The stock market is gonna love this, LOL
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Well it's a good thing the minimum wage is indexed to inflation. Wait what's that? It's not? Shit!
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Then soon comes a great recession.
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MAGAnomics
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After all the boasting about higher wages, how could anyone not expect prices to go up?
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a recession in Trump era is unavoidable
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don't tell the peasants that 2% engineered inflation is 2% engineered THEFT of their savings/wealth by our own crooked
@federalreserve....shhhhh, don't tell 'em.....$gold$silver#bitcoin -
This isn't because of the "
@federalreserve", it's due to Congress spending trillions on tax cuts and infrastructure that we don't have. Borrow & spend = higher inflation. -
think again, Travis, over the past ten years,
@federalreserve has pumped several TRILLION into the banks....and its all coming home to roost now....NOTHING was fixed, nothing has changed & NO REGULATIONS are being enforced now....for them. -
Fed pumped trillions in to the banks in a weak economy, and inflation was muted. Congress pumps trillions directly in to an already hot economy, inflation soars. But you're right, we're in for a period of higher inflation going forward.
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this is all going to the very top, wage pressures are almost non-existent (in reality) ...look at & watch labor force participation rates -- very low, & NOT due to laziness...jobs don't pay enough to afford gas & childcare to take them.....
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Good thing the gop tax scam save me 6 bucks a month so i should still turn out on top. This is residuals buiness gets huge tax cuts then hike prices. Time to break up some industries and get some REAL competition rolling.
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*ridicules
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Who could see ever that coming? "... as separation of wealth continues, lack of cash and inflationary pressures start to strangle consumption starting with workers displaced through automation..."
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The thing that scares the hell out of me , if things go south as they did in 2009 there is no reserves to stimulate the economy (too huge of debt and the large deficit from the new tax plan ) as we did last time and we will be in deep deep sh**
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Bye bye tax cut.
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Republicans: Saying you are wrong doesn't mean I won't give up the liberty to repeat the same.
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