JPOW SPEAKING GET IN HERE
Why are retards betting on 4 fucking rate cuts this year? If we're in stagflation, which we likely are, we need massive rate increases.
fuck chinks and poos, we run this shit, we're cutting rates to zero
Wow damn what a g
powell got aura ngl
Why do these incredibly powerful people speak in places that look like a school gym.
jpow, if vibecession becomes goes to recess, we're cooked. Comment?
exactly. "if there's a recession" fucking retards.
vietnam already capitulated
jpow damage controlling already walking back his previous stance (capitulation imminent)
Who is next?
We stopped building and designing cool places in America.
nothingburger
false
Not if the tariffs kill the economy. Stagflation was caused by overspending on Vietnam and oil shocks. DOGE is attempting to nuke federal spending, and the energy market is much more stable than it was back then. The tariffs will cause an initial price spike, but not sustained price increases like a supply shock or increase in the money supply would. Rates should be dropped to save the private sector
what was his reply?
pow damage controlling already walking back his previous stance
It was real in your head.
To combat inflation and help pay off national debt 10,000 BPS hike
My guess what he’ll say and do
"heh heh"
but not sustained price increases
prices up = inflation
they aren't going to cut, specifically because tariffs will increase prices. lmao.
If you read between the lines here he's basically saying that everything is bad right now, the only saving grace is some uncertainty and maybe things won't be so bad when the smoke clears, but if it is bad it's going to be atrociously bad.
There was soft landing
Huh? When?
He’s a big ol pussy
"We don't make predictions about the likelihood of certain events"
when I landed on top of your mom's fat ass
this guy is going to end up being the most accomplished fed chair in human history
first trump term and start of minor trade wars with china
covid and resuling inflation
ukraine war causing food/energy prices to skyrocket
trump 2.0 and trade wars with the entire world
Erm, but, prices go up which mean inflation go up, which mean interest rate also must go up?
But the price hikes will be artificial, not caused by demand outstripping supply. Raising taxes (tariffs) are contractionary fiscal policy, and have a similar affect on markets to hiking rates. Interest rate increases aim to throttle the economy by increasing the cost of borrowing. Tariffs throttle it by raising prices beyond where the market had set them.
Pretty much.
The 2 year QT to get the curve back on track after the covid/repo resuscitation was impressive
harley davidson moved their manufacturing to vietnam
now they are being tariffed
what do you have to say to that
KWAB imagine buying a chinese or vietnamese harley
we're keepers of the peace, not soldiers
was this a genuine question someone asked? they moved production to vietnam to be cheap. they will simply move production to other, cheaper countries.
Good, fuck em. They did the same thing to other manufacturers back in the day.
"inflation will rise, growth will slow; we will have to wait and see how this plays out"
Well, there you have it from the head of the fed
Trump is such a retard that he thought his tariffs would push powell to drop rates, when the opposite is true because tariffs are inflationary
market plummeting and he's talking about being a wagie lol
FED DISCORD CONFIRMED
yeah that was funny
"Your purple tie influences the schizophrenics in the market. Comment?"
The fed just said we're going to have STAGFLATION and have no idea what the fuck they're supposed to do about that.
The buzz phrase is now "waiting for clarity."
clears throat
why does he do this constantly? is he ok?
He is being served up on the chopping block.
okay package delivered good job
nothingburger
Say it with me. WE ARE IN A TRADE DEFICIT.
They don't - and it's not their job. You can't solve government policy failures with fiscal instruments. What JP is doing, is making sure that government can keep financing itself through borrowing to deal with garbage that it created. Not his fault if the fed government is retarded.