Fed “Doesn’t Care” About Inflation, Says E.B. Tucker! (ツ)

Discussion in 'Bullion Investing' started by fretboard, May 12, 2022.

  1. fretboard

    fretboard Defender of Old Coinage!

    Fed doesn't care about us at all! :inpain: Tucker has an interesting take on what's going on with inflation and the Fed's response to it. If you haven't noticed it yet, our economy is on the toilet seat and it's about to land in the water next to the deuce you're about to flush! 112.gif All the financial talking heads are spewing out their visions for what will come next. Tucker makes a lot of sense, whether he's right or not, who knows?! :) Basically it's entertainment to me, I use what I can and I ignore the rest. In the video, he starts talking about gold at around 13.20.

     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Raising the prime rate 1/2 percent in one shot doesn’t help anybody, if you were
    broke before your even worse off now !
     
  4. fretboard

    fretboard Defender of Old Coinage!

    Yep, it's all about the mirage to prop up the dollar! :DAccording to EB Tucker, we've all been programed! :)
     
    mpcusa likes this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am just trying to figure out how this is going to make life easier ?
    the squeeze is already on the little guy and now your going to throw a brick at him to....LOL
     
  6. fretboard

    fretboard Defender of Old Coinage!

    Yeah, things are gonna be really tough, especially if you're already hurting financially! Many of us will be fine as we've worked hard to make things comfortable but some who are already barely making it, times are gonna get really difficult! It's a good time to be retired! :cigar:
     
  7. ToughCOINS

    ToughCOINS Dealer Member Moderator



    Retired folks know how much savings and income they have right now, but they don’t know how much their cost of living will rise in the current inflationary environment . . . Personally, I think it’s a better time to be working than it is to be retired.
     
    imrich, AdamL and fretboard like this.
  8. fretboard

    fretboard Defender of Old Coinage!

    Could be right, I think that depends heavily on what kind of work you're doing and whether you're topped out or not. Either way nobody knows what the future holds in the "current inflationary environment", we'll all have to adapt to it.
     
    AdamL likes this.
  9. Andy

    Andy Coin Collector

    The way I look at it from a non political but what I think is a realistic point of view, the truly rich and powerful have been starting most wars and manipulating every market as a way to redistribute more wealth to themselves since the start.pro USA here and pro military, just think the worst often become the richest and the richest don’t care and their best weapon is to divide and therefore not worry about the masses. Not talking about minor billionaires for their assets will be taken away in a heartbeat as well when an opportunity can be created.
     
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  10. Andy

    Andy Coin Collector

    I agree if the person lives in a home with a paid off mortgage in a state that has the homestead act to protect against tax increases based upon market value and if that person has a strong Retirement funds that they started in the 198Os when DOW Jones Average was below 10,000.
     
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  11. Andy

    Andy Coin Collector

    I feel that You also right for those who are living off a fixed income are seeing their purchasing power rapidly decreasing. It is scary times for them.
     
    Last edited: May 14, 2022
    fretboard likes this.
  12. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Yeah, the Fed doesn't care about inflation....that's why they're hiking Fed Funds to 2.50-3.00% and taking on a recession to kill inflation.

    Another YouTube buffoon.
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    More half point rate hikes right around
    the corner, fed says doesn’t care about
    the affect it has on the stock market
    while people are losing thousands :(
     
  14. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The Fed is not in charge of the NASDAQ, it's in charge of the economy and inflation.

    Lots of savers will be very happy in 3 months when money market rates yield 2.50%. A 2-year Treasury risk-free yield is now 2.5%.
     
    MIGuy and element159 like this.
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The Feds decisions directly affect the stock market thats as clear as day, relaxing not increasing is the key
    higher interest rates just make in harder
    on average Americans just trying to
    survive.
     
  16. charley

    charley Well-Known Member

    Amazing. Just amazing.
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It really is, people were struggling before
    what now ??
     
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The Fed sets SHORT-TERM rates...not long-term rates. Those are set by inflation.

    Were you around in the 1970's ? The Fed refused to get ahead of the curve and interest rates for an entire decade. The long Treasury peaked at 15%.:mad:
     
  19. slackaction1

    slackaction1 Supporter! Supporter

    70's you mean that other decade ago Yeah I remember well, tried to raise a family back then through the seventies and eighties. trickle down started in early 80's
     
  20. Andy

    Andy Coin Collector

    People with real money made a killing on the guarantee treasury bills. OPEC and China brought a ton as well if I remember correctly.
     
    MIGuy likes this.
  21. Andy

    Andy Coin Collector

    They even made a movie about the concept called Roll Over I believe where they explain our a foreign nation can control the US economy by cashing in on notes/bills instead of continuing to hold them. Part of issue on importance of buying down debt.
     
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