I expect inflation to stay low even with higher wages & more jobs because 1 Rep tax cut gives corporations enough money to raise prices slowly if at all holding inflation down & 2 ppl are overloaded with debt so buying will be restrained. Thus Fed rate increases slows the economy
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48.2 M Americans live in poverty 15.5 M Americans under 18 live in poverty 2.5 M children are homeless 77 M Americans are without clean water You have a fucked-up definition of "humming". Maybe those hums you hear are people sharpening pitchforks.
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Here comes the crash
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his challenge - keep pumping without admitting it - like all the locusts have done for the past 10 years
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Don't forget about the $4 trillion dollar Fed balance sheet that he has to unwind either.
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Why the need to raise rates ? Economy is improving and inflation is under control. Not significant! Or does someone’s grandma need higher CD interest?
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That's going to be a good challenge, since interest rates are one of the prime causes of inflation! Then there's our Twenty-one Trillion national debt that has to pay that extra interest! Budget buster??
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Just move the interest rate around in that "crazy bug" style that works so well for
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"easy peasy" Amazed that Bernanke and Yellen didn't think of that.
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