U.S. Fed lifts rates amid stronger inflation, drops crisis-era guidance – June 13, 2018
If you’re interested in reading the full Reuters article click the link below:
Now, to get straight to the point Jerome Powell is the 16th Chairman of the Federal Reserve, Now in case you haven’t done your research, Jerome Powell seems to understand main street. What’s main street you ask? Main street is the individuals that aren’t in debt, Main street is the working class, main streeters are the people that don’t have access to credit, main Streeters are responsible for real economic growth, main Streeters benefit from an economic crash, main Streeters may not even notice if wall street crashes.
Most of the debt floating around the world right now is over-leveraged debt, derivatives of derivatives of derivatives. Now, to put this in its proper perspective, Trump is in real estate, not just, real estate but luxury real estate, now let me ask you a question in a real estate crash or credit crunch what type of real estate is least affected?
If you guessed the real estate with the gold toilets ding, ding, ding you’d be correct. When Obama bailed out the banks in 2008, what Obama should have done was what I’ve been trying to tell Justin Trudeau the prime minister of Canada to do NOTHING! Let them fail, let them all fail, the world doesn’t need them, its not really that big a deal, most Americans don’t trust their banks anyway. What I don’t think people understand is that Trump is trying reset everything.
Trump can still see the world in ways many of us have forgetten. A world where sales are key, a world where money is just another form of barter, a world where a silver tongue can get you out of almost any mess. A world where America was great because smart people were given the FREEDOM to be smart. My ideology is rooted in Libertarianism, however, I’m a realest, just because I have a belief doesn’t mean you should have the same beliefs.
However, in a freeier market the better salesmen win every time, Money? What’s money really? what’s gold really? If you don’t have the ability to turn 1 gold bar into 100 gold bars, the 1 gold bar you have is actually a liability. That’s the real world and it’s this real world that spooks leftists to their core because leftist prefer to look down at the salesmen, leftist like to look down at the ambitious, leftist have to control the narritvie otherwise they have nothing, no base, no platform.
When you understand the freemarket, you can, at the very least anticipate outcomes, when you understand the free market economics you can institictively measure the pros and cons of every action you take. When you understand the free market those that oppose it are nothing more than noise makers, who believe that money is everything when the reality is money is nothing more than a convient form of barter.
Which means it should expand and contract like anything else. My view is simple there was NEVER AN ECONOMIC CRISIS TO BEGIN WITH, All America had was an incompetent politician, that was picked to serve the economic interests of the financial elites. Even Hilary Clinton couldn’t get away with Obama got away with. As much as people like to play the race card in one direction, the reality is if Hilary Clinton was President and tried to enact the laws and bailouts Obama passed there would have been massive riots on main street, the race card was actually used in Obama’s favor, nobody wanted to attack the president that looked visibly different from the voters who put him in office. That would be mean, that would be cruel that would be racists… Which is why if you remember, what Clinton’s team was trying to do during her recent race to the white house was replace the race card with the Gender card. IDENTITY POLITICS!
Welcome back world! In closing, if you’re in wall street pay close attention to your stocks, I’m not saying there’s a crash or collapse coming, just pay close attention to your stocks, furthermore don’t underestimate Trump’s removal of regulations, furthermore don’t assume that crash won’t be another excuse for Trump to remove more regulations and even lower taxes some more. Donald Trump has dealt with bankruptcy and high-stress situations before. Try not to look at this from a leftist perspective look at it from an EXPERIENCE PERSPECTIVE! As it stands today the U.S has the worlds reserve currency, ask yourself do you feel comfortable with the notion of Chinese Yuan or the Euro replacing the U.S dollar right now? How about Bitcoin Gold or Silver?
That’s what’s what I thought!
Interesting times ahead.