Pimco, Capital Group Say Era of Low Inflation Is Gone for Good

[Toddsterpatriot]

Yellen did raise rates in Dec 2015 until 2019

She didn't raise rates in 2019. Or in 2018. Liar.

 

[Toddsterpatriot]

Because Trump printed 5 times more US Dollars than ever existed. Prices will rise 500% forever until all that money is taken back & shredded.

Is Biden going to do it? Or do we have to wait for a real president?

 

[pknopp]

Is Biden going to do it? Or do we have to wait for a real president?

Biden isn't going to but raising rates is how the Fed does this.

It's not even real money that can be shredded but I assumed everyone knew that. Higher rates, less demand, less money in the economy. (I tried to keep it simple).

 

[Toddsterpatriot]

Biden isn't going to but raising rates is how the Fed does this.

It's not even real money that can be shredded but I assumed everyone knew that. Higher rates, less demand, less money in the economy. (I tried to keep it simple).

And? What else can they do to shrink the money supply?

 

[pknopp]

And? What else can they do to shrink the money supply?

Magic? As raising rates is the only thing we are going to do.

 

[Toddsterpatriot]

Magic? As raising rates is the only thing we are going to do.

Geez.
Shrink the balance sheet.

 

[pknopp]

Geez.
Shrink the balance sheet.

I addressed that. If Trump and the Republicans didn't do it, when do you suppose someone might?

 

[Toddsterpatriot]

I addressed that. If Trump and the Republicans didn't do it, when do you suppose someone might?

Where did you address it?
Biden is president, what's he waiting for?

 

[pknopp]

Where did you address it?
Biden is president, what's he waiting for?

Many, many, many times. Biden isn't going to do it. I supported none of his deficit spending. Biden doesn't really pretend to care.

 

[Toddsterpatriot]

Many, many, many times. Biden isn't going to do it. I supported none of his deficit spending. Biden doesn't really pretend to care.

The balance sheet refers to the Fed and money creation.

 

[KissMy]

Is Biden going to do it? Or do we have to wait for a real president?

Republican presidents never do it.
Biden is removing money printed by Trump!

 

[pknopp]

The balance sheet refers to the Fed and money creation.

And as I noted, they address that with raising rates.

Higher rates. Less demand. Fewer dollars.

 

[Toddsterpatriot]

Republican presidents never do it.
Biden is removing money printed by Trump!

Your chart shows M1 is higher than when Biden took office.
Is he waiting for double digit Bidenflation before he removes any Trump money?

 

[Toddsterpatriot]

And as I noted, they address that with raising rates.

Higher rates. Less demand. Fewer dollars.

Rising rates don't shrink the balance sheet.

 

[initforme]

We have a massive labor force. Just pay them and increased wage and it's all over.

 

[pknopp]

Rising rates don't shrink the balance sheet.

Not "reinvesting" (creating money out of nothing) does.

 

[Toddsterpatriot]

Not "reinvesting" (creating money out of nothing) does.

Reinvesting isn't creating money out of nothing.

 

[pknopp]

Reinvesting isn't creating money out of nothing.

The Fed uses the money it gets by selling what exactly?

 

[Toddsterpatriot]

The Fed uses the money it gets by selling what exactly?

Selling? Who told you the Federal Reserve sells something?

 

[pknopp]

Selling? Who told you the Federal Reserve sells something?

Exactly. I'm not playing your games.