For a man such as Jerome Powell to have the courage, to pull out a knife to hack off his arm, would mean that he actually had packed something in the first place. My vision of this man, is that he is not only lost. But he is buck naked standing there wondering if he should go forth into the briar patch, or let the impending tornado behind him come and sucketh him away.
Knowing that he didn't have the foresight (or the balls) to pack everything he needed for the trip in the first place, my bets are all on him doing absolutely nothing. And letting that tornado take him back to Kansas. The hard way.
PG V: I think you're the moron. Hope you are not married. Who could stand you for very long. You have an inflated ego (under statement). I know my history very well and, by the way, I have a Master's Degree and retired from Banking as a Vice President. Also, I have been investing for a long time.
You should know that people who belittles others are very insecure themselves.
There probably ins't enough currency paper to print the trillions that the Federal Reserve has authorized; and it is naught but computer blips . . . ones and zeros. What this nation needs; therefore, is a damned good hacker to gain access, call up Bill Bonner and ask, "Now what?"
Oh here it is, the old saw, the sky is falling, everyone, buy gold. I hate that advise because for regular folks gold does not keep out the rain and cold nor can it feed you unless someone wants it more than the store of actual food that they have, (fat chance I'd say). The currency devaluation is only troubling if wages don't keep pace. The "problem" is debt, that part the old boy got right, the solution at this late stage, besides devaluation, is what????
Bill, I agree with you regarding inflation, however, the trend started long before Powell, I am not holding Powell, in high regard only that he is adding to the issue not starting. Ralph Wood
Since 1980 the inflation rate is up 244%, the buffet indicator is at 202%. The juxtaposition of those numbers indicate a normal progression rate.
The economy is moving along nicely despite what the media reports on all aspects of life. It is strong and financially sound. Go out for a drive and look around. Lots of shopping, dining, and vacationing happening. People filling up their gas guzzlers to the brim! 😂
Gold looks beautiful in the movies, and that’s probably where it should stay.
For a man such as Jerome Powell to have the courage, to pull out a knife to hack off his arm, would mean that he actually had packed something in the first place. My vision of this man, is that he is not only lost. But he is buck naked standing there wondering if he should go forth into the briar patch, or let the impending tornado behind him come and sucketh him away.
Knowing that he didn't have the foresight (or the balls) to pack everything he needed for the trip in the first place, my bets are all on him doing absolutely nothing. And letting that tornado take him back to Kansas. The hard way.
PG V: I think you're the moron. Hope you are not married. Who could stand you for very long. You have an inflated ego (under statement). I know my history very well and, by the way, I have a Master's Degree and retired from Banking as a Vice President. Also, I have been investing for a long time.
You should know that people who belittles others are very insecure themselves.
There probably ins't enough currency paper to print the trillions that the Federal Reserve has authorized; and it is naught but computer blips . . . ones and zeros. What this nation needs; therefore, is a damned good hacker to gain access, call up Bill Bonner and ask, "Now what?"
Tom
If the US goes to a digital currency what happens to gold & cash?
Oh here it is, the old saw, the sky is falling, everyone, buy gold. I hate that advise because for regular folks gold does not keep out the rain and cold nor can it feed you unless someone wants it more than the store of actual food that they have, (fat chance I'd say). The currency devaluation is only troubling if wages don't keep pace. The "problem" is debt, that part the old boy got right, the solution at this late stage, besides devaluation, is what????
Bill, I agree with you regarding inflation, however, the trend started long before Powell, I am not holding Powell, in high regard only that he is adding to the issue not starting. Ralph Wood
Since 1980 the inflation rate is up 244%, the buffet indicator is at 202%. The juxtaposition of those numbers indicate a normal progression rate.
The economy is moving along nicely despite what the media reports on all aspects of life. It is strong and financially sound. Go out for a drive and look around. Lots of shopping, dining, and vacationing happening. People filling up their gas guzzlers to the brim! 😂
Gold looks beautiful in the movies, and that’s probably where it should stay.