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The New Space Race:
Holy Cow! It’s going to be crowded up there (LEO – Low Earth Orbit) soon. “Gravity” may go from being a scifi movie to a disaster fact.
How else are they going to achieve total control of us? Thousands of satellites will make the job simple.
“In essence, when The Federal raises the Federal Funds Rate (Inflation!), banks raise their prime rates, to match (Inflation!). That in turn raises business loan rates (Inflation!), mortgage rates (Inflation!), and car loan rates (Inflation!). So if The Fed keeps this up, look for a slowing home building industry (Inflation! fewer homes higher prices per home), and a slowing car-making industry (Inflation! fewer cars made, higher prices per car). The secondary effects are higher bond yields (Inflation!), higher credit card rates (Inflation!), less consumer spending (not gonna happen), lower business profits (marginally), and less borrowing, in general (not likely).”
Sounds like inflation to me. Fed’s efforts to control their imaginary inflation is to cause inflation. All the while ignoring the real inflation in the economy that effects all the citizens.
Fed needs to get out of the way and actually let the free market work, causing natural deflation, a function of the free market and real competition. (No, sadly, that’s just a fantasy.)
I might be wrong about the car manufacturers, they actually attempt to compete in the marketplace. Though there might be a new thinning of the auto manufacturing marketplace. Look for Ford, GM, and maybe Chrysler to fold unless they are again deemed too big to fail. In particular, Ford. They have debts that were not wiped out by the bailouts in 2008 since they did not take the bailout.