June 09, 2023

Filthy Lucre

Nikki Grace

My prediction, the Fed is going to raise the rate in June, maybe again in July and then hold for a while, quite a while. Probably years.

The perverse objective is to get as many people as possible laid off. So that they use up their savings, liquidate their wealth, sell their homes at bottom feeder prices, in order to survive, maybe commit suicide.....

Think of it.....that is to cover the spending fiat dollars pouring into the hands of government cronies, military industrial, filthy and corrupt Ukraine, and laundered back to the politicians.... . The bill just passed by Congress and signed by Old Joe...... That is the source of the misery that is coming....and the populace does not understand what is going to happen to them.

Tim adds:

Sadly I agree Nikki. This Keynsian idea of inflation being from too much consumer spending is horsepoop. Slowing the "overheated" economy is in fact doing exactly what you say here. It's wrecking an economy that was already in trouble. And why? So Biden and the Congress can take more of our money and blow it to their own benefit.

Posted by: Timothy Birdnow at 10:03 AM | No Comments | Add Comment
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