Post
Topic
Board Economics
Re: Fed and central Banks need to do something
by
Poker Player
on 17/11/2022, 04:57:36 UTC
-snip

So your solution for a heroin addict is to give him large doses of fentanyl, right? What a genius, I don't know how I hadn't thought of that before.

LOL! You can change the subject of your topic to "Ramblings of a Spoiled Rich Kid!"

Please correct me if I am getting this wrong, but if I have to rephrase your long rant, which is more like a demand in a middle of a tantrum, into one single sentence, it would be: "Give me money so that I can buy all the things that I want, right now!"

However, if all of you spoiled brats will get what you want, it might spell doom for your country. If printing goes on without an increase in economic output, what good is printing? It will only result to a devalued currency.

Just like that. We have been in a forward flight for many years based on more and more debt, more and more printers, and now because the balance sheet of central banks is reduced a little, just a little, and rates are raised, the OP starts to cry. If they really raise rates to more than 10% I don't know what he is going to do.