Every time you tell us not to worry, things start to go bad.
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Yes when wages raise more than 10 cents over a year time to take notice
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The FED business ain't labor; money for nothing
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After eight years of sub 3% GDP, there may have been some pent-up potential.
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And...kaboooom


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You may want to rethink that.
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The Fed is again wrong.
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The need to manage the money supply to keep the economy not too hot, not too cold is a symptom of a systemic defect: We do not share natural wealth equally and we do not account for econ. externalities in efficient & fair way Equal sharing natural wealth: http://gaiabrain.blogspot.com/2018/06/equal-sharing-of-natural-wealth.html …pic.twitter.com/jA1MsEq7vV
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The incessantly low interest rates should be deeply concerning to everyone. Not to mention the lack of a currency standard.
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Totally agree on currency standard but inflation has been relatively in check with these low rates.
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If you look at the devaluation of the dollar, interest rates based on available currency are astounding. Our wages have pretty much stagnated since 2008, yet all of the consumer goods have soared, and consumer debt is at all time highs. Just look at how much a Big Mac was then.
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Or the reduction of portion sizes. As well before we went off of the gold standard, consumer prices were dropping, not rising as we have now. Deflation was the norm, fractional reserve banking led way to high consumer spending, and cities/post secondary are using it as a pigybank
End of conversation
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