Recent content by Krugminator2

So he's selling public assets, eliminating price controls and subidies, laying off 50,000 public sector workers, and cutting welfare programs. Are ANY of those things bad? This is RonPaulForums, right? Not CommunistDipShit forums?

Donald Trump took office in 2017. The inflation rate at the end of 2016 was 274%. Venezuela had the highest inflation rate in the world after Maduro's first year in power in 2014. Donald Trump didn't ruin Venezuela. Sanctions didn't ruin Venezuela. Socialism did. Seizing the means of production...

The main China stock ETF (FXI) which is the Dow of China is trading where it was at the beginning of 2006. The Chinese Tech stock index is lower than it was in 2012 when it first started trading. It is interesting how many people here think central planning works and China is somehow...

Exactly. Countries don't trade. People trade. And the only reason that people trade is if they benefit. And they should be able to do what they want with their money. Arguments for protectionism are the most Flat Earth, know-nothing arguments at their know-nothingist. Thomas Sowell has a...

From the guy who did the original academic work on the Yield Curve. 1. Inflation is over. Fed should probably cut next meeting if anything. Fed still using backward metrics for shelter that use data from a 12 months ago 2. He used the 2 yr and 10 year yield curve and average recession time...

But are they the experts? The yield curve is the best predictor of recession. Their own website using market signals and not their "expert" opinions says this is the highest probability of recession since 1981, yet they are talking about their base case is no recession...

I know that is some sort of snarky response. I honestly don't know what you are getting at. Could you tell me? Are you saying they should continue to tighten so we get an even more severe downturn?

That take is why the Fed was so slow to deal with inflation and why they've now overtightened. The headline number is for the trailing 12 months so inflation won't look as bad when it flares up and will look worse even after it is beaten. M2 has had it biggest percentage decline ever. From...

The unemployment rate was 20%+ in the Depression. It is 3.8% or so now. A car is actually more affordable using his numbers. Cars last four times as long and require less maintenance. Plus they are much safer and have a lot more features. The average sq footage for a home in 1930 was 1100...

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Old Dominion Saia XPO Logistics Arc Best JB Hunt seem to be figuring it out. My dad worked his entire career for Roadway. Even before this freight recession, they have constantly been on the verge of failure. They ultimately failed for one major reason. The Teamsters killed the golden goose...

Unfortunately even smart people don't spend two seconds using Google. I assume Rand's Chief of Staff and not Rand actually wrote the book but still... https://theweek.com/speedreads/561614/rand-paul-made-bunch-thomas-jefferson-quotes

Here is RFK on the record -allow homeless to sleep, piss and shit on themselves on public property. Also give them more free stuff -Supports free health care to illegal immigrants, giving federal funding to cities that are sanctuary cities to spend on illegal immigrants, in state tuition for...

Exactly 12 months later... NASDAQ +30% S&P 500 +20%

Real assets don't shield you from inflation. Wealth inequality was near the lowest in history in the early 80s after prolonged inflation because equity prices had stagnated. There is no rich person who likes inflation. Here is a 16 year chart of the Dow during the last period of high inflation.