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Posted: 11/2/2022 4:27:30 PM EDT
[#1]
Context?
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Posted: 11/2/2022 4:28:18 PM EDT
[#2]
Quote HistoryQuoted: Context? |
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Posted: 11/2/2022 4:28:51 PM EDT
[#3]
Quote HistoryQuoted: Context? Rate hike today .75% |
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Posted: 11/2/2022 4:30:05 PM EDT
[#4]
Worried the Rs are set to win. Tank the country, and blame the Rs as usual.
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Posted: 11/2/2022 4:30:36 PM EDT
[#5]
Everyone knew this was going to happen.
Not really a surprise. |
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Posted: 11/2/2022 4:31:35 PM EDT
[#6]
I wouldn't know.
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Posted: 11/2/2022 4:31:58 PM EDT
[#7]
Stocks went up then went down
OH NO!!! |
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Posted: 11/2/2022 4:33:40 PM EDT
[#8]
Schwarz Mittwoch!
 Buying opportunity (per GD). Remember the Fed Res is independent of any party and its members OWNs both of them. |
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Posted: 11/2/2022 4:34:25 PM EDT
[#9]
Quote HistoryQuoted: Worried the Rs are set to win. Tank the country, and blame the Rs as usual. |
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Posted: 11/2/2022 4:34:51 PM EDT
[#10]
Look for a bigger bombshell later in the week to shock and awe
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Posted: 11/2/2022 4:35:04 PM EDT
[#11]
Quote HistoryQuoted: Schwarz Mittwoch! Buying opportunity (per GD). Remember the Fed Res is independent of any party and its members OWNs both of them. At some point, you break the whole game. Everyone quits playing and takes their ball home. |
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Posted: 11/2/2022 4:38:16 PM EDT
[#12]
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? To make everything cheaper for Klaus Schwab/George Soros to buy up. C'mon, OP. |
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Posted: 11/2/2022 4:41:46 PM EDT
[#13]
It wasn't the rate hike...everyone knew that was coming.
Powell spoke afterwards and said there is zero sign inflation is easing. More hikes coming. Supply side issues not resolved. Window for a soft landing narrowing. Best news we could have gotten a week out from the midterms. Biden's speech tonight can only further inflame the right when he calls us "the greatest threat to our democracy", again, driving even more conservatives to the polls. This was a gift. |
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Posted: 11/2/2022 4:42:09 PM EDT
[#14]
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: 11/2/2022 4:42:52 PM EDT
[#15]
Quote HistoryQuoted: It wasn't the rate hike...everyone knew that was coming. Powell spoke afterwards and said there is zero sign inflation is easing. More hikes coming. Supply side issues not resolved. Window for a soft landing narrowing. Best news we could have gotten a week out from the midterms. Biden's speech tonight can only further inflame the right when he calls us "the greatest threat to our democracy", again, driving even more conservatives to the polls. This was a gift. Powell said months ago they could not control inflation. Which then raises the question why did they choose to break the markets anyways? |
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Posted: 11/2/2022 4:46:14 PM EDT
[#16]
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. |
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Posted: 11/2/2022 4:46:49 PM EDT
[#17]
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 4:47:30 PM EDT
[#18]
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? I suspect you are seeing the opening stage to eliminate everything not going to work in the system. The two biggest hurdles are China and Russia, with BRICS trailing in third. The globalists need control over the global currency and they cannot tolerate a viable currency especially backed in things like energy commodities the WEF is trying to eliminate. I suspect they think they have enough rhinos in office and new candidates to stall any real reforms crushing their agenda. They are deep in both parties. I suspect they are going to back off a bit. Covid was only a potential shortcut to the great reset. Let the reject class politicians take the fallout from the lockdowns and all the bad decisions and next couple cycles when people are fed up with republicans not doing anything because they are handcuffed by the likes of Romney the tide will shift blue and they can resume more cautiously. Ultimately I have not seen a path to victory for freedom once AI and automation destroy the labor vs capital paradigm. The only plan that I see discussed is UBI fit workers that cannot adapt to the new reality. If we are lucky UBI will be a closed loop system where goods produced at much lower costs due to reduced labor costs will be purchased by a persons UBI to keep them just comfortable enough they don’t rock the boat. The UBI will be transferred to the recipient who transfers it back to the stakeholders providing the subscriptions and goods needed by the recipient over and over. If we are unfortunate the eugenics wing of the WEF wins and UBI recipients will be coerced into not having children. |
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Posted: 11/2/2022 4:48:41 PM EDT
[#19]
Heard Bongino on the radio today. He said friends in the beltway told him pedo joe is writing up a bunch of executive orders for after the dems get smashed in the election. He also said they're designed to fuck over the middle class.
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Posted: 11/2/2022 4:49:37 PM EDT
[#20]
I really don’t know how it hasn't crashed yet at this point.
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Posted: 11/2/2022 4:49:57 PM EDT
[#21]
Quote HistoryQuoted: It wasn't the rate hike...everyone knew that was coming. Powell spoke afterwards and said there is zero sign inflation is easing. More hikes coming. Supply side issues not resolved. Window for a soft landing narrowing. Best news we could have gotten a week out from the midterms. Biden's speech tonight can only further inflame the right when he calls us "the greatest threat to our democracy", again, driving even more conservatives to the polls. This was a gift. What happens if his 'handlers' tell him not to be so devisive (as if right??)... do we still get the free gift? |
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Posted: 11/2/2022 4:50:12 PM EDT
[#22]
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. 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 4:52:33 PM EDT
[#23]
Quote HistoryQuoted: 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. 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. |
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Posted: 11/2/2022 4:55:47 PM EDT
[#24]
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Posted: 11/2/2022 4:56:36 PM EDT
[#25]
Quote HistoryQuoted: Worried the Rs are set to win. Tank the country, and blame the Rs as usual. This. The house of cards is coming down, and nothing's going to stop it. Might as well blame the R's when the shitshow continues with the economy. Then they can run in 24 with "We'll fix all this mess the R's created!" |
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Posted: 11/2/2022 4:56:50 PM EDT
[#26]
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. Fix anything? Probably not... Stave off disaster? we can hope.. so silly shit like the AWB doesn't get through etc etc... But they can't correct the ship alone even if they 'tried'. But its going to be FAR better than a completely 1 sided party rule. |
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Posted: 11/2/2022 4:56:58 PM EDT
[#27]
Quote HistoryQuoted: 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. Quote HistoryQuoted: 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. 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. That's coming. Give them time. We'll all need the nice, trustworthy government to come to our rescue and save us from financial ruin. |
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Posted: 11/2/2022 5:00:17 PM EDT
[#28]
Quote HistoryQuoted: If we are lucky UBI will be a closed loop system where goods produced at much lower costs due to reduced labor costs will be purchased by a persons UBI to keep them just comfortable enough they don’t rock the boat. The UBI will be transferred to the recipient who transfers it back to the stakeholders providing the subscriptions and goods needed by the recipient over and over. Work according to your abilities, get paid according to your needs. Where have I heard that before? 
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Posted: 11/2/2022 5:01:02 PM EDT
[#29]
Quote HistoryQuoted: At some point, you break the whole game. Everyone quits playing and takes their ball home. Quote HistoryQuoted: Quoted: Schwarz Mittwoch! Buying opportunity (per GD). Remember the Fed Res is independent of any party and its members OWNs both of them. At some point, you break the whole game. Everyone quits playing and takes their ball home. 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. |
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Posted: 11/2/2022 5:03:22 PM EDT
[#30]
Quote HistoryQuoted: 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. Having brains and ability are two different things. There is nothing the Fed can do but let the system implode. Once the Fed started its policy of monetary heroin (OE/brrrrrrrrrr!) under Osama Ben Ber-Nank there was no straying from the course it has set upon. |
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Posted: 11/2/2022 5:04:43 PM EDT
[#31]
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? Quote HistoryQuoted: Quoted: It wasn't the rate hike...everyone knew that was coming. Powell spoke afterwards and said there is zero sign inflation is easing. More hikes coming. Supply side issues not resolved. Window for a soft landing narrowing. Best news we could have gotten a week out from the midterms. Biden's speech tonight can only further inflame the right when he calls us "the greatest threat to our democracy", again, driving even more conservatives to the polls. This was a gift. Powell said months ago they could not control inflation. Which then raises the question why did they choose to break the markets anyways? I bought the dip. |
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Posted: 11/2/2022 5:05:31 PM EDT
[#32]
Quote HistoryQuoted: 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: 11/2/2022 5:09:24 PM EDT
[#33]
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? More important to hurt people |
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Posted: 11/2/2022 5:18:27 PM EDT
[#34]
government gets to borrow spend and we get to pay the interest and get a higher interest rate to borrow money for our own personal uses!!! what if the borrower ( biden was personally responsible for the interest on that borrowed money!!!! such bullshit. glad the media points this out, not.. Jerome powell sounded nervous as hell announcing that .75 today. He knows we are in a recession.. shove it in and break it off huh fed
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Posted: 11/2/2022 5:41:11 PM EDT
[#35]
Quote HistoryQuoted: Look for a bigger bombshell later in the week to shock and awe A little late for an October surprise, but Señor Chang will allow it. |
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Posted: 11/2/2022 5:46:53 PM EDT
[#36]
Did people actually think they wouldn't?
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Posted: 11/2/2022 5:49:25 PM EDT
[#37]
Come on man…Build back better and all that shit.
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Posted: 11/2/2022 5:49:36 PM EDT
[#38]
Having a savings account is finally paying off
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Posted: 11/2/2022 5:51:48 PM EDT
[#39]
Quote HistoryQuoted: Everyone knew this was going to happen. Not really a surprise. Just a few words different in his speech and we would have had a rally. They could have taken it back later. But they didn't. |
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Posted: 11/2/2022 5:52:56 PM EDT
[#40]
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? Have a link to that? Could only find something from july with him saying he's going balls to the wall to control inflation. |
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Posted: 11/2/2022 6:25:56 PM EDT
[#41]
Quote HistoryThats not how it works, stupid meme. Your mortgage that you have is NOT going up. |
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Posted: 11/2/2022 6:26:46 PM EDT
[#42]
Quote HistoryQuoted: They raised rates another 75 points and the market tanked. Pissing into the wind. |
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Posted: 11/2/2022 6:28:59 PM EDT
[#43]
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. |
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Posted: 11/2/2022 6:35:21 PM EDT
[#44]
Quote HistoryQuoted: Look for a bigger bombshell later in the week to shock and awe THIS! goes like this... NK rockests SK, and launches ground attack. roosha starts rocketing the fuck out of everything in ukrane, china invades taiwan. then biden gets up to give some sort of update and has a stroke and collapse on live tv at kamala's swearing in she looses it and starts laffing and cant stop. multiple black swan events happen in two or three days. eventually pelosi gets to be president after they strait jackets kamala and she declares martial law. worse than dogs and cats living together. |
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Posted: 11/2/2022 6:35:37 PM EDT
[#45]
Quote HistoryQuoted: Thats not how it works, stupid meme. Your mortgage that you have is NOT going up. Aren't "adjustable-rate mortgage" payments going up? |
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Posted: 11/2/2022 6:47:17 PM EDT
[#46]
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. |
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Posted: 11/2/2022 6:52:44 PM EDT
[#47]
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? IMO, you get what you deserve if you didn’t lock-in a fixed rate mortgage when they were 1.99%. |
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Posted: 11/2/2022 6:56:13 PM EDT
[#48]
Quote HistoryQuoted: They raised rates another 75 points and the market tanked. Quote HistoryQuoted: They raised rates another 75 points and the market tanked. This has been a great time to sell and buy, sell and buy, never has there been such a clean crystal ball to predict the markets. Quoted: Quoted: 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? IMO, you get what you deserve if you didn’t lock-in a fixed rate mortgage when they were 1.99%. Unless the mortgage rate is super high, getting an adj-rate can be dumb as fuck. The biggest thing will be a drop in home prices. If you can reasonably afford a mortgage and don't go nuts like some people, you can just refi when the rates come down. If you overpay for a property, well good luck for a long long time if you need/want to sell. |
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Posted: 11/2/2022 6:58:27 PM EDT
[#49]
Quote HistoryQuoted: Work according to your abilities, get paid according to your needs. Where have I heard that before? Quote HistoryQuoted: Quoted: If we are lucky UBI will be a closed loop system where goods produced at much lower costs due to reduced labor costs will be purchased by a persons UBI to keep them just comfortable enough they don’t rock the boat. The UBI will be transferred to the recipient who transfers it back to the stakeholders providing the subscriptions and goods needed by the recipient over and over. Work according to your abilities, get paid according to your needs. Where have I heard that before? Work? All the work is done with AI and automation. To maintain the status quo system for the stakeholders they need to keep people just happy enough from turning the system upside down. So UBI steps in to provide those unable to function in the new society with just enough to keep them from setting fire to everything. Look for distraction economy to take off things like Meta where the mind can get sucked into a false reality. If you are a good little boy or girl and mind your ESG score you can get UBI and not live in a gutter. Thats at least what I see when I look at all the piece of the puzzle in front of us. |
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Posted: 11/2/2022 7:00:59 PM EDT
[#50]
Quote HistoryQuoted: Everyone knew this was going to happen. Not really a surprise. Yeah, nobody who is paying attention is remotely surprised by this. I'm not sure whether a recession or Zimbabwe is better in the mid-long term, but it's the right short-term call. |
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