6 Comments
Aug 22, 2022·edited Aug 22, 2022

Eliminate consumer demand, except for food, of which "they've" killed off making that.

Edit: Oh and I forgot power, including heat.

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Of course, additional tax burdens on producers will tend to slow down the supply catch-up thereby extending the pain.

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Aug 21, 2022Liked by Peter Nayland Kust

There are so many obvious negative issues that the Fed (and others) seems to ignore.

1. The Fed's dual mandate is contradictory. (If I were on the Fed, I would resign because of that contradiction.)

2. Europe has no natural gas, thanks to Russia. Europe is a pretty important economic power.

3.. The US seems eager to start a war with China, which just happens to be the place from whence the world's "stuff" comes from. Some of that "stuff" could even be considered necessities.

4.. The US's "forced" transition to renewable energy will be bumpy to say the least. Prosperity and energy must have each other at all times.

5.. Earth's humans still have not recovered completely from the insanity of "social distancing."

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Aug 21, 2022Liked by Peter Nayland Kust

Who are the 3% who think a recession can be avoided? Executives of the cannabis industry?

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