Bidenomics

16 Replies to “Bidenomics”

1. it never left . they dont understand cumulative effects. and we haven’t seen an inflation number of less than zero ,

2. All the numbers are fake. You can’t throw around money like that and not cause inflation.

   1. It’s transitioning from your pocket to a large club fund, which you are not a member and never will be.

      ‘What’s in your wallet ?’

3. Quantitative Tightening isn’t working any more than Quantitative Easing.

   And the government numbers are useless

4. It is worse for Canada, we have the inflation and negative growth, and the banks are underwater on their bond portfolios. Hard times, very hard times ahead.

5. Someone explain to me how the government can give Banks a butt load of money, and it causes them devaluation?
   It makes no sense.
   If I pay off your house you can’t afford to live there. ?
   B S .

   Just maybe more is going out the back door than coming in the front door?

   1. Need to clarify your question?

      1. Peter
         Federal Reserve Payments to Banks Trigger Largest Ever Operating Loss.Federal Reserve Payments to Banks?

         1. I read the article but it still makes no sense

            1. I saw a video clip, but have not seen an article.

            2. Lots of money gets moved around to hide things, but basically you end up with certain private entities (well-connected politically) make the profits while the public gets stuck with the offsetting losses. All the shiny numbers look too good to be true, because they are.

            3. Finally figured it out, it’s not the banks that’s the federal government they lost 160 billion because of the 34 trillion dollar inflation negative interest, just like Kenji said negative negative bonds, government debt.

6. Everyone I know is still hunkering down … deliberately buying nothing and making as few business transactions as possible. What do you think happens to the economy when that happens? We’re nowhere near the road to recovery … $34T National debt won’t allow it.

   Krugman believes in “the new economy” … where businesses don’t need to make profits … and the government can just spend as many newly printed dollars as they wish. The Democrats are LOOTING America … creating useless “green” jobs in government … geniuses who devise new ways to take away your dishwasher and eliminate Natural Gas. Hint: that’s not helping the economy … or the lives of Americans

   1. I don’t know if Trump can solve it. we are in deep do do.

      Even God said you would
      Wake up one morning and say.

      “What Enemy hath done this?”

   2. I think kenji just predicted our economic destruction sad but true.
      Even millionaires face bankruptcy.
      1929 x 10.

7. US CPI was negative for the month of December. The headline annual number went up. In other words, inflation in Dec23 was LESS NEGATIVE than it was in Dec22. Expect a similar result in Canada. Canada’s CPI for the month of in Dec22 was -0.6. Unless prices DROPPED more than 0.6% in Dec23, the headline CPI will go up. The monthly inflation number for December could be zero or negative and the annual CPI will nevertheless increase. This review of the math is 8 sentences longer than any of the talking heads will consider as they ignore everything except the headline numbers.