It’s not that their rate cuts hurt the economy, it’s the lag time between purposefully destroying people’s jobs and then letting them go through unemployment, max the credit cards, then the economy amplifies that loss of purchasing.
These comments are hysterical. I watch each broadcast for the openning salvo, read the comments, then go back to the broadcast. Best free entertainment 7 nights a week! And USEFULL! Excellent analytical, critical thinking skills and forecasting ability. This is very difficult to compile and serve up everyday. Amazing!
Printing money causes inflation which causes prices to go up. If wages do not go up by the same percentage as prices, people will feel the pain of paying more for the same. Raising interest rates reduces the desire for borrowing which in turn reduces inflation in that new fiat is introduced into the money supply via new loans. Less loans equals less inflation. Prices of good, services, and probably most significantly, assets begin to stabilize at their new higher values while wages fall behind in relation. So the rich get richer (assets increase in value) and the poor get poorer (wages buy less) and the cycle just repeats itself.
80% Canadian trains are on strike. This could stop the motor of the world ? UK train drivers are on scheduled strike days. Many ports are going on strike. *I N F L A T I O N* is stopping the motor.
Inflation YoY is stable/sticky and higher than 2%, so I agree with Kansas FED Chief, a man with sense trading the data in front of him and not extrapolating it into what it MIGHT BE in the future.
Another shocking update. Thank you Steven. Appreciate your efforts to inform and analysis. Keep preparing people. Chaos looming prepare accordingly the best you can. Blessings to all.
No more extra money to buy goods. Goods piled in Warehouse and overflowing out the door no one buying. Credit is maxed out prices went over 100 percent inflation. A60000 wagoneer is 123000 today. Nah its not going to work
If the federal reserve bank is such a failure then why does the united states federal government allow that entity to remain in charge of the monetary system
Doesn't Government need to sell Treasury bonds? The higher the yield the more they sell. Can't see them lowering Fed rate if the bonds aren't selling but who knows.
NOBODY THOUGHT THEY'D DO THE UNTHINKABLE, CAUSING THE UNTHINKABLE TO HAPPEN
It’s not that their rate cuts hurt the economy, it’s the lag time between purposefully destroying people’s jobs and then letting them go through unemployment, max the credit cards, then the economy amplifies that loss of purchasing.
I love these "Do The Unthinkable" days
This guy is the FUDmaster
yup, every day without fail
I have a preference for "Chaos Is Coming" updates.
I personally like the "Unthinkable" ones, and of course the overly dramatic GET OUT NEEOOOOOOOOWWWWW
Get out now!!! It’s urgent
It's fucking shocking again!🎉❤
Like the government isn’t also padding the manufacturing numbers and it still sucks
Shocking and unthinkable! 🙀
These comments are hysterical. I watch each broadcast for the openning salvo, read the comments, then go back to the broadcast. Best free entertainment 7 nights a week! And USEFULL! Excellent analytical, critical thinking skills and forecasting ability. This is very difficult to compile and serve up everyday. Amazing!
LOL, useful analysis only if you consider the ordinary practice of lowering interest rates as economy weakens to be "Do The Unthinkable"
Inflation is here to stay
It always there is
They could stop inflation, but the damage has been done.
THIS IS TERRIFYING!
Printing money causes inflation which causes prices to go up. If wages do not go up by the same percentage as prices, people will feel the pain of paying more for the same.
Raising interest rates reduces the desire for borrowing which in turn reduces inflation in that new fiat is introduced into the money supply via new loans. Less loans equals less inflation.
Prices of good, services, and probably most significantly, assets begin to stabilize at their new higher values while wages fall behind in relation.
So the rich get richer (assets increase in value) and the poor get poorer (wages buy less) and the cycle just repeats itself.
80% Canadian trains are on strike. This could stop the motor of the world ?
UK train drivers are on scheduled strike days.
Many ports are going on strike.
*I N F L A T I O N* is stopping the motor.
wow, unthinkable AND shocking in one video.
No giant corporation drops prices if there's no real competition. Continued price setting and gouging.
This comment section is hilarious 😂 Thanks for the information Steve.
P is doing what he's told . It's politics again to keep the demos in office
Inflation YoY is stable/sticky and higher than 2%, so I agree with Kansas FED Chief, a man with sense trading the data in front of him and not extrapolating it into what it MIGHT BE in the future.
There is enough cash on the sidelines, we don't need a single rate cut
It's Thursday: prepare for continuing claims chart
Collapse in manufacturer orders is transitory, and no issue.
Another shocking update. Thank you Steven. Appreciate your efforts to inform and analysis. Keep preparing people. Chaos looming prepare accordingly the best you can. Blessings to all.
We can only hope our leaders aren't thus dumb and try something like this!! Fingers crossed 🤞!
FLAG...THE REPORT
I feel the big crash is close now, unemployment is SKYROCKETING here in Sweden!
And those service providers are NOT dropping their prices so things can't be that bad.
WHAT'S SO SHOCKING?
Just wait for them to adjust the jobless claims for past months higher...lol
Stimulus checks are on the way
No more extra money to buy goods. Goods piled in Warehouse and overflowing out the door no one buying. Credit is maxed out prices went over 100 percent inflation. A60000 wagoneer is 123000 today. Nah its not going to work
If the federal reserve bank is such a failure then why does the united states federal government allow that entity to remain in charge of the monetary system
So that they can inflate the debt away the government created by overspending and steal the buying power of the dollar.
The UNTHiNKABLE is every day event...
We need a good dose of deflation to repair the economy, so no need to worry, cheaper prices = spending BOOM!
The end……IS HERE!
great depression
So, you want gsz for your truck, makes 12 pounds potatoes per gallon! Hard currency will be the potato.
If people, all people, everyone quit spending their money, all at once, prices will come down do to they have to sell, move it or give it away
They know PRECISELY what they're doing... Maximizing profits for their bankster masters off the business cycle. Get a grip already.
Doesn't Government need to sell Treasury bonds? The higher the yield the more they sell. Can't see them lowering Fed rate if the bonds aren't selling but who knows.
The dollar has to go..
All Central Banks have to go too.
The SWIFT system has to go
As well or money laundering in
Governments will never end.
Wait! Steve, you have advocated rate cuts for months. What's changed?
U.S. rate cut in about 17 days or less.. 😮
They did the unthinkable again.. get out MEEEEEOOOOW!
Im shocked my home insurance doubled calif
“ITS ALL….. UNWINDING”
Hey LONG STEVIE WONDER…is there any countries left ??
Not "this", oh jesus!
Oh Steve, it is far much more worser than you said
And yet...stock market goes up?!
I'm shocked
I don’t agree w all you say but this makes sense
What does he always see I'm ''mro' ? Steven van Metre ? What is emmero ? 🙃
Buy the dip🎉
You say you want lower rates, but at the same time you admit that like Mexico that will drive inflation. So you want endless inflation?
Gooo Steve
We do not want to repeat 1970's again [Jerome Powell].
He'll isn't coming today!?!?! WTF!!!!🤣🤣🤣
Mexico is a major country?
You know what the problem with Mexico is? It's too damn may Mexicans.
It’s the major financial center for all of the Spanish speaking American countries
Coming to a city near you
Buy now forever bull
Powell to announce rate cuts in Jackson Hole MMMNNNEEOOOOWWWW
Is this a daily parody 😂
Incredibil 😂😂😂😂😂😂😂
where is mad max at? mexico ? oh its coming to the usa... lol sure it is.
I want to listen to you but you need to change your intro!
Only Trump can save the world; vote republican November
First
4 th