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applegrove

(118,824 posts) Thu Apr 11, 2019, 11:50 PM Apr 2019

Extra Bonus Quote of the Day

Extra Bonus Quote of the Day

April 11, 2019 at 10:57 pm EDT By Taegan Goddard 18 Comments

https://politicalwire.com/2019/04/11/extra-bonus-quote-of-the-day-481/

"SNIP.....

“I don’t really think I’ve said anything much about the gold – I’m not in favor of a gold standard.”

— Federal Reserve Board nominee Stephen Moore, interviewed on CNN, just before being shown three clips of him saying he supports a gold standard.

.....SNIP"

2 replies

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Extra Bonus Quote of the Day (Original Post) applegrove Apr 2019 OP

He was claiming he wants wages to rise. Yield curve is inverted. Means applegrove Apr 2019 #1

aaaaiiieee dixiegrrrrl Apr 2019 #2

applegrove

(118,824 posts)

1. He was claiming he wants wages to rise. Yield curve is inverted. Means

Reply to applegrove (Original post)

Thu Apr 11, 2019, 11:54 PM

Apr 2019

financial organizations don't believe there will be inflation in the future. That means no growth for the middle class (the rich will continue to grow). That means automation will replace jobs. No way wages are going to go up. Safe for Stephen Moore and McDonald's to say they are for higher wages.

dixiegrrrrl

(60,010 posts)

2. aaaaiiieee

Reply to applegrove (Original post)

Fri Apr 12, 2019, 12:01 AM

Apr 2019

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