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i love economists and politicians they make our lives good
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Jun 14, 2022 20:43
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Bad Purchase posted:who’s ready for a 0.75% rate hike??? they really should just do a full point and get it over with imho
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Jun 14, 2022 20:47
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Chinatown posted:they really should just do a full point and get it over with imho a full 1% and another 1% next year imo. cheap money hasn't stimulated the economy, capitalists aren't building factories or employing new workers or sharing profits by giving raises. they're pocketing the money by cashing out to shareholders. cheap credit is also sending property prices sky high by allowing banks to lend extraordinarily large sums to people based on the compounding interest equation. raising interest rates is going to hurt the middle class the most but it needs to be done at some point, as the glut of free money is destroying The Economy my worry is that it's too late, and capitalists will need to be directly confronted, or they will simply respond by curtailing business and slashing employment instead of risk their own personal profits
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Jun 14, 2022 20:54
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I hate bidden, but man I wish trump was the one taking the blame for this. Bernie should have grown some balls and ran as an independent, thus sabotaging sleepy Joe's bid. Of course the hilarity of trump winning again and a second great recession occurring would ultimately lead to me loling to death.
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Jun 14, 2022 20:54
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The real economy died in 9/11. This one is an impostor.
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Jun 14, 2022 20:57
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Trump would be screaming at the fed to set negative rates by now.
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Jun 14, 2022 21:04
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hot cocoa on the couch posted:a full 1% and another 1% next year imo. cheap money hasn't stimulated the economy, capitalists aren't building factories or employing new workers or sharing profits by giving raises. they're pocketing the money by cashing out to shareholders. cheap credit is also sending property prices sky high by allowing banks to lend extraordinarily large sums to people based on the compounding interest equation. raising interest rates is going to hurt the middle class the most but it needs to be done at some point, as the glut of free money is destroying The Economy vote 
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Jun 14, 2022 21:04
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Chinatown posted:vote 
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Jun 14, 2022 21:36
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Inept posted:i love economists and politicians they make our lives good especially for south american countries in the 60s and 70s!
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Jun 14, 2022 21:40
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kntfkr posted:The real economy died in 9/11. This one is an impostor. I always thought it was weird they found the economy's passport in the rubble. I mean, c'mon.
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Jun 14, 2022 21:44
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They're rising interest rates! Time to cash in your crypto and put it in a Certificate of Deposit from your local Credit Union.
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Jun 14, 2022 21:45
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Outer Credit Unions, North Carolina
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Jun 14, 2022 22:50
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Beard Dandruff posted:I hate bidden, but man I wish trump was the one taking the blame for this. Bernie should have grown some balls and ran as an independent, thus sabotaging sleepy Joe's bid. Of course the hilarity of trump winning again and a second great recession occurring would ultimately lead to me loling to death. If Bernie had gotten the nomination the shenanigans to stop him from being elected would have been a sight to see. Bloomberg running as an independent, possibly also the starbucks guy, lots of "centrists" deciding trump is preferable... the anti-Bernie ad buys would have been like during the Georgia senate races where every second of tv time was bought and they started buying ad time in neighboring states just in case, except on a nationwide scale.
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Jun 14, 2022 22:59
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Hyrax Attack! posted:If Bernie had gotten the nomination the shenanigans to stop him from being elected would have been a sight to see. Bloomberg running as an independent, possibly also the starbucks guy, lots of "centrists" deciding trump is preferable... the anti-Bernie ad buys would have been like during the Georgia senate races where every second of tv time was bought and they started buying ad time in neighboring states just in case, except on a nationwide scale. The CIA literally would have killed him op.
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Jun 14, 2022 23:06
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i think if bernie had somehow won, there wouldn’t be mass panic by the cia or robber barons. anytime it looked like he was going to make some headway on anything remotely important, another dem senator would pull off their mask just like manchin and sinema. the best bernie would be able to do from the whitehouse is some executive action on stuff like student debt and immigration, which would immediately get challenged and overturned by the supreme court. edit: vvv that was pretty much my point. not that he wouldn't have done what he could, but that without an actual party that supports pro-labor policies backing him up (which the US doesn't have), there's not a lot he could do that wouldn't be immediately undone. i still voted for him in the primaries of course, just wasn't under much illusion it would matter. Bad Purchase fucked around with this message at 23:20 on Jun 14, 2022 |
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Jun 14, 2022 23:11
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Way too much hyperventilating about what-ifs with Bernie. He would have gone down as a "big speeches, no results" president at-best. Progress is held back by the most opportunistic and stubborn senator in the room, seemingly by design. Warren would have been similar. I'm not sure what people think the president is capable of doing single-handedly to shape US policy.
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Jun 14, 2022 23:15
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Jun 14, 2022 23:17
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HD DAD posted:This was made as satire, right? 
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Jun 14, 2022 23:18
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I'm sure the articles about the People Of Means having to sell their spare yacht are being furiously constructed as we speak so that we know they're feeling pain too
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Jun 14, 2022 23:32
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Hyrax Attack! posted:If Bernie had gotten the nomination the shenanigans to stop him from being elected would have been a sight to see. Bloomberg running as an independent, possibly also the starbucks guy, lots of "centrists" deciding trump is preferable... the anti-Bernie ad buys would have been like during the Georgia senate races where every second of tv time was bought and they started buying ad time in neighboring states just in case, except on a nationwide scale. Jan 6 would've worked and the Dems wouldn't have done poo poo about it lol
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Jun 15, 2022 00:40
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Look guys the economists and fed chairs are saying that this inflation is transitory and will eventually work itself out, don't worry about these consistently higher prices over the past year! Clearly they're not so out of touch with how the world works! Ok, so now they're saying that maybe inflation is here to stay but they'll fight it and also it's good for workers, inflation will force employers to raise salaries and especially due to the worker shortage clearly wages are higher than ever now, that's what their theory books say! They don't need to have looked at the actual situation in the ground for 90% of the population who are only seeing their stagnant pay buying less, economic theory is always correct and they've got plenty of examples of people with high in-demand skillsets making more money than ever! Ok so now they're saying they might have misjudged things and not taken the past year seriously enough, but don't worry, they've got a plan to fix it with more economic theory! Just listen to the people who clearly know more than us!
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Jun 15, 2022 01:51
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maybe we should have built back bettert
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Jun 15, 2022 02:14
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I’m going to use my $200k in equity to buy a solid gold toilet.
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Jun 15, 2022 02:19
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i'm going to mint an NFT of a toilet
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Jun 15, 2022 02:21
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Bad Purchase posted:i'm going to mint an NFT of a toilet That’s no hedge against inflation. Precious metals, brotha.
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Jun 15, 2022 02:23
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Bad Purchase posted:i'm going to mint an NFT of a toilet i make NFTs on the toilet 
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Jun 15, 2022 03:01
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Chinatown posted:i make NFTs on the toilet Should really invest in a poop knife if they are that unflushable.
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Jun 15, 2022 03:03
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I've been laughing since the lockdown Running out of air
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Jun 15, 2022 03:57
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BUG JUG posted:Cool zone incoming.
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Jun 15, 2022 04:06
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It absolutely loving owns that Covid allowed the working class to finally get a leg up and demand higher wages and the corporate response was to throw a tantrum and raise prices through the roof and then, AND THEN, the Fed response-during a Dem administration and midterm election year, mind you- was to stagnate wages to “slow inflation”. Lmao this country loving sucks and no one wants to help you. You are on your own. Nothing will change until we literally start executing capitalists in the street. LOL!
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Jun 15, 2022 04:29
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Chinatown posted:i make NFTs on the toilet All of my turds are nonfungible
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Jun 15, 2022 04:39
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Bogus Adventure posted:All of my turds are nonflushable
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Jun 15, 2022 04:40
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lmao
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Jun 15, 2022 04:43
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https://www.youtube.com/watch?v=TkVt-hTU6E4 America's not a country. It's just a business. Now loving pay me. ~ Tyler Durden
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Jun 15, 2022 04:56
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Jesustheastronaut! posted:What dip are you guys keeping an eye out for that you plan to invest in? I don't know a whole heck of a lot about this stuff but Copenhagen long cut seems to be pretty popular around where I live, but at the same time Skoal is a lot cheaper here and has a wintergreen flavor which might help me ease into this whole dip thing. i was thinkin more of a guacamole
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Jun 15, 2022 05:53
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let's loving gooooooooo
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Jun 15, 2022 20:19
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| # ? May 11, 2024 17:37 |
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https://www.youtube.com/watch?v=rOUoO6YIxXg if you're looking to get into dipping, this is the most popular channel on youtube
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Jun 15, 2022 21:24
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