OK . . . Now I'm Getting Worried About the Market
- Thread starter What Would Jesus Do?
- Start date
I've asked this before, but nobody wanted to take up the question. How do deeper recessions, less jobs, and wilder inflation rates help the poor? Because that is what will happen without the Fed.
Actually, it's you job to prove this is happening, not mine to prove it's not.
Didn't know that Moody's consisted of Fed economists. Pretty easy to win arguments when you simply make shit up.
THe GI Bill (education) and birth of the suburbs (Federal guaranteed mortgages) and the auto boom (manufacturing) post WW2 is what turned this nation around and drove it forward. Defense production certainly moved the nation's economy forward during the war years.
Again. You fail to understand that he who pays the band calls the tune. But, thanks for declaring me the winner.
So it had nothing to do with spending being cut 60%. 10 million more men were competing for jobs. Government doesn't receive a dime until it steals from the producer class. What about Morgenthau's comment?
The deeper recessions happen BECAUSE of the Fed. My God! You people are blind. It is the Fed that CREATES boom bust cycles through their manipulation of rates. First, they print money out of thin air by INFLATING the money supply. Then, as one former Fed official stated (Miller or Burns) , when the party gets too crazy, they pull the punch bowl away (SHRINK the money supply). You are FORCED to accept the currency of this PRIVATE banking cartel created by the Morgan, Rothschild, Rockefeller and Warburg monopolists. I thought you Dems were opposed to monopolies.
Lol, and this post is all that is needed to show you what a fraud you are. These bankers and corporations you hate so much LOVE the Fed.
So which is it Huey? What agenda do you actually favor?
Huey never had success in life. He's always played by the system. When the system failed him, he's looked to blame Republicans, because that is as far as he can see.
This is a guy who can't even admit he's the former Red Warren.
and on the other hand, the producer class doesn't receive anything until the government provides them services and appropriate manpower.
I'm not worried. Trump will be President of the United States in a year and he'll make us so great we'll all be wiping our butts with $100 bills by the mid-term elections.
Serious answer, I have a ways to go before retirement so I am maxed on my 401K, and I just boosted my Roth $100 a month, and I'm looking at buying some bullion. In 10 years I'll look for a cheap plot of land for my retirement and I will shift some investments to more stable funds to maximize capital even if it means less upside at that time. Doubt I'll ever get fully out of the market.
Serious answer, I have a ways to go before retirement so I am maxed on my 401K, and I just boosted my Roth $100 a month, and I'm looking at buying some bullion. In 10 years I'll look for a cheap plot of land for my retirement and I will shift some investments to more stable funds to maximize capital even if it means less upside at that time. Doubt I'll ever get fully out of the market.
Because it isn't wilder inflation, and the job loss lasts a lot longer. Any other questions?
You statist hack. Are you doing comedy now, Henny Youngman? Before there was government, there were free people engaging in commerce. THEN, after stealing the producers money, provided protection.
Free commerce is people trading what other free people want. Cronyism is people trading what the oligarch wants.
After the past 7 years how exactly can you be locking in big losses?
Yeah, because how can you force people to trade what they don't want to without some kind of government?
Don't get too technical on me. I want the good people of this board to be able to keep up.
Easy answer. You bash them over the head with a rock and steal from them. Without consequence.
None needed. Common sense. Do you think there were tribunals in caves for the cavemen? No. People freely bartered.
Too late to sell unless you desperately need cash or you rnade a bunch of shorts you can't cover. Just ride the drop and wait for it to come back. It always comes back. Couple of weeks from now we'll all be laughing about how folks panicked during this stretch.
I was out of the market most of that. I know. I'm the world's worst investor. But even those who were in, probably consider that the increases they enjoyed over most of that period were "earned" and consider the recent losses as "real" losses.
You will drive yourself crazy if you measure of the high water mark.
Judging from what I see on CNBC, that's a short trip for a lot of people.
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