The Federal Reserve's core objective is to keep the US economy and its monetary system as stable as possible, (to maintain control of inflation and the value of its notes), correct? The Federal government has been on a massive spending deficit for 23 straight consecutive years, with no hint of self control yet to be seen. $34 Trillion in total, $1.2+ billion in Interest due to service the current debt. Yet, the Fed continues to let the US Government continue to borrow more, more, more, and more year after year... Why is that? People from coast to coast are all feeling inflation where it hurts the most. Energy and food. The continued spending spree isn't hurting the government, its hurting the people. Isn't all that borrowing contradict the Fed's objectives and goals? When will Jerome Powell and the Fed say, "Ummm, we can't continue to let you guys keep borrowing like this, its starting to look less like necessity and more like irresponsibility" Can someone make sense of it?
When they cut this fall, to try to save our senile POTATUS’ flailing campaign, that will be a huge fiscal mistake-but, that has never stopped them before. Plus, moving the goalposts for what we use to gauge for inflation does not mean the same as getting inflation under control. If inflation was measured correctly, it would be expressed in double digits-which you can clearly see in everyday things like housing & groceries.
Tax paying population is shrinking as well from disruption of Syncytin-1& excess deaths. From this perspective, it’s not a question of what kind of landing but what kind of new environment will be created amidst the chaos.
David Hume had once said “ either a nation must destroy its debt or the debt would destroy the nation”. He was very influential on the founding fathers in formation of America.
How could we get out of using government spending to stop recession. Everything must fail, and we have to hit slump before recovering. Will we have to back the banks again. "This time is different "
The precidences are there! But Yellen and the FED will never be accountable! 😅 In 2011, who got off scott free? Same old , same old! Until people are prosecuted for their crimes, it will continue! 😅
Gold is never going back under 2k thats all I know
SILVER & GOLD...🤩🤩 RUN BABY RUN 🤩🤩
The Federal Reserve's core objective is to keep the US economy and its monetary system as stable as possible, (to maintain control of inflation and the value of its notes), correct? The Federal government has been on a massive spending deficit for 23 straight consecutive years, with no hint of self control yet to be seen. $34 Trillion in total, $1.2+ billion in Interest due to service the current debt. Yet, the Fed continues to let the US Government continue to borrow more, more, more, and more year after year... Why is that? People from coast to coast are all feeling inflation where it hurts the most. Energy and food. The continued spending spree isn't hurting the government, its hurting the people. Isn't all that borrowing contradict the Fed's objectives and goals? When will Jerome Powell and the Fed say, "Ummm, we can't continue to let you guys keep borrowing like this, its starting to look less like necessity and more like irresponsibility" Can someone make sense of it?
Money rules man, they're making loads so it's good for them and for the government, but as you say, us the peasants pay for it 👍🙈
Great source to purchase PM from. Now a great stream for me to learn about finances. 🙏
When they cut this fall, to try to save our senile POTATUS’ flailing campaign, that will be a huge fiscal mistake-but, that has never stopped them before. Plus, moving the goalposts for what we use to gauge for inflation does not mean the same as getting inflation under control. If inflation was measured correctly, it would be expressed in double digits-which you can clearly see in everyday things like housing & groceries.
Nice Production, Apmex!
Transitory is so 2021! Never heard that word again
In a market collapse people liquidate to get cash to pay debts and bills.
That includes gold.
It’s the bailout after that sends Gold higher.
Tax paying population is shrinking as well from disruption of Syncytin-1& excess deaths. From this perspective, it’s not a question of what kind of landing but what kind of new environment will be created amidst the chaos.
David Hume had once said “ either a nation must destroy its debt or the debt would destroy the nation”. He was very influential on the founding fathers in formation of America.
Well done and much appreciated.
Keep them coming.
Correct...Death Debt Spiral.....not going away
We’re screwed!
Bread and circuses for the people. Nothing new under the sun. People are addicted for distraction.
We'd be in recession if Uncle Sam wasn't fast and loose with the credit card.
Glad all his longterm social program bills are paid up! (sarcasm btw)
Gold is a long term holding, a hedge against inflation, not a get rich quick gamble.
How could we get out of using government spending to stop recession. Everything must fail, and we have to hit slump before recovering. Will we have to back the banks again. "This time is different "
Powell is another Arthur Burns, the inflation king of the 1970's.
"GDP" includes govt spending (34% in 2023). Put that in your pipe and smoke it.
The precidences are there! But Yellen and the FED will never be accountable! 😅 In 2011, who got off scott free? Same old , same old! Until people are prosecuted for their crimes, it will continue! 😅
🎉🎉🎉
👍
TRUMP.