A Major Country Is About to Do the Unthinkable – What Happens Next is Shocking!

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It’s not that their rate cuts hurt the economy, it’s the lag time between purposefully destroying people’s jobs and then letting them go through unemployment, max the credit cards, then the economy amplifies that loss of purchasing.

dk
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I love these "Do The Unthinkable" days

PaulStoffregen
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Like the government isn’t also padding the manufacturing numbers and it still sucks

ronjarman
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These comments are hysterical. I watch each broadcast for the openning salvo, read the comments, then go back to the broadcast. Best free entertainment 7 nights a week! And USEFULL! Excellent analytical, critical thinking skills and forecasting ability. This is very difficult to compile and serve up everyday. Amazing!

BooyahReport
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Printing money causes inflation which causes prices to go up. If wages do not go up by the same percentage as prices, people will feel the pain of paying more for the same.

Raising interest rates reduces the desire for borrowing which in turn reduces inflation in that new fiat is introduced into the money supply via new loans. Less loans equals less inflation.

Prices of good, services, and probably most significantly, assets begin to stabilize at their new higher values while wages fall behind in relation.


So the rich get richer (assets increase in value) and the poor get poorer (wages buy less) and the cycle just repeats itself.

codewarrior
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Another shocking update. Thank you Steven. Appreciate your efforts to inform and analysis. Keep preparing people. Chaos looming prepare accordingly the best you can. Blessings to all.

garymensurati
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Collapse in manufacturer orders is transitory, and no issue.

TONYMOR
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No giant corporation drops prices if there's no real competition. Continued price setting and gouging.

gemeinschaftsgeful
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Inflation YoY is stable/sticky and higher than 2%, so I agree with Kansas FED Chief, a man with sense trading the data in front of him and not extrapolating it into what it MIGHT BE in the future.

TONYMOR
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This comment section is hilarious 😂 Thanks for the information Steve.

johncolombo
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wow, unthinkable AND shocking in one video.

trump
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80% Canadian trains are on strike. This could stop the motor of the world ?
UK train drivers are on scheduled strike days.
Many ports are going on strike.
*I N F L A T I O N* is stopping the motor.

Carlos-imhn
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And those service providers are NOT dropping their prices so things can't be that bad.

TONYMOR
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It's Thursday: prepare for continuing claims chart

yankee
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P is doing what he's told . It's politics again to keep the demos in office

frankannis
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I feel the big crash is close now, unemployment is SKYROCKETING here in Sweden!

swedish_sadhguru
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No more extra money to buy goods. Goods piled in Warehouse and overflowing out the door no one buying. Credit is maxed out prices went over 100 percent inflation. A60000 wagoneer is 123000 today. Nah its not going to work

mrbob
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We need a good dose of deflation to repair the economy, so no need to worry, cheaper prices = spending BOOM!

TONYMOR
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There is enough cash on the sidelines, we don't need a single rate cut

David-ftl
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The UNTHiNKABLE is every day event...

larsel