https://www.youtube.com/watch?v=EnbH5Fz7o_o

 


It occurred to lions that instead of pouring zillions of dollars into subsidizing home owers, the state should be subsidizing tent cities.  Almost all of the state budget funds the very top of the housing spectrum because amerikan socialism is famously socialism for the rich.  What US really has is no more erable land & no more construction capacity.  The only real solution is to move money to the very bottom, the tent city.

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Once again, the pull back before the big speech.  The fact is, nothing is going to change.  They have to pump up housing prices to make up for falling wages & they have to get the national debt back below GDP.  All governments push inflation as high as they can & interest rates as low as they can when debt exceeds GDP.

There's a probability of it going this way & still a probability of it not. 

The traditional theory of why we have 2 headed inflation is the top end being debt funded & benefiting specifically from negative interest while the bottom end is cash funded & unaffected by interest rates.  Power curves naturally occur in every economic system though.  There are those who game the inflation targeting system, bidding the top end higher because of a coming fall in the bottom end.

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Predictably, he reused the same lines about cutting to boost employment & avoided all mention of boosting housing inflation.  40 years of inflation targeting have shown it really does nothing to boost employment & just makes housing less attainable.  Widening the gap between housing & wages has done nothing to stabilize prices.

Inflation targeting only forces more animals out of the workforce as their salaries no longer close the gap towards housing inflation.  Reducing the surplus population is the only way it meaningfully lowers unemployment, but reducing the size of the workforce also reduces the size of the GDP, which the gubment wants to make as big as possible.

Analysts expect the rate to fall to 4% by the end of the year.  The lion kingdom expects housing to definitely take off, probably resuming double digit inflation by next year.  The big question is what will pull down the average.


https://finance.yahoo.com/news/stock-market-today-nasdaq-leads-stock-climb-as-powell-says-time-has-come-to-begin-cutting-interest-rates-133123270.html

Important to note as fast as the lion portfolio moved since 2023, with the return of easy money, it would pay the current rent but the passive income still wouldn't qualify for a lease anywhere in the country.  The principal would, but the passive income would not be enough.



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Report of the week guy is not appetizing to look at but the subject matter is appetizing.  His trademark seems to be some kind of 1920's midwest agrarian salesman.  He reminded lions of when they ate lunch at taco bell every day & it was actually affordable to do that.  The quality was consistent at lunch, but definitely not any other time. 

The mane  deterrent from Taco bell these days is time.  It's just not unlimited anymore.

Taco bell was a vicarious link to the southland which lions thought was more laid back & happier.  It seems they wouldn't be happier if they had to make money.  The perception of it being laid back vanished, over the years.  It's now all high strung arabs in search of a mediterranian desert to wage another jihad on & crushing traffic.

If they could live like 10 year olds, spend all day visiting movie locations & imagine the movies being real, that would be something.  Calif* just isn't working out as much as it used to, lately with the DMV & generally tending towards the gubment outright extorting more money.  The franchise tax board delays audits for years & then bills interest.  They can delay an audit for 30 years & then bill you millions in interest.  The DMV doesn't send stickers & then charges for replacement stickers.  Lions saw the same thing in other countries & in those countries, it evolved to having to bribe or know someone to survive at all.  Animals just accept any level of corruption if it grows slowly enough.

The biggest risk in lion minds is under withholding.  They could decide you under withheld by any variety of obscure rules, delay the audit for 30 years, & then bill millions in interest.







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