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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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49505848 No.49505848 [Reply] [Original]

THEY SAID IT PEAKED
THEY SAID IT WAS GOING TO GO DOWN
THEY SAID IT WASN''T GOING TO KEEP GOING UP
THEY SAID THE WORST WAS OVER
WTFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF

>> No.49505916

>>49505848
>At a hearing before the Senate Finance Committee earlier this week, Treasury Secretary Janet Yellen acknowledged that she and Fed Chair Jerome Powell could have used different language than "transitory" to describe inflation, also calling current levels "unacceptable."
NO FUCKING SHIT

>> No.49505934

>>49505848
It hasnt peaked. Gas prices have been going up everyday this week. When gas prices peak thats when inflation peaks. So not until end of summer atleast.

>> No.49506018

>>49505848

The big banks already knew this... that's why they dumped last CPI report.

Prepare for the bears to get their asses pounded over the next couple weeks, regardless of inflation.

>> No.49506054

thread theme
https://youtu.be/1lWJXDG2i0A?t=59

>> No.49506165

Friendly reminder that our money supply is controlled by economists who shrugged off 5% inflation + 4% unemployment so they could keep interest rates at zero and continue dumping hundreds of billions of dollars of QE into the banking system.

>> No.49506454
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49506454

>>49506165
Fed gonna dump their bags everyday for the next 3 years. Theyve already said it. They started June 1st.

Anyone still holding is fucked. Only institutions can hold thru whats about to come.