Thursday, July 11, 2019

Trump is a Republican Communist party member

$3,355,970,000,000: Federal Spending Sets Record Through June; Deficit Hits $747,115,000,000

At this point government pricing is a mess and most of this spending is going straight to theft.  
The result will be more disinflation, I expect inflation to run below 1% for much of 2020, unless we recess.

One reason for a Fed cut: Powell now fears too-low inflation
Trump is raising interest charges so high that there is no discretionary spending left among the millennials.  And that leads to debt/deflation, and we are stuck, we may be stuck waiting for the Fed to disappear, replaced by sandbox.

No comments: