US federal budget deficits since the US went off the gold standard… without gold keeping them honest, politicians in Washington DC have created huge budget deficits… we are now going into a recession/depression with debt/GDP 130%… with increasing interest rates and a Fed $8.8 trillion balance sheet…


by silvertomars

 

  1. Inflation is transitory, will hit 2% in 2022
  2. Recession is very unlikely
  3. Interest rates won’t rise until 2024
  4. Inflation is actually good for you
  5. They literally supported buying bonds/ETFs

Now, we are paying for these failures.

 

Tags budget, deficits, federal, keeping, since, standard, without



Source link

Related articles

Moonshot AI releases Kimi K2.7-Code, claiming 30% decrease reasoning token utilization in comparison with K2.6, obtainable underneath a modified MIT license (Sean Michael Kerner/VentureBeat)

Sean Michael Kerner / VentureBeat: Moonshot AI releases Kimi K2.7-Code, claiming 30% decrease reasoning token utilization in comparison with K2.6, obtainable underneath a modified MIT license  —  Moonshot AI launched Kimi K2.7-Code this...

Bitcoin Liquidation Shakeout Leaves Merchants Watching $66K Resistance And $61K Assist

Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure TL;DR Bitcoin’s sharp transfer from the mid-$64,000 space to close $60,700, adopted by a rebound above $63,000, triggered a big leverage...

Nanobiotix: A Royalty-Backed Physics Platform Hidden Inside A Biotech (NASDAQ:NBTX)

This text was written byObserveI've a robust inclination in the direction of high-growth corporations, usually treading in sectors poised for exponential growth. My experience lies in understanding and investing in disruptive applied sciences...

SpaceX Information: Every thing You Must Know In regards to the Largest IPO in Historical past

SpaceX begins buying and selling on Nasdaq as we speak beneath the ticker , focusing on a valuation of roughly $1.75 trillion and searching for to boost $75 billion, greater than 2.5 occasions...

Trump says publish from Iranian international minister is “very optimistic”

Iranian international minister Seyed Abbas Araghchi earlier wrote:The Islamabad Memorandum of Understanding has by no means been nearer. Pending its finalization, the media ought to chorus from getting into hypothesis about its content...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com