Posted by Breakdown on 8th of Sep 2022 at 09:53 am
An article, I believe in ZeroHedge, said that the Fed's job in
an inflationary environment such as the one we're in is to reduce
inflation by reducing demand which is achieved through having as
many people unemployed as possible. They said the less people
that are employed, the better. Are they correct?
The Fed's only tools are interest rates to try and curb demand,
but the inflationary thing they have no control over is the supply
chain. With China still willing to lock down entire cities when you
get a couple covid cases still causes supply to be tight, and that
itself is inflationary. Interest rate hikes have no effect on that
stuff
Posted by dragonfly28 on 8th of Sep 2022 at 09:59 am
Clown show? - the FED is trapped between a political GREEN
everything rollout and no real way to dovetail that with slowing
fossil fuel production. This is a different kind of slowdown
largely engineered by politicians to - where supply is restricted
which will result in a contracting economy and more layoffs.
A downward spiral until some form of equilibrium is reached.
Not holding my breath on this one!
When the trend is not your friend
Posted by matt on 8th of Sep 2022 at 09:25 am
An article, I believe in
Posted by Breakdown on 8th of Sep 2022 at 09:53 am
An article, I believe in ZeroHedge, said that the Fed's job in an inflationary environment such as the one we're in is to reduce inflation by reducing demand which is achieved through having as many people unemployed as possible. They said the less people that are employed, the better. Are they correct?
The Fed's only tools are
Posted by matt on 8th of Sep 2022 at 09:56 am
The Fed's only tools are interest rates to try and curb demand, but the inflationary thing they have no control over is the supply chain. With China still willing to lock down entire cities when you get a couple covid cases still causes supply to be tight, and that itself is inflationary. Interest rate hikes have no effect on that stuff
What is, in your opinion,
Posted by Breakdown on 8th of Sep 2022 at 10:04 am
What is, in your opinion, China z(and maybe Russia) trying to do to us? Replace the dollar as the sole reserve currency?
The US led West stepped
Posted by DigiNomad on 8th of Sep 2022 at 10:10 am
The US led West stepped into that trap when they banned Russia from SWIFT. One side playing chess, the other still thinks it's checkers.
Did not see that angle,
Posted by Breakdown on 8th of Sep 2022 at 10:00 am
Did not see that angle, of supply / demand. Thank you.
Clown show? - the FED
Posted by dragonfly28 on 8th of Sep 2022 at 09:59 am
Clown show? - the FED is trapped between a political GREEN everything rollout and no real way to dovetail that with slowing fossil fuel production. This is a different kind of slowdown largely engineered by politicians to - where supply is restricted which will result in a contracting economy and more layoffs. A downward spiral until some form of equilibrium is reached. Not holding my breath on this one!
Steve and I sent our
Posted by matt on 8th of Sep 2022 at 10:00 am
Steve and I sent our resumes into the Fed - never heard back from them....
spot on.
Posted by johnny2012 on 8th of Sep 2022 at 09:58 am
spot on.
Posted by donkeyface on 8th of Sep 2022 at 09:26 am