BlackRock: Away from stocks and bonds, recession is coming

[kik]

Dollar is the biggest of all

[sity]

Oceania area are more inclined to receive vaccination and continue to work, hence labour participation is better. I like  s mostly but this  is poorly done and from the start, the stance that the lady from Quill intelligence is to bash the Fed. This  should be renamed - Inflation - Bash the Fed@ I think you guys has chosen a guest that is overly critical of the Fed. That lady from Quill intelligence sound likes the US Fed owns every darn problem she mentioned. In Australia and Asia, are there any significant inflation spikes like Europe and US ? No. Most of the Supply chain is in Asia. In Australia, their energy prices are stable because they harness solar energy. People in the Asia

[park]

Did Mr. Sherman write these thoughts back in 2017 and just find his notepad for this hearing? Jesus, why is he up there asking questions?

[DABC]

Protect your  money you paranoid hoarder

[accra]

Ahhhhh

[tls1]

At least we dont have a racist Russian kgb spy in the White House am I right?

[kyr]

The 'crisis' won't stop until they usher in that chip if ya know what I mean.

[met]

Can bursting a crypto bubble save the inflation?

[jlow]

This has more to do with more scrutiny on his company

[fero]

"THIS HIGH INFLATION AT 6.8% IS A SELF-INFLICTED CRISIS CAUSED BY AN INCOMPETENT JOE BIDEN, WHILE PRESIDENT TRUMP ALONG WITH PREVIOUS PRESIDENTS ENJOYED A INFLATION AVERAGE OF 1.2% OVER THE COURSE OF THE PAST 40 YEARS"

[oll]

As a south african can I ask a question>

[ovax]

They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive.  Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation.  The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money.  Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use).  I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.

[mim]

I just made my first $20,000 in cryptocurrency  I'm so glad I'm gonna have a successful retirement.

[girl]

I mean quotlow riskquot and also quot20% a yearquot in the same sentence. If you invest in something like this you are really stupid or smart enough to scam others while it lasts.

[dff]

3. DOJ Garland is afraid to do his job and wants others to pursue Trump in Civil Court