Wall Street’s Regulatory Gains Will Fall Under Joe Biden, The current DEBT-FUELED Market is a Confidence Led Economy – October 5, 2020,

Rapper Ice Cube made a statement in which he stated something regarding the lack of inflation after all of this money printing, a lot of people are confused as to why with all the money printing under Donald Trump and Barack Obama as to why America hasn’t experienced any inflation yet?

America actually has experienced inflation, it’s just that he inflation shows up wherever the government is most. In America, most of their government institutions are bankrupt, Americans, are a mobile group of people, Americans regardless of their voting patterns tend to move to areas of the country with the lowest cost of living.

New York City and the State of California are losing humans at an alarming rate, primarily because of Progressive policies, and inflation via the government has been destructive for these States Private Sector.

Now, Deflation exists primarily because of debt levels, this deflation is actually the worst type of deflation because if inflation occurs when the federal reserve via American retail banks provide liquidity to Mainstreet and the private sector doesn’t want the money in fears of Democrat over regulatory President, that’s where the economic bubble bursts.

A lot of these Democrat writers are clueless about what is happening in the markets today or maybe they do know what is going on and they don’t care. Debt fueled economies are based on confidence and the problem with the modern Democrat Party is that they’re all about regulations.

All of this gender-pay-gap nonsense is a regulation, the Paris accord is a regulation, police reform is a regulation, Obama-Care is a regulation, open borders in which and free health care for illegal immigrants is a regulation. All of these regulations are regulations on the private sector because in order for employers not to be sued they have to stay within the confines of Joe Bidens regulations.

The economy basically refused to budge under Barack Obama, there was absolutely no reason to bail out Wall Street when Obama did it. He did it, he was forced to do it, because Obama was a regulations President
and needed the support of Wall Street to pass Obama Care which by the way revolves around Wall Street.

Donald Trump Bailed out Main Street and quite frankly the cost for America was less than it was for Obamas Bailing out of Wall Street because one of the main reasons why the Wall Street Bailout is so expensive is because the UNIONIZED people who work for American auto companies get paid inflated wages as well as inflated pensions.

Furthermore, the economy was already weak under George Bush, hat Trump has done is a miracle, we’re talking about a historic deflationary pandemic here and Donald Trumps’ economy has managed not to crash? I personally can’t blame Ice Cube who probably thinks that the economy is run on autopilot for assuming that if the government can print money for everyone.

The only reason Trumps economy works is because of confidence, the confidence exists based on Trumps’ regulatory policies. Technology is DEFLATIONARY, all of these iPhones and laptop computers and the internet have erased the needs for a lot of things, a person can now be employed because of their Smartphone, I personally can do so many things with their iPhone that they used to have spent thousands of dollars into perpetuity in prior years.

The internet has gotten rid of Blockbuster video as an example, it’s also turned a lot of people into cable cord-cutters all of this stuff is DEFLATIONARY.

What hasn’t deflated is the cost to run the Government! I’ve been writing for years that Socialist dogma is now obsolete, what isn’t obsolete are the Socialists holding onto dear life of their guaranteed incomes.

I don’t know why any young person would not want this current economy to crash? Now I personally think there is going to be a crash whether or not Donald Trump is president, what worries me most is the response to the coming crash, I know Biden is going to try to revive the economy with more regulations, my hope is that when the economy crashes under Trump he’ll cut regulations.

Now, who knows, maybe Trump might add regulations also, the one thing I hate about Trump is that he wants to keep interest rates low. We all see the writing on the wall, it’s not a matter of if it’s a matter of when the economy will crash and based on the rhetoric by Joe Biden and Kamala Harris, the markets know they’re going to react incorrectly.

Now under Joe Biden, the nightmare scenario is that interest rates might be forced up while Biden adds regulations to the economy, that’s what many of us believe will happen, another scenario under Biden is that interest rates might remain at zero and inflation will run hot, confidence, confidence, confidence, that’s what’s driving the markets right now and anyone dumb enough to think that Joe Biden is going to bring confidence to the markets is beyond stupid.

Since Trump caught the Coronavirus the U.S dollar has been retreating, every time news about the potentiality of Donald Trump losing the 2020 election becomes a very real threat the U.S dollar retreats, it’s been happening for months now, Joe Biden as president is scaring the crap out of the markets.

Lastly Wall Street isn’t the problem here, the problem is MainStreet, the reason Obamas economy took so long to recover was that Obama focused on Wall Street, with all of Donald Trump’s faults, Donald Trump is all about the Mainstreet economy, I don’t even think Trump talking about 401Ks is a good idea, but that’s what he does, Trump talking about bringing back factory jobs, that’s Mainstreet, Trump talking about tariffs on countries, that’s Mainstreet, Trumps focus on building a Wall, that’s Mainstreet, Trumps tough stance on crime that’s Mainstreet.

Everything Joe Biden is Wall Street is Wall Street, the Paris Climate accord, that’s Wall Street, making it harder for small businesses o hire people that’s Wall Street, Government-run health care that’s Wall Street, Social Justice, that’s Wall Street, week stance on China and other economic partners, that’s Wall Street! Wall Street doesn’t have to hire American and Barack Obama and Joe Biden reward Wall Street for not doing business in America and this leads to the need for fewer U.S currency being used globally.

 

When Wall Street sees a weak U.S President, Wall Street will react in kind, that’s what happened under Barack Obama, the contrast between Biden and Trump is obvious, Trump is like Dad and Biden is the easy-going pushover Uncle! There is no hiding the obvious, Biden is bad for the economy! The only entities that do well in heavily regulated environments are the very wealthy who can afford it!

 

Wall Street’s regulatory gains set to stand even under Biden | reuters.com

 
Interesting times ahead!