General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Ray Bod
Bloomberg Television
comments
Comments by "Ray Bod" (@raybod1775) on "Negative Rates Warning: Deutsche Bank Criticizes ECB Policy" video.
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