Weekly Reminder: The economy is great, inflation is fake and gas is cheap.

Up In Smoke

Well-Known Member
As Buffett is considered one of the greatest investors of all time, as well as one of America's richest men, his moves are closely observed and analyzed.

"The money supply of the United States, broadly measured [M2], started contracting in July 2022, and has been falling like a stone," Hanke said. "Since last year, the U.S. money supply has contracted by 3.3 percent."
According to Hanke, there have been only four periods in U.S. history—in 1920-21, 1929-33, 1937-38 and 1948-49—in which the money supply has had significant contractions.
"Each of those four episodes was followed by a serious recession," he said. "The current monetary contraction is clearly going to lead to precisely what monetary contractions always lead to: a recession."

David Wagner, portfolio manager at Aptus Capital Advisors, told Newsweek that Buffett is likely holding on to more cash because insurance costs have increased, and "historically, Buffett has stated that his company likes to hold cash on its balance sheet to cover potential insurance losses."

The billionaire might also be keeping cash on hand "for optionality if there is market weakness," Wagner said.
"And right now, cash is earning a relatively healthy nominal return. If the market were to take a fall, he'll be ready to buy when valuations are lower, much like what he did in 2008.
QT is the plan of the Fed to raise rates and extract money from the economy. Warren Buffett has 50% of his investments in 1 stock.
 

vantexan

Well-Known Member
You think 2/3 of the population is Native American?
He's saying that at the rate it's going eventually a third of our population will be here illegally. That'll take awhile but all people in the U.S. who were born overseas is now estimated at 48 million. About 1 out of every 8.
 
Must be fun lying and believing your own BS.



17,000,000/335,000,000 = Just over 5%
you know illegals have kids right? the hispanic population didn't go from 2 million to 62 million by magic, none of them belong here at all

anyways i'm counting any non-euro peoples
 

rickyb

Well-Known Member
the osage oil rich natives didnt control their wealth, they were treated like children and given an allowance by whites who managed their wealth

likewise workers dont control their jobs and follow orders. this is also comparable to being treated like a child

workers must own and control their jobs together to truly be adults or free for that matter. the idea that natives cant manage their money or workers cant control their jobs is one and the same - just an excuse to make someone else rich other than those who rightfully deserve it.
 
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