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Case for a September Rate Hike
invite response
2015 Sep 6, 7:54am 11,509 views 42 comments
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indigenous
2015 Sep 6, 6:37pm
The elephant in the room is how much the increase in the money supply has boosted the income of the top 5%. While at the same time retarding a real recovery in the Main St economy.
No matter what the lower wage jobs are going to go offshore. But investment instead of speculation makes a difference in this flow.
IOW the bubble has to deflated, the FOMC would prefer this be through inflation but like in Japan that ain't happening.
Another factor in the unemployment of the non-college types is that the illegals are subsidized by the State of Calif giving them a competitive advantage.
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There is a group of us in the financial world that are pushing for a September Rate Hike as the U.S economy is the best domestic economy in the world for a mature country.
Here is one take for a September Rate Hike
http://csen.tumblr.com/post/128401644554/my-case-for-a-september-rate-hike