by yungsta12
I know this beating a dead horse, but I’m going to beat it some more. I’m worried the Feds and our leaders are digging us into a bleak ass future in the US. We keep kicking this can down the road and we will need to pay up soon. The Feds and policymakers are in bed with big money. We the people need to understand that we are getting robbed in broad daylight. I made decent gains last year in the market, but understand that my standard of living is degrading daily due to inflation. We should be aggressively tackling this problem and not babying the freaking market. It’s either you take the hit now or keep kicking that can down the road and take a wallop later. China is taking the lumps now. They are watching out for their real economy instead of babying equities. They understand it’s better for their future. We in the US need to tell our leaders to wake the hell up.
Is this an innate problem with maturing capitalism? What exactly are the Feds doing that is helping the general public?Even with the revised CPI formula, inflation numbers are through the roof. The Feds inflated and pumped so much liquidity into the market that it didn’t keep us afloat, it ballooned us to epic proportions. All of you crying about the dip in January, we are basically at Oct 2021 levels! While the economy was shutdown/stagnant and household debt increased dramatically last year, our market reached all time highs. We need to deflate this bubble, get inflation under control, and take our lumps now!