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Re: The Fed is hiking rates excessively into an economy where consumer spending growth was only 1.1% in Q1. This probably wonâ��t end well. 

By: micro in POPE 5 | Recommend this post (3)
Mon, 07 May 18 10:36 PM | 51 view(s)
Boardmark this board | Pope 5 		Msg. 00736 of 62138
(This msg. is a reply to 00734 by Decomposed)
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Are we back on the Gold Standard yet???

THAT would be a good first step. OUR Gold. Not everyone else's. JMO.

Or we could do a platinum standard . Even rarer than Gold, And more valuable...


ANYTHING but the DEBT standard...


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The above is a reply to the following message:
Re: The Fed is hiking rates excessively into an economy where consumer spending growth was only 1.1% in Q1. This probably won’t end well.
By: Decomposed in POPE 5
Mon, 07 May 18 8:46 PM 		Msg. 00734 of 62138

Zimbler0:

Re: “If it drives inflation into a very slight negative
number I think that would be a good thing. ”

Agreed. Deflation spooks the Fed, however. They have no tools with which to control it. (You've seen how long Japan has been combating deflation. About twenty years.)

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