Comments by "Grim Affiliations" (@grimaffiliations3671) on "“We’re on a Unsustainable Path” - Fed Chair Jerome Powell Warns Congress" video.

  1. You're the only one I've seen point this out
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  2. Jerome prints whatever the government tells him to
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  3. What did he tell them? That inflation is falling and the jobs market is booming
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  4.  @mr5timewcwchamp  yeah, we need to legalizing all kinds of housing in this country, not just single family. But I'm talking about the macro level, our national debt is perfectly sustainable
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  5. Inflation has been falling for a year
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  6. The gold standard was unsustainable, we always had depressions. As soon as we entered a fiat system, depressions stopped
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  7. Unemplkyment is very low
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  8. How foolish
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  9. The most dangerous boomers are the ones who go to local board meetings to protest new housing
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  10. Continuing to raise interest rates is attempting to destroy the working class. Trying to cut people's SS is trying to destroy the working class
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  11. The fed is part of the government genius
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  12. Just the opposite. Its the bears that have been looking for a gloomy scenario for the past 2 years even as the market has gone go the moon
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  13. They're not charging the people interest, they're paying the people interest
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  14.  @ryanwhitley9789  ? The national debt is an asset to bond holders, not a liability
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  15. Leaving the gold standard was the best thing we ever did. Gold standard was a time of consts t depression
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  16.  @nilebaker3729  the gold standard was dead long before the 70's. It stopped being real in the 30's when FDR banned private gold ownership. And thats when we stopped having depressions. And living standards actually began to plummet in 1980 when Reagan was elected and pushed his neoliberalism on us
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  17. Nothing unsustainable about our path
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  18. How is he spearheading a booming jons market, falling inflation, low unemployment and high consumption if he's senile?
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  19.  @Ryan_4_U  last decade was defined by slow growth due to lack of spending by congress. This decade will be defined by strong growth due to large spending by government
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  20. You'd be going through a lot more pain if the government did spend a lot to bail us out of the covid recession
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  21. Fiat > botcoin
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  22.  @phirephate  how do you Pay taxes?
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  23. Ination has only been falling for the last year
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  24. Thats exactly what they should do to prevent a downturn.
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  25.  @rustedbiscuits874  you can, especially when the inflation is preeminently in specific areas as it is right now. Most of the core inflation is in rents and used cars, those are set for seasonal falls
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  26. It clearly was, since its only been falling since supply chains started recovering last year
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  27. Is that why they just spearheaded the quickest recovery of all time, a booming jons market, low unemoymsnt and a massive manufacturing boom?
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  28. You're the type of person who apposes money spent abroad but is also against spending money here on stuff like universal Healthcare because of the "national dEbT"
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  29. Why did they bail out the economy during covid then? Think
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  30. A new study revealed that raising rates earlier would've had no impact on inflation. And the regional bank risk wasn't caught because Trump lowered regulations
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  31. Everyone had inflation under 2% before covid. Thats not impressive. Getting inflation down as quickly as Biden has after covid, now that's impressive
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  32. The real economy is doing well too. Jobs boom. Manufacturing boom. Inaction coming down. Cosumption high.
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  33.  @TheWhoIsThat  no, they both like spending. Leftwingers like spending on the people right wingers like spending on tax cuts for rich people
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  34.  @TheWhoIsThat  you're a smart man
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  35. Its 4% not 5
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  36. Nothing wrong with spending, thats the only reason we're not in a depression right now
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  37. Things have gotten a lot better for me
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  38. The fed is part of the government
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  39. Nothing fraudulent about the dollar
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  40. People have been calling a big recession for 2 years now, all we've seen is the stock market continue to boom, jobs continue to boom, manufacturing continue to boom and inflation continue to fall And the stimulus checks where paid for with government money, not tax payer money
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  41. The US is nothing like Argentina. We are monetarily soverign
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  42. Thats the beauty of fist, you can't run out
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  43. Bidens been doing that. Hes been pumping oil at massive levels
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  44. No it isn't, and it wouldn't matter if it were
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  45. Nope
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  46. @mikes4142 no chance I'm reading all that good sir
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  47. @mikes4142 crypto will always be an asset, but never a currency. Curdencies are created through taxation, and we dont get taxed in bifcoin
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