FED Just Screwed Trump & USA

[Althea]

True. The Fed does not affect bones or their diseases.

As if I didn't already know that this topic is way above your pay grade.

 

[Althea]

It built all three. Today's roads are paved with PRIVATE companies making asphalt, concrete, and even the gravel and sand for the road. It is PRIVATE industry that makes the steel for the bridges and roads. It is PRIVATE industry that makes the machinery to make the canals and tunnels. Other private companies also lay a lot of road, build bridges, or dig canals. Private companies build the safety systems we use today. Private companies even stripe the road.

They DO build infrastructure. They built not only roads, but power lines, substations, water supply systems, sewage treatment plants and their systems, and on and on.

Most power plants are PRIVATELY owned. So are most oil wells. So are most refineries. So are most nuclear plants. The equipment IN those plants is built by other PRIVATE companies.

You really have no clue, do you?

LMAO. OK...I see that you spend most of your time with video games, and have less than a cursory understanding of the topic.

Baby steps:

Who FUNDS the projects you mention above? No private sector investor would ever waste money on these projects because they are loss leaders. That's why the federal govt. steps in. Or local governments. Maybe you should read up on things like the Erie Canal, and the sort?

If private industry built the roads, they'd all have tolls. There are one or two roads in this country that were purchased privately. Why don't you tell us how that worked out?

 

[Master Fang]

Translation:

Get ready for Republicans to blame the fed, Obama, and Hillary for the coming Trump Great Recession.

Softening up the marks - yup.

 

[Guno צְבִי]

Capitalism lurches from crisis to crisis, this bubble will end the way the last one did, and then we'll redistribute even more societal wealth to the aristocracy. Again.

It is part of the capitalist system boom and bust with the ruling class reaping the benefit

what we are seeing now is the last stages of capitalism: fascism is capitalism in decay

As the bourgeois lose power once capitalism begins to naturally decay, they will attempt to hold on to their power however they can, i.e. building a police state.

 

[evince]

without capitalism you cant have freedom

 

[evince]

the founders invented a hybrid government that helped to harness capitalism


It works great when the assholes like the republicans are nit constantly trying to dismantle the fettering the founders KNEW capitalism needed to stay functional


its not capitalism you guys hate


its unfettered capitalism the republicans keep trying to see that you hate


without capitalism this nation will fail completely

name one nation that is NOT capitalist that you admire

 

[evince]

The other way to look at this is the fact that rates were so low for so long indicated we had a serious problem.

yes


its called republican economic policy


it fucks us every time its employed

deregulating of capitalism to benefit only the wealthy


IT NEEDS TO BE PROPERLY FETTERED TO FUNCTION FOR HUMAN BENIFIT

 

[Irish Exit]

When inflation hits 3.5% it will make it look like the economy is growing at 5%

 

[Into the Night]

I guess you'd have to give us your definition of 'bubble'.
...deleted NBC propaganda...

So now you want to start a semantic argument over the meaning of 'bubble'???

Not even close. But I guess you would have had to be paying attention to the last crash to know the difference.

I did. This one is setting up the same way with the modifications I already mentioned.

 

[Into the Night]

Stock buybacks are not 'investments in the industry.

Non-sequitur fallacy. I am not talking about stock buybacks. BTW, stock buybacks ARE investment in industry!

Wealth creation is the issue.

True. Only capitalism is capable of creating wealth. Soclalism can only exist by stealing wealth.

Good only if it increases wages/jobs. Thus far, it hasn't. For more than 10 years.

Get your head out of the ground.

re: jobs
All evidence to the contrary.

Argument of the stone fallacy. The data has been presented to you.

Good only for those who have investments. That's the point you are trying to argue against, without a clue as to what you are talking about.

No, good for everybody.

re: wages
LMAO. Of course they are. 2% or so. ...deleted insults...

Wages are determined by price discovery, unless someone tries to implement price controls. Price controls never work. They always cause shortages. I guess you feel that 2% is not greater than zero.

Interesting. So you disagree with the premise of this thread. First intelligent claim you've made thus far.

Yes I do. YOU, however, want to turn it into a rant against Trump and against Republicans in general. It is YOU that is deviating from the main argument of the thread.

 

[Into the Night]

As if I didn't already know that this topic is way above your pay grade.

Then why did you bring it up???

 

[Into the Night]

LMAO. OK...I see that you spend most of your time with video games, and have less than a cursory understanding of the topic.

Baby steps:

Who FUNDS the projects you mention above?

Power companies are funded by private investors. So are the power lines they install in most cases. Water supply systems are often private companies. They may even compete for business street for street. Even roads are built by private funding. Everything from parking lots to six lane highways.

No private sector investor would ever waste money on these projects because they are loss leaders.

They are? You don't think people can make money building a power plant or a road?? HAHAHAHAHAHA!

That's why the federal govt. steps in. Or local governments.

They don't fund the building of everything.

Maybe you should read up on things like the Erie Canal,

The Erie Canal is not the entire infrastructure.

If private industry built the roads, they'd all have tolls.

And they do.

There are one or two roads in this country that were purchased privately.

There are a LOT of roads that are purchased privately.

Why don't you tell us how that worked out?

Very well. A lot of people drive on them.

 

[Into the Night]

It is part of the capitalist system boom and bust with the ruling class reaping the benefit

what we are seeing now is the last stages of capitalism: fascism is capitalism in decay

As the bourgeois lose power once capitalism begins to naturally decay, they will attempt to hold on to their power however they can, i.e. building a police state.

Fascism is not capitalism in decay. Fascism is a one of the two forms of socialism. It is government oligarchies (or dictatorship) telling you what you can sell, where you can sell it, what you can charge for it, etc. But you get to keep the company, and all the risks for running it.

The other form of socialism is communism, where the government takes ownership of your company as well. You no longer own or run the company at all.

BOTH can only exist by stealing wealth.

Capitalism is the only system that CREATES wealth.

 

[Into the Night]

without capitalism you cant have freedom

It is the only freedom there is. Socialism steals wealth. Theft is not freedom.

 

[Lightbringer]

Fascism is not capitalism in decay. Fascism is a one of the two forms of socialism. It is government oligarchies (or dictatorship) telling you what you can sell, where you can sell it, what you can charge for it, etc. But you get to keep the company, and all the risks for running it.

The other form of socialism is communism, where the government takes ownership of your company as well. You no longer own or run the company at all.

BOTH can only exist by stealing wealth.

Capitalism is the only system that CREATES wealth.

Good post. Btw you made an excellent point earlier about student debt.

 

[Into the Night]

yes


its called republican economic policy


it fucks us every time its employed

deregulating of capitalism to benefit only the wealthy


IT NEEDS TO BE PROPERLY FETTERED TO FUNCTION FOR HUMAN BENIFIT

Capitalism benefits everybody, not just the wealthy.

 

[Sailor]

Capitalism benefits everybody, not just the wealthy.

Capitalism is what pays for all the social programs in this country. Tell that fact to a progressive, watch their head explode.

 

[Nordberg]

Trump replaced Yellen with Powell. That leaves no way to blame the Dems. Trump's man all the way. The increases are generally trying to dampen inflation. Trump gave lots of money to the wealthy, he does not want to cheapen it.

 

[cawacko]

Trump replaced Yellen with Powell. That leaves no way to blame the Dems. Trump's man all the way. The increases are generally trying to dampen inflation. Trump gave lots of money to the wealthy, he does not want to cheapen it.

Actually Bernanke and Yellen are responsible for the years of zero rate policies and three rounds of QE. Because they have been removed doesn't they aren't still responsible for what they did and the repercussions we still face.

 

[cawacko]

There's no real estate bubble. Sure...QE 1-3 were meant to free up borrowing for building, but the real winners were the banks who didn't pass the rates along. Meanwhile, there are stricter regulations for lenders/borrowers, and the market is nothing like it was just before the crash.

Wacko tends to drink and post a bit too often.

Eh, good to see you are still the jackass you've always been. There is no real estate bubbles? Besides the fact the Feds wanted this bubble "the wealth effect" you think these are sustainable prices across the country? No way.