/biz/ - Business & Finance

[Anonymous No.49897094]

*inhales*

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.49897117]

>>49897094
Why are Fed "announcements" always a year behind what everyone knows already?

[Anonymous No.49897149]

>>49897094
HE ALSO SAID IT WAS PRICED IN. BULLISH. 30K HERE WE COME.

[Anonymous No.49897156]

>Inflation is not a problem
>Inflation is transient
>Inflation is Putin's fault
>Ok we will raise rates to combat inflation but it won't cause a recession
>Ok the recession is here but everything is still fine!

[Anonymous No.49897160]

>>49897094
Literally happened the day biden took office . Old news just matters if you prepared or not now.

[Anonymous No.49897202]

>>49897160
Trump is the one who appointed Cocaine Jerome

[Anonymous No.49897309]

>>49897094
priced in

[Anonymous No.49897462]

>>49897094
Then why did he raise the rates? What a retard

[Anonymous No.49897489]

>>49897309
priced in but zoomed out
typical macro fingers having a go at a micro issue

[Anonymous No.49897491]

>>49897094
This is unironically bullish. He's finally admitting that he's an idiot.

[Anonymous No.49897502]

>>49897094
Fucking retarded boomers. Drill for oil you stupid fucks!!!!

[Anonymous No.49897511]

>>49897094
Based Powell telling it like it is.

[Anonymous No.49897562]

I'm starting to like Powell.

[Anonymous No.49897627]

[Anonymous No.49897658]

>>49897511
dude powell is fuckin amazing

[Anonymous No.49897736]

>>49897462
Because finance and politics are intertwined thanks to MMT and global trade which makes the Federal Reserve a political entity. Bread and circuses come with the territory.

[Anonymous No.49897763]

>>49897736
You can have inflation at 8.7% retards.

[Anonymous No.49897788]

>>49897462
His masters told him that if more people quit their bottom tier jobs because it no longer even made sense for them to work with the skyrocketing price of everything, he would be killed.

[Anonymous No.49897832]

>>49897511
this, at least he isn't lying and saying it's going to be roses and candy.
BOBOCHADS, WWA?

[Anonymous No.49897852]

>>49897832
oh yeah Jerome Powell is my president now.

[Anonymous No.49897875]

>>49897309
you keep saying that, but they keep pricing it down every month lol

[Anonymous No.49897929]

ffucking kansas

[Anonymous No.49897975]

>>49897763
Yes

[Anonymous No.49897999]

>>49897094
Retards are still buying lol

[Anonymous No.49898009]

>>49897094
*depression

[Anonymous No.49898017]

>>49897094
He can only control till certain part. But the budget and the cost of living is what makes this Inflation. "my Dolllar" fucked your economy so much debt was an easy target for socialists economic warfare. Amerimuts didn't survive 2 years of pandemic without cheap supply from China, durable goods are dead, putting a currency in such a high standard killed.

like the phrase goes, the higher you are the harder you'll fall.

[Anonymous No.49898060]

>>49897491
>he's an idiot
I love how everyone assumes this and not that the people in charge know full well what they are doing, consequences be damned. Will never not be funny to me.

[Anonymous No.49898136]

Cardi B was right all along

[Anonymous No.49898148]

the dollar dies the moment someone wakes up from the dream. then everything goes to weimar and we get a neo hitler.

[Anonymous No.49898286]

>>49897462
Recession is better than total monetary collapse

[Anonymous No.49898341]

>>49898286
Powell has only two choices
save the dollar
or
destroy the economy, retirement, equity and the entire american way of life.

[Anonymous No.49898381]

>>49898286
>total monetary collapse
Good thing DMT means that scenario isn't actually on the table, so its really just recession vs high inflation (eventually offloaded to other countries).

[Anonymous No.49898386]

>>49897094
It's a possibility that an asteroid kills us tomorrow too. We're not going to go into a recession. The Biden economy is looking stronger than ever, we set records for most jobs added by any president.

[Anonymous No.49898419]

>>49898381
i will send us into a recession if i have to

[Anonymous No.49898456]

>>49898060
>A wise man can act the fool but the fool can't be a wise man.
This is most likely the situation anon. They knew where this was headed and have prepared personally.

[Anonymous No.49898487]

>>49897094
Recession or hyperinflation.

Tough call the fed has got. I have all the faith in them to do the best super duper job they can.

GO America.

[Anonymous No.49898542]

>>49898386

[Anonymous No.49898627]

>>49898487
i vote for hyper inflation

green line go up

my digits will show true

[Anonymous No.49898701]

>>49897094
What a fucking moron.
We are already in a recession.
The rate hikes are to avoid a crash.

[Anonymous No.49898946]

>>49897117
Because they bullshit their way as much as they can to avoid panic and give retards like the ones on this board the illusion that everything is totally fine and then when it's so painfully obvious that even normies are talking about it they will admit something like 'heh yeah, I guess it wasn't actually transitory' or 'raising interest rates slows economic growth'
>>49897462
Because, you fucking retard, if he doesn't then gas would cost $20/gallon and politicians would get lynched in the street

[Anonymous No.49898968]

>>49897094
But Janet Yellen said no recession??????

[Anonymous No.49898995]

Bobo bros will they realize we managed to mindcontrol Powell?

[Anonymous No.49899004]

>>49897117
they're reactive not proactive

the fed was created to protect the banks not retail

[Anonymous No.49899028]

>>49898060
>>49898456
Do people actually believe that the chairman of the fucking federal reserve doesn't know basic economics?

[Anonymous No.49899061]

>>49899028
Yes and they're correct.

[Anonymous No.49899325]

>>49899061
Yes we have a lot of retards out there who conflate malicious or obscured intents with general ignorance. These are the kinds of people who'd laugh and call a hungry jaguar silly for staring them down and licking its chops because the "dumb jaguar" didn't notice that a tasty squirrel just ran by.

>>49899028
Right on cue.

[Anonymous No.49899725]

>>49898627
My portfolio is lined up for hyperinflation. So bring it own Jay Powell.

[Anonymous No.49899859]

>>49897094
end the fed

[Anonymous No.49899906]

>>49897094
New here? I mean, new on planet earth?

[Anonymous No.49900174]

What does this mean for commodities?

[Anonymous No.49900197]

>>49900174
a hard assrape

[Anonymous No.49900254]

>>49897149
If it was priced in then that also means any upside has already been accounted for.

[Anonymous No.49900329]

>>49897094
>It's priced in
>therefore we don't drop this quarter
>since we don't drop this quarter, its not a recession
>since a recession was priced in and it is now not a recession, we get a massive bullring
Genius jpow. Genius

[Anonymous No.49900370]

>>49900197
lol yeah gonna be such a hard assrape when they raise rates 00000000000000000.1 tenth of a point and then immediately reverse course as soon as everything starts to crack

[Anonymous No.49900462]

Unironically, that's a good thing. The excess created from the bubble caused by money printing and low interest rates needs to be purged. The longer they wait the worse it will get. It will hurt in the short term, but if you want to be able to ever afford a house or car again, you better hope for a recession. Line go up isn't always good.

[Anonymous No.49900828]

>>49897156

[Anonymous No.49900858]

>>49900462
I own a house or car already

[Anonymous No.49901042]

>>49897202
And Biden re-appointed him. Literally both sides like the guy.

[Anonymous No.49901069]

>>49897094
Brainlet here
Does this increase or decrease the likelyhood of me ever owning a house?

[Anonymous No.49901168]

>>49900858
Fuck young people who don’t own a house yet, amirite? They should be forced to buy my inflated bags, fr fr

[Anonymous No.49901654]

>>49898386
the economy shrank you retard and biden didnt create a single job he just opened up again and people went back to work

[Anonymous No.49901750]

>>49897462
Because the fed mandate is inflation and price control. Not stocks or growth.

[Anonymous No.49901824]

>>49897852
always been

[Anonymous No.49901834]

>>49901069
maybe. it'll definitely increase the likelihood of renting a house that was recently purchased by a soon-to-be underwater investor

[Anonymous No.49901905]

>>49901069
decrease, by a lot

[Anonymous No.49902022]

>>49897094
Hike it up to the sky

[Anonymous No.49902067]

>>49897094
this board is so dumb.
Fed represent capital.
Capital hate worker power.
Too many jobs has given workers too much bargaining power.
Raise rates by 0.75 every meeting until there is a recession.
Job cuts.
Worker power gone.
Capitalists capture more surplus value.

[Anonymous No.49902135]

>>49902022
hike it until Canadians are crying uncontrollably about their fucking houses

[Anonymous No.49902237]

Fed is the opposite of the free market. There's no such thing as surplus value. Cope

[Anonymous No.49902262]

>>49902067
uhh yeah its all about the class struggle. Workers of the world unite! amirite fellow comrade?

[Anonymous No.49902294]

>>49900197
>scarce resource
>recession causes even more trouble with it
>goes down ???

Maybe in the short term but seems retarded top bet against it. Probably the same thing with some REITs, they'll probably moon in a year or two because the government always does the opposite of what it should

[Anonymous No.49902479]

>>49897462
Because he has no fucking choice. It's either long term pain through rising inflation or short term pain through a recession caused by fighting inflation by raising rates

[Anonymous No.49902487]

>>49902262
this board is so dumb.
Fed represent jews.
Jews hate goyim power.
Too many jobs has given goyim too much bargaining power.
Raise rates by 0.75 every meeting until there is a recession.
Job cuts.
Goyim power gone.
Jews capture more surplus value.

[Anonymous No.49902861]

>>49902479
The whole thing is retarded.

>create fractional reserve banking based on a scam
>if loans are high enough money is created
>most loans are personal home loans
>more people need more homes
>population tells what interest rates are going to be in the future

Interest rates do nothing, they simply make the market less eficient and slows the whole process down, it can't fight inflation because the would be buyers buy eventually once they make more money or the economy comes out of a recession.

Why was the inflation unstoppable in the 70s? A combination of energy crisis which lasted forever due to the recessions, but mainly ww2 ended and lots of kids were made.

[Anonymous No.49903325]

>>49902135
Hell yeah!

[Anonymous No.49903337]

>>49902861
He can fight inflation, but not on the supply side. Just reduce demand by making everyone but him and his publicly alimented Nigger bros poor. Less crowd at the riviera

[Anonymous No.49903689]

Did he lie to us, goys?

[Anonymous No.49903864]

>>49897202
>Trump is the one who appointed Cocaine Jerome
He regretted it almost immediately, was talking shit about him while he was president.

[Anonymous No.49903891]

>>49902479
He can just seesaw like they did in the 70s.

Volcker didn't get in power till way after the oil shock and real GDP was growing way before he did. Volcker did not end stagflation, stagflation ended when the oil shock did.

[Anonymous No.49904108]

>>49898060
>>49898456
>>49899028
>>49899061
>>49899325
Keynesianism is one hell of a drug, and the idea they have a malicious plan is the final "trust the plan" cope before things truly go to shit
They are malicious, but they would have had 2016 on lockdown and continued the slow boil if they are competent
>But Trump was a part of the Malicious plan too!
Trump was a goy, but even a goy populist can still fuck things up by gridlocking US foreign policy for several years

[Anonymous No.49904756]

>>49901750
the fed's mandate is also employment, which will certainly become an issue if the economy tumbles into a recession. they're trading unemployment for CPI, even though it is not even clear whether any of this will actually create price stability in a world where some basic shit like energy and fertilizer prices go through the roof. but be sure that once the thing somehow stabilizes again over time for whatever reasons, they will take credit for it and declare the people who lost their jobs as a necessary evil.

[Anonymous No.49904776]

>>49897094
who cares

[Anonymous No.49904827]

>>49897117
>everyone
Not the goy cattle.

[Anonymous No.49905606]

>>49897117
Their announcements are BS designed to manipulate markets the way they want them to go. The markets hang on to every word they say so they've decided to use that power; similar to how Elon decided to do so as well after getting in trouble with the SEC.