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Buygold

Posted by goldielocks @ 7:18 on August 31, 2022  

Well one good thing is it looks like the Fed isn’t trying to default but the Demos are working against him. Every attempt he makes there they are, first cutting oil which was the tipping point when inflation in food and gas went up so fast and they could. I longer call it transitory as in housing, supply issues like lumber speeding the rise but the food gas was the last straw. So he starts hawkish and was kinda useless but here comes the Dems before the ink drys there spending, So then he increased it and the demos increased the spending.
For the economy’s sake he might have been better off not raising it and hand the blame on them where it belongs and they may have thought twice about it. But do they think? There beyond selfish and greedy and that’s being civil.
The voters got to really look at their tokens of generosity or throwing the dogs a bone. I can sum it up in a few words, They give a little but take a lot more. Then try to imagine if they were your roommate or business partner or financial adviser and got cheated out of what they took. Was that little bit they gave worth it. I wonder if they would get it? Maybe if you then put it in terms how much money they lost they could of invested or used in better ways or inflation of their bills,
Perhaps he knows what they planned so planned his numbers around it. I can only hope because he wants to slow down and by the end of next year and reverse again. So does that mean they’re going to stop their spending or expect the Repubs to take back the house so they can’t while handing them a bigger mess. But now we got a commodity, food and energy crisis.
We can only look so far ahead. Like throwing darts maybe a reprieve next Monday or Tuesday. I’m not looking that short term just re-evaluating my shorts.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.