Daily Reminder. Jerome Powell is saving us.

[Anonymous No.54043479]

People and banks and businesses were running out of liquidity at NEAR ZERO interest rates. This tightening cycle is killing zombies, squeezing out retarded shit, lowering prices(long term), and stabilizing the markets(long term).
To my fellow anons. Don't fight the Fed. Don't blame the Fed. Recession is preferable to hyperinflation. It's just 5 years of pain.
Hyperinflation leads to Global Depressions. The kind of shit that lasts 20+ fucking years. You'd lose whole life sentences to that retardation.
Quit fucking conflating clown world with reality. We were never supposed to have $200 quadrillion bronze dildo statues of Martin Luther King every week. We are just going back to reality.

[Anonymous No.54043503]

>>54043479
Thank you Mr. Powell for removing the filth from the US economy.

[Anonymous No.54043536]

This retard denied that 10% inflation was a serious problem and continued to pump more money into the economy for all of 2021. The coming hard landing is going to be significantly worse than it would have been if they'd stopped pumping and started raising rates earlier. He deserves no credit for finally doing his job after fucking up so hard.

[Anonymous No.54043557]

>>54043479
wtf? I'm jammin' with JPOW now.

[Anonymous No.54043649]

>>54043536
>Jpow waited until for political things politicians could use to divert the anger of the dregs away from the FED
It was necessary anon. Even here on this board too many retards would have had pitchforks if 200 other things weren't going on.

[Anonymous No.54044246]

>>54043649
>Pitchforks
>In normiestan
As usual, no one would have done jack shit. The only groups are allowed to protest in the US are niggers and children of the elite, and only over other dead niggers or for more ESG to give more power to the elite.

[Anonymous No.54044432]

>>54043479
>It's just 5 years of pain.
You're delusional. These tiny rises in interests rates can't save this economy. Yes, I said tiny. Because what Powell is doing is the equivalent of throwing a glass of water at a burning building. They haven't put a dent in hyperinflation, and people are already reeling. A true market crash with zero bailouts is the only way we're going to save this rotting carcass.

[Anonymous No.54044723]

>>54044432
>A true market crash with zero bailouts is the only way we're going to save this rotting carcass.
Give it time.
We're going to enter the 2030s with a FED funds rate well above (positive) 7%.
I would not be surprised if undoing 15+ years of retardedness is going to take at least twice as long.
Eventually, even "the human bubble" will need to pop.

[Anonymous No.54044771]

>>54044432
>Why doesn't the Fed just dump to 15% rates
So that the bonds banks are holding don't start having negative yield.
Powell is going to slowly increase the yield, and hold off larger increases for as long as he can. He's allowing financial institutions to prep before each increase accordingly.

[Anonymous No.54044848]

>>54044432
keep lying
inflation has been tamed for months now
only people that want to crash the economy keep egging Powell on

[Anonymous No.54044862]

He’s not one of (((them))) so that’s good

[Anonymous No.54044898]

>>54044848
Inflation has NOT BEEN TAMED.
400k shitshacks is not inflation being tamed
400k Masters degree is not inflation being tamed
60k average cars is not inflation being tamed
I don't get why morons keep thinking inflation is under control when it's fucking rampant everywhere. Until the prices drop steeply, inflation has not been tamed.
He isn't fighting the inflation RATE. He's fighting inflation. That means popping bubbles, that are massive drags in the economy and destroy liquidity in market futures by starving the bulk of the people in the economy of any money or assets.
We aren't trying to build a fucking slave pyramid in the U.S.

[Anonymous No.54044938]

>>54044898
>I say its too expensive therefore it is

[Anonymous No.54044959]

>>54044938
Sorry you bought at the peak bro, this was always going to happen though.

[Anonymous No.54044981]

>>54044848
>>54044938
Why would Powell cut rates into a red hot economy with lowest unemployment since ever and even "inflation is coming down"?
What's the incentive?

[Anonymous No.54045010]

>>54044938
Just so you understand though. When prices are too high for the bulk of the population, the systems that maintain wealth in a nation collapse. Civil strife occurs in many forms. Wealth is burned away rapidly. Money is everywhere, but wealth is gone.

Basically High prices, with low wages. Creates a system where you eventually need negative interest rates to maintain useful levels of liquidity in the markets. That is suicidal. So the prices are coming down, real inflation is being brought down. To return futures liquidity.
Jerome Powell has been implementing a very careful and ingenious slow and steady approach, everybody is grouchy about it.

[Anonymous No.54045056]

>>54043649
no it wasn't fuckface. Shutting down the economy over the fucking flu was the problem.

[Anonymous No.54045084]

>>54045010
If noone buys then prices come down
that is how capitalism works, you moron

[Anonymous No.54045123]

>>54045056
Ah, yes. The companies that were crashing because of zero liquidity when interest rates were near zero before covid was completely healthy and normal. The stagnant growth in wages and gdp, but ever increasing inflation and debt was totally healthy.
Thank you for your insight.

[Anonymous No.54045174]

>>54045084
>If nobody buys, the prices go down
Unless the product in question is considered a necessity and years of ever increasing subsidization to keep up with prices has driven the cost to insane levels.
Or banks/start ups at near zero interest rates have been running rackets
Or literally any of the millions of scummy things that have happened because taking on debt has had nearly no consequences.

There are consequences for being in debt now anon, we are going back to a real currency. Just like the majority of the U.S wants.

[Anonymous No.54045212]

>>54045010
I agree with you anon, I think JPOW has handled everything for the past 4 years as masterfully as he possible could. I genuinely think he has a long term vision and is beyond election cycle 2 year pump and dump cycles.
He is a smooth operator

[Anonymous No.54045234]

>>54045174
So capitalism doesnt work when the product is a necessity?
Nice argument there, commie

[Anonymous No.54045243]

>>54043479
/based op

[Anonymous No.54045245]

>>54045084
You should read about the recent news of the funkodoll (or whatever their name is) oversupply...

[Anonymous No.54045258]

>>54043479
if he wants to save us he needs to increase reserve requirements back up to 20%
would solve inflation as well as insolvency risks

[Anonymous No.54045272]

>>54045084
>>54045234
lol, get a load of this moron trying to sound smart.

[Anonymous No.54045287]

>>54045258
Hello Gregory

[Anonymous No.54045300]

>>54045234
First tell me what money is.
Secondly, we haven't been in a Capitalist system for decades. If you cannot exchange in whatever currency you want to generate as much capital as you can. It is not Capitalism
If Large banks or corporations can prevent you, and do from engaging in business. That is Oligarchy. A nepo-Capitalism, not real Capitalism

Capitalism is a pure concept, it is unattainable with imperfect systems of governance. Just like Communism. They are innately unattainable. So shut the fuck up, your words are the rags dished out in political hit piece magazines.

[Anonymous No.54045305]

>>54043503
fpbp

Turn up the interest rates.
I want maximum heat on the burner

[Anonymous No.54045331]

>>54044938
>government shouldering mortgage debt risk results in real estate inflating by a gorrillion percent
>government shouldering student debt risk results in education inflating by a gorrillion percent
>government shouldering hospital debt risk results in healthcare inflating by a gorrillion percent

>this isn't REAL inflation though because my think tank backed truflation corporate propaganda basket doesn't recognize it. TURN THE MONEY PRINTER BACK ON.

i am going to kill you in real life not in minecraft but in real life and with a real gun

[Anonymous No.54045337]

>>54045305
>Turn up the interest rates.
I want maximum heat on the burner

This. I want the whole system to collapse on its head with no survivors

[Anonymous No.54045375]

>>54044723
>rate well above 7%
>with the current debt
Are you guys all fucking retarded here?

[Anonymous No.54045382]

>>54045300
>>54045331
listen you commies
in capitalism prices solve themself on the market place
if people are willing to buy at the agreed prices then thats up to them

[Anonymous No.54045387]

>>54045212
Jpow has to contend with a fundamentally retarded and financially illiterate public, congress, 90% of the traders and investors, and half the banking sector. They are all retards. They actually cannot comprehend the idea they have to cut costs. That prices have to come down. It is ridiculous how out of hand this has gotten. I'm just glad some semblance of sanity is returning.

[Anonymous No.54045410]

>>54045382
Well, the Fed owns the US dollar, they print them. So they get to decide what they do with the dollar, and the rates pegged to them you goofball.

[Anonymous No.54045416]

>>54045382
The price of putting a bullet in you is cheaper than what you listed your shed on zillow for.
There, capitalism wins.

[Anonymous No.54045424]

>>54045287
>Gregory
almost got it

[Anonymous No.54045440]

>>54045382
Right. The real solution would simply be cutting welfare by 50% (in annual 10% cuts), not taxing businesses so much to bring up wages, and then lower rates. This would actually solve shit. But the U.S government will do LITERALLY EVERYTHING ELSE (including nuclear fucking war) before lowering welfare bc govt spending is where they derive their "democratic" power and security. I mean, fuck look at France. The only thing that gets people out to protest and give a shit about anything is if you threaten to take their gibs. We need to dismantle this state-nigger-intelligentsia alliance. Quick.

[Anonymous No.54045443]

>>54045416
>im too poor to buy a house therefore the FED needs to come in and crash the prices down
ok, pink haired hippie

[Anonymous No.54045472]

> If only you knew how good things really are.

[Anonymous No.54045480]

>>54045410
Stop acting like jpow is literally doing anything but covering the ass of the state. QE is quite literally still happening. They're just doing this now to act like later it's not their fault when they inevitably have to cut spending.

[Anonymous No.54045506]

>>54043536
>hard landing
We're beyond that now.
We're "landing" like a bunker buster bomb.

[Anonymous No.54045509]

>>54045440
>lowering gibs
>in america
Not possible.

American culture is centered around niggers. They have holidays for niggers. They killed hundreds of thousands of white men to free niggers. They listen to nigger music. They elect a nigger as their president. They dress and act like niggers. They draw the entirety of their modern culture from niggers. They post sassy gifs about niggers. They watch sportsball in worship of niggers. Their biggest event of the year involves throwing parties in honor of niggers playing sports. They use nigger slang like "bruh" and "thot". When you say "Martin Luther" they're not thinking of the father of protestantism. They're thinking of the nigger. Their cities are completely overrun with niggers. They worship their ZOGbot police force disproportionately filled with niggers and their global police force of soldiers filled with niggers. Their men sit around watching nigger ball while their women sit around watching nigger talk shows. They worship niggers like Muhammad Ali and Michael Jordan and Michael Jackson and the late Eddie Murphy while attacking the whites who actually built their country before niggers took over. Their movies are filled with niggers and their music charts are topped by niggers. They send niggers to the Olympics and celebrate when the niggers win because those niggers are true red blooded american niggers. They watch nigger porn to a point where "BBC" does not make them think of an international media company but about nigger penises instead. They will tell you how much they hate niggers and how the mutt's law meme is a stale joke and they are just pretending to love niggers but the evidence speaks for itself in that America has always been and will be a nation of nigger loving niggers

[Anonymous No.54045516]

>>54045440
https://www.youtube.com/watch?v=YMkebems5N4
It's not welfare, it's not food stamps. Those things are small fry. Give this a listen, we have congressional officials who have actual plans to balance the budget, they just get ignored because nobody reads, and nobody can be fucked to listen.

Aside from the Government though, the economy quite literally needs the interest rates. Cutting all benefits just crashes shit. Same with cutting all subsidies.
We've had benefits decades, it's just that they've never before been managed so poorly and lazily.
Back in the day, we used to do this thing where interest rates at 15% was considered low. People still had wealthy happy lives.

[Anonymous No.54045553]

>>54045480
>QE is still happening
No it's not, the tightening yields on banks is proof of that. Just because we are slowly moving into QT, doesn't mean it isn't happening. It's a measured approach to prevent a burning death spiral in the economy.

[Anonymous No.54045621]

>>54043479
No. Its all part of the plan to impoverish and eliminate the middle class. All of this is deliberate.

[Anonymous No.54045701]

>>54045621
Bruh, Hyperinflation literally caused that bullshit. Tulips caused that bullshit.
Powell is doing the opposite. If the money supply shrinks WELL, you can have a rather inert depression.
>Inb4 IMPOSSIBLE
What's different this time is that the population is shrinking, not growing. We have a shrinking number of people in the future that will be reaching for slices of the pie. So even at -2% things aren't too bad off.

As also posted in the thread. The problem with the money supply is that liquidity is too low, with near zero interest rates. This is caused by prices being far too high for how low wages are.
So less people at the pie
Zero liquidity
>Imploding clown dollars and businesses we don't need anyway. Like 540 Bazingillion dollar dildo statue sculpters.

Please read up on depressions and what made the Great Depression so bad for the U.S. We also had the Dustbowl and a Total 2 front war then. People were still shooting each other in mafia wars. People were still getting drunk on tuesday night. Things aren't as bad as you're thinking.

[Anonymous No.54045731]

he's the harbinger of death

[Anonymous No.54045738]

>>54045701
The causes are different but the intent is the same. Consolidating all the assets to the ruling ultra wealthy class.

[Anonymous No.54045769]

>>54045701
there was no war in the great depression, moron

[Anonymous No.54045788]

>>54043479
I don’t think this civilization should be saved.

[Anonymous No.54045791]

>>54044862
>South Africa: Forces for Change
Crypto

[Anonymous No.54045801]

>>54045738
The ruling elites owning everything causes Depressions dude. When nobody can own anything, nobody works. Things collapse. Please re-read history. Housing subsidies exist to keep the economy moving because the rich outpriced the poor. Had we not deployed subsidies we would have crashed years ago. It's BECAUSE the few own too much that crashes happen.
The Government already tested perma-renting and knows it leads to perma-crashes. People won't work, breed, or contribute in a perma-renting economy(communism in Russia and China)

[Anonymous No.54045816]

>>54043479
How old will millennials be when they finally make it? 50?

[Anonymous No.54045820]

>>54045769
>Bruh, wars just end bro. There are no after effects from a war, there are no pre-affects from an incoming war
Thanks for the insight.

[Anonymous No.54045833]

>>54045801
hu? people breed in communism just fine

[Anonymous No.54045860]

>>54045833
Russia, China, Cuba, Vietnam, and Singapore would like a word with you.

[Anonymous No.54045878]

>>54045860
>people breed in capitalist societies
Japan and South Korea would like a word with you

[Anonymous No.54045900]

>>54045878
>Perma-renter economies
I wasn't saying Communism
I was saying that communism had the same affect on people as perma-renting in non-capitalist nations. My bad if that wasn't clear.

[Anonymous No.54045916]

>>54045860
Hu? Eastern Europe had much higher birth rates under communism
The Soivet Union collapsed 30 years ago and China left communism with Deng Xiao Peng

[Anonymous No.54045990]

>>54045916
Anon, It was a large generalization.
In specific regions in China today. There still exists high birth rates. There are many places where Communism isn't effectively implemented, and people are left on owned land. Or the land "feels" owned enough by a family. Or the Unit.
It really comes down to the couple feeling like the Man of the household is "THE MAN" of the land. It makes women more likely to breed if their spouse owns shit.

[Anonymous No.54046033]

>>54045801
https://caucus99percent.com/content/48-trillion-bank-bailout-you-had-no-idea-had-happened

You're working on the assumption that they are
1.Sane
2.Intelligent
3.Care

They have their fortified bunkers in new Zealand and other places to weather the chaos.

[Anonymous No.54046083]

>>54046033
You're assumption is that they would rather live in a commune, in rapidly lower quality of life, with a wildly uncertain future. Instead of being seen as Famous, with fancy cars, beautiful women, exploring amazing historical sites the peasants can't even get access to, while feeling moral doing it. Rather than simply fix the system or stir the pot enough that people are happy again.

[Anonymous No.54046114]

>>54046083
All of their actions to this point shows a blatant disregard for anything but fuck you got mine mentality

[Anonymous No.54046122]

we just need to Build Back Better

[Anonymous No.54046185]

>>54046114
If Powell could, he would go full Volker. He wisely knew that he couldn't anon. Just like you grew up with the people, toys, actors, authors, etc here. In the U.S. So did Powell, and many of the "elites". They, many, do on some level care about this place. They are most, simply as vapid and materialistic as the rest of the populace having been raised in the same culture as everyone else. They simply started from success which increased their long term planning capability debuff.

[Anonymous No.54046270]

>>54045990
what about negros and mexicants and their ability to breed so effectively despite owning nothing. interesting concept though I'll keep it in mind

[Anonymous No.54046313]

>>54046270
>Negros own nothing
They own the streets bruh, he'll kill a muhfugger who walks on his streets
Makes women damp
>Mexicans
They do own lots of property because they crowdsource purchases and all work multiple jobs to pay off and buy up as much as possible. While also dabbling in muhfuggin streets for pussy too.

[Anonymous No.54046382]

>>54046313
They would be happiest if we were all reduced to serfdom, like their ancestors had working their land. We have psychotic criminals running global finance. Self regulated crooks who counterfeit money via cellar boxing. We are fucked because we've been looted of our wealth by these maniacs.

[Anonymous No.54046443]

I am fully aware and I actually think that he is doing a relatively good job. He could have started to fight the inflation much sooner but well, we all have our faults. Still, compared to the shits and drags of EU... our own banks like ECB and others are doing fuck all and plainly revel in our misery. So yeah, comparatively, Powell has my seal of approval.
Plus, I think he looks bretty cool. Nice hair

[Anonymous No.54046482]

>>54045801
Renting doesn’t keep people from breeding.
Serfs lived as literal rentoids and bred just fine it’s more agrarian vs urban living.
In an agrarian setting kids are basically free labor to work more land.
In an urban setting they are basically expensive pets.

Births collapsed in Japan because they became immensely urbanized
Same for Post-Soviet states after going through what was essentially state-mandated urbanization.
USA actually has some of the best birth rates because they (suburban)ized.

You are right that renting destroys everything else though.

[Anonymous No.54046565]

>>54045916
Yeah because poor stupid people reproduce more. It's just an empirical fact. I don't know if it works in reverse, though. Like, if you dumb down smart people will they have more children?

[Anonymous No.54046594]

>>54043479
Based Mr Powell
Have a steak on me for your good deeds

[Anonymous No.54046606]

>>54045769
>>54045833
>>54045916
go back to r*ddit you stinking third-world brown faggot

[Anonymous No.54046632]

>>54043479
Based, truthpilled, logic pilled, reasoned pilled. In that order.

[Anonymous No.54046633]

>>54045701
>We also had the Dustbowl and a Total 2 front war then. People were still shooting each other in mafia wars. People were still getting drunk on tuesday night.
Yeah now we just have an open border, a proxy war with a nuclear state, people shooting each other in simmering race war, and people dying from fentanyl. Things are great.

[Anonymous No.54046657]

>>54043479
based
total zombie death is coming

[Anonymous No.54046702]

>>54044981
because its better to do it WHEN the economy is healthier. it has to happen so why chance and wait it for when the economy is shit.

either way doesnt matter. its all going to collapse. the amount of debt with fed fund rate 8%+ is impossible.
inflation is 15%+ right now and isnt slowing down.
you're all a bunch of ignorant nigger reddit permabulls. go get vaxxed fucktards.

[Anonymous No.54048554]

>>54044862
>He’s not one of (((them))) so that’s good
This is the exact reason why they are pulling the plug now. Let the non-Jew take the blame. We had Jewish Federal Reserve chairmen for decades before Powell and they all did Quantitative Easing and kept lowering the Federal Funds Rate. They knew the party was ending, so they needed a scapegoat. Lo and behold, Mister Powell seems like a good fit.

[Anonymous No.54048645]

>>54046313
>They own the streets
I cannot refute this. I don't think its explicitly ownership though, because if you have the ability to own but are still rentcucking in a nice spot, women will respect. So it's a status thing, as always. No status if you are beholden to a landlord with no other options

[Anonymous No.54048714]

>>54043536
Needed a crisis to have the political capital to see the rate hikes through, the tumor (boomer) must die so the body (economy) can survive

[Anonymous No.54048724]

>>54046033
>They have their fortified bunkers in new Zealand and other places to weather the chaos.
This is and will never not be the most insane delusional cope I have ever heard. The fact these buffoons think they'll weather social collapse/revolution in some luxurious bunker surrounded by enemies that just choose to leave them alone, protected by infallibly loyal guards paid in now worthless currencies, who absolutely won't run a train on their Russian mail-order whore wife and brat children as the former master watches, hung by his entrails in the corner of the room.

The beauty is that you have to be a genuine psychopath to believe in such bullshit, like be pathologically incapable of empathising with others, to the point you genuinely believe you're Lelouch le Machiavelli and people will just bend to your will forever. I feel so insulted whenever I hear this New Zealand bunker lunacy.

[Anonymous No.54048805]

>>54045331
Based direct action enthusiast

[Anonymous No.54048830]

>>54048805
The guy is a fucking moron who thinks its the FEDs job to bring house prices down, so his poor ass can afford one

[Anonymous No.54049080]

>>54048830
>house price action has been organic
'no'

[Anonymous No.54049164]

>>54045440
welfare isn’t even big enough slice of the debt pie holy shit
they are never cutting welfare anytime soon unless we enter ww3 and end up living in some neo nazi futuristic society
the moment the slave class stops being fed you have civil war

[Anonymous No.54049492]

>>54043479
thank you mr powell, you have been a good fed

[Anonymous No.54050090]

>>54044862

>Jesuit university

Shabnos goy

[Anonymous No.54051500]

>>54048724
Precisely. These psychopathic criminals belong in solitary confinement in pelican bay. Not a luxury bunker in new zealand.