The rising cost of food has become a main topic at my morning coffee gatherings

Oops that’s supposed to be 100 widgets you’re able to produce in that third paragraph. It was early in the morning lol

 

Let me get this straight.
The Fed raised the interest rate a fraction of a percent and the market plummeted and you thing the answer is to raise it to 18% and then think you can explain economics to me........I don't think so.

 

No what I’m telling you is that either we crash the markets with a high interest rate and suffer the consequences of our stupidity for passing all of that stimulus.

Or we don’t raise interest rates sufficiently, we “save” the markets in the short term and we go into hyper inflation which will result in a complete and utter collapse of the entire economic system in America. Causing suffering the likes of which hasn’t been seen in America ever.

We need to go ahead and take our medicine and eat the market loss because if we don’t hyper inflation will do FAR FAR worse.

 

Ironic that if people would have "taken their medicine" and got a shot, we would be a lot better off but....here we are. If we DIDN'T do the stimulus....what would have been the consequences since you're the economic guru.

 

I don't know what I would do without coffee. Totally unable to function without the morning jolt.

 

All your little chart does is prove my point. We have had alternatives to fossil fuel for decades. We have been able to build thorium reactors for 60 years. The cold war government didnt want to use them because they wanted plutonium to build nuclear weapons.

There are already alternatives to fossil fuels and have been for decades. The oil lobby keeps them safely out of sight.

 

Wow. Just...wow.

Trump can do just about anything without having to take any responsibility, can't he. And now it's not just his own personality flaws that cause him to refuse to accept responsibility for anything, he's passed that same defect on to his supporters. Even when he was tweeting at Republicans elected officials who weren't supporting the stimulus packages, that was the Democrats fault too, aye?

 

Take note of the illusionary bubble If renewables were a viable source of energy, don't you think those weird lines depicting renewable contribution would be close matched to say, that BIG OLD FOSSIL line LMFAO

 

You refuse to take responsibility for how the Democrats and the American voter pushed Trump to do it.

Maybe that involves too much "thinking" for you and is too complicated.

Option 1: Print more money, even though you know it is not a good thing for the country in the long term
Option 2: Be likely to lose the election, and the person who will soon replace you will print even more money

 

I am not talking about wind and solar. I'm talking about nuclear, especially thorium. Thorium was buried due to lobbying by the oil industry. Gee, I wonder why? You seem to think the reason nuclear is so low is because it is not viable. You are wrong. It is because of lobbyists and politics. We should have been using oil only for the stuff we absolutely needed it for, not burning it for everyday use. That is what we should have been using nuclear for. Now we are getting much less net energy from oil, when we could have had plenty if we were not morons.

 

LMAO, I mean seriously! Is that graph that difficult to read/interpret


Can you see the NUCLEAR ENERGY line hahahaha.. Stop adding things from your wish list and tackle what is and has been the energy go to in this country and many other countries around the world..

Like I originally said, time and discovery will eventually bring change to the types of innovations that will replace fossils..

 

It's the top topic everywhere, but, look at how effectively the posters on the board control the political discussion, I had to go to page 3 to find a topic on the economy.

The Economic Doom Loop Has Begun.

"If interest rates are less than inflation, it makes holding cash a losing proposition."

But, if supply is lagging demand then prices will rise to destroy demand until supply and demand equalizes. The government, rather than focusing on increasing supply is mainly discussing demand destruction, by increasing interest rates.

"But in this environment, raising interest rates will cause a cascade of problems. The higher interest rates will slow the economy and cause unemployment. It will also swallow up tax revenue as the government has to pay interest on its massive debt. But more critically, it will increase the rate of default on home mortgages. Those defaults will make mortgage-backed securities less valuable and more unpredictable. That’s how the 2008 housing market seized up."

"Thus, the doom loop."

1. "The more the Fed props up the mortgage industry, the more it encourages inflation.
2. The more inflation increases, the more urgent it becomes to stop printing money.
3. When the printing press stops and interest rates rise, those MBSs likely will turn toxic again, freezing the market at the exact moment the Fed needs buyers for its bonds."

“We must wonder if, on the horizon, the U.S. is facing

1. runaway inflation,
2. unprecedentedly high energy prices,
3. a recession, a labor shortage,
4. a crashing stock market,
5. lingering supply-chain problems, and
6. the bursting of a housing bubble simultaneously.”

HE UNDERESTIMATED JOE’S ABILITY TO F*** THINGS UP: My Biden-Voting Friend Had ‘No Idea’ Things Could Get This Bad. Buckle Up, Buddy, We’re Just Getting Started.

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"Life under Trump was great. We as a nation were already rebounding from the “pandemic.” Gas was cheap and inflation wasn’t an issue. We were energy-independent. Putin’s dream of reuniting the band, the Soviet Union, was postponed and his tanks were sitting cold and getting rusty."

​

 

This is completely on Brandon. He is failing as a president and it’s hurting Americans.

 

"Good Inflation!" US economy shrank by 1.5% in first quarter of 2022.

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Less spending power,
Higher prices.
Shortages.

 

Biden’s approval rating sets a new dumpster record…

"…for lowness at this point in a president’s term, breaking a previous record set by Truman":

Who was also a Democrat:

"Former Presidents Donald Trump, Bill Clinton, and Gerald Ford had lower average approval ratings at some stage early in their presidencies, but Biden has caught up, and today’s average was the first for which he was below all presidents since Truman, a potentially troubling trend as Democrats ready for the midterm elections."

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