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Posted: 11/2/2022 7:02:56 PM EDT
[#1]
Because conspiracy theorists are wrong about who controls the Fed.
Like everything, they attribute malice where they should be attributing human error. |
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Posted: 11/2/2022 7:06:49 PM EDT
[#2]
The market didn't "tank.". It's still 3000 points higher than it was 3 weeks ago
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Posted: 11/2/2022 7:11:25 PM EDT
[#3]
The FED? Sorry about 10 years too late to the “rescue”.
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Posted: 11/2/2022 7:16:08 PM EDT
[#4]
Quote HistoryQuoted: Lol R's in power will do what? More laws? They had T money and congress for 2 years and acted like a bunch of swamp rats. R's get control of congress barely, then D's run in 24 against the R's for failing to pass any bills and gridlocked the Potato, we get AOC for 4 years at most upright person of genius supreme commander if we're lucky.   |
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Posted: 11/2/2022 8:26:02 PM EDT
[#5]
Quote HistoryQuoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. Quote HistoryQuoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. Unless you have an ARM 
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Posted: 11/2/2022 8:42:03 PM EDT
[#6]
2 + more years of pain, but it may be a means to an end. If the Rs end up winning the midterms in both houses, nothing will happen, it will be stalemate city unless they can veto proof a vote.
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Posted: 11/2/2022 8:44:15 PM EDT
[#7]
Quote HistoryQuoted: Everyone knew this was going to happen. Not really a surprise. This. and they are going to raise again in January. Get used to it. kwg |
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Posted: 11/2/2022 8:46:20 PM EDT
[#8]
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Posted: 11/2/2022 8:47:40 PM EDT
[#9]
Quote HistoryQuoted: They raised rates another 75 points and the market tanked. Quote HistoryQuoted: Quoted: Context? |
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Posted: 11/2/2022 8:50:41 PM EDT
[#10]
Quote HistoryQuoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. |
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Posted: 11/2/2022 8:51:13 PM EDT
[#11]
April 20, 1980 it hit 20%, were only at 4%.
It’s going to be a hell of a ride. |
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Posted: 11/2/2022 8:54:07 PM EDT
[#12]
Quote HistoryQuoted: Because conspiracy theorists are wrong about who controls the Fed. Like everything, they attribute malice where they should be attributing human error. They fuck up way too much stuff for it it all to be human error, also strange how the same thing happens in different countries around the same time. Not sure about the whole .fed thing, but overall stuff in general, ya it's intentional. |
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Posted: 11/2/2022 8:54:57 PM EDT
[#13]
Quote HistoryQuoted: Worried the Rs are set to win. Tank the country, and blame the Rs as usual. Winning and taking some heat or losing and having no control. I will take winning every time. |
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Posted: 11/2/2022 9:01:27 PM EDT
[#14]
Despite suggesting moving back to smaller hikes as soon as next month, Powell also noted that the Fed would continue raising rates until inflation is tamed. "Incoming data since our last meeting suggests that ultimate level of interest rates will be higher than previously expected," he also said
More double speak. Sounds like he doesn't want to take the economy until it's time to tank the economy |
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Posted: 11/2/2022 9:13:46 PM EDT
[#15]
They gotta ram this bitch into the ground when the R's take over in a couple weeks, so they can run interest to zero right before elections '24 and claim that they saved everything the R's messed up.
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Posted: 11/2/2022 9:28:54 PM EDT
[#16]
Quoted: Torpedo their masters chances of election in a week? Why would the globalist fed hurt the democrats chances of killing us all through the mass starvation and the great reset? We all operate under this paradigm that the Democrats control everything. After all, they seem to control the Media, etc. However, to get a clearer picture, you have to flip that assumption on it’s head, and This is a great opportunity to gain insight: The true masters Are the FED, or, whomever controls them. The Democrats are tolerated as slightly less dangerous (and more compliant) useful idiots. What is the FEDs true agenda and long term goals? None of us know, but it’s probably the same as any other Cartel. World domination, etc. |
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Posted: 11/2/2022 9:29:44 PM EDT
[#17]
Quote HistoryQuoted: They raised rates another 75 points and the market tanked. Quote HistoryQuoted: Quoted: Context? FUCK joe biden |
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Posted: 11/2/2022 9:35:27 PM EDT
[#18]
Quote HistoryQuoted: Schwarz Mittwoch!  Buying opportunity (per GD). Remember the Fed Res is independent of any party and its members OWNs both of them. Quote HistoryQuoted: Schwarz Mittwoch! Buying opportunity (per GD). Remember the Fed Res is independent of any party and its members OWNs both of them. Someone has to buy the Château Lafite Rothschild. Jerome Powell has balls. He will do what it takes to put the economy back on track. The Dems pushed to far. The party is over. That’s comedy gold. Well done. |
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Posted: 11/2/2022 9:35:39 PM EDT
[#19]
Quote HistoryQuoted: LOL. Free markets are bad. The markets need to be protected from themselves. We need intervention for our own good. LOL.  WORLD. Money and State should be separated. Period. |
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Posted: 11/2/2022 9:40:20 PM EDT
[#20]
Powell shouldn't have been reappointed but should've been indicted.
Fed Chair Jerome Powell Sold Over $1 Million in Stocks Right Before Crash |
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Posted: 11/2/2022 9:43:35 PM EDT
[#21]
I’m betting cuntlosi needed to pull some funds from the market to fix her patio door and make it back.
These cocksuckers manipulate the market to serve THEIR needs, not ours. |
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Posted: 11/2/2022 9:50:51 PM EDT
[#22]
Quote HistoryQuoted: Aren't "adjustable-rate mortgage" payments going up? Quote HistoryQuoted: Quoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. Aren't "adjustable-rate mortgage" payments going up? Not only does he not know that, he didn’t comprehend the original meaning of the meme. |
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Posted: 11/2/2022 9:58:00 PM EDT
[#23]
Quote HistoryQuoted: Worried the Rs are set to win. Tank the country, and blame the Rs as usual. I think that’s it. |
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Posted: 11/2/2022 9:59:31 PM EDT
[#24]
Quoted: Torpedo their masters chances of election in a week? Why would the globalist fed hurt the democrats chances of killing us all through the mass starvation and the great reset? Or. Stay with me for a second. Not everything is part of some conspiracy theory? |
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Posted: 11/2/2022 10:01:18 PM EDT
[#25]
Quote HistoryQuoted: April 20, 1980 it hit 20%, were only at 4%. It’s going to be a hell of a ride. Probably so but I don't think there's any chance we'll get anywhere near that high I don't think it's possible anymore. With the national debt as high as it is I think it would collapse the whole system. |
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Posted: 11/2/2022 10:05:52 PM EDT
[#26]
Fed is a day late and a dollar short. Should have started before Yellen said inflation was 'transitory'.
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Posted: 11/2/2022 10:06:01 PM EDT
[#27]
Congress keeps spending, Fed will keep raising.
We will need to hit 8-10% to stop inflation, IF congress doesn't fuck it up. But they will, because all the blame for what a 10% fed funds rate does to markets and the economy will be laid at the feet of the new GoP lead congress. And the soft old fucks will capitulate and write bills that hand out billions to "ease the pain" and kick off a new inflationary spike. Then 2 years later Dems will hold congress and go nuckin futs with the check book. |
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Posted: 11/2/2022 10:07:10 PM EDT
[#28]
Quote HistoryQuoted: Probably so but I don't think there's any chance we'll get anywhere near that high I don't think it's possible anymore. With the national debt as high as it is I think it would collapse the whole system.  Attached File |
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Posted: 11/2/2022 10:07:17 PM EDT
[#29]
Quote HistoryQuoted: Powell said months ago they could not control inflation. Which then raises the question why did they choose to break the markets anyways? Their only tool is a hammer.  But most of this inflation is supply side. They don't really have a tool for that. The only thing they can do is crush demand through punishing rates until it somewhat matches supply. Aside from that, the Dems destructive energy policy carries a lot of the blame for a good portion of inflation. |
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Posted: 11/2/2022 10:07:43 PM EDT
[#30]
It’s a private bank with trillions in their balance sheet. They’re looking our for themselves first
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Posted: 11/2/2022 11:49:51 PM EDT
[#31]
Quote HistoryQuoted: What if you had three pandemic kids and need to move ASAP? What if you won the Powerball? |
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Posted: 11/2/2022 11:52:47 PM EDT
[#32]
Quote HistoryQuoted: Having a savings account is finally paying off  Gross |
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Posted: 11/2/2022 11:55:51 PM EDT
[#33]
Quote HistoryQuoted: Because conspiracy theorists are wrong about who controls the Fed. Like everything, they attribute malice where they should be attributing human error. It may mostly be. But not all. |
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Posted: 11/2/2022 11:58:45 PM EDT
[#34]
Quote HistoryQuoted: Worried the Rs are set to win. Tank the country, and blame the Rs as usual. Riiight...because the Republicans aren't mobbed up with the Federal Reserve at all. Lol. |
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Posted: 11/3/2022 12:14:49 AM EDT
[#35]
Bet the globalists will use it for wealth gain at others' expense
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Posted: 11/3/2022 12:17:45 AM EDT
[#36]
Quoted: Torpedo their masters chances of election in a week? Why would the globalist fed hurt the democrats chances of killing us all through the mass starvation and the great reset? 
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Posted: 11/3/2022 6:00:53 AM EDT
[#37]
Quote HistoryQuoted: Despite suggesting moving back to smaller hikes as soon as next month, Powell also noted that the Fed would continue raising rates until inflation is tamed. "Incoming data since our last meeting suggests that ultimate level of interest rates will be higher than previously expected," he also said More double speak. Sounds like he doesn't want to take the economy until it's time to tank the economy Exactly. He's waiting for the Rs to win before they tank the economy |
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Posted: 11/3/2022 6:09:56 AM EDT
[#38]
Quote HistoryQuoted: Probably so but I don't think there's any chance we'll get anywhere near that high I don't think it's possible anymore. With the national debt as high as it is I think it would collapse the whole system. Quote HistoryQuoted: Quoted: April 20, 1980 it hit 20%, were only at 4%. It’s going to be a hell of a ride. Probably so but I don't think there's any chance we'll get anywhere near that high I don't think it's possible anymore. With the national debt as high as it is I think it would collapse the whole system. Just need to increase taxes. The left wants 87%, so you should be happy with 78%. Or whatever |
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Posted: 11/3/2022 6:11:40 AM EDT
[#39]
It's interesting that you think the Republicans aren't globalists.
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Posted: 11/3/2022 6:12:36 AM EDT
[#40]
Quote HistoryQuoted: Bingo. It's not all a great big conspiracy against you. It may mostly be. But not all. Quote HistoryQuoted: Quoted: Because conspiracy theorists are wrong about who controls the Fed. Like everything, they attribute malice where they should be attributing human error. It may mostly be. But not all. So they sometimes get lucky and get it right on accident? |
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Posted: 11/3/2022 6:17:11 AM EDT
[#41]
The market went down because Powell said stop focusing in the interest rate steps and focus on the terminal rate. What has not given us a hint on? What the terminal rate is.
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Posted: 11/3/2022 6:28:20 AM EDT
[#42]
Quote HistoryQuoted: LOL. Free markets are bad. The markets need to be protected from themselves. We need intervention for our own good. LOL. WORLD. Money and State should be separated. Period. Quote HistoryQuoted: Quoted: People need to understand that tightening monetary policy, including rate hikes, are good for us right now. Will it hurt? Hell yes it will but it’s the medicine we must take. We NEED a recession. With luck, Democrats will pay the political price. A recession that lasts into the general election season of 2024 is very good. LOL. Free markets are bad. The markets need to be protected from themselves. We need intervention for our own good. LOL. WORLD. Money and State should be separated. Period. Quoted: Jerome Powell has balls. He will do what it takes to put the economy back on track. The Dems pushed to far. The party is over. |
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Posted: 11/3/2022 6:57:12 AM EDT
[#43]
Why?
What is the end game? |
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Posted: 11/3/2022 7:06:34 AM EDT
[#44]
Quote HistoryQuoted: Why? What is the end game? GLOBAL POPULATION UNDER 500 MILLION WITH BIDEN AS THE SUPREME GLOBAL LEADER WOTH STACY ABRAMS |
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Posted: 11/3/2022 7:22:46 AM EDT
[#45]
Quote HistoryQuoted: People need to understand that tightening monetary policy, including rate hikes, are good for us right now. Will it hurt? Hell yes it will but it’s the medicine we must take. We NEED a recession. With luck, Democrats will pay the political price. A recession that lasts into the general election season of 2024 is very good. Truth. |
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Posted: 11/3/2022 7:23:58 AM EDT
[#46]
Quote HistoryQuoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. Quote HistoryQuoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. Sure is putting a damper on my plans to move though. |
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Posted: 11/3/2022 7:25:08 AM EDT
[#47]
Quote HistoryQuoted: The market went down because Powell said stop focusing in the interest rate steps and focus on the terminal rate. What has not given us a hint on? What the terminal rate is. Thought all this was "already baked in" for the next 6 months or whatever |
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Posted: 11/3/2022 7:25:40 AM EDT
[#48]
Quote HistoryQuoted: True dat, but when the dust settles most people won't have a ball to take home if they even have a home to go home to. Since when did we start worrying about 'most people?' I have a fairly low rate fixed mortgage. I suspect a lot of us here do. |
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Posted: 11/3/2022 7:31:14 AM EDT
[#49]
Quote HistoryQuoted: QE was good old Ben “The Professor” and Ms. Janet “Stanford Pin Up of the Year” Yellen. Powell isn’t fucking around. Quote HistoryQuoted: Quoted: LOL the fed knew full well when they did the QE scheme what was going to happen. it was baked in from the start, the only part left to play out is the ending where most people lose their homes and savings. QE was good old Ben “The Professor” and Ms. Janet “Stanford Pin Up of the Year” Yellen. Powell isn’t fucking around.  |
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Posted: 11/3/2022 7:32:25 AM EDT
[#50]
Quote HistoryQuoted: Lol R's in power will do what? More laws? They had T money and congress for 2 years and acted like a bunch of swamp rats. R's get control of congress barely, then D's run in 24 against the R's for failing to pass any bills and gridlocked the Potato, we get AOC for 4 years at most upright person of genius supreme commander if we're lucky. This. A GOP Congress only reduces the speed of the slide from ludicrous speed to light speed. Our population is broken—the Left is incorrigibly f’ed up and the right isn’t budging (anymore) on its convictions. |
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