AgTalk Home
AgTalk Home
Search Forums | Classifieds (8) | Skins | Language
You are logged in as a guest. ( logon | register )

Interest rate/ economy thoughts
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
69Cat
Posted 6/24/2022 12:41 (#9719155 - in reply to #9719021)
Subject: RE: Interest rate/ economy thoughts


The things is, no one is that stupid. So those idiots aren't actually idiots. You just think they are working for your best interests. They are not. The idiots are those who actually think the people in control are that dumb.

14 years of loans being shoveled at anyone with a pulse and the peasants actually think the people doing that were working for the peasants best interests. And no, those loans/debt at rates well below the rate of devaluation of the currency were not created by some kind of free market economy or a glitch in the system that allowed houses to have loans at 3%for decades. Those rates were created by manipulation and outright free money creation to pump as much debt into the system as possible.

Those in control know exactly what they are doing. Still do. Just because the peasants don't know what they are doing doesn't make the people in control idiots.

All we do now is see where their plan leaves us. And no, if they wanted a soft landing you would have seen interest rates climb 10 years ago. Unless people actually beleive the purpose of this centrally planned economy is to create infinite growth with endless debt creation because that is best for us.

What has always been and always will be best for a strong and resilient economy is savings. How well has the average person saved and eliminated debt over the last 14 years.

Edited by 69Cat 6/24/2022 12:43
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)