Re: Unfortunately, repeating a lie won't make it magically come true! /s

On 1/17/23 11:05 AM, -hh wrote:
> On Tuesday, January 17, 2023 at 8:55:27 AM UTC-5, BeamMeUpScotty wrote:
>> [repeat]
> 
> Scotty, Scotty, you really need to stop reading such insane drivel.
> 
> Case in point, he claims: “As things stand, most Americans are
> watching their wages falling behind the price of goods.”

Meaning people can't afford the $8.00 eggs and their $8.00 Starbuck's 
coffee together...  and to stay within their earnings, things will have 
to be cut out of their discretionary spending..., so yes there are goods 
they were priced out of as their wages don't increase at the real 
inflation rate.  But it's a question of priorities and what is left 
behind when you have no money for the things you have been buying or 
want to buy.  Usually you care for kids and old people first and the 
reduce your own discretionary spending and cut out entertainment and 
things that are not necessary to stay alive and keep what little you have.

Rising prices without rising wages is called "losing ground" and getting 
poorer.  And if they do raise wages to keep-up with the current 
inflation, it maintains the inflation in the system due to Government 
spending going up and needing to borrow more money at higher interest 
rates... sucking up more GDP growth that can't be used by the PRIVATE 
SECTOR GDP to keep the economy growing, so they can afford that 
government growth.  Debt isn't growth, debt is the loss/theft of growth, 
debt is an anchor that drags the PRIVATE economy to a halt. With no 
growth there is no way to pay for the expanding government except more 
debt that reduces the Private sector's economic growth even more.  It's 
as the Democrats like to say...  *A FEEDBACK LOOP* that makes the 
problem even worse, they tell us that as they waste money on Government 
Global Warming projects because they say the CO2 creates a FEEDBACK LOOP 
of warming? Meanwhile the Democrats ignore the feedback loop of fiscal 
decline and the economic bottomless pit that they created.


> Do you know _anyone_ who’s had their boss tell them that they’re
> having their hourly rate reduced?

Or they don't have a job there tomorrow? Didn't a bunch of people lose 
their jobs just days before Christmas?

Those with a job, now see their hourly rate won't buy as much today as 
it did yesterday, no wonder you're a Democrats you aren't very bright 
are you, yes your pay has gone down relative to what it bought last year 
it's why there was a (COLA) Cost Of Living Adjustment given to 
government and military and welfare and Social Security earned pay and 
parasite transfer payments.


> Because the Fed’s QT won’t do that. It’s main effect is to cut the
> market valuations of stocks, which reduces paper wealth of those
> with a significant brokerage account, not you & Joe Sixpack.

I've been Joe S Ixpack, it's NOT looking good for that guy.  Government 
is trying to stomp on inflation to reduce it, by increasing interest 
rates, and Joe S Ixpack pays interest on much of what he owns or will 
own... so it does effect him. More of his earnings going to paying 
interest and inflated costs means less going to groceries or gas or kids 
educations or retirement...  and retirement accounts are in the Stock 
Market.  The economy slows and they cut more people... Joe S Ixpack is 
liable to lose his health and house and cars and retirement and more.



McDonald's cutting 20,000 workers and Amazon cutting thousands and many 
many more are cutting workers and their wages were from a minimum of 
about $16 K/year up to the so called well paid jobs of the corporate 
middle management... with even an occasional CEO being replaced like 
Disney and Victoria Secret CEO's

Yes the jobs are downsized, as the economy contracts.

/-> *ADDENDUM*

https://www.breitbart.com/tech/2023/01/16/silicon-valley-slump-1600-tech-workers-laid-off-per-day-in-2023/

https://www.infowars.com/posts/why-the-fed-is-bankrupt-and-why-that-means-more-inflation/

https://www.zerohedge.com/markets/i-have-difficult-news-share-google-ceo-tells-employees-12000-jobs-will-be-cut

*END ADDENDUM* <-/


And I read a lot of stuff, even some of the Democrats drivel that really 
is drivel and while I don't believe most of it, I usually am NOT 
agreeing with a lot of it either... be it a so called "REPUBLICAN" and 
so far not ANY Democrats.

Democrats post streaming lies... and I'll easily toast them as well as 
anyone else, but the Libertarians and some Republicans that I do 
actually agree with are few and far between. And while I wasn't 
scratching the context of article's I read on my walls as if it were the 
zealotry rantings of a profit of God, I did launch my own rant about 
these subjects and I didn't see it as particularly agreeing with anyone 
but rather, I consider most I comment on to be Democrats pissing into 
the wind, and a few catching up to my points of view as they suggest 
that all that spending and borrowing and FAKE ZERO interest rates while 
they borrowed and used it to grow government... as the cause of this 
StagFlation.

http://www.youtube.com/watch?v=Lr1M1T2Y314

http://www.youtube.com/watch?v=ebWJ892h5dA

Democrats told us there was NO mortgage crisis.

The Obama/Biden Regime lowered interest rates to ZERO and printed money 
to expand government Creating an expanded government that needed to keep 
borrowing after the interest rates rise. And since there was no economic 
growth to pay for that government expansion, they need to borrow the 
money again next budget to keep that bigger government going. ONLY now 
it isn't at ZERO PERCENT interest rates.  SO the government prints more 
money to borrow at the higher interest rates to keep all that bloated 
government in place and to NOT give up the power and regulations that 
costs the private sector NOT just in taxes but in interest rates and 
Inflation. The economy starts a nose dive and because government is 
stealing the discretionary money and has so many new regulation, there's 
nothing in the discretionary pile for people to invest in new homes or 
in stocks or in ways to make money for themselves and raise the GDP at 
the same time.

When they raise interest and/or cut the money supply to stomp on "their" 
government INFLATION, it creates more STAGNATION, as the economy puts on 
the brakes, and Vise-Verse when they open the fire hose of printing 
dollars and create FAKE interest rates of ZERO so the Government can 
then borrow trillions of dollars... borrowing those dollars almost 
interest free (except for a few percent for money laundering charge, it 
was free of being at the real market values).

Hiding from reality didn't fix that reality, and it hasn't fixed its 
self. We're still going up and down on the StagFlation see-saw.

My thought was that we need to go back to being a savings economy rather 
than a credit economy, dollars based on gold rather than dollars based 
on a printing press that can add zeros to the dollar bills for less than 
a pennies worth of ink.

Democrats PRINT MONEY and borrow it to use to steal elections... the 
stolen elections track back to having a U.S. dollar that can be used by 
Democrats to steal from the pockets of any person holding a dollar in 
it. If you hold U.S. dollars in a bank or in your pocket or any where 
even when they're just in a computerized system to buy or hold.

Like the criminals who try to skim a penny or the "fractional" amounts 
when rounding transactions and be un-noticed...  only the Democrats do 
it on a grand scale and now they inch their way up towards it being 
noticeable by the smaller cash holding Joe S Ixpack as a single beer 
will cost almost $2.00 for a mass produced tasteless beer brand after 
the Inflation and taxes and the rest of corruption is paid. Democrats 
are pissing in Joe S Ixpack's boots and laughing...


-- 
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
-That's Karma-

*IF YOU'RE READING THIS YOU ARE A SURVIVOR*
*The first rule of SURVIVAL CLUB* is we talk about it, we hate 
censorship. Never trust what Democrats or Marxists tell you. Make them 
prove it with actual verifiable facts and science. And if you didn't 
find the duplicitous lies in what the Marxist-Democrats told you then 
you didn't dig deep enough. The *Gruber* *Doctrine* is the 
Marxist-Democrat plan that says it's "to the Democrats advantage to have 
a lack of transparency and then lie about everything".
https://rumble.com/vkt8ld-call-it-the-stupidity-of-the-american-voter-or-whatever.-how-libs-exploit-t.html

*The next rule of SURVIVAL CLUB* is
139 - Those that seek mediocrity won't win in a contest that rewards 
excellence.