Honestly, looking at the markets - they won’t till 2022. Right now stopping gravy train will cause implosion of all sectors of economy. Now, whether that money will get in the hands of americans and then billionaires or directly to billionaires hands is the question. Have a little hope at least, as a treat.
But interest rates are more connected to average business profitability, at least in some fashion, so yeah they here to stay indefinitely, at least I would be extremely surprised at rates higher than 3 percent. I mean general help with solvency issues for banks, debt buyout and (hopefully for comrades in usa) more helicopter money.
(hopefully for comrades in usa) more helicopter money
huh?
anyways the point is that there's a shitton of austerity politics they can do here w/o tanking the financiers. they've been doing that shit for 40 years non-stop
I mean expansion of programs like 2k checks for people or debt relief. Helicopter money is a Bernanke term, when he proposed something similar in obama years, throw money from helicopter to people.
Re: austerity - its politically unfeasible right now, to implode stock market as you start your term, but who knows, maybe they are that ideological
I replied to your comment in the first place to make the point that they can do austerity w/o imploding markets here (as opposed to like Greece & Spain in 08), because the capital interests pressuring for austerity are domestic instead of colonial.
Oh yeah, they can cut or privatize pension system simultaneously, but that’s even more fuel for stock market. Who knows I’m just a cranky guy looking sometimes at Kondratiev waves lel, which should hit around 2022-2030. But outside of hyperinflation and dollar collapse, business implosion through debt (which they seem to avoid by printer) or war I don’t see a reason for it, so I’m kinda wondering what will happen. Edit: There is also deflationary spiral danger despite money printing, if the economy reaches saturation (a la japan), but that seems even more unlikely, considering usa position.
Honestly, looking at the markets - they won’t till 2022. Right now stopping gravy train will cause implosion of all sectors of economy. Now, whether that money will get in the hands of americans and then billionaires or directly to billionaires hands is the question. Have a little hope at least, as a treat.
Lol like austerity politics in the imperial core will ever touch central bank interest rates.
But interest rates are more connected to average business profitability, at least in some fashion, so yeah they here to stay indefinitely, at least I would be extremely surprised at rates higher than 3 percent. I mean general help with solvency issues for banks, debt buyout and (hopefully for comrades in usa) more helicopter money.
huh?
anyways the point is that there's a shitton of austerity politics they can do here w/o tanking the financiers. they've been doing that shit for 40 years non-stop
I mean expansion of programs like 2k checks for people or debt relief. Helicopter money is a Bernanke term, when he proposed something similar in obama years, throw money from helicopter to people.
Re: austerity - its politically unfeasible right now, to implode stock market as you start your term, but who knows, maybe they are that ideological
Gotcha. Yeah I'll be shocked if they do that.
I replied to your comment in the first place to make the point that they can do austerity w/o imploding markets here (as opposed to like Greece & Spain in 08), because the capital interests pressuring for austerity are domestic instead of colonial.
Oh yeah, they can cut or privatize pension system simultaneously, but that’s even more fuel for stock market. Who knows I’m just a cranky guy looking sometimes at Kondratiev waves lel, which should hit around 2022-2030. But outside of hyperinflation and dollar collapse, business implosion through debt (which they seem to avoid by printer) or war I don’t see a reason for it, so I’m kinda wondering what will happen. Edit: There is also deflationary spiral danger despite money printing, if the economy reaches saturation (a la japan), but that seems even more unlikely, considering usa position.