will be paying one way or the other, probably through inflation.
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  44. Old grandad knows exactly what’s going on, we have a Federal Reserve destroying the economy through inflation.
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  45. Asset valuations based on price earnings has doubled in 3 years, that's called hyperinflation.
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  46. 2x4 by 10' lumber was $2.59 a year ago, was $9.29 today at Home Depot, 300% increase in one year.
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  47. Why aren't equities included in inflation figures? The cost of buying equities is at record highs. Food, medicine, pharmacy products, home maintenance, building supplies, appliances, software products all seem to be rising at a far higher rate than what the Fed claims. The only product that has gotten cheaper are big screen televisions. Savers, mostly older people, get hurt by low rates.
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  48. Fed’s incompetence has created this stagflation. Fed created too much money years ago and then created even more money to prop up the stock market. Poorly run corporations need to fail, not be saved by cheap money. There’s never been so much money created by the Fed in history. Inflation is going up faster than wages. This policy was used in Venezuela, Zimbabwe, post WW1 Germany which ultimately led to disaster.
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  49. Inflation going up, trillion dollar federal budget deficits, money velocity (how quickly people spend their money) is increasing, how can rates come down?
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  50. The renters say to landlords "let them eat cake!" Renters are following Trump's motto "okay, sue me."
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  51. Fed Ex seems to have had problems for years. Many years ago, it was a premium delivery company.
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  52. Isn't a deal with the U.S.oil producers called collusion and illegal?
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  53. U.S. will spend more money on the military.
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  54. This liquidity crisis has been going on since the Federal Reserve first started going into the repo market months ago and it just keeps getting worse.
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  55. A very wide U recovery.
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  56. He's an economist? Isn't he aware the figures are rigged? If inflation was calculated the was it was in the 70's without 'replacing' inflating items with 'equivalents' it would be around 6% - 8% for the average working person. Also, he ignores bond investors not being able to make a decent return, which punishes retirees. Every country creating money without an improvement in productivity winds up with the same problems... inflation, speculation, destruction of productivity, crashing the currency and other countries moving away from the currency because they lose money by holding it.
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  57. Trump trying to force higher gas prices for everyone, remember this at election time
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  58. If this virus came out of Chinese laboratory and easily mutates, and no one has immunity, not a chance this virus will be controlled.
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  59. Like Trump didn't keep filling the swamp.
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  60. It's not Saudi Arabia. The U.S. is the one with the lowest crude oil prices because of excess production versus demand. This is a totally internal problem for the U.S.
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  61. I think she said “protect the 1% at all costs and dump the burden of inflation on the poor and middle class.”
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  62. I'm 63 years old and never seen transitory inflation. Once inflation gets a hold in the economy, it continues to get worse until interest rates rise dramatically.
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  63. Republican Nixon opened up to China and Republicans supported open trade with China.
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  64. Next they'll say all these corporate loans will be converted into grants.
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  65. We no longer have a capitalistic economy. The Federal Reserve is creating a socialist economy like Venezuela.
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  66. No stores closing, no costs going up in the dollar stores, no global warming... anyone need more lies?
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  67. Republicans changed the Democrats bill and added corporate welfare.
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  68. This may give businesses a second thought about moving to Texas.
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  69. Stock buybacks should be illegal
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  70. AAAskeet It's all crumbling down via Donald Trump
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  71. Gary Campbell If current airlines go bankrupt, new airlines will be formed, if there is demand. This is all about saving the rich. Anyone who loses their job because of a lack of demand for air travel will not get their job back because of this bill.
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  72. If the Fed doesn’t taper soon, the U.S. will have a crash equal to or exceeding the Great Depression. No country has survived economically by trying to print money to save its economy. Right now, excess capital is only making the asset holders paper wealthy. I see money velocity picking up in my area of the Midwest. Money velocity will dramatically pick up as the economy continues to open. That will increase inflation dramatically and could quickly lead to uncontrollable consequences without tapering.
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  73.  @simonlynch4204  Current Federal Reserve balance sheet is $7,708,882,000,000 which is almost double from a year ago. I think you need to get your facts straight that quantitative easing is another term for printing (digital) money.
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  74. In reality, not enough people and countries are willing to buy treasuries at current interest rates, so the Federal Reserve buys them. It's kind of a joke. Might as well get rid of the Federal Reserve. Why issue treasuries at all? It's shuffling electronic digits. The U.S. Treasury might as just say "We are going to print money to cover all the spending Congress has passed, but doesn't have the income". Instead, they issue treasuries, no one will buy them, so the Federal Reserve prints the money to buy them. There must be a point where all this money printing is going to cause a bad end. Historically, when countries have done this, it all comes to a very bad end.
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  75. The only reason the US became what it did was World War 2 destroying Europe and Asia, and Mao suppressing China.
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  76. joe corpus Trump supporters are the idiots; they ignore reality.
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  77. Does anyone really believe these numbers?
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  78. 30% unemployment is peak fear, for good reason.
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  79. Powell doesn't go shopping so he wouldn't notice inflation. I wonder if any of these talking heads go shopping. When you buy a product that is the same price, but weighs less or has less items, is inflation in the real world. Housing, automobile prices and food are higher. Building materials and major household appliances are up 20% in the last year. I see the economy picking up fast, but will be a surprise to these talking heads in a couple months when it shows up in their reports.
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  80. It's a liquidity crisis, financial crisis, supply chain crisis, economic lockdown, health crisis, unemployment crisis and a rolling crisis of shortages of critical goods. That probably doesn't cover everything going wrong now.
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  81. The Federal Reserve always gives in whatever an administration demands, it isn't really independent. The Federal Reserve exists by an act of Congress and be put out of existence by an act of Congress.
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  82. No worries, after prices double this year from transitory inflation, inflation will drop to normal double digits.
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  83. Airbus should thank Boeing's top management and the Trump administration for its greater success, and hope they don't get replaced soon.
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  84. Federal Reserve needs to keep creating trillions of more dollars so rich stock investors can afford to leave food scraps for the peasants.
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  85. I wonder how much oil is left under Saudi sands. Perhaps they see an end to their oil.
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  86. If he can be directly linked to directly causing the deaths, then he's guilty.
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  87. Farmers need to go broke like every other business person instead of relying on Welfare payments (transfer payments from my pocket). It's been going on since the 1930's.
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  88. mike s. Obama is no longer President. We're talking about the massive deficit spender Donald Trump who's running record deficits. It's bad now, wait until the economy gets bad.
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  89. Not the economy, Wall Street. The average person gets $1200 or less, while the average corporation get tens of millions in subsidies.
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  90. The Fed needs to let the markets fall and go back to rates closer to normal.
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  91. Very sad. Sympathies for you and your family.
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  92. Hamas only wants to destroy Israel. I have zero sympathy with Palestinians. There’s never been a country called Palestine, it was a province of the British Empire. The part people call Palestine was invaded by Arab countries before Palestine could become a country, no one talked about a Palestinian state until Israel fought wars and obtained the land from these Arab countries. So I don’t know what you’re talking about.
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  93. Mohamed knows bonds, but he doesn’t know stocks and is weak on long term economic forecasting.
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  94. Another $2.2 trillion dollars in new American government spending. $4 trillion plus from the Federal Reserve. $1 Trillion of 'normal' national debt. So our $17 trillion economy suddenly has an additional $7.2 trillion of newly created money. 42% more dollars floating around doesn't seem like a good thing as far as inflation goes.
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  95. I’ve notice prices rise in alignment with the amount of dollars created by the Fed, 20% permanent increase in prices. So the point of adding all these dollars to the economy accomplishes what?
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  96. Hopefully, Fed won't cut rates but probably will to pump up stocks. Pumping all this money in the economy is not helping the average person. Fed doesn't care about everyday inflation for people. Everyday necessities continuously go up in price. Old housing is dropping in price because its so expensive to upgrade and modernize housing. New home prices are extremely expensive. If jobs are so plentiful, why are there so many minimum wage jobs?
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  97. El-Erian has been wrong for many years. No such thing as transitory inflation. Inflation only gets quashed by higher interest rates. Stock market values are based on growing Federal Reserve balance sheet, denial of inflation and low interest rates. At some point inflation will build on itself because of 20% expansion of money supply relative to GDP without an increase in productivity. Federal Reserve will do what it always does and wait too long to allow interest rates to increase, then jack up rates to stop inflation. That's when the market crashes, not before.
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  98. India is where diamonds are cut, so they will not be hurt much.
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  99. Recessions are necessary in a capitalist economy and trying to avoid them by constantly pumping money into the economy, like most countries of the world are doing now will only make things worse, like the crash in 2008. Recessions are necessary because the weakest borrowers, businesses and individuals, simply exist economically on borrowed money and become too much of a burden on the economy. It's like you're trying to keep a boat moving and you need healthy rowers to keep it going. There are zombies on board (like zombie businesses). At first, it doesn't matter because there are plenty of healthy rowers. But after a while, the zombie disease spreads and you have too few rowers. Had you gotten rid of the zombies when there weren't too many (a small recession), it wouldn't be so difficult. But the longer you wait (by printing too much money and making it cheap), the harder it is to clean up zombies (like in the 2008 crash).
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  100. They will also short the oil market to make up some lost revenue
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  101. Low interest rates are causing high inflation and pricing people out of homes and cars. Inflation is punishing the middle class and poor with higher food and gasoline prices. Everything is going up in price. Supporting stock prices is not part of the Federal Reserve mandate.
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  102. Right now, looks like the Federal Reserve and Federal government will likely create money equal to about 20% of pre-crash GDP, that's a lot of money. Deflation will not be the problem, inflation will be the problem starting later this year.
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  103. So far, all talk and zero tightening by the Fed. As a matter of fact, the Fed was still doing quantitative easing last week. Inflation is out of control and will continue to be out of control. There is no end in sight to labor shortages, chip shortages, home prices rising, auto prices rising, food prices rising and every business planning to figure out how much more they should charge so they need so they don’t lose money.
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  104.  @philiphoyle  That's the way the entire government financial system is set up. Money is created and flows from the Federal Reserve directly into hedge funds and banks that funnel it directly into their investment firms. The rest of us get the leftovers. If everyone understood this, they'd demand money go directly to citizens on an even basis and let these hedge funds, banks and investment businesses earn their money.
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  105. 8’ 2x4 lumber was $3.48 last month and today it’s $5.48. Is that price stability? Does that make for economic stability?
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  106. It wasn't the business of the Federal government to save private investment banks. They should have let Goldman Sacks also go under. All it did was save billionaires and other super rich at the expense of the middle class and poor. The banking and financial systems would have been recreated without the dead weight of speculators who gamble the economy for their own benefit.
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  107. $2 trillion should be given to the adult citizens of the U.S., that's about $50,000 each.
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  108. Best natural diamonds do not have visible inclusions. Cheaper natural diamonds have visible inclusions.
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  109. Made whole? Isn't that what bankruptcies are for? What about all the trillions corporations spent on buying their own stocks the last few years. Let corporations sell stocks at a loss if they need money. Who is going to make whole the American public that will be paying the bills?
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  110. It's the economic disruption caused by the Coronavirus. Travel, cruise industry and tourism in general is being hurt. Supply chains have been disrupted. This is happening at a time when countries, corporations and Americans have tremendous amounts of debt. Also, stocks were at record highs two days ago.
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  111. The U.S. has no business being in the Middle East or Europe. There are plenty of sensible adults who can handle their problems. 9/11 was caused by Saudi Arabian citizens, our allies in the Middle East. Bin Laden was a created by support from the U.S. getting involved in a war in Afghanistan. No one has brought peace to the Middle East for 2000 years.
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  112. Globalization destroyed the financial well being if the middle class.
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  113. Finally, someone tells the truth about a possible Fed rate cut. It's not the cure.
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  114. Close most overseas military bases and the military budget by 80%.
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  115. Donald Kasper That is such a lie. Too few people, those numbers make no sense. They pay virtually nothing in Social Security and Medicare taxes. They pay no more than anyone else in local property, gas and utility taxes. Exactly what subset of taxes are you talking about? Exactly which group of people are you talking about? In what particular state are you talking about?
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  116. Deflation may already be over with the trillions the Federal Reserve and Federal government are creating.
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  117. New Hampshire is a small state that means very little.
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  118. No rate hikes. 2% will not stop double digit inflation.
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  119. Inflation is going up again the last month, including gas prices. Fed is behind again in controlling inflation.
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  120. Either crash the stock market with higher rates or crash the economy with inflation.
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  121. High inflation, higher food prices, higher energy costs, slowing economy… what a show!
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  122. He left out China stealing technology, not following trade rules, extorting product and business know how from Western companies. Hopefully, Trump doesn't fold up like he usually does.
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  123. Powell was the one leading the charge for cheap money that’s led to today’s inflation problem. Keeping him would be a total mistake.
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  124. Did interest rates for credit cards fall? How much of this cheap money is being used by corporations to buy their own stocks?
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  125. Congress spends money, IRS collects the money for Congress to spend. Blame Congress.
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  126. Without the Glass-Steagal Act breaking up banks and investment firms, we will continue to have crashes every 8-12 years. It needs to be passed again.
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  127. Sorry, the value of the dollar effects inflation. The U.S. mostly imports products and competes with the rest if the world for commodities. This is not the 1960's when the U.S. was half the economy in the world.
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  128. If Fed waits until next year to raise rates this year, they will be too late with inflation taking off like in the 1970's.
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  129. Fed only buys billionaire poop.
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  130. All public corporate buy backs need to be illegal or the U.S. will never get out of boom bust cycle it's stuck in.
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  131. That also explains the Federal Reserve's multi-day repo operations. Goldman and other banks are highly exposed to SoftBank and over-valued Silicon Valley collateral. All the Federal Reserve did was piling on, delaying the eventual reckoning of bad loans and make that eventuality worse.
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  132. Ponzi scheme.
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  133. Zombie corporations continue to multiply thanks to the Fed cut
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  134. That's why we had the Glass-Steagall Act and why we need it back. That's also why executives need to be prosecuted and banks must lose their charters if guilty of racketeering or other criminal acts.
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  135. Oh sure, we still have a liquidity crisis, financial crisis, supply chain crisis, economic lockdown crisis, health crisis, unemployment crisis and a rolling crisis of shortages of critical goods. By the way, the pandemic isn't supposed to peak until June.
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  136. Everyone will continue to use Nvidia because everyone will be competing to use the fastest semiconductors. No one knows how enormous of a network of semiconductors Alibaba and other Chinese companies use to train models.
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  137. Farmers have been on welfare for almost a hundred years.
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  138. Most crime is not committed by those of European ancestry nor Asian ancestry.
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  139. The size of government is directly measured by the Federal budget. Republicans expand the size of government as fast as Democrats. Inflation is caused when increased supply of money caused by government deficit spending increases faster than efficiencies in the economy. These efficiencies don't simply depend on the internal U.S. economy, but on international supply chains and the dollar maintaining its value relative to other currencies. The more dollars, the less value, the less efficient the dollar is in trade. Obviously, these guys don't go shopping. Packages shrink and sold for the same price, major appliances have gone up 20% in the last year, building materials are up, meat prices are up, housing prices are up, buying a low priced base model car is as easy as buying a unicorn.
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  140. They're pulling back in the oil sector because more loans may not be sustainable given the current price of oil. It has nothing to do with climate change or anything else.
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  141. The U.S. doesn't have China over a barrel. China has a large domestic market and is quickly expanding trade away from the U.S. Trump has proven the U.S. is not a reliable trading partner. Trump has done irrevocable damage to U.S. international business interests, not just with China, but every trading partner he has imposed his whimsical tariffs on.
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  142. Anyone can run a Ponzi scheme like Trump and his massive deficit pending. Eventually it will collapse.
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  143. Every downturn in the market is met with billions coming in from the Federal Reserve, there is no risk.
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  144. Don't put all your eggs in one basket.
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  145. IF Fed actually stops inflating, crypto will go down, so far Fed hasn’t.
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  146. Lumber going from $2 to $8 happened under Trump.
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  147. AI is making designers and programmers much more efficient. All tech companies have been laying off people and it’s going to continue. X (Twitter) proved a lot of people in tech are not necessary.
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  148. 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.
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  149. Republicans love spending other peoples money!
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  150. Future inflation on top of more inflation with increased inflation going forward.
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  151. Real inflation on necessities for the middle and lower classes is probably running around 5% to 8%. The Federal Reserve is providing hundreds of billions of dollars in the repo market and buying treasury bonds to keep interest rates lower causing unaccounted inflation. Lower rates hurt savers and bond holders, while providing more liquidity to speculators and corporations to buy back their stocks with borrowed money, which puts corporations in a precarious situation in any economic downturn. Rates are already too low for too long.
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  152. Let the wealthy pay for the military budget. It's there to mostly to protect the wealthy.
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  153. right? - The U.S. produced more oil than it consumed before the crash. Now it can't export because of excess in the world and can't sell enough oil domestically.
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  154. The Fed needs to raise rates a full point next week or inflation will continue to climb.
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  155. Markets are supposed to be valued by profits and output, not by a direct line from the Federal Reserve. That is why we will have inflation, we will have an industrial sector in massive debt, producing little except bonds to continue to float themselves. These huge gluttonous corporations will suck up all the capital and not have any competition because potential competitors will never be able to start up. These far corporations will become less and less efficient. We will have to rely even more on imports for goods that aren't produced here. If people outside the country can't get much from their dollars, they will demand more dollars for what they sell us. We will be like Venezuela or the old Soviet Union. A tiny elite and everyone else poor.
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  156. Wonder why inflation is so high
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  157. Trump started high tariffs, not Biden’s idea.
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  158. They will get cheaper.
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  159. Look at Venezuela, she’ll do that.
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  160. Maybe some people in charge are listening to El-Erian, let's hope.
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  161. Thanks for a laugh.
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  162. Bilbo Baggins U.S. share of world capital dropped from about 52% when I was born down to around 24% today.
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  163. Borrow, borrow, borrow 🥳🥳🥳
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  164. We care because China make half the products sold in the U.S.
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  165. He's right. Let's make him Fed Chairman.
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  166. You're smart to state what should be obvious. And that's why tariffs aren't going to make any difference.
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  167. You're talking about a country run by Trump.
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  168. You prefer 10% or more real inflation over paying a percent more for a loan?
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  169. Inequities are exasperated by Federal Reserve policy. People with corporate assets, the rich, get wealthier while everyone else pays through inflation and taxes that the wealthy avoid paying. It's not so called race or gender that's the dividing line. It's people with substantial wealth who pass along millions or billions from generation to generation and avoid paying taxes by tax breaks, corporate holdings and trusts. The idea of race was created to get the non-wealthy to fight among themselves instead of their overseers.
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  170. Đeath Vader Other than military technology, much of the most advance technology has come from Japan since the 1990's and now it also includes Korea and China.
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  171. Federal Reserve stopped hiring the best people, but hire by diversity and inclusion. This may explain why Federal Reserve has lost control of the narrative and made such horrible decisions in the past year allowing for an uncontrollable inflation cycle to start. Inflation is above Federal Fund rates, so inflation is likely to continue to grow until rates at least match inflation. Federal Reserve obviously no longer knows what it is doing as an institution.
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  172. BS. 90% of dollars are digital. Only 10% exist as paper money.
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  173. How can anyone be surprised at how a virus that no one has immunity to spread to almost everyone?
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  174. No inflation... try to buy a base model car, a 'starter' home, new large appliances or building materials.
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  175. Stocks up on $7 trillion in Federal Reserve money buying everything. That's an extra $16,000 for every man woman and child in the U.S. Did you get your fair share?
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  176. WeWork caused big losses for banks and the U.S. has an overbuilt office market, along with falling housing prices, manufacturing in recession, trade in recession... this reminds me so much of 2007.
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  177. We are in stagnation.
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  178. Need to turn gold into treasuries to use as liquidity for borrowing.
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  179. It needs to be illegal for the Federal Reserve to loan money to or recapitalize hedge funds. The Federal Reserve needs to be an organization that deals with American banks only. Remove all the legal financial advantages hedge funds have and they won't do so well. It needs to be illegal for more than one option to be sold per stock.
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  180. Oil above $60 is not sustainable because of independent U.S. drillers.
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  181. Inflation will continue as long as real inflation is higher than interest rates… foreseeable future.
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  182. The Federal Reserve Total assets went up $18 billion dollars in the last week, what taper?
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  183. That's a big lie. Electric cars are a more simple design and use less energy except in a cold climate, which India does not have.
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  184. Republicans need to listen to this guy before we have a Communist Republican Party.
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  185.  @id10t98  The Federal Reserve should never have cut rates under Trump and they still haven’t stopped QE in spite of high inflation rates.
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  186. The problem can be solved by using other ports. Automated train type of transport to move containers to more remote distribution warehouses could easy future problems. Of course, most things could be built and the U.S. and don’t need to be imported.
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  187. If the Federal Reserve loses integrity, dollar and US is in big trouble.
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  188. Prices going up for gasoline, housing, construction materials, medical supplies, appliances, food... but that doesn't count as inflation.
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  189. Goldman Sachs will never pay billions. There is a separate group in the justice department that lowers fines when nobody is looking.
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  190. He’s under a delusion about communist China, they bait people who have or generate money, then turn on them.
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  191. The Federal Reserve was still doing quantitative easing 3 weeks ago.
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  192. How does she know how much oil Saudi Arabia can put out? I knew someone who worked for an oil company and he said getting oil out of Saudi Arabia is like putting a straw in the ground.
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  193. Oil won't be cheap long, maybe through the end of the year.
    3
  194. Only one Elon Musk, no other CEO would move into a factory until everything was straightened out as happened at Tesla.
    3
  195. Large corporations are sucking the life out of America.
    3
  196. What a traitor; he cares more about developing the Communist China dictatorship than supporting and defending the U.S. and its values as laid out in the Constitution of the United States.
    3
  197. The most overpriced market in history is supposed to go higher with inflation and a contracting economy, zero sense.
    3
  198. Number of oil rigs operating in the U.S. has been consistently going up this year.
    3
  199. More money and slower service do not translate into safety, those are completely different issues.
    3
  200. 90% of the time Goldman Sachs announcements are late or lies.
    3
  201. And what were the Republicans doing running up multi-trillion dollar deficits? I didn't see the federal budget go down under any Republican administration and I'm 63 years old. Get real.
    3
  202. I wonder if some Chinese investors invested heavily in Tesla a month ago.
    3
  203. No crash until after November election.
    3
  204. The Spanish flu became a world wide pandemic the year after it came out. This may not be over until 2023.
    3
  205. Fed did exactly what Trump wanted.
    3
  206. Communism didn't work for any other country, why would it work for the U.S.
    3
  207.  @UrbanOspreys  Israel is a tiny country and too many Palestinians want to end Jews and Israel. What about all the Islamic countries with whom they share a culture in common?
    3
  208. Inflation is highest for the poorest people in the US. Daily products for poor people are of worse quality and smaller amounts for the same price. The wealthy you are, the smaller the inflation rate relative to your income.
    3
  209. Max Smart Major crashes happen under Republican administrations because they remove laws that keep the 'animal spirits' in check. Stocks get overbought, excess growth in government deficit spending, excess risky borrowing in the private sector happens, and that leads to a crash which seems to be happening now. Look at historical facts. The propaganda put out by Republicans is a fantasy myth Republicans tell about themselves. They are not patriotic, not fiscally conservative, don't believe in free markets and they believe in a big Federal government. I'm 61 years old and have never seen Federal spending by Republicans decrease. I have never seen Republicans cut the number of laws on the books. The last Republican that passed a balanced budget was Eisenhower, but I was only a baby back then.
    3
  210. Only if corporate owned political parties get voted out.
    3
  211. Banks are getting money for 0% from the Federal Reserve. How about the rest of us 0%?
    3
  212. All Trump supporters need to put all their money into the stock market to support their President.
    3
  213. El-Erian is usually wrong. Fed will not be able to cut rates starting in June. Gasoline prices are up over 10% in last 6 weeks.
    3
  214. Reagan was another big deficit spender, not a fiscal conservative. He was no smaller government president. He spent like crazy.
    3
  215. Much of the UK financial assets are based on being in the Eurozone, so how can these assets ever recover from Brexit? The short term damage from Brexit will be severe for both Britain and Europe because of disruption in supply chains. So what is medium term recovery? 5 years, 10 years or a realization that this was a big mistake and Britain rejoining the EU?
    3
  216.  @grandmaida7819  Boarder needs to be closed to illegal crossings.
    3
  217. And spit.
    3
  218. If these job numbers are true, why doesn’t the Federal Reserve stop creating dollars and bring down inflation, which is really at 10% and not 5%.
    3
  219. carlos torres Most of the technology wasn't stolen by China, it was given to China so executives could get short term high profits by moving manufacturing to China so they could boost their bonuses. We in the U.S. were sold out by the business executives and Congress that allowed these sell outs to happen.
    3
  220. No, the Federal Reserve has proven it doesn’t care how high inflation gets, its job is to protect the assets of the wealthy.
    3
  221. Fascists are extreme left
    3
  222. Yes, the U.S. is following the path of Venezuela, just keep printing money to keep the markets going up.
    3
  223. Time to get rid of all the crop support programs, permanently.
    3
  224. TheHealthPhysicist You're denying reality. Record melting in Greenland, Alaska and probably everywhere in the Arctic region this year. Record flooding in the Midwest and record heat in Europe. Donald Trump the global warming denier as President undoing as much climate regulation as possible. The only busy political and business leaders are doing is destroying our climate as quick as possible. There is no hope as far as I can see. Look at the Bahamas and you see the future of all the coasts.
    3
  225. 99% of dollars are digital, they are not physical printed dollars.
    3
  226. Both parties. Trump and Republicans talk a game and vote the same.
    3
  227. Nobody who shops believes inflation is low, 20% or more for major appliances and building supplies.
    3
  228. RAM 1996 You're right. Western democracies should completely shut off doing any business with China. The systems are too different.
    3
  229. If JP Morgan goes into private debt market, it is acting as a private investment bank and should not be FDIC insured.
    3
  230. hokeypokeyalso1 Do you have facts to back up your rant?
    3
  231.  @MF-en1wg  The inflation figures are rigged to hide inflation. Real inflation is double what are reported.
    2
  232. Individuals need to be charged. Individuals are the ones doing the crimes.
    2
  233. Democrats need to read the legislation carefully and not allow another bail out to the rich like in 2008. I'll even contribute to the Democrats this year if they hold the line on Republicans giving money to the rich thieves that caused this crisis with their stock buybacks and excessive CEO salaries.
    2
  234. It’s more of a Ponzi scheme than a business when more sales only produce more losses with no model to profitability.
    2
  235. Please don't blame China what wealthy Americans have done to us, followed by the politicians, then the average Americans.
    2
  236. Stocks are propped up by the Fed. Never fight the Fed. The Federal Reserve has created the equivalent of 20% to 30% of the current GDP. It could create 100% of GDP in currency. The Fed is a law unto itself because they have the power to create unlimited dollars.
    2
  237. Low interest rates devalue currency, hurts bond holders, hurts less sophisticated investors, creates desperation for financial returns, creates excess valuation in stock markets, allows failing companies to exist on debt, forces banks to not acknowledge non-performing loans because of the outweighed expense of closing out loans, forces central banks to not acknowledge inflation by reconfiguring how inflation is calculated, allows governments to increase deficit spending and creates a malaise in the economy because low interest removes the profit incentive to compete well enough to pay to use money.
    2
  238. Fed has been reducing money supply, except money velocity is increasing and causing a rise in inflation.
    2
  239. Stimulus needs to be given to the middle class and poor, not Wall Street like in 2008.
    2
  240. They obviously don't have bonus worthy great staff because the bank is not doing well.
    2
  241.  @nikhilnewse3318  No, Trump ruined the economy with his deficit spending by cutting taxes for mostly the rich followed by a complete disaster of the handing of the pandemic which crashed the economy. He also ruined our relationships with allies and our trade deficit kept growing under Trump.
    2
  242. The Fed had a strong bite in the 1970’s, 45 years ago, all those people are long gone.
    2
  243. MooseT Obama is the guy that helped save the US from going into a depression thanks to Bush Jr. Oh, but that was 10 years ago, so I guess it doesn't count.
    2
  244. Democracy leads to mediocre leadership, sometimes just plain crooked and bad like Trump and Bush Presidencies.
    2
  245. Politicians love big corporations because it's easier to extort political 'contributions'
    2
  246. These guy don’t live in the middle class world. People have more money, but prices are going up faster than the value of their dollars or their income, so in reality people without substantial assets are poorer.
    2
  247.  @TRLgoodvibesdotcom  I was a child and bought small toys, small boxes of candies, my mother bought things for sewing, bowls utensils… not much different than what you find in dollar stores today. Dollar Tree announced it will start selling products more than a dollar so inflation has definitely caught up on the cheapest items.
    2
  248. The Federal Reserve is supporting the wealthiest first, then money trickles down to everyone else who will be stuck paying the bill.
    2
  249.  @phillip76  What does White have to do with anything?
    2
  250. Texans and Southerners need to man up and just get over it.
    2
  251. You are ignoring reality. Money velocity is at historic lows and inflation is at historic highs.
    2
  252. Stop creating bio weapons, sometimes they escape the lab.
    2
  253. Federal Reserve current primarily goal is to keep the wealthiest wealthy, the bankers wealthy and investment houses wealthy. Yes, previously they cared about employment, the economy and keeping inflation under control, but that’s not how they’ve acted the last several years.
    2
  254.  @antony6799  Not Exactly. The U.S. is dependent on imports and the falling value of the dollar causes more inflation.
    2
  255. It's like piling big wet logs on a fire to warm up. Eventually, the logs dry out and catch fire, then the house burns down.
    2
  256. cccccuy Actually, the Fed balance sheet has started going up again.
    2
  257. Soon, if not already, lab grown will be able to add contaminants and it will be impossible to distinguish from mined diamonds,
    2
  258. Unfortunately, that's allowed. Repurposing involves no new invention so it shouldn't be patented. All the crooked things the U.S. did to benefit U.S. companies will be turned back into our face by China.
    2
  259. Give me a billion dollar grant. I'm not greedy. That's only a small part of the bill.
    2
  260. China did not kill Muslims, they are re-educating them so they act like they live in the modern world and not the Middle Ages. By the way, what are we Americans doing in Asia and the Asian Pacific? Let adults in the Asian region work out their own problems.
    2
  261. Japan and Korea are exporters, their debt is held internally and their population is aging, especially Japan. U.S. is an importer and its debt is held by foreigner countries and the Federal Reserve... like Venezuela.
    2
  262. Inflation has nothing to do with the unemployment rate in the U.S. The U.S. inflation rate is dependent on the dollar not losing value against other currencies.
    2
  263. Production is dropping faster than sales, which means prices are going up, even gasoline.
    2
  264. All the Federal Reserve induced inflation costs of saving investors has been dumped on the poor, working and middle class. Now the vast majority of people have seen prices go up faster than their take home pay, so people need to focus on paying for essentials like food, housing, utilities and transportation and not other things.
    2
  265. He's right the excess reserve interest rate is too high and needs to be lowered to encourage bank lending. The biggest problem with rate cuts is that it makes stock buybacks cheaper which does nothing to improve the economy. He's also right about Boeing having a negative impact because of the Max problem.
    2
  266.  @annaandrea1731  You're saying someone should have the right to sell the right to sell a stock they don't own. I totally disagree with you. Selling multiple positions on one stock should be illegal. It's like writing multiple contracts to sell a house, which is illegal.
    2
  267. What has gone down in price in 40 years? Average prices for homes, automobiles and everything else I usually buy has more than doubled in price except for electronics.
    2
  268. You know the Spanish flu didn't spiral out of control until the year after it was identified. February is not an all clear.
    2
  269. The corporations with too much debt load will declare bankruptcy. The Federal Reserve will take the loss, first with junk bonds, which means the debt disappears and no lender takes the loss. Hello inflation.
    2
  270. You are also forgetting about labor shortages and scarcity of materials. It will take years for manufacturing to catch up, especially in the auto industry and housing.
    2
  271. Probably stagflation. Too much money being created by Federal Reserve and too much saving non-contributing losers. We need to be a productive country.
    2
  272. Suresh Ganapathy Akira is pointing out that killing Soleimani will put the U.S. in a worse strategic position. The killing also galvanizes the Iranian public behind its government. It's also likely that he could simply be replaced with someone equally talented and hateful, or more talented and more hateful.
    2
  273. Cut the airline businesses down to a profitable size, then expand as the market cones back. Airlines can issue stocks and bonds.
    2
  274. Does anyone believe anything that comes out of Trump's government officials?
    2
  275. No, have the Fed buy credit card, student loans and home mortgages, then reissue them at 0% interest. Save the middle class.
    2
  276. High inflation, low growth, high deficits and high debt, Jan is a bit disconnected from the real economy. Deflation in products was transitory, prices are rising again.
    2
  277. Keoni Mana Glad you brought up it is one subset of taxes they allegedly pay. They probably pay less than 5% of Social Security, Medicare, gasoline and other taxes. How about what percent of all taxes people pay. Oh, that figure is suddenly hard to find.
    2
  278. Something a lot stronger than marijuana.
    2
  279. If we were only had freedom in U.S. to buy great cheap cars from China.
    2
  280. The zombie apocalypse started under Trump.
    2
  281. At least Nancy kept most of the money from going to bail out the rich.
    2
  282. Cmtat The real fault is both parties, but the Republicans can be worse than the Democrats. Ending the Glass-Steagall Act was the worst thing the politicians did. Then ending most tariffs, tax write offs to exports jobs overseas, free trade with China, allowing publicly traded corporations to buy their own stock. We really need a Constitutional Amendment that forces a balanced budget. In a time of emergency declared by 60% ? of states, the Federal government can run deficits. States need more power. The Federal government is sucking the energy out of the Capitalist system.
    2
  283. Lotsa Luck Are you a farmer welfare queen or corporate welfare queen?
    2
  284. Some lumber based building supplies have doubled or tripled in price in the last year.
    2
  285. vanwanderer x Germany once did what you claim is good Federal Reserve policy. It led to hyperinflation, a destroyed economy, Fascist dictatorship and World War II.
    2
  286.  @EnderViBrittania  The highest earners do not pay the most taxes. You are ignore social security taxes, medicare taxes, gasoline taxes, utility taxes, government fees, and local taxes like property taxes, state taxes, and all the hidden taxes like import taxes.
    2
  287. Inflation will go out of control beyond the stock market and salaries will not keep up. At some point, the Federal Reserve will be forced to raise interest rates at the wrong time.
    2
  288. Cruise industry is heading down fast. Rest of tourist industry will be next. Followed by airlines. Boeing will be in more trouble. Malls, retail stores, restaurants will lose customers. The funeral business will get a boost - not a joke. Dropping interest rates won't help.
    2
  289. Economic reality is... fracking with horizontal drilling has allowed U.S. oil to be abundantly produced at a cheaper price while higher mileage cars and more overall efficient manufacturing have weakened demand. Also, there has been a boom in solar and other renewables. Your government doesn't have and can't raise the income anymore to provide services like firefighting. There is plenty of mining towns that went out of existence. Welcome to the real world.
    2
  290. Trump supporters, don't believe this. Buy on every stock drop. Your job is secure.
    2
  291. June 2020 is the predicted peak of the pandemic.
    2
  292. Politically connected corporations are getting giant bailouts while the rest of us will pay.
    2
  293. As long as 5 year yields are under 2%, no worries.
    2
  294. Airbus is lucky for massive Boeing screw up
    2
  295. Federal Reserve is doing what it needs to do to limit inflation damage by all the deficit spending by Congress and “free trade” bills passed by Congress causing huge trade deficits. I’m 65 and 100% behind what the Federal Reserve is doing now. They did mess up several times earlier by not cutting back quantitative easing in March and not raising rates a little bit several times in the last few years. Better late than never.
    2
  296. That's the most beautiful thing about the U.S. You can leave whenever you want.
    2
  297. The infected animals were likely brought to the lab with the Covid virus, after extracting virus samples, the animals were sold by underpaid employees into the wet market. The rest is known.
    2
  298. Like the flu
    2
  299. The United States needs to pull out of South Korea and Japan, then they'll forget the past and both be forced to face the mutual threats from North Korea and China.
    2
  300. There's money to be made in times like now.
    2
  301. Armando Garcia The stock markets and option markets run whether people make or lose money, it has nothing to do with immoral behavior, even though it can appear that way. I do donate a portion of what I make in the markets to charities like food banks. The more I make and the more the need, the greater I will donate, unlike many people. I grew up poor and give to those organizations that help people in need.
    2
  302. China is not a developing country anymore than any other country.
    2
  303. Mia DoubleZeroSeven America has gotten rather good at pulling itself out of recessions, which are necessary in a capitalist culture to kill off the weakest businesses. Those that are strongest survive. Look at the oil industry in the U.S. Saudi Arabia and Opec did all it could to put an end to the fracking with horizontal drilling oil boom, and all they did was eliminate the weakest companies and create an even more efficient, profitable and productive oil sector. China may suddenly find itself in an equally bad predicament as Saudi Arabia and Opec. Don't ever underestimate America business acumen.
    2
  304. Print more money, print more money, print more money…
    2
  305. Shadowstats shows inflation at 13% based on pre-1980 calculations.
    2
  306. Oil is not sustainable above its current price because American drillers can produce profitability from $30 and higher. The higher the price, the more oil can be produced.
    2
  307.  @AufBerghofNAM  Yes, really. Everyone is paying for high asset prices through inflation. Only the people that own those assets won.
    2
  308. $5000 per adult citizen is the same cost as the proposed bailouts.
    2
  309. Gas prices went up over 10% since hitting a bottom about 6 weeks ago because of an increase in money velocity. Fed knows they can’t cut rates and may be forced to raise rates again.
    2
  310. Look at shadowstats for real inflation figures, more than double of phony Fed calculations.
    2
  311. I'd like to issue a trillion dollar of bonds at zero percent interest to be paid back over 50 years.
    2
  312. Google doesn't work for me. It's always pushing paid sights. I now keep dozens of favorites so I never lose sites I like.
    2
  313. Oil prices have limits as been proven over and over. There’s at least 60 years of available oil in the U.S. Oil availability depends on price. Higher prices creates more production until the bubble pops.
    2
  314.  @ravenkk4816  There's plenty of warnings U.S. stock market is an asset bubble fueled by the Federal that is going to drop. But the stock market is not the economy. The U.S. economy can grow with rising employment while the stock market falls into a more normal trading range.
    2
  315. The only thing the Federal Reserve has done since it’s inception is create inflation.
    2
  316. All the politicians have to do is reserve all tax writes offs for single family homes to owner occupied homes and builders of homes. 25% of all housing is owned by investors because they get more tax write offs than homeowners.
    2
  317. Preview of life in Hell
    2
  318.  @KenHuyn  A minority of White people point fingers and blame China. Most of us realize how corrupt and off base our governments are.
    2
  319. Bush Sr. was actually an excellent President. He was fiscally conservative and worked with both parties and all countries of the world. He was undermined by Republicans for his fiscal conservatism. He wasn't a showman so he lost the election. He set up things so Bill Clinton could get an almost balanced budget.
    2
  320. As long as someone owns a stock, they should be allowed one contract per stock they own and that's it.
    2
  321. At least Xi shouldn’t be in a nursing home.
    2
  322. Trump tried communism, but no one in power would go along with overthrowing a free and fair election. Good thing the election is run by 50 different states that believe in the vote over their own personal agenda.
    2
  323. Brandon Reed Great for Wall Street investors, while everyone else will be holding the bill.
    2
  324. Chris Gilliam Man Stuff You obviously have no idea how a free market capitalist economy is supposed to work. It's not a casino that always pays out. There is supposed to be winners and losers. There's a reason for bankruptcy. The Federal Reserve is on the road to destroying the value of the dollar. Have you even noticed the prices of essential goods going up, lately? You won't be buying any 5 cent apples like in the Great Depression.
    2
  325. Kennedy removed the nukes as a quid pro quo with Russia to remove nukes from Cuba. Who's the idiot President that put them back?
    2
  326. It's warm in Texas, they can keep the excess patients outside in tents.
    2
  327. A wealth tax is the only fair tax. Start by taxing 100% of inheritance over 1 million dollars, let the dead pay taxes.
    2
  328. Federal government bonds are bought directly by the Federal Reserve, there’s no free market. The real inflation rate is double what the Federal Reserve says.
    2
  329. JMB To learn what to do, the opposite
    2
  330. Please, its Trump's idiocy and ignorance. As an American, I'm embarrassed and saddened by what Trump is doing to screw up trade.
    2
  331. N Hinton Very true, I was trying to be polite.
    2
  332. Just don't stand your ground or you'll wind up underground.
    2
  333.  @franneal5447  The U.S. should not have any bases in Europe because they can defend themselves. The has no business in the Middle East because Israel is the only democracy and they can defend themselves. We should never have been in Afghanistan because the majority of people never wanted us there and still fight our attempts to change their culture. We could get rid of two thirds of the military budget and it would have zero effect on the U.S. national security.
    2
  334. Bernie has a career of being an ineffective loudmouth, but people wanted him. It's unfortunate he was cheated out of the last election. That's caused an extremist shift to the left in the Democratic Party that rails against any moderate voice, so we'll have an extreme left wing party platform. The middle class will reject that platform and guarantees Trump will win again.
    2
  335. Just like in 2007, should've waited until 2008.
    2
  336. Less expensive lab grown or lab grown with contaminants to be exactly like mined.
    2
  337. Benny War is crazy, simply limit trade with dictatorships like China, Iran, Russia, North Korea, etc.
    2
  338. All loyal Trump Republicans need to do the opposite and put all the money they can in the stock market.
    2
  339. Oil will still be in the ground owned by someone, equipment of bankrupt companies will be resold and when the price of oil goes up, drilling will start again.
    2
  340. Good luck, but it might be good to call a doctor for an experienced opinion.
    2
  341. Believe in Trump! A great buying opportunity!
    2
  342. Trump's idiocy seems to be hurting the rest of the world more than the U.S. right now. Possibly because China and EU already have lots of unfair trading laws so they're just getting it turned back into their faces. I say that even though Trump disgusts me and he may bring down the world trading system, leaving an economic wreck behind.
    2
  343.  @superdarklink  You think the economy is good right now? Do you even live in the U.S.?
    2
  344. No, the Fed can't distribute money equally, that would cause the wealthy to work for their money and might give the unwashed masses a chance to get out of debt slavery.
    2
  345. China did better than the U.S. in 2008, since then and right now. I don't think you argument has merit.
    2
  346. Shadowstats shows inflation is currently at 13% based on pre-1980 calculations. That means it would take 14% interest rates to quash inflation.
    2
  347. Funny how inflation is calculated. Needs a different name.
    2
  348. Debt is causing out of control inflation in the U.S. Most prices are up 20% to 50% in the last two years no matter what the government lies are.
    2
  349. ALEX JOSE That's capitalism. New businesses will rise on the burnt ashes of failed corporations.
    2
  350. arney444 Your rant makes no sense.
    2
  351. Isaac Dozier Billions and trillions to bail out badly run corporations, but they treat human citizens like garbage. Apply for a job where? We get to a certain age and most of us aren't physically able to work in an Amazon warehouse or grocery store. Where were the Democrats on forcing the Republicans to loosen up on unemployment rules? Boeing got $70 billion. What an expensive joke! There was no vote in the house because the Congressmen didn't want this bill to be used against them in the election. I'm ready to vote against anyone currently serving in the House and Senate.
    2
  352. Defines the reason why we need Glass-Steagall Act back.
    2
  353. Nonsense
    2
  354. That's because Europe didn't sell their industries to China on the cheap.
    2
  355. Everything is being inflated, even gasoline, which was going down. There is nothing getting cheaper right now.
    2
  356.  @mubashir8390  I’ll believe it after it happens. For about 8 months, every 4th or 5th week there has been a big jump in asset purchases (corporate bonds used to buy corporation’s stock and mortgage backed securities) by the Fed. My guess is Biden is pressuring Fed to keep it up until next election. If I’m wrong, I’ll wait until after rate hikes are done before venturing into stocks again.
    2
  357. Squeeze those short, squeeze those shorts, squeeze those shorts! Rah!
    2
  358. We have 20% to 25% more currency now than a year ago. There is inflation and inflation will get worse as money velocity accelerates to what it was before. The idea that imports will not go up with so many more dollars floating around is a complete fantasy.
    2
  359. No, they simply need to sell their properties at market rates… 25% of what they paid for it.
    2
  360. Covid vaccination killed him?
    2
  361. $20,000 per person Federal Reserve dollar creation. The average person got less than $1000 with $19,000+ going to corporations (the rich). No wonder China is kicking our economic behinds.
    2
  362. That doesn't include the hundreds of thousands that can't apply for unemployment because state systems are overwhelmed.
    2
  363. If the Federal Reserve really believed there is a shortage of goods, they would be reducing the quantities of dollars so supply would equal demand. Since the opposite is happening, the Fed officials want to increase the value of their stock portfolios.
    2
  364. Saudi Arabia is the only producer who can produce profitably at $25 a barrel. Get real. If oil does drop under $25, oil will go over $100 a barrel when the economy recovers.
    2
  365. Amed Sayed You underestimate how dependent American industry is on China right now. Both economies would crash.
    2
  366. WeWork goes under, SoftBank goes under, Goldman loses $10 billion, other banks go under...
    2
  367. They may be given Federal Reserve milk money. The Federal Reserve said it was buying bonds from individual corporations.
    2
  368. Does anyone trust the government and Federal Reserve?
    2
  369. France needs to trade farmland for British fishing rights.
    2
  370.  Chip Thomas  Gasoline prices are up 50% from a year ago. Lumber prices deflated so they’re only 75% higher than two years ago, great deflation. Everything everywhere is going up in price. Inflation in one sector is causing inflation in another sector. We are caught in an inflationary spiral that can only be cured with interest rates higher than inflation.
    2
  371. Whatever happened to allowing a turn down to clear out zombie companies and end bad speculation?
    2
  372. Moritz Sandritter That's exactly what the Federal Reserve is doing in the U.S. and inflation is increasing at a frightening rate. Major Appliances are selling 15% to 20% higher than they were a year ago. Construction materials are way up. Food prices are going up. Stocks are going up without any increase in profits with PE ratios similar to before 2008 and 1929. Retail stores have been closing at a rapid rate. Thousands of shopping malls haven't had their asset values adjusted down by banks, many are being shut down. Manufacturing is in recession. U.S. auto manufacturers are shutting down much of their automobile lines, trying to focus on selling higher profit trucks and SUV's. The highest priced homes have dropped substantially in prices. This is an economic disaster In the making thanks to the Federal Reserve's policy of no small recessions to clean up excesses and Trump's anti-trade policies.
    2
  373. British EITC Corporatist Corporations can issue stocks, bonds or go bankrupt like GM, then be reincarnated to live again. Corporations don't need additional handouts.
    2
  374. Farmers need to be cut out of their permanent welfare mentality. It costs the world too much to keep these bad business people in business. Let the market decide.
    2
  375. Cary Clan I worked at Sears headquarters 40 years ago, saw how backwards thinking and self-serving the management was and left.
    2
  376. Teringventje I believe businesses should be building their businesses, not pumping up the share prices for executive compensation, leaving a highly in debt corporation.
    2
  377. Under 1970 CPI when ‘replacement’ items weren’t allowed, inflation would be double.
    2
  378. Oil is unlikely to go higher if the strategic oil reserve is used.
    2
  379. Wrong.
    2
  380. No democracy should have open trade with Communist China, the cost to national security is too great.
    2
  381. Russian bot
    2
  382. Armco is a quasi-government oil company. It would be a difficult sell in an open market.
    1
  383. Corey Ham Crash already happened. I'm not saying they're going to save the economy. All I'm saying is money from the Fed is propping up the stock market via the Fed-bank-bank owned investment firm link to save the wealthy and bankers.
    1
  384. Sometimes rate cuts do nothing for the economy because savers get penalized while people who are overextended are allowed to get more overextended, adding a lot of risk for a big crash, like in 2008.
    1
  385. Miguel Moreno The Fed is a creation of Congress. The know if they don't play ball, the Treasury will take over and that will be the end of the Fed.
    1
  386. These products are for sale, people just don’t want to pay up to double the price from a couple years ago.
    1
  387. Trump is a criminal, he can’t win independents so can’t win the presidency.
    1
  388. If you're a communist or a fascist, you believe the government is illegal. Luckily, the majority of Americans believe in the right of people who vote and if we don't like it, we'll try someone else next election.
    1
  389.  @beckkavenia3769  I feel very sorry for you not having faith in the thousands of patriotic poll workers, poll watchers, ballot counters and court systems in our 50 Republican and Democratic states to make sure our democracy works.
    1
  390.  @beckkavenia3769  You're like Donald Trump, try insulting someone and call them your friend... and that's one of the reason Trump was a failure at being President and lost the election.
    1
  391. Trump is the one ruining America with screwing up international trade and running up deficits without a crisis.
    1
  392. Ivy League schools do has a history of creating graduates that eventually destroy businesses once they get in top management positions. They are all about pointing fingers, trying to get others to do work that they themselves do not understand, hiring buddies, not investing in the future of the company, short term profits and only caring about what they will get out of it.
    1
  393. Inflation in the U.S. is rising because productivity has dropped while much more currency is created. There's nothing to back the additional currency so we have inflation.
    1
  394. She could propose removing all tax deductions for single family homes from anyone except builders of homes and owner occupied, but that would make sense.
    1
  395. And you are going to stop hurricanes, floods and limit home repair contractor prices… just how?
    1
  396. And no realistic possibility of any replacement in the future. The Euro tried and failed.
    1
  397. Other countries are printing even more money than the U.S. All currencies are losing value.
    1
  398. DuckTalesWooHoo1987 Thanks for the idea. The next time I get a damaged package I will photograph it.
    1
  399. He's a buffoon and a narcissist, but the economy keeps chugging along.
    1
  400.  @nikhilnewse3318  90% of the tax cut went to the top 10%. 100% of the tax cuts could have gone to the bottom 10%. The wealthiest people have lots of tax write offs so some of them pay almost nothing in taxes. Biden just started today by using executive orders to set up accelerated vaccination production and accelerated vaccine distribution. The Democrats were the minority party under Trump and had to accept what they could get. So much for the "sleepy Joe" terminology Trump and his supporters used. And once again the Republicans are trying to stop the spending the economy needs to get going.
    1
  401. Australia has nothing to lose and lots to gain since 81% of advertising goes to Google and Facebook.
    1
  402. I think Truman was the last decent Democrat.
    1
  403. No crash as long as Federal Reserve continues the parabolic creation of trillions of dollars.
    1
  404. Inflation will continue to go up as long as interest rates stay below inflation rates. Federal Reserve doesn’t seem to care about inflation, but cares about keeping stock prices inflated.
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  405. What do they care? They are backed by the FDIC and Federal Reserve so, jf they're wrong they don't go out of business. But what he says is just plain stupid.
    1
  406. That's a lot of money to fall short by, and no relief in sight.
    1
  407. The higher the price of oil, the more U.S. oil will be produced. The lower the price of oil, the less U.S. oil will be produced. OPEC does not control the price of oil. Fracking with horizontal drilling will allow the U.S. to produce as much oil as it ever produced. Production is only limited by price.
    1
  408. You're just trying to twist around what Trump actually did to Obama's policies.
    1
  409. Deepseek is very narrowly focused. It’s a progression in LLM models, but it isn’t what people are making it to be.
    1
  410. Inflation for essentials, deflation for non-essentials.
    1
  411. Oil is dropping because of increases in energy efficiency, natural gas production, increases in cheaper renewable energy and a slowing world economy.
    1
  412. Harvard is a clown show. My sympathies go with the children and Americans killed by Hamas.
    1
  413. The United States (Trump) is simply responding to the unfair and illegal tactics Communist China is using to steal or extort technology from the West. The Western economies are being drained by China. The working class in the United States is barely making it. The false narrative is told by the old guys from Wall Street constantly bringing up the Great Depression which was caused by tightening money, not tariffs. We were saved from a depression in 2008 by the Federal Reserve making money cheap and Congress spending money. Wall Street just wants to line their pockets by selling out the American worker and don't care one bit about the suffering of the poor and middle class.
    1
  414. Everybody is going stir crazy and will go out and spend money as soon as they can.
    1
  415. The wrong assumption by economists is the U.S. is isolated from demand from the rest of the world, it is not. A 20% increase in dollars means the dollar is worth 20% less unless the U.S. economy is 20% more efficient and it is not. Once economic activity returns to the U.S. and the world, there will be more dollars chasing at most the same amount of goods as before the pandemic with less efficiency than before the pandemic.
    1
  416.  @vietimports  Check the prices of houses and cars from 40 years ago, costs are 3-4 times as much. 40 years ago there were still dime stores, today there are dollar stores. In the 1970’s a new Corvette could be bought for less than $4000. My first job at McDonald’s paid me $1.60 an hour… that was almost 50 years ago. I obviously have the advantage of having lived through the last 60 years and seen how bad inflation is.
    1
  417. There's debt because of the way the money system is set up. The Treasury needs to take control of the dollar and simply create the money necessary to keep the economy going without counting it as debt. Treasury can limit inflation by limiting the creation of money when inflation goes up. The only reason there is any national debt is because of accounting and giving authority over currency to the Federal Reserve, which is not part of the Constitution. The way the dollar is created through the Federal Reserve primarily benefits the wealthy and harms the average person.
    1
  418. Bio lab containment is tricky, abad filter or improper waste disposal and a virus is out.
    1
  419.  @joaopedroraffo7964  The problem in the U.S. is corporations have been allowed to become monopolies or oligopolies. No real competition, no where else to go, high prices and bad service.
    1
  420.  @joaopedroraffo7964  There is this called antitrust which has not been enforced in the U.S. for the last 50 years. Antitrust exists to keep markets competitive and open. Having a few corporations dominate markets does not allow for competition.
    1
  421. Not true, a slow taper and slow rise in interest rates will not cause a crash. It’s more likely high inflation will destroy the economy.
    1
  422. Once inflation starts, it does not simply go away. Inflation only goes away when interest rates are raised above inflation and kept there until the currency (dollar) stabilizes or goes up.
    1
  423. Trump stole top secret documents to use to get influence, he is the traitor.
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  424.  @phillip76  The fact is the U.S. supports Japan, South Korea, India and other democratic countries which are not European. The U.S. stands against the communist government of China, not its people. Millions of Chinese and other Asian people live in the U.S.
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  425.  @phillip76  United States is not a White/European country, the United States is a country of people from mixed heritages and immigrants from all over the world. Your ignorance of the population of the U.S. is overwhelming. Did you know the entire Southwest was once Mexico?
    1
  426.  @walden6272  200 years ago.
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  427.  @walden6272  No, it’s not the same country that was established over 200 years ago. There have been multiple Constitutional Amendments… ending slavery, all adults have the right to vote, no more poll taxes, we are more than a confederation of states with a central government that regulates commerce and provides for common defense. It seems like you know nothing about the United States nor its history.
    1
  428. More Republican debt and money creation will crash the dollar and light a fire under inflation. Anyone who thinks we can print dollars into infinity without consequences in living in LaLa Land. Is this the last chance for more Republican theft?
    1
  429. I believe you were talking about Trump's administration.
    1
  430.  @raerncornerproduction6073  Biden just started so that's an obvious lie.
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  431. U.S. unlikely to crash. Inflation will continue to be high, but there’s no indication of an economic drop in major cities.
    1
  432.  @blackknight4996  Funny, we have miles of bumper to bumper traffic for hours going from downtown Chicago to O’hare airport every Thursday and Friday afternoon to evening.
    1
  433. Inflation 3% - 5% is there. Maybe 8% to 12% inflation will be the problem.
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  434. I hope everyone in the U.S. will enjoy being debt slaves.
    1
  435. It’s likely we were at the bottom of the recession a year ago and are starting to get out of that recession.
    1
  436. Unlimited currency is the new norm until the next election.
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  437. Glad U.S. will stop subsidizing European security. Europeans that have a larger population and economy than U.S. We subsidize European security so they live better than us. Foreign wars are bankrupting the U.S.
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  438. The Fed does its job as best it can. The problem is Congress and the President deficit spending money, passing lies like "Free Trade" with communist China and giving up sovereignty to international corporations who develop countries other than the United States.
    1
  439. 20% price rises in the last 2 years, so expect another 20% to 30% price rises in the next 3 years. So everyone’s dollars will be worth 50% less. Poverty will be everywhere.
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  440. Saddam Hussein, Osama Bin Laden and others thought the US was a paper tiger. It's hard to know the power of the US military really is because contractors are ripping us off. But still, it's the most powerful military in the world. If Donald Trump is a lying windbag, you are right. If Donald Trump is a desperate criminal that will do anything to stay in power and out of jail for the rest of his life, then you will be wrong.
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  441. So true. People get crumbs in either way.
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  442. It's not all fear mongering. It's too late to contain the Coronavirus. No one has immunity. There's a 2.5% death rate with healthcare. The death rate will be much higher in rural areas where we all get our food from. All that can be done is to slow the spread so hospitals don't get overwhelmed.
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  443. Treasury only lacks revenue because wealthy and corporations don’t pay taxes like the working middle class.
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  444. Excess borrowing by big corporations proves interest rates are too low.
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  445. The Federal Reserve will 'buy' Treasury bonds to infinity to keep rates low. That also forces down the value of the dollar
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  446.  @salperalta916  100 years ago $20 bought an ounce of gold. When I first started working minimum wage was $1.60 an hour. That should tell you there's always inflation. Prices seem to be doubling about every 30 years. Inflation is probably faster now with government spending going up by trillions of dollars every year.
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  447. S O True about the Caliphate.
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  448. They could propose taking away all tax deductions from anyone except owner occupied homes and builders, but that would be easy and make sense.
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  449. Europe and the United States opened up trade to China with over a billion impoverished and desperate people, what did they expect would happen? Of course the West would become poorer and China would become wealthier because of their massive cheap labor. The thing the West didn't count on was China would immediately embrace mercantilism and education as it had in its historical past and throw communism out the window. It all happened in my lifetime and I'm amazed at China's success and change to a modern society as I am amazed at my own country, the United States, willingness to let 90% of its population suffer so the wealthiest, especially the 1%, walk away with all the wealth created by trade with China. Please don't blame the Chinese for working so hard and being patriotic.
    1
  450.  @method341  Japan has a positive balance of trade and the U.S. does not. Japan’s national debt is completely internal, unlike the U.S. debt.
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  451. J.F O.V We impoverish more people!
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  452. J.F O.V It should be an obvious fact, as Eisenhower pointed out before leaving office, that spending money on armaments takes away from spending on other economic necessities. The more wars and Pentagon spending, the poorer people in the U.S. become, except for the Pentagon contractors.
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  453. Why isn't the IRS investigating this guy?
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  454. All the players are the same, why would anything change?
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  455. Top 20% doing okay in U.S.
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  456. Tina Beshers Lots of people in the country are hurt by Trump's tariffs on China, like every poor person buying at the dollar stores. Chicago's Chinese parts for its new rail cars are going up 25%, millions of dollars of more costs. How about cutting all those people checks, just like farmers.
    1
  457. Tariffs don't hurt the U.S. economy, it's Chinese abuse of the trading system. U.S. companies can't operate in China without turning over their technology and business secrets. What kind of trading partner is that?
    1
  458. Countries and states who believe in free markets will not cut oil production, and us consumers thank them. And bankruptcy is part of capitalism.
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  459. Fed says that’s a 5% increase because it only allows single digit inflation, 20% is dropped off.
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  460. Biden sickens me about 70% to 80% as much as Trump, but he still has 3 more years and his greatest achievements will soon be behind him.
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  461. The real problem is people's feelings of entitlement. That about covers everyone.
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  462. Watching on my iPad, will replace old iPhone 6 when iPhone 14 comes out.
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  463.  @akashgjoshi  If there were no savers, we no longer have a capitalist economy because all money would be borrowed from the quasi-government agency called the Federal Reserve, like in a fully national socialist or communist economy. In a capitalist economy, money has value and private parties borrow money from others in the private economy. In case you don’t know, there’s a thing called “The Federal Reserve Act” so it’s not a private entity.
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  464. You mean corporate security to enslave Americans.
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  465. Federal Reserve creating $4.5 trillion since last year is really incompetence. More dollars during a time of shortages has driven inflation to historic levels, 13% by pre-1980 inflation calculations. Of course, wealthy people like Biden and Powell benefited tremendously by having their stocks get driven up to historic highs. The rest of us pay through inflation.
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  466. Is that why the top 1% became so much wealthier in the last 4 years?
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  467. Gary Oakham Better to short the market or buy gold at the appropriate time IF things turn down like before.
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  468. Crashes aren't fantasies, they do happen fairly regularly.
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  469. Gary Oakham Good question. I wish I had a bug to listen to and know what the Federal Reserve fears and plans to do. Right now they're pushing as much money as they can to keep investors flush with cash while protecting banks from their bad investments. As long as the price of oil stays low, things shouldn't implode. The problem is the U.S. oil sector is loaded up with a lot of debt that needs to be serviced. This indicates (to me) that oil is priced too low for U.S. oil operations to continue as they have, so oil will start rising significantly by May 2020. That's my best guestimate.
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  470. Cheap money goes into hedge funds, banks, then corporations. They do the dirty work that Fed can’t do directly.
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  471. Losers gravitate to the extreme left and extreme right to get angry at and blame someone other than themselves for being broke.
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  472. 1990notch The leaders of the right hide their agenda, which is to maintain a wealthy elite at the financial expense of every other American. They've done an excellent job for themselves by moving our manufacturing base to China, paying low or zero taxes and getting the Federal Reserve and Treasury to bail them out when they screwed up like now.
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  473. Jay Pay China absorbed the inflation from the money printing binge of 2008. There's nobody going to that for us this time. I've noticed an unpleasant rise in prices in the last year that picked up since the beginning of 2020. Once oil hits a bottom and comes back up, inflation will blow up, so says my crystal ball.
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  474. It’s okay to create more money if GDP grows with the money supply or efficiencies in the economy increase. China has done both.
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  475.  China Lies  The U.S. has paid for itself during the last 50 years through debt and losing its wealth. I’m old. In the 1960’s the U.S. made up around 50% of the world GDP and was the largest creditor nation in the world. Politicians and the wealthy sold out our manufacturing to China. We are down to around 20% to 25% of world GDP and are the now the biggest debtor nation in the world. We still produce a lot of oil, natural gas, lumber, food, technology, financial products and military weapons. Half the country is in poverty or living pay check to paycheck. Inflation is taking over as the purchasing power of the dollar is dropping, I remember this is how inflation got out of control in the 1970’s. Sad, sad, sad.
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  476.  China Lies  Greed, greed, greed... 90% of the wealthiest Americans feel they are above normal people. I say that based on my own personal experience based on working for them when I was young. Trade is fine except most of the benefits of trade in the U.S. go to the corporations and wealthy. There is an anti-union culture among a lot of people running businesses and people who think they can make it on their own so unions are blocking their way. Maybe it’s from the myth perpetrated by Hollywood of the guy making it on his own without help. That myth hurt me financially when I was young. There is also a cult of Christianity which tells people that they are downtrodden, it’s their own fault, but giving 10% of their income to the church makes them closer to Jesus. Which also explains declining belief in Christianity. Now, a majority of Americans know the system is rigged against them. The reality is there is a two faced, one party system of serving the needs of banks, corporations and the military industrial complex in control of the U.S. with politicians getting ‘political donations’ and jobs for friends and relatives. I’m 63 years old and worked my way up from poverty to financial security so I’ve seen what’s going on and where the U.S. is heading. My first job was at McDonald’s at $1.60 an hour and there were 10 cent stores. Today minimum wage is around $13 an hour and cheap stores are dollar stores. I see prices doubling in the next 10 years because of the decline of the dollar and our lack of productivity due to a lack of skills, education and drug use. I should also mention there are lots of costly lawsuits and theft by employees draining the economy.
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  477.  China Lies  Also, not all colleges are super expensive. In-state tuition is much cheaper, the best students and athletes get scholarships to pay for almost everything. Medicine is so expensive because many people like illegal aliens or other poor don’t pay and people like me who have insurance and pay their bills pay for those who don’t.
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  478. "All is as it was before, many such journeys are possible." A few of us keep aware of what happened before and realize it's happening again like before the Great Depression with the mixing of banks and investment firms.
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  479. V8 Man It's the Republican Party that embraces communists, starting with Nixon and Communist China.
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  480. Sociopath
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  481. Visit China or watch YouTube videos. Their physical economy is way bigger than the US economy. We float paper in this country.
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  482. The Federal Reserve has been creating too many dollars for years. Powell was renominated so nothing will change. Expect more dollars being creating, more inflation, more of the same. The only way to get inflation under control is to raise rates above inflation. That will not happen.
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  483. No he's not. Half our economy depends on China.
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  484. Screwed
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  485. The potential impact of out of control climate change is an end of world scenario where all costal cities are flooded out, uncontrolled immigration and disruptions in food production causing mass starvation. Financial crisis can be fixed with creating money out of nothing and distributing the money all over the place.
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  486. X GNU Bio No, CO2 and methane are overwhelming natural cycles. The world would be heading towards an ice age if people hadn't interfered, an ice age would be worse at this point.
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  487. Lumber 8’ 2x4’s went from $3.48 to $5.48 in the last month, went to store today to see for myself.
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  488. Nvidia will continue to benefit with AI competition because companies will need faster processing to compete, both create and provide services for new models. It’s a very large world that doesn’t want to be left behind.
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  489. Cathie is a complete space cadet that lives in an alternate fantasy version of reality. Federal Reserve is creating too many dollars that the economy can’t efficiently use, too many cheap dollars keep zombie corporations afloat, too much government and too little support for innovative new small businesses. Inflation is massive and here to stay.
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  490. Chinese steel is often substandard and unlikely to pass inspections.
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  491. They're not passing the bill because it's a big cash giveaway to the big corporations and executives who created this crisis by borrowing money to buy their own stock and pay themselves bonuses instead of investing in their own corporations. They can issue bonds and stocks. If that doesn't work, they go bankrupt. If they're too big to fail like GM was in 2008, they get recreated as a new business entity. It's the middle class that pays for all this in the end.
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  492. Saying "cash is trash" is debasing the entire capitalist economic system... and this is supposed to be a leading capitalist.
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  493. Let the Federal Reserve keep expanding its balance sheet to infinity!
    1
  494. AI is best at fun and prototyping because it’s still error prone. AI will soon be useful and essential, and replacing a lot of repetitive office jobs.
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  495. No, cities just raise taxes on everyone.
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  496. KingJustice98 $25 is the most efficient frackers, most in the U.S. produces at a higher cost. Most of them are not hooked up to a pipeline so add the cost of truck and rail transport. Exploration will grind to a halt if prices drop to $30.
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  497. NotMyName Yes, the U.S. has as much recoverable oil as it's produced in the last hundred years. Price is the only thing holding back production.
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  498. Inflation is falling, gasoline went up 20% in the two months since it bottom.
    1
  499. It's called stability. If currency isn't worth holding onto, it's value will quickly deteriorate. Enjoy your economic life of ever increasing inflation, and going through booms and busts.
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  500. Tony L Would you keep the dollar as a reserve currency, if it started losing value in double digits because of so much money creation?
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  501. Multiply Chinese figures by 70 times and you may have the real numbers.
    1
  502. All we’ve heard for months about how inflation will slow down, instead it’s increasing.
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  503. 16% real inflation fought with .25% rate increase, only 64 more rate increases to cool inflation. Federal Reserve supports stocks, lets everything and everyone else burn in the fires of inflation.
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  504. Zuckerberg is lying. All information can be tagged so Facebook knows where which service provides the news and who on Facebook shares it.
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  505. Most people in the U.S. benefit from lower oil costs. It's big oil states (Republican) like Texas, Oklahoma, Alaska, North Dakota, etc. that lose.
    1
  506. Failure is essential to free market capitalism. If a corporation is too big to fail, it’s too big to exist and needs to be broken up.
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  507. The wealthy elites couldn't sell out America fast enough to make themselves richer.
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  508. Biden administration is great at pointing fingers and not taking responsibility
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  509. The U.S. needs to try to open up the economy. We can't wait a year or more until the first wave of this pandemic runs its course. If hospitals start getting overwhelmed, close things down again until hospitals can handle cases again. The longer the economy doesn't run right, the longer it will take to get it moving again.
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  510. Steven Hughes The entire system is to funnel tax dollars to the wealthy, minimize their taxes and dump the costs on the bottom 90%.
    1
  511. Trump administration gave money to large corporations, not small businesses.
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  512. Trump will call out Harris on her socialist economic policies and hypocrisy.
    1
  513. Yes, stopping corporate welfare.
    1
  514. Tesla is a tiny auto company that will be squashed by the big auto companies as soon as they see a market. Teslas are too expensive and too inconvenient to maintain outside of warranty. How many people will want a car that will be essentially worthless in ten years?
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  515. Vsevolod Sergienko Supply chain disruptions are about to hit food. Wonder what will be left of the economy when the epidemic peaks in June. I never imagined a downturn so hard and fast in the entire world driven by a pandemic and popping of a stock bubble, among many other problems.
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  516. Covid is likely from a bat brought to the lab. Beyond that, nobody knows.
    1
  517. Amazon does nothing previous companies hadn't done, they're just more efficient at what they do. I used to work at Sears headquarters in the 70's, Amazon is no more ruthless to its suppliers and competitors than Sears was. Sears fell because management became bureaucratic, stodgy, greedy and old thinking.
    1
  518. @ResistanceofNWO I won't blame Trump, there have been several (figurative) zombie apocalypses in my lifetime and many before in many places. It's a messed up world filled with messed up people.
    1
  519. ugggggh000333 Thieves won't get away with it because Amazon tracks as deliveries are made by the photograph that's uploaded as packages are delivered.
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  520. Another trillion dollars from the Federal debt will boost the market.
    1
  521. Joshua Allen You are absolutely right. Keeping interest rates too low all these years allowed corporations to buy their own stock and devalued the worth of the dollar, along with Trump and the Republicans running huge budget deficits. This reckless irresponsibility caused the debt crisis we are now in. All this money printing and deficit spending at a time when there's falling demand and supply chain disruptions is plain stupidity. Timing is everything and the leadership is mis-timing everything. Too much too soon. The Republicans fight for the rich corporations to get money and the Democrats fight for the average person. Good luck in your future and always keep an open mind to learning.
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  522. President NotSure if Trump and the Republicans are voted out and the Democrats develop a backbone, then the middle class and poor have a chance.
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  523. Brian Tweed The United States can't afford to run the world any longer. We need to get out of NATO, the EU has an economy bigger than ours. The Asian economies outside of China have enough wealth to unite and protect themselves. The Middle East has always been a mess, we can't make it better. The cost of the eternal war in Afghanistan is bleeding our wealth. We should never have opened up trade with China, we should never have allowed our industry to be sold on the cheap overseas. But the boat has sailed and we need China as its now integrated in our economy. We just have to deal with it as well as we can.
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  524. Brian Tweed I've read and viewed all that you mentioned. What shifted my thinking was all the positive contributions Chinese companies have made, including many well made products and thousands of patents. China will build its military, but there's no reason for military conflict, especially with the U.S. because of mutual assured destruction.
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  525. David Russell Nothing ever changes. The elites used to be the Royal families (like in the Middle East), but they are all the same; loyalty to your wealthy class and kind. 90% of elites have zero patriotism and no care for the bottom 90%. That how industry got sold on the cheap to China, people in the U.S. got their pensions stolen and how most workers in the U.S. have to compete against the poorest workers in the world. It was all done for the purpose of enriching the wealthiest and keeping everyone else downtrodden.
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  526. Women have a right to life, what a concept!
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  527. Agree, the only way the U.S. can keep the economy going before the next election is by printing money. Of course, that was tried with Bush, but the economy crashed anyways.
    1
  528. Kylie is amazing to connect to so many young women.
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  529. Over 100% gas inflation year over year, but Fed says it's 2% inflation.
    1
  530. Nonsense, Republicans could have passed the House bill, they didn't.
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  531. Wouldn't it make sense to eliminate having more than one derivative per stock.
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  532. Go to China cities and you will see how the country is immensely larger and more modern than the U.S.
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  533. No growth until there is a wealth tax, higher corporate taxes and a major tax cut for the middle class.
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  534. No more Federal Reserve Notes. Federal Reserve needs to be ended because its abused its powers to save businesses which should go bankrupt. Bankruptcy is a part of the Capitalist system. Currency needs to go back to being Treasury Notes. The Federal Reserve helped make this crisis worse by keeping interest rates too low for too long simply to prop up stock prices. We need another Glass-Steagal Act to force banks to be more honest. Their inflation figures are lies with their 'replacement' items saying one product is equivalent to another. The people paying for all this money printing and propping up the financial sector is the average taxpayer.
    1
  535. Sky King The second year was when the Spanish Flu went out of control.
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  536. Biden needs to work with Republicans for boarder control so aid gets passed.
    1
  537. There's nothing backing bitcoin except the illusion of scarcity.
    1
  538. Real inflation is around 5% to 6% and rising. Gasoline prices have come up over 10% since bottoming out 6 weeks ago, in case you haven’t noticed.
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  539. Lonnie Dobbins III It didn't start with the Republican Clinton wearing Democrat clothes. Nixon opened up trade the U.S. and all the Presidents since then, except Trump, increased trade with China. Of course, it's Congress that passes the laws that destroyed the middle class. I hate Trump, but I'll give him credit for one thing.
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  540. Ray Lanza Say that in another month. Trump is overreacting to the Coronavirus and had the Fed cut rates at the wrong time.
    1
  541. Biden did more in the first day in office to improve Covid vaccine distribution than Trump did in the last year. I guess that makes Trump a zombie.
    1
  542. That’s why Egypt was happy to unload Gaza to Israel
    1
  543. I hope I'm too tall to fit, so I don't buy it
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  544.  @mondcivitano7097  Dollars sitting in a desk draw are not being used efficiently.
    1
  545. China’s claims in South China sea is a problem.
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  546. Maybe a million dollar bitcoin.
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  547. Absolutely
    1
  548. It is that simple.
    1
  549. Will the Republicans cut the budget when they get in power? They’ve also always increased spending because there are few, if any financially conservative Republicans left.
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  550. @Financials I’d start to worry if 10 year yield goes above 2.5%.
    1
  551. Trump started the high tariffs
    1
  552. Tightening money will hurt the wealthy and help suppress inflation for everyone else. Fed will support the wealthy and trash the economy.
    1
  553. Fair trade is a fantasy. Politicians are totally corrupt and disloyal to their country and people that elect them.
    1
  554. I'm starting to think of what I'll need 3 months out from now.
    1
  555. Only a currency backed by an independent central bank supported by law or laws of countries could replace the dollar. Leaves China out. The Euro doesn't even reach that mark, so how will it happen?
    1
  556. Was the epidemic started in Wuhan when lab meat was sold into the wet market by the employees of the lab?
    1
  557. yak fisher The Republican President Nixon opened the door to China.
    1
  558. Yang Zhao You mean our liquidity crisis here in the U.S.?
    1
  559. Me too
    1
  560. Jeff Elkins Republicans just created over $3 trillion in budget deficits so far for this year. Enough said.
    1
  561. Jeff Elkins The economy has been in a debt crisis for months because of huge deficit spending Trump and Republicans, and excessively low interest rates by the Federal Reserve. The pin that popped the bubble was this virus pandemic. We were living in an economy floating on debt. Now we are living the crash from this debt bubble.
    1
  562.  @seanyun6816  Look what happens to the wealthiest Chinese, they get disappeared and their assets get stolen by the CCP. Now any foreigner would have to be an idiot to invest in China.
    1
  563.  @matthalves2990  Your comment makes no sense.
    1
  564. The U.S. Federal Reserve that just bought (created) 2 trillion dollars of debt to lower interest rates to close to zero. Does that make non U.S. bonds safer because their countries did not create so much money?
    1
  565. Only an idiot or liar would pre-announce a law enforcement raid; take your choice on which one Trump is.
    1
  566. 90% of dollars are digital. There simply aren't very many paper dollars around. The question of Robinhood is why uncovered shorts are allowed. Anyone in the middle class and poor knows there is inflation. Smaller or less quantities in packages, housing, automobiles, food are all higher. Major household appliances and building materials are up 20% in the last year.
    1
  567. Nobody is forced to buy an iPhone. Android is available to anyone.
    1
  568. Apple has a monopoly on its own product line, like doesn’t that apply to every company’s product line?
    1
  569. A rise in rates will hurt the investor class, but save everyone else from massive inflation.
    1
  570. John Deere has real products used in farming and construction.
    1
  571. Kyle Alexander The Chinese version of 'keep the powder dry' probably goes back to the time when they invented gun powder.
    1
  572. Pro Putin Republicans seem to be getting their way in supporting Russian invasion of Ukraine
    1
  573. It's Congress and the President with their massive deficit spending, bad trade bills, socialist farm spending, socialist Pentagon spending, etc. The Fed can only put on bandaids.
    1
  574. R13h D Saudi Arabia always maintains extra capacity and has always been able to deliver oil when they said they can. I doubt this time is any different.
    1
  575. Somebody needs to pay taxes, why should the middle class workers always be burdened.
    1
  576.  @gcorpstrategies8290  That's why the middle class has been destroyed financially, too many taxes and too few reward.
    1
  577. High stock prices, lower earnings, less trade, higher inflation; what could it mean?
    1
  578. The only thing the Federal Reserve is creating is inflation, burying the middle class and poor in inflation. Low rates are only creating inflation and destroying the 90% non-investor class. More inflation causes the average person to cut back spending to save for inflated essentials like food, shelter and gas for transportation. These Weimar Republic tactics are leading to disaster for the economy.
    1
  579. Because he has been proven to be right
    1
  580. 7 trillion dollars created by the Fed is around 20% to 40% of the current U.S. GDP. The Fed may be getting scared or smarter because its balance sheet is leveling off. Anyone who's lived through it, knows the only cure for inflation is to literally choke off inflation by driving up interest rates and pulling money out of the economy, not a pleasant prospect.
    1
  581. China will not let their businesses go under, that's ridiculous. Look at the socialist money printing the U.S. is doing. China will do the same. The rest of the world will do the same.
    1
  582. MajesticF0X Too much money, too little production means higher prices for goods. Then more money to boost economy, more production, still a shortage of goods means even higher prices. Producing economies with lots of dollars want something more valuable, buys gold or other commodities and drives up prices for commodities. Dollars worth less. Federal Reserve afraid of raising interest rates, so lies about inflation rates. Prices rise even more. More dollars to countries that don't want them, buy commodities, dollar worth even less. Etc, etc, etc.
    1
  583. But new companies would never hire the clowns running these zombie corporations and the wealthy would lose money, Fed can't allow that.
    1
  584. Did someone interview these military voters and ask them who they voted for? I’d like to see their interviews. Can someone point to these interviews on YouTube?
    1
  585. Don’t forget Trump messed up the pandemic response, closed down the economy, let people live without paying tent and created the first trillion dollar deficit in history.
    1
  586. Trump talks like he has no responsibility as President and the only thing that makes the economy go is the Federal Reserve keeping interest rates low. There are things like leadership, allies, trade, tax laws, budget deficits, spending priorities, etc. that he's managed to screw up as President and pretends none of his screw ups matter.
    1
  587. Not true for less educated and less skilled people in advanced economies like in the United States and Western Europe. They've been forced to compete against billions of poor Chinese and Indians. She's part of the elites (I guess I am too) so doesn't see it. She hides behind overall statistics which benefits the elites. She throws in advancing technology as a screen. It's a non-issue because technology always advanced since the start of the industrial age. Also, the percentage of taxes paid by the middle class workers is greater than the wealthy because the wealthy have tax write offs that less wealthy people can use.
    1
  588. All the good news for stocks is over with for now, folks.
    1
  589. Our economic future would be great if all the money the Federal Reserve creates was given only to families making less than $100,000 a year or make up the difference up to $100,000 per family or $50,000 per person.
    1
  590. This has been a threat since the USA shifted manufacturing out of the country. A chip can now be a complete computer including the software which can be designed to do anything with intercepted data, send it anywhere, change it, etc. Sure, if it was my business I'd lie and deny, the liability would be unreal.
    1
  591. You are assuming heavily borrowed businesses and corporations are productive, which they are not. I refer to them as zombie corporations that live off the largess of Federal Reserve cheap money policy. Money needs to retain value for a modern economy to work. The economy needs to be expunged of these dead weight corporations to clear the way to newer and more efficient businesses. That’s the way capitalism is supposed to work.
    1
  592. He's lying to cover the Federal Reserve grab for power. There are too many government jobs, healthcare jobs, on-line businesses for there to be 30% unemployment. Right now, Amazon, Costco and many other retailers are hiring.
    1
  593. All this money is being spent in USA to produce armaments for export.
    1
  594.  @qwerty1994ize  Companies that need bailouts take money from others and are a drag on the economy. Poorly run businesses are dead wood that need to be cleared out so new companies can thrive.
    1
  595. Short selling did not discover the housing bubble. A lack of buyers brought out the housing crisis and started months before stocks crashed.
    1
  596. 70% of of the 60% of the non-government part of the economy, local,state and federal governments make up 40% of the economy.
    1
  597. Elias Castillo Especially at Costco. It's called panic.
    1
  598. The US needs China to produce useful stuff because our focus is military spending and drugs - legal, illegal and soon to be legal.
    1
  599. Barkin just admitted that businesses keep prices down by selling a substandard product by cutting quality and selling the same quality product as a more expensive premium product. That's the definition of inflation, when the same product goes up in price. What an Orwellian comment by a member of the Federal Reserve.
    1
  600. The only Trump plans that went right was abusing the bankruptcy laws, dumping his debt onto banks and getting elected as President.
    1
  601.  @julius6238  True, Biden has been asleep for 3 years and couldn’t do anything.
    1
  602. It's called a bear trap.
    1
  603.  Lawrence Page  Nothing in the real world turns around instantly, it’s not like trading assets on computers. It takes a time to get funding, hire crews, get materials and equipment together to drill for oil or restart wells.
    1
  604. The only thing that Australia wants to pay for content. There's nothing that stops search engines from bringing up websites. Let Google pull out. Google isn't that great because they push too many paid sites and ads. The biggest threat to Google is to pull out out of Australia and after of a few weeks or months of adjustment, nobody cares that Google is gone.
    1
  605. How about the $8 trillion dollars the Federal Reserve created by buying debt in the last couple years?
    1
  606.  @hirokeo  All governments have control over their country's economy. During the past year, U.S. corporations have been given trillions in cheap loans from the Federal Reserve and payments from the U.S. government in bailouts. The current Federal Reserve balance sheet has 20% to 25% of the U.S. GDP, that's crony capitalism.
    1
  607. I live in Chicago and for months Amazon drivers deliver packages to my house. No more USPS or FedEx or UPS.
    1
  608. As much as I hate Trump, revealing tax returns is not a requirement to be president.
    1
  609. Well, yeah, of course, banks probably have hundreds of billions of dollars in loans and investment in failing malls. If they were forced to write down those loans to what they were really worth, executives would lose their bonuses and possibly their jobs.
    1
  610. G G Ask for the world! 5G is really for self-driving cars, trucks, farm equipment, aircraft, remote medical procedures... all in some possible future. Hopefully, not the future from Terminator.
    1
  611. RosyOutlook2 Hope springs eternal
    1
  612. People still believe Trump talk. Foolish for his supporters and targets of his rhetoric.
    1
  613. You trust Wall Street?
    1
  614. 99% of spending goes to Americans.
    1
  615. I have everything to win. My money is in bonds, the value of which goes up as interest rates go down.
    1
  616. Nobody is paying, that's why the Federal Reserve created over 7 trillion dollars and counting.
    1
  617. You're being ironic, right?
    1
  618. China has been cracking down on the most financially successful Chinese and stealing their assets. The smartest Chinese are keeping as much money overseas as possible with an exit plan for themselves and their children. This does not bode well for the future of China.
    1
  619. @Marka Ragnos San Francisco and Vancouver housing prices are so high because of Chinese money, so they pay.
    1
  620. True, but China is now a competitor, customer and trading partner. Cutting out China out without cutting out Asia is impossible. We in the U.S. are now stuck in a bad place with China.
    1
  621. Powell is a social worker for the wealthy.
    1
  622. Fed needs to stop increasing the money supply immediately. If inflation doesn’t stop going up, Fed needs to reduced its assets (money supply).
    1
  623. Vulcan Studios The Spanish flu didn't hit its peak until 18 months after it started. Faster travel will likely means a peak this coming winter.
    1
  624. The only thing sick is your denial of reality that the earth is getting warming and it’s caused mostly by carbon dioxide produced by humans and the increasing release of methane in Arctic regions. Oceans are rising an average of 1 inch a year, so in less than 50 years oceans will rise by 4 feet. There are more extremes in weather because of a weakening of that jet stream because temperature differences between the Arctic and temperate regions are less. I live in the upper Midwest and have seen winters get months shorter and milder in my lifetime.
    1
  625. Stable low inflation and stable low employment means the Federal Reserve needs the backbone to tell the markets "No, cutting interest rates could cause long term harm. Guys, make more money, then your stock prices will go up".
    1
  626. The Fed is trying to catch a falling knife... not bright
    1
  627. Amazon packages are delivered by Amazon delivery drivers in Chicago and probably many other cities.
    1
  628. Republicans have gone past socialism into communism by picking the winners and losers in the economy.
    1
  629. Negative interest rates and excessively low interest rates do not help an economy in the long run because it supports the worst run corporations which absorb money that could go into support newer and more innovative companies, devalues the currency and hurts the lower and the middle classes most of all because they have the least assets to inflate.
    1
  630. Tariffs are good for the United States economy. Tariffs help the budget and encourage businesses to employ Americans. Free trade was a big lie used by traitors in the United States to build up foreign economies at the expense of America and its citizens to benefit the super wealthy globalists.
    1
  631. Harrison Swank The Fed will be forced to crash the market with higher interest rates after the election because of a collapsing dollar and rising inflation. It happened before in the 1970's.
    1
  632. Look at international trade figures and that's the direction all markets will go
    1
  633. Recessions are healthy for a capitalist economy because it wrings out the least effective businesses. We’ve missed a couple healthy recessions because of Fed easy money and now zombie businesses have accumulated, blocking the way to new and better businesses forming.
    1
  634. How about civil service merit system for managers?
    1
  635. In reality, China out competed the United States for the last 30 years and drained our wealth because our economic elites conned our politicians into believing 'free trade' was good and our superior system (of uneducated, drugged up and self-entitled youth) would continue to produce high value added products while China would produce low value products. Somehow China moved up after Moa's death, like Japan did earlier and created a highly educated and motivated work force. It was our 1% who sold our factories on the cheap, with laws passed by our politicians, to China so they could produce goods cheaply while we here in the United States produced less and less. Sorry, but I see amazing value added products created in China that could never be produced in the United States for half the cost. It's probably too late in the game to change things. At least tariffs will help the budget deficit. Yes, I'm old enough to have witnessed it all while it sadly happened.
    1
  636. Fed is allowing people to borrow money cheap so they can afford to buy more before prices rise even higher, doesn’t that make sense?
    1
  637. I never heard such a lie calling central bankers ‘woke’. Central bankers are flooding the world with money that produces financial excesses, increasing the prices of assets owned by the wealthy and impoverishing the middle class by creating inflation.
    1
  638. How about negative rates for all the borrowers like everyone in the middle class?
    1
  639. Federal Reserve has created $7 trillion, $20,000 for every man woman and child in the U.S. The Federal Reserve put the average family of four an additional $80,000 in debt in just a few weeks. Does any really believe this is good policy?
    1
  640. For the same reason the Fed can use replacement items to come up with lower inflation figures.
    1
  641. The Federal Reserve as an institution needs to demonstrate independence or the dollar and economy will plunge
    1
  642. g bridgman Inflation is caused by deficit spending by the Federal government and excessively low interest rates and money creation by the Federal Reserve. These things are Trump's fault.
    1
  643. Rent them out for cheap. Low enough price and people will come to start new businesses!
    1
  644. George Bush Sr. was the most normal guy we had as President, and he couldn't win a second term.
    1
  645. Great time for Trump supporters and all Republicans to buy in the market. It's a blip. Buy on the dip.
    1
  646. Few people can tell the difference between cubic zirconium and diamonds.
    1
  647. I hope no one thinks my white hair is fake.
    1
  648. The election was run in 50 different states by thousands of patriotic Americans watching the polls and vote counting. Trump tried to be a dictator, but was stopped at every illegal act. Now Trump will pay the price as well as his gang of fascists that tried to stop our democracy.
    1
  649. Doesn't China now own a substantial amount of Venezuela oil?
    1
  650. Seems like Federal Reserve is creating a crisis with inflation to support their desire to control a digital currency. Anyone with the slightest bit of economic knowledge would know that creating more currency at a time when there is a shortage of goods will exacerbate inflation and possibly exacerbate unemployment. The markets cannot increase the production of goods as quickly as the Federal Reserve is expanding the money supply, therefore the Federal Reserve is forcing prices higher which is reducing product sales and actually limiting employment growth.
    1
  651.  @michaelc1063  Layoffs come first, but that’s not likely because we’ve lost enough of the working population to Covid problems. 1% to 2% died, more retired because of long term Covid tiredness (a friend and I had that, thought it was old age until the Moderna booster cured it), medical people who left because they couldn’t take it, and all the people that left the workforce to take care of someone. No one has done a study on total people who no longer work, but likely to be pretty high with all the unfilled jobs and rising wages.
    1
  652. No. The wealthy give plenty of money and jobs to their kids during their lifetime. Trusts also need to be included in the tax process. Let the wealthy give it all to charities when they die if they don't want to pay taxes.
    1
  653. He hasn't completely grasped the fraud the Federal Reserve is doing.
    1
  654. Learned something, that’s a joke!
    1
  655. Chinese communist government always uses corporations, other countries and individuals for what they can get out of them, then turns on them. Apple was one of the biggest supporter of China’s development and is getting exactly what is expected by anyone who knows about communism.
    1
  656. No hair day, like me.
    1
  657. It's more like the U.S. flooded the market along with Russia and Saudi Arabia.
    1
  658. Bryan Rezendez Central Banks try to keep their buddies afloat, but don't forget previous crashes 2007-2008, 2000 dot con bust, 1970's, and on and on and on...
    1
  659. This Fed really lies about inflation because its not as low as they say. Historically, this could cause a quick and steep rise in inflation as people lose faith in the dollar, as it once happened to the Germany mark and many other currencies. Why would anyone save dollars if they get nothing but punished for holding onto dollars? Once people sell things in dollars, they'll quickly convert dollars to some other asset. If that turns into an accelerated cycle of unloading dollars, kiss this economy goodbye.
    1
  660. Trump Republicans need to ignore this guy and get fully into the stock market. Things can't go bad with full employment and Trump leadership
    1
  661. Michael Brawner International trade is plummeting, auto sales down, factory output in recession... a lot like 2007 - 2008.
    1
  662. Prices are going up. Food prices are definitely up. I haven't seen any prices dropping and noticed the game of less product and less quality for the same price. We will see how long the dollar stores still sell everything for a dollar. That to me is the base line for inflation.
    1
  663. I wonder what’s higher, Fed IQ or inflation rate? Amazing they’re as incompetent as they are. Real inflation is at 16%, not phony 8%.
    1
  664. Because China needs to become highly efficient to sell in the world. It can't become highly efficient without consolidation and automation. Of course, that will continue to impoverish the workers at the bottom, just like in the U.S. Chinese leadership has grand visions of greatness that can't be achieved by caring too much about its people at the bottom. They are too busy creating a wealthy political class that they think will keep the masses under control which means you're all supposed to become zombies. They don't seem to have figured out that a population of zombies can not make a modern economy.
    1
  665. Fed knows money velocity and prices are rising again. They screwed up once, maybe they learned inflation is not transitory.
    1
  666. I saw some people at McDonald's that could pass for zombies.
    1
  667. Birkhan Sonkan No, I think Trump is just winging it without thought, that's the problem.
    1
  668. This is socialism for the investor class. It's not socialism for everyone.
    1
  669. Chris Gilliam Man Stuff Add up the costs. Divide 4 trillion dollars among 250 million adult citizens in the U.S., I get $16,000 per person. Obviously, the money is not being handed out very evenly. The Federal Reserve doesn't even talk about buying up credit card debt and reissuing at 0%. The economy could then take off like a rocket.
    1
  670. Supreme Court said corporations are people, therefore corporations should get no more money than individual people
    1
  671. Gary Campbell Trump is a total disaster. As they used to say in the Great Depression "I'd vote for an old yellow dog before I'd vote for a Republican." Joe Biden is the old yellow dog.
    1
  672. Will EU reduce tariffs for farm goods?
    1
  673. Banks control Federal Reserve and know ahead of time how to set up trades. Fed acts, investment firms make money with insider knowledge of what Fed is doing. Banks that own investment firms make massive profits. Average investor without insider knowledge loses. Fed doesn’t care about employment or inflation, just greasing the wheels the themselves.
    1
  674. Logic The vast majority of Americans have little or no savings, let alone investments in the stock markets. Almost all the returns went to the wealthiest Americans. You are also ignoring real inflation, the way inflation was calculated in the 1970's, that's running about 6% to 8%.
    1
  675. Logic How much money in the market minus outstanding debt is what is the key. Having less than $50,000 isn't going to provide significant long term returns in retirement.
    1
  676. Trump claims a lot, how much of his property is without debt? How much of his commercial property dropped dramatically in value?
    1
  677. You must be referring to what Donald Trump is doing to international trade, which will tank the American economy.
    1
  678. Fed hasn’t slowed down asset purchases at all, all phony Fed talk.
    1
  679. Why did the Republicans change the Democrats bill?
    1
  680. Trump is in Putin's pocket
    1
  681. He's probably going bald like me. We are about the same age.
    1
  682. But a lot more expensive government contractors.
    1
  683. China is doing amazing with their 50 year bubble economy.
    1
  684.  @Oxazepam65  There has never been transitory inflation unless it ends with higher interest rates. Nobody I know thinks inflation is transitory because everything has gone up at least 10% since the beginning of the pandemic. Rising gas prices will cause everything to continue to go up.
    1
  685. It seems like thats all the Republican leadership in the U.S. knows how to do. What a total reversal from the Republican party of the 1950's.
    1
  686. Making America Great Again... NOT
    1
  687. Banks and bonds are for loans. Congress passes bailouts. I'm fine with small businesses getting grants or loans that don't need to be paid back if certain conditions are met. I'm not okay with poorly run monopoly corporations like Boeing getting a dime, let alone $70 billion.
    1
  688. Forget the banks, give 0% loans to the people directly.
    1
  689. China already trans-ships through other countries that simply put a stamp on Chinese goods before boxing and shipping to the USA
    1
  690. Apple has a monopoly on its own product line, like doesn’t that apply to every company’s product line?
    1
  691. Seems like too many of the unwashed masses of serfs are making money off their homes and stock market while getting higher wages too, this the Federal Reserve cannot allow. Serfs must be beaten down until they become subservient again, afraid to demand higher wages and afraid to put money in the stock market.
    1
  692. And Republicans, they never cut spending.
    1
  693. Real inflation is running about 10% annually since beginning of pandemic.
    1
  694. Not going to happen. No big single currency is run by an open, independent and competent central bank as the Federal Reserve. It's really saved the United States economy in spite of the horrendous politicians and self-serving capitalists that are ruining the country.
    1
  695. That's why companies are broke.
    1
  696. Mikael Gauslaa The commerce clause in the Constitution gives the federal government the power to dictate whatever it wants to publicly traded companies. It used to be illegal for publicly traded companies to buy their own stock.
    1
  697. Hedge funds would have lost double the money if there was a free market.
    1
  698. Essentials like autos, housing, major appliances, food, gas, etc. are all up 20% or more in the last two years. Prices are going up because the Federal Reserve has increased the supply of dollars by about 20%. More dollars with same demand means inflation.
    1
  699. PG&E needs to lose its franchise to operate in California
    1
  700. Colonial powers have been gone for 75 years.
    1
  701. Wall Street could sell American industry to China on the cheap fast enough.
    1
  702. Has the South African death rate changed at all? What is the death rate of the new variant? Is it zero for vaccinated people or people who had Covid? Is it more than zero? Is this fear mongering?
    1
  703. Trump and his associates don't have the smarts to deal with China, so the bury their heads and act like little boys imposing tariffs and closing an embassy. Deal with China by dealing with China.
    1
  704. Essentially, no difference anymore
    1
  705. Kingpookienation Alvarez Corporate executives screwed America by moving jobs overseas and borrowing money to buy their own stock to boost the price.
    1
  706.  @sscalercourtney5486  I’m a caring citizen, not an economic victim. Your smug comment indicates your lack of recognition of what the Federal Reserve is doing in destroying the economic viability of the U.S. It’s basic economics, there’s too many dollars chasing too few goods. The money being created by the Fed is not increasing productivity, it’s creating inflation. The only people benefiting are people with substantial assets that will inflate. If the Fed doesn’t slow down its money creation insanity, economic instability and societal breakdown will result.
    1
  707. Trevorkian The Federal Reserve did not exist when Jackson was president.
    1
  708. Fed money goes into financial markets and nothing left for real economy. Fed was on the right course last year with normalizing rates, then reversed course because stocks dropped. Now the Fed has taken over the repo market and is destroying the capitalist financial markets with a bank run third world style banking and market system.
    1
  709. You seem to believe Biden will fail. He has the advantage of knowing how the government works, the pandemic coming to an end this year and he is not an extremist.
    1
  710. Everyone who likes higher gas prices vote for Trump. Everyone who likes cheaper gas prices vote for Biden. It should be that simple.
    1
  711.  @CloudC-kj6kt  True.
    1
  712. Just Manga hats 🎩
    1
  713. Business travel will never come back to what it was.
    1
  714. Are you kidding? Do you have any idea how many people have lost there jobs already? There were so many, they couldn't get through to the unemployment office. There are thousands of small businesses that are closed and will not open, or open and close because of no business. Tourism and trade will take years to return to what they were a few months ago. The average contraction takes 6-18 months to turn around.
    1
  715. Maybe the Fed balance sheet should not be at 9 trillion inflation dollars, who’s fault is that… Powell and band of clowns at the Federal Reserve.
    1
  716. Capital expenditures are low, corporate borrowing is high and rising. Will a rate cut at this point cause more harm than good?
    1
  717. Poorly run corporations should go bankrupt and new businesses should rise up.
    1
  718. China refines rare earth metals cheaper, that's the only reason they have the market. There are plenty of rare earth raw materials in the U.S. and elsewhere. It would only take a few changes in law and subsidies to change our dependency on China.
    1
  719. Powell is the face of historically high inflation who chooses to inflate assets for the rich while further impoverishing the poor and middle class.
    1
  720. Also applies to prescription drugs.
    1
  721. leotube39 For your information, security needs to be continuously monitored and updated for all technology, no matter where the hardware and software comes from.
    1
  722.  @azjaguar  Prices go up, stay up, that’s inflation. I don’t think you’re taking into consideration global demand. China and other Asian countries has about 5 trillion dollars to buy goods it needs and is buying U.S. goods whether there is demand in the U.S. or not. Goods go to the highest bidder whether a speculator or a final customer. I only see U.S. prices going up as countries all over the world recover from the pandemic.
    1
  723. But Federal Reserve says there is no inflation.
    1
  724. Joshua Hagen Corporations can sell stock and issue bonds in a capitalist system. Bailouts from the government make this a communist system where government chooses winners and losers. Merit is down the toilet.
    1
  725. I never thought I'd invest in bitcoins. Fed balance sheet over 3 trillion dollars and rising like a rocket, the day has arrived.
    1
  726. China is misleading Russia down the merry road. China will be taking over eastern Siberia after Russia is sufficiently weakened.
    1
  727.  @juntaveekammanee  Black and White and everyone else does get along. There’s a few mentally ill and isolated people that don’t. It’s Democrat politicians like Biden that stir up hate and division as an election issue.
    1
  728. This stimulus bill isn't saving anyone's job except the executives who screwed up everything in the first place with borrowing money to buy back their own stock. And Boeings executives who screwed up Boeing.
    1
  729. No, the Federal Reserve having a $9 trillion balance sheet of non-productive debt is inexcusable. That’s $9 trillion of inflation that will work through the economy.
    1
  730.  @harrychu650  Raising interest rates increases the value of dollars which decreases inflationary pressure. Costs for risky borrowing like stock margins goes up which limits increases in stock prices. The greater the return on bonds, the more valuable bonds are compared to stocks and real estate, etc. This further reduces pressure on asset prices. It will help offset some extra spending in Ukraine. Another $1 trillion spending could add an additional 3% to 4% inflation unless the Fed absorbs those Treasuries into its balance sheet by selling other corporate bonds they already own. Fed doesn’t seem to do much right so we’re in for a lot of high inflation for the foreseeable future.
    1
  731. Inflation is running rampant in building materials, major appliances, home prices, automobiles and starting to hit food. Packages with less product for the same price. If all these ‘leaders’ weren’t so rich and actually shopped, they would have noticed like everyone else. Lies by the Federal Reserve will not stop inflation because it’s starting to take hold worse than the 1970’s.
    1
  732. All this dollar creation is causing huge inflation and further impoverishing the non-investor class.
    1
  733. It's not true, the Fed is data driven.
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  734. Intersection Metrics It's not the business of a capitalist government to pick winners and losers in the economy.
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  735. Federal Reserve is buying U.S. bonds, doing yield control, ignoring inflation and a falling dollar.
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  736. Trump will lose a lot of his discounted real estate to pay his judgements.
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  737. I hate Trump, but our politicians have given too much to other countries especially with trading partners. Unfortunately, he didn't follow through to pull out of N ATO and Middle East.
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  738. Time to sell, Goldman says to buy gold.
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  739. Major appliances and many building supplies have gone up 20% in the last year.
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  740. Trump is s crook
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  741. Jim Raynor This money will save no corporate jobs. It's just to guarantee executives money.
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  742. Bill Blair You are confused. Big corporations ship jobs overseas. It's small local businesses that keep jobs in the U.S. Corporations can go bankrupt and be resurrected like GM in 2008.
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  743. vladso88 stav Fed provides limitless money to banks and banks move this money to their investment unit to buy stocks, directly or indirectly.
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  744. Jack Nguyen And that's the way it is with every country that tried to print money to create prosperity. The money goes to the wealthy.
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  745. Deportations need to happen in every Western country.
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  746. Cary Clan What you say is true, but some day the pied piper will be paid. The U.S. economy keeps becoming a smaller component of the global economy due to our overspending on the military and over dependence on military power to get our way. China has a way smarter plan of dominance and global influence through trade. Remember that Britain was once the global superpower with the Sterling as the global currency. I'm sure at some point China will decide it is big enough to replace the dollar with some other trading currency, along with Europe. At which point the dollar will become fairly worthless and we pay for all our financial sins.
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  747. No masks available to the public
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  748. aceyage All governments are lying, do anti-democratic things and are often tyrannical. At least the Chinese have real professionals on top.
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  749. Republicans changed the Democrats bill and added corporate welfare.
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  750.  @steved0123  It's not a lie. At one point the Fed raised rates and the stock market fell, then Trump complained and the Fed lowered rates back close to zero, again. The Fed also started all these special lending programs under Trump and put tens of billions of dollars into the repo market, the overnight lending between banks. Trump barked orders and the Fed followed. Last year under Trump, the Federal Reserve doubled the amount of debt it held to lower rates.
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  751. Totally agree with your clear insight on what’s really going on.
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  752. How is cutting interest rates going to get factories working and product moving when demand already exists and products can't get produced because the virus is shutting down supply chains? Powell has to be the worst Federal Reserve chairman I've ever seen in 60 years.
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  753. So is Chicago.
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