(Thread IKs:
skooma512)
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has anyone considered multiplying rates by -1.2 every month until all the problems are solved? everybody’s happier and happier every other month.
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Mar 14, 2023 14:26
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| # ? May 24, 2024 15:05 |
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Cup Runneth Over posted:I would like to congratulate everyone who grifted billions of dollars off the metaverse while doing the bare minimum of work it's one of those jobs that's probably insanely stressful 1 day of the month right before your meeting with Zuck when you start to get the imposter syndrome and think "oh gently caress what am I doing here there's no way he's gonna be happy I spent all this money and all we have to show for it is that you can play ping pong in VR now" and then he shows up and no it turns out that's exactly what he wanted
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Mar 14, 2023 14:27
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fits my needs posted:zuck owns, first his funny rear end photos when thinking about running for president. now wasting billions on metaverse stuff to make some wii avatar looking garbage. at least during the last wave of VR (that bombed like every other previous one) i knew some guys who expressed a passing interest, but i never saw anyone who remotely even gave a gently caress about metaverse
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Mar 14, 2023 14:27
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Mr Hootington posted:We lucked into a mild winter Uh huh
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Mar 14, 2023 14:31
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https://twitter.com/zerohedge/status/1635632849855315968
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Mar 14, 2023 14:31
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Palladium posted:at least during the last wave of VR (that bombed like every other previous one) i knew some guys who expressed a passing interest, but i never saw anyone who remotely even gave a gently caress about metaverse well you know things were bad when facebook leadership told management to force their employees to use the metaverse. cuz no one was using it.
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Mar 14, 2023 14:31
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credit sus
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Mar 14, 2023 14:32
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Credit Sus blowing up again. That's like once every six months, right?
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Mar 14, 2023 14:35
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I was expecting the metaverse to look a lot more polished than the PR releases were showing. It seems like we're a long way from any of the tech being comfortable to wear and use for long periods of time.
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Mar 14, 2023 14:35
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Cup Runneth Over posted:Uh huh Europe has had a very warm winter which helped keep natural gas prices down globally.
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Mar 14, 2023 14:38
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i like energy prices going down but electric bills go up its all very good
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Mar 14, 2023 14:39
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Palladium posted:at least during the last wave of VR (that bombed like every other previous one) i knew some guys who expressed a passing interest, but i never saw anyone who remotely even gave a gently caress about metaverse Facebook buying oculus immediately dried up all the emergent interest in the platform Meta was over before it started, there is so little overlap between people who want VR and people who trust facebook, it was just never going to work. This was just the wrong company using the wrong business model for somebody else's good idea Mirthless has issued a correction as of 14:42 on Mar 14, 2023 |
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Mar 14, 2023 14:39
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Mr Hootington posted:Europe has had a very warm winter which helped keep natural gas prices down globally. Pure luck of the draw im sure
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Mar 14, 2023 14:43
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Mr Hootington posted:Europe has had a very warm winter which helped keep natural gas prices down globally. meanwhile I'm paying a hundred bucks more a month for natural gas since January
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Mar 14, 2023 14:43
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One silver lining of the current mess and the tech bust in particular is that my company's grand plans for a metaverse presence have been memoryholed.
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Mar 14, 2023 14:44
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he raised rates fast enough that he blew up the banks long term holdings but slow enough that shelter is uneffected. maybe there's something else we could do?
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Mar 14, 2023 14:44
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Woke Mind Virus posted:he raised rates fast enough that he blew up the banks long term holdings but slow enough that shelter is uneffected. maybe there's something else we could do? yeah: war with china
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Mar 14, 2023 14:44
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lol https://twitter.com/felixsalmon/status/1635623195284758533
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Mar 14, 2023 14:44
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Mr Hootington posted:We lucked into a mild winter that drove down energy prices. lol
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Mar 14, 2023 14:46
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Pittsburgh Fentanyl Cloud posted:meanwhile I'm paying a hundred bucks more a month for natural gas since January That is inflation that has already occurred. 
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Mar 14, 2023 14:50
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Mr Hootington posted:Shelter being 70% of the increase is why the fed will continue to raise rates. It does lag, but the signs of it "disinflating" are too slow for what the fed wants and needs. If a rate pause or hike happens you will see shelter resurge. My phone has already hit me with three separate articles this morning that can barely contain their excitement about the collapse of SVB inevitably leading to lower mortgage rates. Absolutely everyone is pricing in the insane idea that not only will the fed halt hikes, but that they're also going to start cutting rates soon.
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Mar 14, 2023 14:50
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If I'm understanding the macroeconomics from the last couple of pages (lol because I'm fairly apathetic about economics): inflation is for little people, but extremely rich parasites are continuing to do just fine in our economy where it's becoming increasingly harder to rent or buy a house. I mean...that's just the story of capitalism itself, really.
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Mar 14, 2023 14:53
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F_Shit_Fitzgerald posted:If I'm understanding the macroeconomics from the last couple of pages (lol because I'm fairly apathetic about economics): inflation is for little people, but extremely rich parasites are continuing to do just fine in our economy where it's becoming increasingly harder to rent or buy a house. Yes. The top 40% is who is driving inflation too.
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Mar 14, 2023 14:56
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i wonder if things will collapse into a barter economy for working class people
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Mar 14, 2023 14:59
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It is time to cut down the palos altos
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Mar 14, 2023 14:59
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Jel Shaker posted:i wonder if things will collapse into a barter economy for working class people it already has, Facebook marketplace and Zelle were developed to empower the poor as well as fleece them easily and with little recourse for dispute.
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Mar 14, 2023 15:00
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did anyone buy the dip? https://twitter.com/byheatherlong/status/1635639661031768067
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Mar 14, 2023 15:01
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Paradoxish posted:My phone has already hit me with three separate articles this morning that can barely contain their excitement about the collapse of SVB inevitably leading to lower mortgage rates. Absolutely everyone is pricing in the insane idea that not only will the fed halt hikes, but that they're also going to start cutting rates soon. Last I looked the markets are pricing in a pause. Should be good poo poo next week. Stocka will probably keep surging. I can't think of any other numbers between now and then that the market would get worried about
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Mar 14, 2023 15:02
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lmao well he was right about one bank
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Mar 14, 2023 15:03
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Mr Hootington posted:Last I looked the markets are pricing in a pause. Should be good poo poo next week. Stocka will probably keep surging. I can't think of any other numbers between now and then that the market would get worried about PPI is tomorrow but the market already shrugged off higher CPI this morning so it's very unlikely it'll care about that number.
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Mar 14, 2023 15:08
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SKULL.GIF posted:PPI is tomorrow but the market already shrugged off higher CPI this morning so it's very unlikely it'll care about that number. Yeah that was my thought too. Unless PPI comes in way hot the markets have turned on dog brained bull mode. Edit: once again correct take https://twitter.com/0ddette/status/1635642399564222471?t=pF_9jiXaYufYy7mD361wHQ&s=19 https://twitter.com/0ddette/status/1635644223385903105?t=ONscd64aTOkJYS5fRiDvdQ&s=19
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Mar 14, 2023 15:10
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Is one of these numbers bothering you? If so, just pick another one! easy peasy. CPI CORE CORE + CORE LESS THAN SHELTER SUPERCORE
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Mar 14, 2023 15:15
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HYPERCORE U-U-U-ULTRACORE
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Mar 14, 2023 15:17
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lmao
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Mar 14, 2023 15:17
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Lol bitcoing
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Mar 14, 2023 15:20
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Mr Hootington posted:Economist round up https://twitter.com/JustinWolfers/status/1635636620408881154?s=20 God I love this guy.
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Mar 14, 2023 15:20
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Good news, wage inflation is slowing down! Thank u Krugman I notice he didn't comment on rents going up despite his blathering about some lagging indicator showing them going down a couple of months ago.
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Mar 14, 2023 15:21
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they are literally doing the Chernobyl not great not terrible
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Mar 14, 2023 15:21
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| # ? May 24, 2024 15:05 |
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lol, people can’t afford anything other than the necessities is what I’m seeing here
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Mar 14, 2023 15:21
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