Post by
garyreins on Mar 10, 2024 11:05am
WHY TRUMP MUST WIN.
If you want to make $ as a REIT guy, he will do it. He gets whats GOOD FOR BUSINESS AND AMERICA. He will unleash american energy, crude and gas will come down, the fed will be fired asap or pressured to lower rates. 5.5% rates is insane, should be 4% now, a bit restrictive.
Ok maybe he wont accomplish lowering inflation
But at least we know JOE B had 3+ years already and couldnt deliver. With no victory lap on inflation and easing soon you can chalk it up to his long list of failures! THE AMERICAN PEOPLE ARE NOT HAPPY!
Comment by
Silverad0 on Mar 10, 2024 11:10am
Agree 100% Canada with another year or heaven forbid one more term with Trudeau will be RUINED!
Comment by
rad10 on Mar 10, 2024 5:21pm
absolute wingnut - complains about inflation but expecting a 25% drop in interest rates and a collapse in gas pricing..... Economic genius! Get the popcorn! I vote Gary for treasury secretary.....
Comment by
Torontojay on Mar 10, 2024 8:56pm
To be technical, the Federal Reserve does not print money. QE is not money printing and it's not directly responsible for creating inflation. That's why when the Fed did QE in 2008 that it did not create inflation as the pandemic did.
Comment by
garyreins on Mar 10, 2024 9:03pm
"not directly responsible for creating inflation. " arent you the person who is looking at excess money supply and saying thats why inflation will still remain high. "not directly" but one catalyst
Comment by
Torontojay on Mar 10, 2024 9:09pm
QE does not create inflation. Again, I will reference 2008 as a classic example.
Comment by
Frankie10 on Mar 11, 2024 8:18am
I most respectfully disagree - I believe 'inflation' is the expansion of the money supply. There is no price inflation without monetary inflation. Under a hard money standard, i.e. gold, there would be price deflation with modest monetary inflation due to technological advancement. Highly recommend Jeff Booth's book Price of Tomorrow.
Comment by
BlueJay2020 on Mar 11, 2024 3:03pm
1 agree with you, Frankie, as does Milton Friedman.
Comment by
Torontojay on Mar 11, 2024 3:08pm
I agree with Milton Friedman too.
Comment by
Frankie10 on Mar 11, 2024 5:16pm
Yes bro. I could never say it is plainly and eloquently as he does here: https://youtu.be/F94jGTWNWsA?si=IYwnKhkbwDLN1248
Comment by
Torontojay on Jun 10, 2024 9:16am
Hi Frankie, sorry I can't answer your question.
Comment by
Torontojay on Mar 11, 2024 1:11pm
Rad, are you joking me? All the job growth is part time employment with 10 out of the last 12 months of revisions downward.
Comment by
rad10 on Mar 11, 2024 1:25pm
Canada or US? Facts matter.
Comment by
rad10 on Mar 11, 2024 1:27pm
https://www.bls.gov/news.release/empsit.nr0.htm