The ‘Emperor’ Fed… Chairman Powell has lost his…

[TOM4CWB]

I just watched Chairman Powell tell us 'his work is not done yet' with respect to inflation.

Chairman Powell’s comments that Goods are starting to be disinflationary... because of Fed interest rate hikes is disingenuous at best:

Instead, droughts, the war in Ukraine, the Covid Pandemic, the'New Green Deal' spending of Trillions of dollars... forcing EV technology and Decarbonization/ Fossil Fuel production restrictions...in an economy not ready for commercial transition... are the reasons for inflation.

Chairman Powell is taking credit... for the Feds 4.5% in interest rate increases... reducing inflation... when in reality all the Fed is doing is hurting small business, farmers, and those people least capable of paying the increasing costs of living.

As our civilization is increasingly urbanized... forced further by Climate Change and Pandemic revolution...

The 1% of us that produce humanities food.... are expected to do more with less resources... while being forced into paying more for the capital to transition into this absurd requirement to be Net Zero food producers.

This cannot end well. We are being deceived.

The Good News is being fulfilled; as stated in Mathew 24, in our lives... our civilization…

be of good cheer, the Spirit of Love God gives us.... is our great hope... thankfully...

Not Chairman Powell, increased interest rates, 'The new green deal' or technology.

I deleted the other two posts…. Sorry my smart phone was locking up and wouldn’t post… it looked like.

Blessings and Salutations!

[foragefarmer]

Tom4Tom, I don't know if Powell has lost his mind, but your sure coming close, three threads on the same issue along with Bible verses.

Take this Religious crap over to the Spiritual Vignettes forum so you and Sheep can exchange God Bless you's!

[TOM4CWB]

Tom4Tom, I don't know if Powell has lost his mind, but your sure coming close, three threads on the same issue along with Bible verses.

Take this Religious crap over to the Spiritual Vignettes forum so you and Sheep can exchange God Bless you's!

Be not Deceived. Your discrimination … is only outdone by intimidation and hate in your heart for lost souls… and bitterness for the creator of humanity.

Blessings

[Hamloc]

For a second here let’s get away from the usual piss on each other boots attitude. Jerome Powell raised US interest rates another .25% today and stated there was more to come. Our Canuck equivalent Tiff also raised the interest rate .25% but basically said he thought interest rates were high enough and he felt Canada could pause further rate increases and see what will happen. Now if Canada pauses and the US continues to raise rates won’t the Canuck buck lose value against the American greenback exacerbating the rate of inflation n Canada and making what we buy more expensive?!?!

[TOM4CWB]

When central banks of each country create currency…. (Quantitative easing)…They don’t create the currency to repay interest that will be paid into the future…. To retire that currency (quantitative tightening).

This inherently creates inflation…. And is why interest should not be paid on a nation’s currency for use by the citizens of that country.
In crypto currency… no interest charged…/earned… access is the privilege of owners.
The citizens of a sovereign country own the currency…. As long as these people do not default on loans…. No usery should be charged. Lending to other countries… usery (interest) is then approximate.

Communist countries have historically built their own economies in this manner… the ‘new green deal’ depended upon this fundamental credit facility….

Putin knew this… therefore to maximize the disruptions in decarbonization…. The war in the Ukraine… forcing disruptions in vast sectors of western economies…. Forcing fossil fuels to be valuable… which is what Putin and Russia want.

We bought the deception compounding economic stability… which is why China and Russia are enjoying our chaos.

Cheers

[errolanderson]

Watched the post announcement press conference. Every sentence Powell spoke dovish, the NASDAQ exploded higher. NASDAQ new highs today as tech sector in major meltdown.

Layoffs are now out-of-control, but Powell stated today job market very healthy. FedEx next fallout. Tech, retail, now shipping in-trouble. Fed announced deflation finally after inflation peaked 7 months ago.

Is the NASDAQ overvalued? Diesel, crude took heavy hits. Watch for some amazing volatility ahead. This gig is up . . .

[TOM4CWB]

Some say oil will drop to $40/b…. Others $140/b.

Both could be right… like Errol said volatility will be most likely… Putin will do his best to accentuate volatility.

Cheers

[TOM4CWB]

Tom4Tom, I don't know if Powell has lost his mind, but your sure coming close, three threads on the same issue along with Bible verses.

Take this Religious crap over to the Spiritual Vignettes forum so you and Sheep can exchange God Bless you's!

FF… currency and lending are biblical principles.

I borrow from the Alberta Government (people) and in principle pay for that privilege through interest payments as the principal is repaid.

Banks charging ‘usery’ is payment for that bank lending the currency asset to the citizens of that country… but in fact the citizens of a country own that currency…. If the loan is repaid … for inflation not to occur…. The usery (interest) owed to the country for the currency, must be forgiven…. When the loan is repaid.

King Jesus clearly articulates these principles in the parable of the master lending money to the three servants…. What each one of these servants do…. Explains exactly how currency of a sovereign country must work…. If that money is to be reliable currency…. To the benefit of the country and it’s citizens.

Blessings

[TOM4CWB]

Therefore the use of currency to create prosperity…. Should be rewarded… not taxed with punitive costs by the country with the currency.

Blessings will accrue to counties and their citizens to whom follow these principles . Not my principals…. The designer of the Universe…. Provides these principles for us to follow for prosperity.

Interesting that St Mathew’s expertise was money… in his former life as a tax collector and currency trader.
Cheers

[Old Cowzilla]

For a second here let’s get away from the usual piss on each other boots attitude. Jerome Powell raised US interest rates another .25% today and stated there was more to come. Our Canuck equivalent Tiff also raised the interest rate .25% but basically said he thought interest rates were high enough and he felt Canada could pause further rate increases and see what will happen. Now if Canada pauses and the US continues to raise rates won’t the Canuck buck lose value against the American greenback exacerbating the rate of inflation n Canada and making what we buy more expensive?!?!

As long as we don't buy any steel made products from other countries or fert from companies who base their prices on the world markets we should be ok ************

[foragefarmer]

Therefore the use of currency to create prosperity…. Should be rewarded… not taxed with punitive costs by the country with the currency.

Blessings will accrue to counties and their citizens to whom follow these principles . Not my principals…. The designer of the Universe…. Provides these principles for us to follow for prosperity.

Interesting that St Mathew’s expertise was money… in his former life as a tax collector and currency trader.
Cheers

Tom, obviously your greed has given you a very guilty conscience, and you used the above Matthew Bible verses as justification to make yourself feel better.