/biz/ - Business & Finance

>>51276936
Do they use what Powell says as an excuse? How could no one see we're heading for financial disaster, even without knowing about GME?

>>50792919
Yeah, my counter is this. The Fed not only hasn't started quantitative tapering, they have not even stopped quantitative easing yet. When you're finished pondering that, consider pic related. They stopped reporting M1 supply just after this screenshot so who actually know how high it is now, but we know for a certainty that the dollar did a 5x in supply in just about a year and a half. That's shitcoin tier inflation, and there is no way we've gotten through the effects of that with a few percentage points of interest rate increases and an 8.5% CPI.

>slightly raising interest rates will fix this
they think everyone is retarded right

>>49960329
It's a dead cat bounce. What has changed in our economic outlook? The Fed is raising rates as fast as they can without causing the stock market to implode, and it's still not fast enough. We are headed for a recession if not a depressing, and that's all there is too it. I will not be buying again unti I see the stock market has dropped by a similar amount as the number of dollars printed in the last two years.

>>49908537
They're in damage control mode after spending the last year saying everything is fine.

>>49563088
It means these assets were overinflated to begin with. It was all a bubble, propped up by the printing of trillions of USD and now it's beginning to burst.

>>49545297
This. I won't say it's all their fault, because it isn't, bit they are woefully unprepared to handle what is about to happen.

>>49518826
Right. Pic related is the explanation for inflation. Who knows if this was related to covid, or if covid was just an excuse and they were going to do it anyway.