Biden is an anti capitalist

[AzogtheDefiler]

Sorry, who was president here?

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

That was due to the pandemic.

 

[AzogtheDefiler]

I read that article in 2 minutes flat. It isn't that long, nor is it a difficult read.

Not you, pknopp he responded in less than a minute.

 

[AzogtheDefiler]

Yellen can't raise rates. When the Fed tries the WSJ goes into conniptions.

She most certainly can. You mean won’t. So she is afraid of the WSJ? Link.

 

[pknopp]

So you did read it. Most people who read the WSJ understand that raising interest rates usually lowers inflation as borrowing costs go up and fewer people purchase crap. Duh

And the markets and the WSJ goes spazz.

This was the same time Trump was crowing about having the best economy ever.

Trump says Fed 'boneheads' should cut interest rates to zero 'or less,' US should refinance debt

 

[Uncensored2008]

Sorry, who was president here?

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

During the worst of the pandemic as the entire economy was shut down?

Don't be such a clown.

 

[gipper]

Opinion | How to Be an Anticapitalist

Progressive policy makers won’t learn that parasites should never kill their host.

www.wsj.com

—- The article is pretty poignant and it’s from the Wall St. Journal. Indeed, Biden has no idea what capitalism really entails as he has been a govt leech for his entire life. It’s his fault that companies cannot find workers. It is his fault that the price of gas has skyrocketed and of course inflation is here and Yellen won’t do anything about it. He wants to punish success by raising the capital gains tax. We need checks and balances.

#Red Wave 2022

Wrong. He’s a crony capitalist.

 

[Uncensored2008]

Not you, pknopp he responded in less than a minute.

Oh I know, I'm just saying that by now he really should have read it - which he clearly has not.

 

[pknopp]

That was due to the pandemic.

Trump was calling for them to do that before the pandemic. He was calling for it while claiming the best economy ever.

 

[AzogtheDefiler]

And the markets and the WSJ goes spazz.

This was the same time Trump was crowing about having the best economy ever.

Trump says Fed 'boneheads' should cut interest rates to zero 'or less,' US should refinance debt

Why are we discussing Trump? Under Trump gas prices were low as was unemployment. Economy was rocking til COVID hit. He actually had strong approval on his handling of the economy overall prior to the virus.

 

[AzogtheDefiler]

Trump was calling for them to do that before the pandemic. He was calling for it while claiming the best economy ever.

We didn’t have hyper inflation under Trump. Inflation was over 5% in June alone.

 

[AzogtheDefiler]

Trump was calling for them to do that before the pandemic. He was calling for it while claiming the best economy ever.

To lower them to zero? No he said the fed raised them too quickly that was all.

 

[pknopp]

Why are we discussing Trump? Under Trump gas prices were low as was unemployment. Economy was rocking til COVID hit. He actually had strong approval on his handling of the economy overall prior to the virus.

Which would have been a perfect time to raise rates and head off inflation.

 

[pknopp]

We didn’t have hyper inflation under Trump. Inflation was over 5% in June alone.

That's not how things work.

 

[pknopp]

To lower them to zero? No he said the fed raised them too quickly that was all.

I guess you didn't read the link.

Trump says Fed 'boneheads' should cut interest rates to zero 'or less,' US should refinance debt

 

[Penelope]

Opinion | How to Be an Anticapitalist

Progressive policy makers won’t learn that parasites should never kill their host.

www.wsj.com

—- The article is pretty poignant and it’s from the Wall St. Journal. Indeed, Biden has no idea what capitalism really entails as he has been a govt leech for his entire life. It’s his fault that companies cannot find workers. It is his fault that the price of gas has skyrocketed and of course inflation is here and Yellen won’t do anything about it. He wants to punish success by raising the capital gains tax. We need checks and balances.

#Red Wave 2022

So what did Mr tramp do?

 

[MarcATL]

So you have no clue? I didn't think so. How is Yellen supposed to "hold back inflation"?

One thing about Republicans and those who support them, is that they have no policies, only complaints. And those complaints all disappear the instant a Republican takes the office.

 

[Bobob]

Opinion | How to Be an Anticapitalist

Progressive policy makers won’t learn that parasites should never kill their host.

www.wsj.com

—- The article is pretty poignant and it’s from the Wall St. Journal. Indeed, Biden has no idea what capitalism really entails as he has been a govt leech for his entire life. It’s his fault that companies cannot find workers. It is his fault that the price of gas has skyrocketed and of course inflation is here and Yellen won’t do anything about it. He wants to punish success by raising the capital gains tax. We need checks and balances.

#Red Wave 2022

Indeed, Biden knows what capitalism really entails and also knows that social programs and capitalism go hand in hand in a society like ours. Capitalism alone will destroy us. Socialism alone will destroy us.
It is not all Biden's fault that companies cannot find workers. Wages are too low in today's world and need to be adjusted, which will happen to attract workers. Inflation is here and Trump's failed trade wars have contributed to it, as we pay much more today for goods.
The price of gas skyrocketed because we now have demand and the oil-producing countries are once again producing. My view is that the tax windfall for the super-wealthy needs to be eliminated, but Congress won't allow it. A capital gains tax increase is perhaps needed to help offset the huge deficit. We need checks and balances.

 

[bendog]

If Biden was an anti-capitalist Wall St wouldn't be funding him. It's like Obiwans thread about biden turning the US into "a latin american style economy." LOL

The .... vapors......

The jury is out on the benefits. Red states that cut them are no growing slower. Inflation? My kid had to buy a car last weekend. Ouch. But ... Trump cut semiconductors and steel. And automakers cut back last year.

The gopers who actually run things want more infrastructure

So, less partisanship ... more wait and see

 

[Moonglow]

Opinion | How to Be an Anticapitalist

Progressive policy makers won’t learn that parasites should never kill their host.

www.wsj.com

—- The article is pretty poignant and it’s from the Wall St. Journal. Indeed, Biden has no idea what capitalism really entails as he has been a govt leech for his entire life. It’s his fault that companies cannot find workers. It is his fault that the price of gas has skyrocketed and of course inflation is here and Yellen won’t do anything about it. He wants to punish success by raising the capital gains tax. We need checks and balances.

#Red Wave 2022

It's Biden's fault I left the corporate world in 1992, yeah and he is responsible for anything in my life that was detrimental and negative...Moonglow

 

[Moonglow]

Opinion | How to Be an Anticapitalist

Progressive policy makers won’t learn that parasites should never kill their host.

www.wsj.com

—- The article is pretty poignant and it’s from the Wall St. Journal. Indeed, Biden has no idea what capitalism really entails as he has been a govt leech for his entire life. It’s his fault that companies cannot find workers. It is his fault that the price of gas has skyrocketed and of course inflation is here and Yellen won’t do anything about it. He wants to punish success by raising the capital gains tax. We need checks and balances.

#Red Wave 2022

Pay wall article...