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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Bloomberg Television" channel.
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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
Something doesn’t seem right about this crash scenario.
87
I thought Bernie was an extremist, but the Federal Reserve money printing and Republican spending make Bernie look conservative.
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American oil industry will take a big hit.
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Keep government out. Let capitalism work like it's supposed to.
51
Market could still go up 50% before it crashes.
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Groups of angry average Britains.
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Everyone needs to become their own zombie corporation and sell bonds to the Federal Reserve to live off of.
40
Free advice from a major bank usually means do the opposite. Will stocks go up 30% before dropping 10%?
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Hedge funds need to go broke for shorting stocks.
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Fantastic wife to wait for Julian. She’s the kind of woman every man hopes for.
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Put this guy in charge of the bailout plan. He makes sense, unlike Trump, Mnuchin and the Federal Reserve.
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Possibly not natural, like a genetically modified mistake.
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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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Marijuana needs to be treated like cigarettes in all countries.
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Everyone could have saved a lot of effort and money if the Navy simply announced they detected an undersea explosion.
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El-Erian has been wrong an awful lot the last few years.
24
Solid double digit inflation… great job Fed!
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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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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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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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This is a Federal Reserve money printing rally.
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Tesla can't lose with the Chinese government backing them and being years ahead in self-driving technology
19
What happened to businesses and Republicans supporting free markets? This sounds like a Communist solution.
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The biggest garbage is the $500 billion in bailouts to businesses which would not be cut by Trump.
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U.K. likely to lose large business in a world dominated by EU, China and the United States.
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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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Likely some ventilation system failure in the bio lab or improper disposal of contaminated waste.
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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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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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No buyouts, let them eat cake!
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What's bad for Wallstreet is normally great for the middle class.
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Wish the U.S. would break up these big corporations.
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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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Good for China. The U.S. needs to break up monopolies so we have more competition.
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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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Why does he still have his job?
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ALEX JOSE If corporations need money, they can issue bonds or sell their stocks they've been buying, or declare bankruptcy.
12
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.?
12
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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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.
12
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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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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Old grandad knows exactly what’s going on, we have a Federal Reserve destroying the economy through inflation.
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Asset valuations based on price earnings has doubled in 3 years, that's called hyperinflation.
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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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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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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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Inflation going up, trillion dollar federal budget deficits, money velocity (how quickly people spend their money) is increasing, how can rates come down?
10
The renters say to landlords "let them eat cake!" Renters are following Trump's motto "okay, sue me."
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