. . . in 2008 a behemoth bubble started bursting, and it was by no means just US housing market. That bubble should have been allowed to fully deflate, because that is the only way to allow an economy to do a viable restart.
Instead, all that has been done since 2008, QE, ZIRP, the works, has been aimed at keeping a facade ‘alive’, and aimed at protecting the interests of the bankers and other rich parties. That facade, expressed most of all in rising stock markets, has allowed for societies to be gutted while people were busy watching the S&P rise to 2,100 and the Kardashians bare 2,100 body parts."
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Comments
FED: "If economy weakens further would consider negative rates."
Meat, vegetables push Canada’s inflation rate higher
Game on.
Yuo, history has shown that to be an incorrect assumption.
Knowledge is the enemy of fear
. . . in 2008 a behemoth bubble started bursting, and it was by no means just US housing market. That bubble should have been allowed to fully deflate, because that is the only way to allow an economy to do a viable restart.
Instead, all that has been done since 2008, QE, ZIRP, the works, has been aimed at keeping a facade ‘alive’, and aimed at protecting the interests of the bankers and other rich parties. That facade, expressed most of all in rising stock markets, has allowed for societies to be gutted while people were busy watching the S&P rise to 2,100 and the Kardashians bare 2,100 body parts."
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Knowledge is the enemy of fear
FED: "If economy weakens further would consider negative rates."
Meat, vegetables push Canada’s inflation rate higher
Game on.
Wow!! 1.4%. Holy cow!!!
Remember all the talk a year or 2 ago about high bacon prices? What happened?
Knowledge is the enemy of fear
The porcine virus outbreak ran its course, and supply increased again.
BTW, Oranges are very cheap around the 'ville lately, and lemons are essentially free. U pick up
Liberty: Parent of Science & Industry