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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Stock markets breaking record highs, on hope that FED lowers rate.JUST DOES NOT MAKE SENSE!
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Anonymous Coward |
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Post Content
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This time the economy is going to crash up, aka HyperInflation!!! Its only a matter of time, I wouldn't be surprised if we see the Dow hit 30k by years end.
Quoting: Atlas Will Shrug 73952609 There are no signs of Hyperinflation in the market. Inflation rates are hovering around 2%. Even when the rates hit 16%+, during the Jimmy Carter years, was not considered Hyperinflation... There is no reason to think that an economy growing at 2%-3% can not grow 5%-6%. This will not cause Hyperinflation. The USA saw 5%+ growth during the Reagan Presidency. That was not Hyperinflation. Look at China, they were growing over 6% for years and they were not in Hyperinflation... The EU and other Countries are lowering their Fund Rates in order to compete with the USA. This is stimulating their markets and not causing hyperinflation... Lowering the USA's Fed Fund Rate 0.25% will not cause Hyperinflation... Your inflation is 9.5% by your 1980 metrics and 5.5% by your 1990 metrics. Not according to this article... [ link to tradingeconomics.com (secure)] Don't use outdated metrics... Then don't compare inflation in the 80's to inflation now. Apples, oranges based on vastly different metrics....
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