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Why hesitate to raise rates?

Because the intention isn't to fight inflation. "Too little too late" was designed to fail. They wanted the best (for them) of both worlds, high inflation in core CPI, to pay for the cost of high rates, the 'tax' of which will be bunted to the consumer.

Corporate welfare for them, socialist destruction for everyone else.

The entire collapse is manufactured. It's artificial and purposeful destruction.

A naked power grab and massive wealth transfer to the banks.

Why hesitate to raise rates? Because the intention isn't to fight inflation. "Too little too late" was designed to fail. They wanted the best (for them) of both worlds, high inflation in core CPI, to pay for the cost of high rates, the 'tax' of which will be bunted to the consumer. Corporate welfare for them, socialist destruction for everyone else. The entire collapse is manufactured. It's artificial and purposeful destruction. A naked power grab and massive wealth transfer to the banks.

(post is archived)

[+] [deleted] • 4 pts
[–] • 3 pts (edited )

Makes sense. There are two classic ways to reduce sovereign debt 1..Increase GDP so you out grow your debt w increasing tax revenues 2. Inflation. Pay off 30 year bonds with dollars worth 1/10th of the ones you borrowed.

Option 2 benefits the State, but totally screws the citizens....but citizens perceive it as "price hikes" caused by companies, not nationwide poverty engineered by Washington. The anger gets misdirected.

[–] • 1 pt

Would be interesting to see an inflation-based "put" against bonds. Don't know if thats a thing because I'm not a regular investor.

[–] • 2 pts (edited )

U mean I-bonds? https://www.cnbc.com/select/what-are-i-bonds/

...or are u talking about actual puts you can leverage w margin?

BallsOfSteel

[–] • 0 pt

U mean I-bonds? https://www.cnbc.com/select/what-are-i-bonds/ ...or are u talking about actual puts you can leverage w margin?

I'm too ignorant to know the difference, but I'd appreciate if you would be willing.

[–] • 2 pts

I disagree.

  1. They may want to use the crisis to seize more power, sure, but they always want that.
  2. I doubt it will work that way. Look at what happened in Sri Lanka, people are just burning shit down, not giving more power to the government.
  3. I believe what is happening now is a result of kicking the can down the road until reality set in. We should have crashed in 2008 and 2010 with the Greek crisis, however, instead the decision was made to bail out EVERYONE and EVERYTHING. The only outcome possible after that would be massive inflation. THAT is what we have arrived at now.

In short I am very optimistic that our corrupt clown world is finally collapsing under its own weight.

The only question is whether the common man will allow the system to die or if they will allow and even demand Soviet styled confiscations from their neighbors and price controls to feed themselves.

[–] • 3 pts

The only question is whether the common man will allow the system to die or if they will allow and even demand Soviet styled confiscations from their neighbors and price controls to feed themselves.

Anyone that tries to confiscate anything from me, my family, my neighbors, or my community--gets met with a very unfriendly welcoming party.

[–] • 1 pt

Inflation is created. There is no fighting inflation. There is only don't make inflation happen.

[–] • 0 pt

There is no fighting inflation.

I disagree. Stop the source of the inflation, and the inflation goes away.

[–] • 0 pt

Central banks. But you missed my point

[–] • 0 pt

But you missed my point

If you have a moment, explain it for me.

[–] • 1 pt

If only there was a worldwide monetary system that they don't control and can't print more of. Maybe something they can't restrict? It'd be wild if we were able to take "money" back from the government. They've been using it as a weapon against us since 1913

[–] • 1 pt

it's no coincidence the euro and dollar are now equally valued

[–] • 1 pt

Yes.

Nobody is this incompetent. Incompetence can explain a little but not the entire story. All these 'stupid' mistakes are only stupid when you think they are honest with their goals.

[–] • 1 pt

CBDC

[–] [deleted] • 4 pts

They can take their CBDC and shove it up their ass. What are they going to do to you when their armies are all trannies and they sent all their weapons over to Ukraine? You realize most of us will be better equipped than they are soon? You think they will subdue inner city chicago? In the fall of Rome the military and government ceased being a factor at all. They could not equip, supply or pay their military and the government had no power. The denarius was worthless. No one wanted to trade with them and there was no domestic production or very little. You aren't going to fix any of those issues by issuing a digital coin. They should have issued it at the height of their power not at the tail end of it.

[–] • 1 pt

This was half the purpose to COVID and the lockdowns. The next step towards a digital ID linked to CBDCs and the other half to reduce the population.