Ha funny coming from a righty like you. Look at what economists were sayingLOL. If you truly believe this, you should not be taken seriously on this anymore.
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Ha funny coming from a righty like you. Look at what economists were sayingLOL. If you truly believe this, you should not be taken seriously on this anymore.
Ha funny coming from a righty like you. Look at what economists were saying
Where's Paul Volcker when we need him?So far the markets seem to think the Fed is going to do something smart.
I don’t have time right now. You sure act like a MAGA, there’s that. Maybe don’t exhibit the behavior of one and I won’t call you one. Deal?Well, I am not a righty, so there's that. Link to Economist saying there would have been zero rate hikes at this particular point in time had the BBB passed.
I don’t have time right now. You sure act like a MAGA, there’s that. Maybe don’t exhibit the behavior of one and I won’t call you one. Deal?
I just get that feeling that you’re anti Biden even when explain BBB to you. It’s not hard to understand why it was targeted spending that would actually help inflation. You act like a MAGA just not liking it because of Biden. Hondo/NC vibes.Why don't you go ahead and tell me how I exhibited behavior of a maga. We will start there.
@luvmyhawks he is a troll. You will just be arguing in circles if you keep #engaging himWhy don't you go ahead and tell me how I exhibited behavior of a maga. We will start there.
That's because he's NChawk5 as a liberal.@luvmyhawks he is a troll. You will just be arguing in circles if you keep #engaging him
Where's Paul Volcker when we need him?
BBB was designed to fight inflation while providing for the folks that need it.
That guy is nuts. I advise ignoring him. Makes chis look stable and smart.Why don't you go ahead and tell me how I exhibited behavior of a maga. We will start there.
You giant POS. Shut your stupid mouth MAGAThat guy is nuts. I advise ignoring him. Makes chis look stable and smart.
Don’t compare me to that trumper. The only thing we have in common is disgust of flickThat's because he's NChawk5 as a liberal.
And we would have had 0 hikes if BBB passed. It was designed to curb inflation while spending wisely. Best legislation since the new deal and would have made us whole again.
I got my BA in business several years ago. We studied finance and economics substantially. Not to mention my background in public policy. What are your qualifications know it all?You have no way to know if any of that is true.
Apparently you did well in theory, but just squeaked by on reality.I got my BA in business several years ago. We studied finance and economics substantially. Not to mention my background in public policy. What are your qualifications know it all?
It's what was expected. Markets are about expectations.0.75% rate hike and the DOW seems to like it for now...
They are trying to raise rates without inciting a recession. Hence why they aren't doing it all at once. Whether that is possible is up for debate but that is why they aren't "ripping the bandaid off".If they want the FFR to be 4% just make it 4%. Rip the bandaid off. The sooner they get to where they want to be (a crash) the sooner we can lower rates again and start the recovery.
I got my BA in business several years ago. We studied finance and economics substantially. Not to mention my background in public policy. What are your qualifications know it all?
Once the recession is confirmed, they still won’t hike it to where it needs to be. They are aiming for a soft landing which doesn’t really seem possible as the gap isn’t narrowing much at all.They are trying to raise rates without inciting a recession. Hence why they aren't doing it all at once. Whether that is possible is up for debate but that is why they aren't "ripping the bandaid off".
They are trying to raise rates without inciting a recession. Hence why they aren't doing it all at once. Whether that is possible is up for debate but that is why they aren't "ripping the bandaid off".
Once the recession is confirmed, they still won’t hike it to where it needs to be. They are aiming for a soft landing which doesn’t really seem possible as the gap isn’t narrowing much at all.
The government has never known how to make a soft landing and, clearly, still doesn't.
They try to blow new bubbles to soften the landing.The government has never known how to make a soft landing and, clearly, still doesn't.
This is hilarious. Love the left wing posters on here spewing shit like this every day and nothing happens to them.You giant POS. Shut your stupid mouth MAGA
Technically we are notIt's impossible. We're already in a recession.
You have time to reply and try to justify a false assumption you made, but not time to prove you aren't talking out of your ass?I don’t have time right now. You sure act like a MAGA, there’s that. Maybe don’t exhibit the behavior of one and I won’t call you one. Deal?
Possibly. I'm just telling you what the Fed is trying to do. It's not my opinion or belief.It's impossible. We're already in a recession.
GDP Now forecast shows 0.0% for quarter 2. It's going to be really close. If the second quarter is negative, that would be two consecutive quarters which would meet the qualificationsTechnically we are not
It has been 100% about the response to Covid.The only thing that has saved us up until now are the Covid stimulus bills, and it was a disaster not passing Build Back Better and its investments and its expansion of the Child tax credits (along with the corporate and upper-income tax increases).
People have been saying it's a horrible economy but that's bullshit, it's the best jobs economy in over 50 years or ever. Now we will probably have stagflation, after Fed rate hikes and Repubs taking the Congress and doing everything they can to restrict spending.
The inflation has always been about Covid, supply chains, and energy prices.
Help me understand why you believe BBB would fight inflation. Inflation has been caused by an unprecedented increase in the money supply. BBB would have led to further increases in the money supply. Inflation hurts those in need the most. We would have needed higher, faster and longer rate increases to fight inflation.Couldn’t agree more. BBB was designed to fight inflation while providing for the folks that need it. If it passed, I doubt we would have as many fed rate hikes as we have had.
Absolutely, shut downs were understandable in the infancy of the pandemic, when we thought the death rate could be 5-10%. Trump gave out way too much money and has a hand in what we’re facing today.It has been 100% about the response to Covid.
Technically we are not