/biz/ - Business & Finance

[Anonymous No.51111434]

Here is a direct translation of what Powell said today:

I am not going to pivot. I will continue to raise interest rates for as long as I have to to curb inflation, even if that means nuking the economy and job market. Let me quote Paul Volcker to show you how serious I am. Brace for impact, you fucking idiots

[Anonymous No.51111453]

>>51111434
Talks tough but no action. When will the markets wake up?

[Anonymous No.51111461]

>>51111434
just change how we calculate inflation and proble solved. we did the same thing with GDP and the unemployment rate. now Powell "feels" that the true unemployment rate should be higher around 5-6%, AKA the natural unemployment rate that has been known for ever because of psychology and the fact that roughly 5-6% of populations will refuse to work regardless. this is peak clown world and tradfi must come to an end.

[Anonymous No.51111464]

Dude belongs in a prison

[Anonymous No.51111480]

>>51111434
>>51111111

[Anonymous No.51111483]

just short the market, what's the problem?

[Anonymous No.51111534]

>>51111434
I think Powell is saying the right thing but let’s see what actually gets accomplished. Agreed with above users though, tradefi days are numbered. We’re experiencing the death of nations.

[Anonymous No.51111603]

>>51111434
here is what powell really said today:
>I am backed into a corner by profligate federal spending and have no recourse but to talk tough. Inflation is never coming down and all I can do is delay the inevitable. For things that are completely out of my control, I will be blamed by those responsible, who will squeeze out every last ounce of wealth they can steal using their many advantages. These are the final days of the monetary system as we know it. What comes next, I can't say, because I don't know. Good night, and good luck

[Anonymous No.51111664]

Volcker primed us for a 15-20 year economic golden age though...

you fags are mad because it's time for the capital class to pay up with dumping markets? Personally I'm shocked that he's actually taking the medicine route. Take a look at the ECB, they'd still be at 0 if they could.

[Anonymous No.51111698]

More buying opportunity. Almost all cash is digital these days. So interest rates hike just increase inflation in the long run, because it applies to almost all dollars in circulation. This is not like the 1970s where there is a difference between cash and interest baring accounts. Raising interest rates just devalue existing debt contracts, NOT non-dollar denominated assets like bitcoin. But it is FUD in the short term by the fed to create the illusion that it will crash assets and lower inflation expectations.

[Anonymous No.51111722]

>>51111664
> the capital class to pay up with dumping markets?
is this a joke? the "capital class" has trillions of dollars and control over the money creation mechanism, anything that increases the purchasing power of their USD bags, however temporary, further magnifies their already substantial influence. Volker was a retard who bankrupted tons of poors by the way, did you know they marched to DC and protested in front of the Federal Reserve after getting raped by him and his banker pals?

[Anonymous No.51111835]

>>51111664
Only perma bulltards are mad. Everyone else understands that you can make money both ways. The only thing we ask for is volatility. Bull or bear? Who gives a fuck

[Anonymous No.51111886]

>>51111434
We do not shun a man. For doing what needs to be done.

[Anonymous No.51111953]

>>51111698
>Raising interest rates just devalue existing debt contracts
This is the part no one gets, but it makes all the difference. The Fed and US government WANT "massive inflation" so they don't have to finance the national debt. In 50 years the average house will be $1,000,000 and no one will bat an eyelash because suddenly the average income is $300,000

[Anonymous No.51112091]

>>51111953
This process has been iterating since 1970.

[Anonymous No.51112189]

>>51112091
Moral of the story: Put your money somewhere it can inflate even more than everything else, like the stock market

[Anonymous No.51112232]

>>51111722

It's not a joke. Most of their wealth is in stock and real estate and both of those markets get pummeled in a rising rate environment. This measure is to protect the USD. Now you're going to try to convince me that "ackshually le rich want their net worth to plummet" please spare me.

[Anonymous No.51112722]

>>51111722
>retards and stupid niggers who took out tons of cheap debt they could barely afford got mad when debt is no longer cheap
heres a modern translation:
>niggers and retards took out homeloans and car loans at 3% APR because they believed it would last forever, now they will be upside down in their coffin houses for 30 years, they will protest because they are retards
desu serves them right, never fomo into anything

also this serves the rich because low interest rates enable lending money to stupid niggers which inflates asset prices

[Anonymous No.51112849]

>>51112722
checked. the majority of US home/auto loans are fixed rate. the rest of the world with their insane 5/arms will be FUCKED

[Anonymous No.51112892]

>>51112849
doesnt matter if its fixed rate honestly

if you were planning on ever moving in your lifetime you dont want to sell the house you bought at $400k for a fixed 3% for $200k at 10%
inability to realize losses will cripple many people

[Anonymous No.51114578]

>>51111453
>Talks tough but no action
they have been raising rates for 1 year straight

[Anonymous No.51114657]

>>51112849
Wait, foreigners get adjustable rate CAR loans? No fucking wonder none of them drive.

[Anonymous No.51114710]

>>51111434
All you need to know about inflation is that they wouldn't be forgiving the student debt that they are, if they projected it to be valuable over the next decade. Yea, your government loves you so much. That's why they're forgiving some of your debt. It's not because the value of that debt is projected to plummet and it might prevent you from going nuts and killing the people responsible for your suffering.

[Anonymous No.51114731]

>>51114578
>raises 1%
>to fight 10% inflation
Lmao has the qt even begin yet?

[Anonymous No.51114737]

>>51111434
This is literally his job? Disagree with Keynesian economics all you want, but it's the system we have and he has to play his part in it.

[Anonymous No.51114788]

>>51114737
He has been tiptoeing for months and allowing politics to influence his decisions for many months now. I think everyone except bagholders are relieved that he is finally doing his job the way it’s supposed to be done

[Anonymous No.51114916]

>>51111434
He's bullshitting to troll the algos.

[Anonymous No.51114926]

>>51114710
If the value of the debt goes down due to inflation, that would only help the person with the student loan. Also government doesn't hold the debt. Banks do. The gov would only benefit from the value of the debt going down since it decreases the amount they are insuring. Improve your financial literacy before posting

[Anonymous No.51114973]

>>51111434
J. Pow was in based chad. Mode. Today was glorious.

[Anonymous No.51115024]

>>51111434
Whatever this jewfuck says, it's irrelevant.
BAN SHORT SELLING and the problem is fixed.

[Anonymous No.51115041]

>>51112189
>P/E CEL
Sorry can't take financial advice from this ID.

[Anonymous No.51115042]

>>51114731
Maybe he won’t pivot, but it won’t matter because he’ll raise rates so slow that it won’t really do anything, and he’ll be gone before the next chair has no choice but to pivot or cause the destruction of the USD. Powel’s plan is to do this as slowly as possible so he can kick the can down the road long enough for it to not have to be him who is executed by the peasants.

[Anonymous No.51115051]

>>51115024
>ban central banking and the problem is fixed
ftfy

[Anonymous No.51115053]

>>51114731
This. He raises rates 1% over a year span. In the meantime they accelerate printing more than enough to compensate for it.

[Anonymous No.51115058]

Thanks OP. I'm from India and we don't speak Jew there.

[Anonymous No.51115075]

>>51115024
>dude just ban the concept of borrowing lmao

[Anonymous No.51115092]

>>51111464
Why? He’s done nothing wrong. He’s one of the biggest punching bags in the world right now and handles his job like a pro. What would YOU do if you had his job? I like Powell, i almost feel bad for him

[Jealous No.51115099]

IT BEEF JERKY FU?b

[Anonymous No.51115116]

>>51111434
Yeah that's not what he said at all lmao

[Anonymous No.51115129]

>>51111698
>Raising interest rates just devalue existing debt contracts
why?

[Anonymous No.51115157]

>>51115051
Even better, but impossible to do.

>>51115075
Short selling and borrowing are 2 different things.
How the fuck is possible to sell something you don't have?

[Anonymous No.51115187]

>>51111464
The economy needs to crash right now. He's dying the right thing which is also the unpopular thing.

[Anonymous No.51115236]

How do you do this job without making millions with insider trading?

[Anonymous No.51115277]

>>51111434
All talk, but no cock

[Anonymous No.51115325]

>>51115277
>BTC and ETH down 70%
>from Jpow just talking
Imagine what happens when he starts doing something

[Anonymous No.51115388]

>>51111464
Get fucked

[Anonymous No.51115413]

>>51111434
Big talk from a faggot. He won’t do anything close to what volcker did and the printing presses won’t stop. Congress just passed $2 trillion in spending bills in 2 weeks.

[Anonymous No.51115420]

>>51115157
by borrowing it you stupid fuck

[Anonymous No.51115435]

>>51115092
>>51115187
>>51115388

[Anonymous No.51115466]

>>51115277
>don’t fight the fed
>he fights the fed

Anon, I….

[Anonymous No.51115479]

>>51115466
Die glowie

[Anonymous No.51115633]

>>51111603
Based, I like this analysis more than all the ones I saw on Twitter

[Anonymous No.51115666]

>>51111464
awww isn't he giving you unearned income on the stocky wocky market?

[Anonymous No.51115683]

>>51111698
raising rates destroys cash as more is repaid than borrowed

[Anonymous No.51115703]

>>51111434
LMFAO That isn't even the worse part of his speech. Mass unemployment INCOMING! We are all about o be NEETS.
https://rumble.com/v1hgf4k-fed-chair-powell-delivers-remarks-at-the-2022-jackson-hole-symposium.html

[Anonymous No.51115704]

>>51115683
yah thats the point dingus. To much cash in the system

[Anonymous No.51115706]

>>51115666
Rope yourself tranny

[Anonymous No.51115713]

Just target 10% inflation instead of 2-3% and boom problem solved.

[Anonymous No.51115717]

>>51115706
he's putting risk back into lending by raising rates, what you want is to have rates artificially low so you can get on the govt tit again

[Anonymous No.51115733]

>>51115053
>>51115042
Biden’s 1 trillion plan got approved. And all the shekels are sent to Ukraine and Israel.

[Anonymous No.51115734]

>>51115703
>https://rumble.com/v1hgf4k-fed-chair-powell-delivers-remarks-at-the-2022-jackson-hole-symposium.html
great, crash it.
assets crashing will leave me closer to owning a home than working in a system where my savings are outpaced by asset gains every year

[Anonymous No.51115744]

>>51115733
Based. Milk the cow one last time before it’s dry

[Anonymous No.51115771]

>>51115717
No I want the Fed abolished. He’s not raising shit. Markets can’t handle anything close to getting rid of inflation. My bet is between 2.5% and 5% shits going to fall apart. Who’s using the government tit more than banks, corporations and democrats? You’re a fucking idiot clown the printing presses are speeding up not slowing down. Enjoy your $10 gasoline cause it’s coming.

[Anonymous No.51115790]

>>51115706
> Only there mask
Alt-right

[Anonymous No.51115909]

>>51115733
Trillion dollars lol? It's way more than that.
>$750bn anti inflation act.
>$750bn investment in microchip production and RnD.
>$500bn-$1tr student loan forgiveness.
>Hundreds of billions spent (so far) on a proxy war with Russia.
He is also funding niggers ability to afford drugs by paying the difference among other shit. More to come as well.

[Anonymous No.51115977]

>>51115024
Short selling is based and good

[Anonymous No.51116104]

>>51111434
i don't like this, what can i do?

[Anonymous No.51116144]

>>51116104
Buy sqqq

[Anonymous No.51116157]

delusional dip slurpers have been trying to frontrun a pivot for months,

[Anonymous No.51116158]

>>51115092
probably would've turned off the money printer in Aug 2020 after the market recovered from covid. and never should have fucked with buying corporate bonds, which actually should be illegal for the fed to intervene in this way.

[Anonymous No.51116163]

>>51115479
Interest rates were 20% back in 1980. I wonder what caused that?

[Anonymous No.51116223]

>>51115683
Repaid to who? Almost all debt is owed to private entities, and the government is massively in debt. Yes it used to be, back before computers and modern banking, that there was a distraction between cash and deposit accounts, so rising interest rates destroying some circulating cash, but that isn't true anymore. Almost all spending money people have is in digital bank accounts, already earning interest, and consumer banks are castrated by regulation so all that money is just sitting in government debt already.

>>51115129
Because, like I said, almost all circulating money is already in interest baring accounts. So all the fed does by raising rates, is essentially saying that one dollar with be $1.03 in a year. It is literally nothing but a gradual re-denomination of the currency. Its a way to instantly rewrite all private debt contracts to devalue the amount that has to be repaid. But this has no impact on non-dollar denominated assets because they will just naturally adjust to the re-denomination.

And I'm talking in the long term. In the short term biggest effect the fed has on markets is message and FUD. Powell can literally call a press conference and tank the market, or pump it to the moon, at will. But only in the short term. Eventually fundamentals catch up.

[Anonymous No.51116233]

>>51115092
>What would YOU do if you had his job?
Absolutely nothing, I would let the free markets work. I would audit the fed publicly. I would apologize for everything.

[Anonymous No.51116315]

>>51111434
Does going from .75 rate hikes to .5 rate hikes count as a "pivot"?

[Anonymous No.51116382]

>>51115092
>Why? He’s done nothing wrong
>Inflation is transitory
This is from a supposed economist in control of the market
>dunno where this inflation is coming from, maybe it's not transitory hehe better nuke interest rates for a mess that we created
He knew exactly what he was doing you glowie cunt. He doesn't need jail, he needs something far worse

[Anonymous No.51116446]

>>51116382
>>Inflation is transitory
Isn't it?
Most of the inflation we're seeing is from supply chain disruption.

[Anonymous No.51116561]

>>51116446
Inflation is transitory and hamburgers still cost a quarter. Inflation is constant, and has been since 1913.

[Anonymous No.51116609]

>>51116561
Well obviously, fiat is designed to be inflationary.
I think that when he said "inflation is transitory" he was talking about the elevated inflation we've been seeing lately.

[Anonymous No.51116647]

>>51116163
Debt to GDP is 400% higher as well. 20% rates would result in the US to cease to function as a country and result in amounts of money printing never seen before in an attempt to stead the ship.
>>51116233
This. The free market is a fucking meme though. It hasn't been a free market for over 100 years. It's a market set up to benefit those in charge. I wonder who is cash rich, wants cheap assets to park that cash in and has a mutli year outlook in terms of seeking returns...

[Anonymous No.51116751]

>>51111835
you can't make money off crabbing

[Anonymous No.51116788]

>>51116751
>you can't make money off crabbing

[Anonymous No.51116832]

>>51111953
in 1700 one house probably cost 500$, what's your point?

[Anonymous No.51116840]

>>51116609
You can infer that, but the statement is designed to make most people take it at face value, because if he said “we’re going to steal 10% of your salary, but only temporarily, then go back to only stealing 4% yearly” most people would wonder why this is acceptable at all, while they get 2% - 3% raises yearly.

[Anonymous No.51116850]

>>51112189
>Put your money somewhere it can inflate even more than everything else, like the stock market
it inflates in nominal terms, not real
Best hedge is probably land

[Anonymous No.51116890]

>>51111483
Problem is whales bart a lot and fuck charts more in bear markets.

It's easier to long in a bull market than it is to short a bear market

[Anonymous No.51117000]

>>51111953
In fifty years, the federal minimum wage will still be $7.25 per hour.

[Anonymous No.51117025]

>>51117000
only retarded brainlets work for $7.25/h and most of them don't even deserve that much

[Anonymous No.51117256]

>>51117025
>deserve
ROI is what should determine pay, retard and if jobs pay shit, the business deserves to go under

[Anonymous No.51117355]

>>51111722
>Paul volkner bankrupted poor's and there was even a protest on dc over it.

Anon I am unable to actually locate a source for this claim. Would you be able to provide a source for this? Genuinely curious.

[Anonymous No.51117401]

>>51116144
>sqqq
It's actually at a really good price still

[Anonymous No.51117437]

>>51117401
Maybe tqqq

[Anonymous No.51117542]

>>51116223
It doesn't matter where money is at the money. It's about changing future behaviour. You have zero reason to save money at the moment and every reason to debtmax into anything but cash, which pushes price of everything up showing the full result of inflation. If you can get a return on your money doing nothing you will leave it doing nothing, which means that money isn't affecting prices and resulting in inflation.

[Anonymous No.51117548]

>>51114926
I think he's saying it's not projected to be worth much so it's easy to throw a bone.

[Anonymous No.51117630]

>>51116647
Also the free market of the time had banks printing as much money as they wanted via loans with even less oversight than today.

[Anonymous No.51117731]

>>51111664

We're still at "neutral" rates, basically all the Fed has done is return us the norm pre-COVID before the world turned upside down. And yet the markets are still shitting themselves for some reason. Fed won't have a chance to raise the fed funds rate higher than 3-4% before the economy shits itself and they're forced to lower them again.

[Anonymous No.51117911]

>>51116157
While smugly and unironically saying that the bears are the ones trying to fight the Fed. These permabulls will learn.

[Anonymous No.51118387]

>>51111953
>In 50 years the average house will be $1,000,00
Cope mortgage cuck.

[Anonymous No.51118423]

>>51111953
>50 years

[Anonymous No.51118512]

Lol total retard real CPI inflation 15% ( not government lie of 9%) interest rates would need to go 18% minimum to combat inflation aka volker. This would instantly bankrupt the whole US government and country.. the debt 30 trillion.. Powell will pivot within six months or be made to. Wake up moron

[Anonymous No.51119119]

>>51111434
It won't nuke the economy but it might nuke the markets. It's fine that way. You'll learn.

[Anonymous No.51119204]

>>51111464
He's been fucking telling you this was going to happen. Look I don't like the Fed as an institution and I generally despise central bankers but this fuck has been 100% fucking straight about what is coming. People just don't fucking listen though. He has been fucking warning you all fucking year. Take a damn hint.

[Anonymous No.51119647]

>>51118423
He means in real dollars, not eucalyptus leaves

[Anonymous No.51119681]

>tldr: he pivots.

[Anonymous No.51119730]

>>51119204
agreed, every time he's spelled it out.
today he had to make it very, very clear.

[Anonymous No.51119752]

>>51117731
there is more at play here than the S&P
this is geopolitical.
the USA core strategists won't be changing their long-term strategy because some cock can't retire on the current S&P levels

[Anonymous No.51119754]

>>51115092
Hes the shabbos goy economic hitman placed there to oversee crashing the economy. He is in that position specifically to be hated.

[Anonymous No.51119764]

>>51116223
this makes no sense, credit is destroyed upon repayment to the issuer

[Anonymous No.51119793]

>>51119204
>>51119730
so what does it all mean for the average normie?

[Anonymous No.51119801]

>>51117437
>buy triple leveraged nasdaq before a market capitulation

[Anonymous No.51119846]

Nothing ever happens. The only ones getting fucked are third world countries that are drowning in dollar loans. USA eliminates a few "regional" powers starving them from dollars while the home jews play rollercoaster so retail "capitulates"

[Anonymous No.51119849]

>>51119793
housing will get cheaper and rentiers will suffer

[Anonymous No.51119943]

>>51119793
Layoffs, all credit gets more expensive, so CC companies will become even more rapey than they are now. Forget borrowing money for a car without a 25% down payment. Same for houses. Houses will be getting cheaper, but rents will go up. Starting a business will be near impossible without private capital or sheer will power to literally pull it up by the bootstraps.

The upside is what does manage to created in this downturn will be truly incredible, as only the absolute best businesses and ideas will survive.

[Anonymous No.51119980]

>>51119943
>as only the absolute best businesses and ideas will survive.
finally, no more
> i've got an amazing idea for a world changing business but it only works if I can borrow at 1.2%

[Anonymous No.51120128]

>>51111434
So, how do I protect my wealth when this goes nuclear? Buy a self sufficient compound and a dickload of gold? And just wait it out?

[Anonymous No.51120152]

>>51116223
You're wrong and you're a midwit. Go back to reading wikipedia until you actually understand something. The 3 cents paid in interest is not inflationary because it comes from somewhere - the interest paid on prior loans. Banks don't print money when they pay you interest. They only print money when they issue loans.

[Jealous No.51120164]

In what way is it better here?

[Anonymous No.51120284]

>>51111434

Brainlet take.

Real message:
I am pleased with the progress being made, and feel like we have been aggressive enough early enough. We are seeing signs of improvement finally but it will take some time full the effects of what has been done to show.
We are guides by current data at every meeting and that will be the same for September. We are on track now and must continue long enough to finish the job.
Also, the most important job i have is managing your expectations of inflation. Here is a quote from volker. I need to make you think inflation is going to be reduced by my efforts more then anything to prevent it being baked in to expectations.

I realise this will cause economic slowdown, which has already happened, but it is better than alternatives.
Will continue to be guided by current data.


In effect a nothing burger. If anything he seems less aggressive than early summer and late spring. The only “bad” news or “unexpected” news was that he didn’t outright hike pause or something but i dont know why anyone would have expected that.
We’re in for about 100basis points more between now and march. That could be front loaded at 75bp which the market has priced in, or 50.

All in all it just looks like stocks wanted to correct from their over shooting rally.

[Anonymous No.51120306]

>>51120284
>Brainlet take.
agreed.
my take: we are not going to fucking pivot so shut up about the pivot

[Anonymous No.51120364]

>>51120306

Yeah. Essentially. However its not like he got more aggressive or anything. It was basically neutral as hell with a slightly positive spin as he mentioned how things seem to be improving, and he will be guides by data moving forward.
Earlier this year he constantly mentioned about potentially more aggressive hikes etc etc between meetings. He’s not doing that anymore.

Its not a pivot but its more or less carrying on as expected and not worse, which was what kept happening earlier this year(worse than expected, rapid repricing).

I think stocks rallied too hard since july and this is simply the correction to neutral again.

[Anonymous No.51120392]

>>51111698
This
It's a charade

[Anonymous No.51120630]

>>51112849
Only americans loan money to buy cars. Europeans buy second hand or new depending on how wealthy they are, but always in cash.

[Anonymous No.51120667]

>>51120630
In America you have to take a loan to buy a used care because they’re like $15k for a car with 100k miles.

[Anonymous No.51120761]

>>51120667
For one to two thousand eurow you can get a car in reasonably okay condition that will last you a year or two. Car markets are gery different between US and Europe. 15k buys you a brand new volkswagen up. Small car, but new.

[Anonymous No.51120837]

>>51111722
>did you know they marched to DC and protested in front of the Federal Reserve after getting raped by him and his banker pals?
If only that'd happen again.

But it won't.

[Anonymous No.51120851]

>>51115024
This.
we ban shortselling in Indonesia.
no crash

[Anonymous No.51120862]

>>51115042
>executed by the peasants
Never. Going. To. Happen.

There is literally nothing that will cause Americans to look to violence as a solution to large social problems.

[Anonymous No.51120893]

>>51120667
Wasn't that way until 2 years ago. Unfortunately it's never going back because automakers cannot increase supply. Ford is about to lay off 18k workers within the next 3 months alone.

[Anonymous No.51120935]

>>51116315
Yes.

[Anonymous No.51120977]

>>51115024
There are a bunch of loopholes in the naked short selling ban that need to be closed.

[Anonymous No.51121011]

>>51116890
>Problem is whales bart a lot and fuck charts more in bear markets
why?

[Anonymous No.51121024]

>>51121011
You can buy and hold for bull markets but shorting the market you have to borrow and have a liquidation price making it easier for whales to hunt stop losses and liqs.

[Anonymous No.51121043]

>>51116788
Ikr? Even normies know about covered calls now

[Anonymous No.51121051]

>>51120152
>They only print money when they issue loans
like in 2008?

[Anonymous No.51121054]

>>51120667
the fug are you talking about. After tax, the same car costs at least 2x the US price in evrope
Still true that people take car loans though

[Anonymous No.51121097]

>>51120128
Gold I'd not a hedge and the idea that it is needs to die. Gold goes down when markets go down

Buy UUP, VIXM, SARK, and HDGE

[Anonymous No.51121176]

So when do we start buying 30 year treasuries? 8%? 12%

[Anonymous No.51121231]

>>51120837
Occupy Wall Street was very based in the early days, it can and will happen again.

[Anonymous No.51121302]

>>51119846
probably this.
also things will chug along nicely at a fed funds rate of 5% and above.
they will raise slowly so that each increment will be accepted by the markets.
but they won't stop until something breaks.
after all at some point there need to be cheap entry prices for the big players again.
it's a controlled destruction like the one that culminated in 2008+.

[Anonymous No.51121320]

>>51119943
i sometimes fucking cringe at the term but this actually sounds like things could be healing.

[Anonymous No.51121485]

>>51115157
>How the fuck is possible to sell something you don't have?
most financially literate cryptotard

[Anonymous No.51121595]

>>51117025
Retard brainlets need jobs that pay a living wage too otherwise they'll all just go on welfare

[Anonymous No.51121621]

>>51121595
or just execute them

[Anonymous No.51122033]

Lots of helicopter riders itt

[Anonymous No.51122124]

>>51116647
It literally can't be a free market. Buyers would have too much power in a free market.

[Anonymous No.51122169]

>>51111434
rates always were the carrot on a stick for low IQ investors, the dump in crypto has nothing to do with this

[Anonymous No.51122592]

>>51120935
No.
That's going from turbohawkish to slightly less turbohawkish.
A pivot is going from hawkish to dovish.

[Anonymous No.51122599]

>>51116840
You're trying too hard.
It's extremely obvious he was referring to the recent accelerated inflation.

[Anonymous No.51122612]

>>51114578
.25% every six months is nothing. Let me know when see 3% at least in one move. Nearly 20% inflation in two or so years isn’t going to stop because of a small hike.

[Anonymous No.51122650]

>>51122612
>Nearly 20% inflation in two or so years isn’t going to stop because of a small hike.
No, it's going to stop when oil, gas, grain, ... starts coming back in uninterruptedly from Russia/Ukraine, and when all kinds of manufactured goods stop getting held up in Chinese port city lockdowns.

[Anonymous No.51122656]

>>51114578
doesn't matter, rates are still below the "official" rate of inflation.
the house is on fire, and firefighters are throwing glasses of water on it

[Anonymous No.51122659]

>>51120284
>We’re in for about 100basis points more between now and march
why 100?

[Anonymous No.51122661]

>>51122650
inflation is not caused by those things. we don't have a shortage of oil or food, we have higher prices, due to monetary policy.

[Anonymous No.51122665]

>>51111434
What's interesting and what many anons don't understand is the money supply is still expanding. These fed decisions reduce the demand for dollar, that's the story being told. But the treasury and NY fed are still pumping money into the economy which has the inverse effect on inflation of course. So we currently have fed tightening their policy and nuking the real economy, but money supply expanding and causing inflation. I expect the treasury and NY fed to pump the stocks. This is fed vs wall street. Or maybe it's the real economy vs the fed and wall street after all.

[Anonymous No.51122667]

>>51122661
>we don't have a shortage of oil or food
Not a shortage, but less of it.
Meaning lower supply with equal demand.

[Anonymous No.51122668]

>>51121011
I literally just explained it in the same post.

[Anonymous No.51122670]

>>51120364
>Its not a pivot but its more or less carrying on as expected and not worse
ok, but rate hikes are bearish/not bullish at all...so at the first fud (Taiwan, Chinese crisis) we may hit new lows

[Anonymous No.51122677]

Kek

[Anonymous No.51122690]

>>51119980
I get an endless supply of 0% apr balance transfer credit card offers in the mail every day. I'm waiting for these to finally stop.

[Anonymous No.51122695]

...

[Anonymous No.51122728]

>>51121024
>You can buy and hold for bull markets
you can also hunt longs in a bull

[Anonymous No.51122731]

>>51120284
>100 more between now and March
Holy cope, you actually think we're pricing in 75 in September and then it's going to 25 in November and 0 in December and 0 until March?

Ahahahahaha

[Anonymous No.51122955]

>>51111434
>even if that means nuking the economy and job market
their mere presence fucks up any fucking bag

[Anonymous No.51123001]

>>51122659
Multiple people at the fed have come out and said they want to let it sit at 3-3.25% for a while.

[Anonymous No.51123040]

>>51111434
>even if that means nuking the economy and job market.
he can go to like 4-5% anything more and federal government goes bankrupt

[Anonymous No.51123128]

>>51119730
Bullshit. He has been lying through his teeth for the past year.
>Inflation is transitory
Yeah after doubling money stock in the space of 2 years. He is either completely incompetent or bullshitting to the public saying this.
>Muh tightening policy
Complete fucking lip service to the average wagie. Biden's spending over the past few months would have been one of the largest stimulus packages of all time if it wasn't for covid. He is printing trillions to fund all this bullshit. Keep in mind wars are expensive and he isn't funding a proxy war with Russia using tax dollars (he certainly isn't cutting public expenditure to do so).
>Inb4 muh Europe is paying their fair share
Europe is completely bankrupt and is at the mercy of the US printing more money to relieve the pressure on their failing currencies and to allow them to paper over the cracks of having economies that do not produce a single thing. They aren't paying for shit in terms of Nato and Ukraine when the dollar is soaking up all value and wealth from the Eurozone. US has to print a lot to stop its proxy states from collapsing and fleeing to Russia/China. If they don't soon the US empire starts to fail and it's geopolitical influence along with it. You think EU will play ball with backing Ukraine when 50% of the population is on the breadline and unable to afford heat this winter? EU politicians heads are at risk.

[Anonymous No.51123166]

>>51123128
>Yeah after doubling money stock in the space of 2 years.
Inflation got boosted by supply chain issues all over the world for literally everything, first due to covid lockdowns and then Russia/Ukraine.

Dumping money into stock doesn't inflate money supply like you think it does.

[Anonymous No.51123181]

>>51123128
>>51123166
Incidentally, this is also why it's insanely retarded to raise interest rates.
You don't fucking fight lowered supply by lowering demand; that's like setting your house on fire to get rid of flood water.

[Anonymous No.51123189]

>>51123040
>Federal government
>Bankrupt
Let this meme die already anon the gold standered hasn't been in place for a long time.

[Anonymous No.51123204]

>>51123166
Fair points but the fuckers expanded their balance sheet many times over. Looking at the rate at which equities and crypto exploded it's fair to assume most of that cash got velocity within the economy. I'm going to go full schizo and pull a theory out my ass and say he wanted to kill demand to give Biden some space to spend trillions on what he wanted without starting Wiemar 2.0.

[Anonymous No.51123215]

>>51123189
What he is implying is that it would be a death spiral of money printing to fund interest that needs money printing to fund its interest and so on at such a rate that it would result in hyper inflation. I think 7% is the rate at which 100% of tax income needs to be spent to service debt (or do equivalent money printing to plug the gap).

[Anonymous No.51123224]

>>51123204
>Looking at the rate at which equities and crypto exploded it's fair to assume most of that cash got velocity within the economy.
To be fair, a whole lot of that was actually fomo and hype, pic related.
Though I agree that all they should've done is drop rates. Expanding the balance sheet like that was excessive.

[Anonymous No.51123270]

>>51120630
this is bullshit and you know it

[Anonymous No.51123275]

>>51111434
I'm a poor retard.
I know these events are how people make money.
You guys are really smart.
Where the fuck do I put my money now?
I keep getting told to buy bonds.

[Anonymous No.51123364]

>>51123275
>buy bonds at low interest rates as the rates are expected to rise
>locking yourself into a fixed low return while inflation is bad and possibly getting worse
I personally wouldn't buy bonds.

[Anonymous No.51123404]

>>51111434
at 4% federal interest payments are above 1T annually lmao
it's like you forgot the last 22 years

[Anonymous No.51123415]

>>51123364
Thanks for the explanation anon.
I'm not very good with vague concepts. I have to break something down to it's core components to understand it.
It's why I have a hard time with Bitcoin, Bonds, ETF's, etc.
The core underlying mechanic of money itself is very vague.
From my understanding though. I don't think stocks or bonds can make money in the future economy. The Government is restricting cash supply, or at least, starting to. So their ability to gain value now is greatly reduced.
I think buying high might actually be the way to go right now. As there will be many companies that fall off, but if you choose the correct flight sector, you will profit.
Better yet, things like Boeing. In specific fields set to reduce, if you back the one guy that everybody will flock to in that field. You will also see large profits.
If a big recession is ahead, if your aim is long term. I don't think buying high right now is a bad idea 20 years down the road.

[Anonymous No.51123425]

>>51111434
>I am not going to pivot.
The pivot was never about what they wanted, it will happen, because either the (global) credit market forces their hand or the economic data (hours worked, inventories, consumer spending, corporate earnings etc.) spells economic catastrophe.
What they want is also completely meaningless, because the entire issue has been politicized and every braindead retard now has a vocal opinion that they have to pretend is valid and true.
All the talk about Volcker and the '70s is a surefire way to spot NPCs who are just repeating memes they saw on the TV. The inflation is mainly caused by supply side scarcity, not the "it's transitionary supply chain issuesTM" that the fed said, but the kind of supply shortcomings that are incompatible with their Free MarketTM economic theories.
Energy producers refuse to increase capital expenditures -thus output- because their institutional shareholders ordered them to return capital to their owners and because oligopolistic behavior in inelastic market segments means increased profits regardless, and the global supplier of everything China shutting down productive capacity for MONTHS multiple times for political reasons. Neither of these things exist in the economic theory they operate on.
People's brains have been rotted away by monetarists and and other goyscience hoaxes, they can no longer comprehend that profit can be derived through scarcity and not just Fair Competition™ in a Free Market™ by Rational Actors™. It is also impossible for them to comprehend that the economy they worship as their infallible moral arbiter is simply hijacked and weaponized by China that resent them and feel not one shred of gratitude for the prosperity of tens of millions of American people that was exported to them.

[Anonymous No.51123440]

>>51123425
Hey, it's me
>>51123275
Poor retard here
Everything you said makes rational sense.
What is your long game?
I want to retire.

[Anonymous No.51123544]

>>51122592
>Assigning animal names to market phenomena

Why are you turbogay

[Anonymous No.51123562]

>>51111434
UST had 20% interest rates. how the hell did it hyperinflate??

[Anonymous No.51123563]

>>51123544
yeah, maybe look this shit up lol

[Anonymous No.51123773]

>>51122731

That’s exactly what the bond market has already priced in you fucking retard. Dont comment if you don’t understand what you are talking about

[Anonymous No.51124184]

>>51122728
Yes you can hunt longs but there is a greater proportion of people just medium term investing with no stop loss and they are immune to scamwicks.

[Anonymous No.51124360]

>>51111464
>Tell people starting in December you are concerned about inflation and will start to raise rates in 2022
>Lmao won't happen
>Raises rates
>Fed won't raise it that high
>Fed does indeed that while telling you we are raising it that high and we probably need about 3.5% or greater by eoy
>T-t-the fed HAS to pivot
>Fed keeps saying we are not pivoting and are concerned about inflation
>Jackson hole happens
>Heh the fed will announce they are going to pivot
>Hey guys we are concerned about inflation and aren't thinking pivoting anytime soon.

Wow just WHO could have predicted this

[Anonymous No.51124362]

>>51111434
Never listen to them. Only watch what they do.

[Anonymous No.51124384]

>>51111434
Well they have to rip the bandaid off sometime.

Every chance they get to use inflation to reduce pressure they will, inflation is how they steal shit.

[Anonymous No.51124396]

>>51111461
You don't understand we do that every year, inflation defined as CPI assumes that you are a single mother living in a city without kids because that is the average American.

[Anonymous No.51124406]

>>51111603
Thank you, I'm saving this one.

[Anonymous No.51124421]

>>51122667
>>51122661
Oil/gas companies are only producing enough to meet current demand rather than stockpiling because Biden has removed subsidies/pipelines/tax breaks Trump had in order to boost his EV stocks which is why Calicuckistan is trying to ban gas cars and pressure states around them to do the same. This means as demand continues to go up, oil will skyrocket and the economy will collapse, because oil is necessary for everything and you can't just be a retarded gigakike and put a trillion dollars in Gavin Newsom's pocket to revamp California.

Of course there's also the fact California will lose 10 million people by 2035 (when gas cars are supposed to be banned) which is going to absolutely dab on their pathetic existence as a state while Texaflorida becomes the new axis. New York and Los Angeles are becoming flyover cities, despite having literally all the resources (good ports, access to trade routes, beaches and skinny slutty women) that should make them successful.

[Anonymous No.51124474]

>>51115388
I whistle when I'm nervous so I understand.

[Anonymous No.51124870]

>>51124396
>single mother without kids
what?

[Anonymous No.51125097]

>But the government is in so much debt!!
lol holy shit it blows my mind that people still talk about this like it matters. The US national debt has only ever gone up on paper by a staggering amount for my entire life. The debt doesn't matter when you are literally the money printer who makes the rules.

[Anonymous No.51125101]

>>51122695
kek

[Anonymous No.51125230]

>>51124360
Wow, they have gone from 0 to a whopping 2.25%, they're doing a great job fighting inflation. Oh shit, inflation went up during that time? Good thing we have a """"""""""" strong economy """"""""" and can handle increased rates, because unemployment could change their stance.

[Anonymous No.51125355]

>>51115024
>Much shorties!
Get back in your containment zone, retard.

[Anonymous No.51125406]

unironically extremely bullish

[Anonymous No.51125410]

>>51116751
Iron condors, butterflies and similar....

[Anonymous No.51125574]

>>51111603
Pretty much.

[Anonymous No.51125767]

>>51111434
good, keep raising them until house prices go -80%

I think hes completely full of shit personally but I hope youre right

[Anonymous No.51127241]

Crab or 1-5% down monday but tuesday will be known as the new black tuesday.