F J Powell. That is all.

[-lowcountrydawg]

Nm

 

[deadduckdawg]

Nm

His incompetence misreading what was obvious to anybody buying groceries, followed by panic playing catchup, is going to get us a market crash compounded by a recession.

 

[-lowcountrydawg]

His incompetence misreading what was obvious to anybody buying groceries, followed by panic playing catchup, is going to get us a market crash compounded by a recession.

Already has. The pace of these rate increases have wiped trillions of wealth in folks’ 401 (k)s and to a larger extent home equity. Only reason you aren’t hearing more about the home value losses is no one is selling. For all the focus on Presidents, the Fed Chair has the power to do incredible damage in a short period of time. And he has.

 

[rawbdawg]

Already has. The pace of these rate increases have wiped trillions of wealth in folks’ 401 (k)s and to a larger extent home equity. Only reason you aren’t hearing more about the home value losses is no one is selling. For all the focus on Presidents, the Fed Chair has the power to do incredible damage in a short period of time. And he has.

Theres a price to pay for inflating economies with zero interest money.
Dont fight the Fed. On the way up …. Or down.

 

[nice marmot]

Theres a price to pay for inflating economies with zero interest money.
Dont fight the Fed. On the way up …. Or down.

^^^^ gets it ^^^^ still hate JP tho