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  1. Replies
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    Don't forget that the Fed is a semi-private...

    Don't forget that the Fed is a semi-private corporation owned by the TBTF banks.
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    US debt which just recently passed $33T is now at...

    US debt which just recently passed $33T is now at $33.6T and growing at $40B per day. Debt will be $34T in 45 days. Worse is the interest payment growth on this debt, which is now larger than the...
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    Pol's are trying to keep all the balls in the air...

    Pol's are trying to keep all the balls in the air until after the next election. After that it will be up to the next guy to figure out how to keep the place from burning down while they blame him...
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    Yeah, that's he home city these days and I think...

    Yeah, that's he home city these days and I think he was holding a peace conference.
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    Kingston! Were you visiting with Gerald Celente?

    Kingston! Were you visiting with Gerald Celente?
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    Used to go to Rochester, many decades ago, for...

    Used to go to Rochester, many decades ago, for business and when there were big companies in Rochester. I used to call on Xerox, Kodak, Rochester Products and a bunch of smaller companies. The Kodak...
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    Ah yes, my wife and I were in Montreal for the...

    Ah yes, my wife and I were in Montreal for the Canada Day parade back in 1984. Belated happy birthday for our northern neighbors.
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    Following a pied piper is an age old story....

    Following a pied piper is an age old story. Sheeple are fat, dumb and happy right up to the time they're lead to the sheering.
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    I surely do remember the Reagan years with fond...

    I surely do remember the Reagan years with fond memories. Just as I also remember the chaos of the Carter years. I just wonder if we will survive the Biden years.
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    Even worse for people on fixed retirement income.

    Even worse for people on fixed retirement income.
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    "You can be sure the top 10% increased their...

    "You can be sure the top 10% increased their share, so that means what if the pie is the same size?
    Would be fine if was mostly done by hard work, contribution, or invention etc, but most of it was...
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    When "growth" is really just inflation reflected...

    When "growth" is really just inflation reflected in price increases, there's no real growth happening. Statistics don't lie but liars use statistics!
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    They will inflate and inflate killing the value...

    They will inflate and inflate killing the value of the dollar and pay you with worthless dollars in an amount that won't buy a couple of six packs per month. But it will be the promised dollar...
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    Real interest rates for bonds is still zero or...

    Real interest rates for bonds is still zero or negative. So why would anyone saving their wealth invest and hold bonds. Day traders that play on changes in rates and are the only ones hopefully in...
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