✺roguetrick✺

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Joined 2 years ago
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Cake day: February 16th, 2024

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  • Monetary policy, interest rates, asset inflation, and stagflation all are directly linked. The Fed isn’t alone in causing this disconnect, which I acknowledged by noting previous administration policy, but the interest rates and quantitative easing have always been very related to asset inflation and wealth inequality and have been a direct target of the Fed. There’s a reason why Trump wants them to reduce interest rates further so badly despite the fact that since Volker even the Fed itself says that worsens stagflation. I directly dispute the models that say this stuff is benign or helpful because if anything rising income inequality is one of the biggest predictors for extreme economic depressions. And frankly it’s not just the Fed that’s doing this shit. It’s the whole Western liberal economic system.



  • Trump policies are just taking the mask off of previous fed policies at a faster rate. Wealth effect nonsense to fake a healthy economy eventually comes due.

    Trump is hyper focused on asset inflation because he’s a moron who is literally incapable of seeing a bigger picture, but Powell and every previous administration have been doing the same damn things since before 2008 that increased income inequality and further divorced the actual productive economy from “the economy.”