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Old 02-27-2019, 04:44 AM
Danny B Danny B is online now
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,663
January 2020 and inflation

Regulatory capture allowed the bankers to erase ALL legal and moral hazard. When the bankers blew up the system, they were given bonuses instead of jail time.
" Even after the 5 major banks plead criminally guilty, anyone else would lose their license. Not one banker who really destroyed the world economy in 2007 with their leveraged mortgage-backed securities went to jail or even lost a job. They got bonuses! The SEC said nothing."
https://www.armstrongeconomics.com/a...-with-the-sec/
Good article.

Armstrong has more to say. "politicians fail completely to comprehend the role of trade and Brussels insists upon a hard border so goods do not flow into Ireland without their share of import duty taxes," Bureaucrats live for increased taxes.
"Indeed, the fall of empires is always set in motion by the incompetence of its leaders and their self-interest that they always put before the people they call their subjects. Rome fell because every centralized form of government has failed throughout history. Every Republic collapses into an Oligarchy. Governments will NEVER take action to prevent a crisis. "
"The Economic Confidence Model turns in January 2020."
"But to trade this opportunity, DEMANDS you must have the CONFIDENCE to pull the trigger. To survive the next two years, it requires a clear understanding of how the system works"
"The failure to understand how we are all connected will result in you losing at the end of the sequence. The last domino will be your fate. Without comprehension, you will never see it coming. "

"We are preparing not merely for the adoption of MMT or Modern Money Theory. The politicians will embrace this idea as they realize they are going broke and central banks cannot save the day. The MMT promoters assume that with the expansion of Quantitative Easing and its failure to produce inflation, gives them a green light to print their way out of this mess as government assumes there will be no inflation with endless expansion of money as QE demonstrated."
Everyone with money hates MMT. It could possibly work if it weren't used to finance speculators. Don't hold your breath on that one. Socialist candidates are coming out of the woodwork like worms. MSM is embracing ALL of them,,, no matter how stupid their platform sounds.
Jewish left - Wikipedia
https://en.wikipedia.org/wiki/Jewish_left

The Jewish left consists of Jews who identify with, or support, left-wing or liberal causes, ... Jews have a rich history of involvement in anarchism, socialism, Marxism, and Western liberalism.

It is what it is. A free ride will sound very appealing to most people.
The election should be a humdinger ! Post-election should be one for the history books. turns in January 2020.

QE was targeted at the upper loop of the economy. The upper loop experienced a LOT of inflation in stocks and a few other areas. What Armstrong is implying is; MMT will cause high inflation in the lower loop when GOV tries to rescue both loops. Armstrong implies that you must have perfect timing to preserve your buying power,,,,, and then, jump back back into the markets.

"2018’s valuation records are astounding in that they show the S&P 500 to be more fundamentally over-valued than it was at the prior two historic stock market valuation peaks in 1929 and 2000, bona fide speculative manias."
Yep, inflated.
"It didn’t represent a healthy economic growth cycle, but rather an insanely irresponsible, and arguably criminal, manufactured bubble boom where central banks printed enormous amounts of money to inflate asset prices like stocks, bonds and real estate."
"Equally significant is the generational cycle. Birth rates are at a 30-year low in part because millennials are too broke and in debt to buy homes and start a family. This is now the largest voting bloc in American politics, and I highly doubt they’ll just sit around and continue to get systemically fleeced well into their 30s. This is why socialism is becoming popular."
https://libertyblitzkrieg.com/2019/0...top-the-cycle/

First posted it on Twitter, it was hailed as “stunning” and “one of the most important charts about the economy this century.”
You really should read the article.
"During the most recent 21-year period from January 1998 to December 2018, the CPI for All Items increased by exactly 56.0%"
Not true but, go on.
" Average wages have also increased more than average inflation since January 1998, by 80.2%, "
Not true, continue.
"last 21 years while average prices have increased by 56% and wages increased 80.2%
a. The greater (lower) the degree of government involvement in the provision of a good or service the greater (lower) the price increases (decreases) over time, e.g., hospital and medical costs, college tuition, childcare with both large degrees of government funding/regulation and large price increases vs. software, electronics, toys, cars and clothing with both relatively less government funding/regulation and falling prices. "
OK, so anything that the State touches gets inflated like snot.

"last 21 years while average prices have increased by 56% " This is the number presented by the State. Shadowstats has different numbers with inflation computed in a manner used previous to the bogus adjustments. For the last 10 years, inflation has been running right around 10%.
http://www.shadowstats.com/imgs/sgs-...d&t=1550066990
Alternate Inflation Charts
So, this computation of 56% price inflation in the 21 years period is all based on falsified data.
"Quotation: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.."
Gold will eventually make some price changes, https://www.macrotrends.net/assets/i...1463161188.png
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