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

  1.  @superdarklink  You think the economy is good right now? Do you even live in the U.S.?
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  2. 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.
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  3. China did better than the U.S. in 2008, since then and right now. I don't think you argument has merit.
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  4. Shadowstats shows inflation is currently at 13% based on pre-1980 calculations. That means it would take 14% interest rates to quash inflation.
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  5. Funny how inflation is calculated. Needs a different name.
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  6. 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.
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  7. ALEX JOSE That's capitalism. New businesses will rise on the burnt ashes of failed corporations.
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  8. arney444 Your rant makes no sense.
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  9. 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.
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  10. Defines the reason why we need Glass-Steagall Act back.
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  11. Nonsense
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  12. That's because Europe didn't sell their industries to China on the cheap.
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  13. Everything is being inflated, even gasoline, which was going down. There is nothing getting cheaper right now.
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  14.  @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.
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  15. Squeeze those short, squeeze those shorts, squeeze those shorts! Rah!
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  16. 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.
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  17. No, they simply need to sell their properties at market rates… 25% of what they paid for it.
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  18. Covid vaccination killed him?
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  19. $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.
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  20. That doesn't include the hundreds of thousands that can't apply for unemployment because state systems are overwhelmed.
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  21. 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.
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  22. 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.
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  23. Amed Sayed You underestimate how dependent American industry is on China right now. Both economies would crash.
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  24. WeWork goes under, SoftBank goes under, Goldman loses $10 billion, other banks go under...
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  25. They may be given Federal Reserve milk money. The Federal Reserve said it was buying bonds from individual corporations.
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  26. Does anyone trust the government and Federal Reserve?
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  27. France needs to trade farmland for British fishing rights.
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  28.  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.
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  29. Whatever happened to allowing a turn down to clear out zombie companies and end bad speculation?
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  30. 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.
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  31. 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.
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  32. 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.
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  33. Cary Clan I worked at Sears headquarters 40 years ago, saw how backwards thinking and self-serving the management was and left.
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  34. Teringventje I believe businesses should be building their businesses, not pumping up the share prices for executive compensation, leaving a highly in debt corporation.
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  35. Under 1970 CPI when ‘replacement’ items weren’t allowed, inflation would be double.
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  36. Oil is unlikely to go higher if the strategic oil reserve is used.
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  37. Wrong.
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  38. No democracy should have open trade with Communist China, the cost to national security is too great.
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  39. Russian bot
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  40. Armco is a quasi-government oil company. It would be a difficult sell in an open market.
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  41. 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.
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  42. 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.
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  43. 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.
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  44. These products are for sale, people just don’t want to pay up to double the price from a couple years ago.
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  45. Trump is a criminal, he can’t win independents so can’t win the presidency.
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  46. 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.
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  47.  @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.
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  48.  @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.
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  49. Trump is the one ruining America with screwing up international trade and running up deficits without a crisis.
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  50. 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.
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