tag:blogger.com,1999:blog-3776665703590564248.post8859019918116057909..comments2024-03-12T19:08:47.056-04:00Comments on Return To Excellence: Inflation Analysis - Its Cause, Cure, & Danger From ChinaReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3776665703590564248.post-23485789114984513562022-05-22T23:41:53.910-04:002022-05-22T23:41:53.910-04:00The interesting part is the Democrat states receiv...The interesting part is the Democrat states receiving the bulk of the money.<br /><br />Doubtful if this helps them. <br /><br />These states will vote for anyone with a D after their name, sorry to say including Good old New Jersey.<br /><br />What has to happen if the Republic has a chance to recover without a really ugly revolt is for Republicans swamp the Dem in 2024. Literally take at least 60% of the House and majority in the Senate with strong no nonsense candidates, tell the McConnell's of the party, their days as the leaders are over, and these people will have to learn how to handle the media, something they have been severely lacking in.<br /><br />The ability to explain their position in simple terms and when challenged by the unenlightened media and Democrats take the offensive and force them into trying to explain their asinine theories and policies. In other words don't let them up for air.<br /><br />Can this be accomplished, who knows?<br /><br />But if they take control and let the McConnell's and their 220 batting averages run things there is no chance of a long term turnaround.DCnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-2494985754016860212022-05-20T00:50:46.110-04:002022-05-20T00:50:46.110-04:00Excellent post, I understand the concept.Excellent post, I understand the concept.JRnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-88200611686459425742022-05-19T19:35:39.679-04:002022-05-19T19:35:39.679-04:00I don’t understand much about interest rates etc. ...I don’t understand much about interest rates etc. but I know this govt. thinks nothing of spending trillions of dollars with your $ like water!!! I pray we’ll survive Biden and minions presidency. I hope Trump gains the gift of wisdom and prudence to carefully choose his words and criticisms and that he has an ego diminishment!!!!!!SRKnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-73363130198773888182022-05-19T00:23:36.146-04:002022-05-19T00:23:36.146-04:00Doug - excellent chronology of 2020-2022 fiscal an...Doug - excellent chronology of 2020-2022 fiscal and monetary gaffes that were root causes of inflation. This chronology will be perfect for future 'honest' history classes.<br /><br />Regarding Powell:<br />I am not sure he simply erred by being over confident supply chain issues would be resolved. Even if they would have been resolved as he expected, debt levels and great disparity between supply of dollars would still pack high inflation rates. Meanwhile, the Fed bought majority of Treasury debt. The responsible action would have been to only purchase a small minority of Treasuries and allow rates to increase. This action may have stopped inflation in its tracks and stop extra Congressional spending. This could have stopped the unnecessary $1.2 Trillion "infra' Bill which was hardly "infra". Rather it was largely "pork" and "climate change related". For these and other reasons, I rate Powell as one of the worse or the worse Fed Chief of my lifetime (I am 65).<br /><br />Regarding: "Increasing the supply of oil & gas back to the point where just two years ago America was energy independent would bring down the price of gasoline @ the pump without any action by the Fed.":<br /><br />Absolutely. Furthermore, inflation would be much lower had we maintained energy independence (and extended that by flooding global markets with world's cleanest Fossil Fuels). Instead 2 extreme problems emerged: (1) Inflation and very likely (2) Russia Ukraine invasion as Russia was profiting with the high oil prices due to Biden Admin was against US fossil fuel.<br /><br />Furthermore, our Gang Green Team is comprised of fake environmentalists. If they were truly concerned about air quality, no way would they support Biden Admin policy of swapping US world's cleanest fossil fuels for worlds most environmentally unsafe from enemy nations.<br /><br />Read results of this policy (just learned from co2.earth):<br />April 2022 recorded most CO2 ever. Results listed below. Yes- it is largely from fossil fuels. However, starting in early 2021, the world’s cleanest fossil fuels (U.S.) started swapping that for the most environmentally unsafe from Russia, Mid East, and now Seeking Venezuela. This was an utter failure as renewable green energy could not negate the impact of US producing less clean fossil fuels. We all desire renewable green energy. But we must do it reasonably in stages. Hence, increase US fossil fuel production simultaneously while aggressively developing green energy and electronic vehicles. We need more private entrepreneurs like Elon Musk. source: co2.earth 422.06 is the all-time high for daily CO2 levels. View the details and records for atmospheric CO2 on daily, weekly and monthly time scales. Daily CO2: 422.06 ppm Apr 26 2022 NOAA Monthly CO2: 420.23 ppm April 2022 data Weekly CO2: 420.37 ppm Mar 7-Apr 2 2022 data Yearly CO2: 416.45 ppm 2021 data<br /><br />Times are tough on multiple fronts. We must do all we can to reverse the economic debacle we are in. I encourage all readers to carefully vote in upcoming primaries. I live in Congressional District NJ-11 and am very active supporter and campaigner for a 1st generation Mexican-American, 3 time Iraq war vet, successful entrepreneur - runs a health services company in NYC. He will work across the aisle to codify Energy Independence, optimistic any veto will be overridden. More info -- <a href="https://www.tobyforcongress.com/" rel="nofollow">click here</a> for Toby Anderson's website. Economics501noreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-885584978744466822022-05-18T19:42:15.304-04:002022-05-18T19:42:15.304-04:00As usual, very well written article. Where are th...As usual, very well written article. Where are the congressman and senators we put into office? They seem to be in hiding. JWnoreply@blogger.com