FED Posts minutes and CNBC comments

Discussion in 'Current Events' started by Quadhole, Jan 30, 2019.

  1. Quadhole

    Quadhole Well-Known Member

    Joined:
    Nov 30, 2016
    Messages:
    1,215
    Likes Received:
    411
    Trophy Points:
    83
    Gender:
    Male
  2. Quadhole

    Quadhole Well-Known Member

    Joined:
    Nov 30, 2016
    Messages:
    1,215
    Likes Received:
    411
    Trophy Points:
    83
    Gender:
    Male
    Powell just said we have a long term deficit problems. But that HE AND THE FED are medium term players, it isnt their job to watch over it. That this deficit is because of Healthcare and an aging population ... Sure, that is 2 small factors, how about financing wars and all the machinery. How about cutting Tax for today's Wall Street gains and never preparing for the LONG TERM.
    The FED chairs have said this same thing each year going back to Volcker. All of it is always short term gains for the rich and never a plan for the country and the 98% that need the guidance. Just like his LIE on striving for 2% inflation. When has it ever been a good thing to have 2% inflation when the PEOPLE dont get 2% raises each year. And at the same time, real inflation is 5%

    America and all the people here, and on the street better wake up. They screwed it up in 2008 and you should care, the country financially is spiraling quickly out of control, so are you and you pretend to ignore it.
     
  3. Quadhole

    Quadhole Well-Known Member

    Joined:
    Nov 30, 2016
    Messages:
    1,215
    Likes Received:
    411
    Trophy Points:
    83
    Gender:
    Male
    This Subject should be the foremost on your mind, yet you chose to ignore it because you must educate yourself first. You must understand, they are taking your money 1$ more a day for the last 30 years and you are so far behind in advancement, you can not catch up.

    I guess it is easier to say, I think we need a wall, or, I dont think we need a wall. Then consider yourself a PERSON that cares. That is lame on both sides.
     

Share This Page