Rusty & Ashley Pond

2016 Candidates' Taxplans give Big Debt & promise miracles. I analyze em all with an IncomeInequalityRatio to cut thru the BS. #RestoringTrueFreedom still best

[Rusty & Ashley Pond @Silver_Buck]

@adbridgewater @KeeHakLim @charliebilello "The solution, it seems to me, is for the government to"
LOL good luck with that, even though it's right.

[Rusty & Ashley Pond @Silver_Buck]

@TheBigMoneyShow @RiggsReport @foxandfriends Good idea but at 8%, ie if we keep Fed Put under the market (we are back to QE already!), I get
$1000*1.08^18=$4000
$1000*1.08^28=$8630
But anyway
1. What taxes pay for the $1000?
2. What taxes pay for the tax shelter?
If we want rates to go down deficit has to go down. No magic.

[Rusty & Ashley Pond @Silver_Buck]

@MattEganCNN @NewsCentralCNN @Boris_Sanchez I like today's better, Peasants paying $295/mo ie $3600/year more to live than a year ago. Thats a budget buster for all Normal People.

Orange Loves The Inflation cuz he thinks when rates go down thats the same as prices going down. Remember his math grades!

[Rusty & Ashley Pond @Silver_Buck]

@MattEganCNN @NewsCentralCNN @Boris_Sanchez 1.50 "the problem is that their wages..."
wrong message. Paying ppl more to do what they did last week is the very definition of inflation

Metric is the Dollar Bill, period. 2% is bad but tolerable, 4% is awful. 4% means that over your life span, a Dollar Bill shrinks to 6 cents

[Rusty & Ashley Pond @Silver_Buck]

@MattEganCNN @NewsCentralCNN @Boris_Sanchez Nice, but
1.20 3% is twice as bad as 2%

2% inflation=>over a life span you'd need $4 to buy what $1 bot when you were born
3% inflation, you'd need $8 to buy what $1 used to buy.
2x as bad

And of course the 10% Biden peak didnt go away, we pay it every day still. It integrates

[Rusty & Ashley Pond @Silver_Buck]

@KeeHakLim @StevieGhandiz @charliebilello BTC has its own risks but gotta be part of things. Gold, land, stocks, any assets.

Congress-POTI-Fed have failed to defend the Dollar Bill on my Covfefe Table.

[Rusty & Ashley Pond @Silver_Buck]

@KeeHakLim @charliebilello Remember last time Fed wrongly lowered FFR, the other rates went UP. Buyers stopped trusting the Dollar.

[Rusty & Ashley Pond @Silver_Buck]

@StevieGhandiz @KeeHakLim @charliebilello QE is the same as printing money.
QT is same as pulling it back.
But even w $7 Trillion extra printed, Fed is now back to QE. An addiction, they need rehab!

[Rusty & Ashley Pond @Silver_Buck]

@KeeHakLim @charliebilello Why would anybody (except the Fed) buy $UST that dont even pay inflation, let alone after tax?
And when the Fed buys $UST, well thats Printing Money which I agree is bad.
Lower rates encourages borrowing=>more money flow for same goods=>inflation. Higher rates stops that.

[Rusty & Ashley Pond @Silver_Buck]

@baparish @magnelibra @charliebilello Some people actually believe it!

[Rusty & Ashley Pond @Silver_Buck]

@livingfree76 @charliebilello As we speak, Triple QE is happening so we ARE printing money, enabling the $2 Trillion deficits which cause high rates to sell $UST.

[Rusty & Ashley Pond @Silver_Buck]

@shanbatla @charliebilello CAN do that. He never said DEflation though it would only break the MarginGamblers that we failed to clean up after 2008.
Target needs to be CPIH'=1% not 2% for next 12 years or so, that gets it done.

BTW, the wealth-destroyed was never really there. Or it still is there.

[Charlie Bilello @charliebilello]

Monetary policy should be restrictive until the 14% additional inflation we've had since January 2020 above the 2% trendline is erased. There's no point in having a 2% inflation target if you're not going to adhere to it. The Fed should be hiking rates to attack this scourge.

[Rusty & Ashley Pond @Silver_Buck]

@MBjegovic @charliebilello Ever since ZIRP QE became policy circa 2012 I've been using
CPIH'=CPIB' x 4/3
H=Honest
B=BLS
Integrating over 14 years lines up much better w real prices. Sounds like you dont buy anything or pay bills.

[Rusty & Ashley Pond @Silver_Buck]

@AndrgoMRT @charliebilello I Get the fed being there for damping, like shock absorbers on the Model A vs the Model T.
But they abuse it. Max QE needs to be $1 Trillion, where we were before ZIRP QE became policy. And make banks hold free cash-in-vault reserves, dont pay them FFR to do that.

[Rusty & Ashley Pond @Silver_Buck]

@charliebilello Not just Fed its also Congress-POTI running $2 Trillion deficits. All Fed can do is squeeze them, but then Congress-POTI ignore that, and their poor policies lead to job trouble so Fed's silly dual mandate kicks in.

[Rusty & Ashley Pond @Silver_Buck]

@NickTimiraos 8 years of failure >2%
Only 1 year of success (2020) <2%
Something wrong with our monetary/fiscalness.

[Rusty & Ashley Pond @Silver_Buck]

@besttrousers @Claudia_Sahm Core was 2.9% YOY thats terrible, after 5 years of this bipartisan incompetence.

[Rusty & Ashley Pond @Silver_Buck]

@joejumpin911 @Claudia_Sahm Constitution, so, back to the Gold Standard?
I like it!

[Rusty & Ashley Pond @Silver_Buck]

@Claudia_Sahm Use that new Trimmed PCE Warsh talks about.
It says inflation peaked at 5% in 2022 LOL.
And today it's only 2.3% or something.

Disgusting.