it means you are dumb AND stupid
how many league of nation meetings did America attend?
I predict that the S&P 500 will be well under 5,000 by September 30th
- Thread starter Walt
- Start date
how many league of nation meetings did America attend?
Based Chad
Was it me?
a Google?
no.
how many league of nation meetings did we attend?
a google is not the correct reply
Based Chad
Was it me?
Look @ U.
Based Chad
Was it me?
QE got us into this mess.
Based Chad
Was it me?
Pandemic stimulus got us into this mess, but it is better than the alternative. trump is getting us into a worse mess.
There was years of QT before the inflation, so you cannot blame the QE for the inflation.
trump wants a 1% prime rate, which would allow backdoor QE, and shoot up inflation.
Based Chad
Was it me?
of course we can blame qe for inflation.
inflation and cheap money is a cheap trick all politicians use.
it just makes everyone happy, future be damned.
The QE happened about ten years before the inflation. The opposite of QE, QT, was happening when the inflation happened.
That is the reason the Fed is kept separate from politics, or at least it was before trump.
QE is for fighting deflation, once you have hit zero interest rates. QT is for unwinding the QE positions, and fighting inflation. Higher interest rates is the main way to fight inflation. Unlike lower interest rates, there is no solid upper ceiling that you cannot go above.
Based Chad
Was it me?
yeah.
I saw you typed deflation not inflation.
the only people who fear deflation are shysters.
people who work like their money being more valuable.
Yes, lower interest rates, and then when they hit zero QE, is to fight deflation. And, higher interest rates, and if you have done QE in the past, reversing it with QT, is to fight inflation.
We had deflation, and the danger of deflation in 2008, so fought it with lower interest rates, and then QE. We began unwinding the QE with QT, and raising interest rates. The pandemic hit America hard, but not as hard as the rest of the world, and that caused inflation, more than a decade later. The inflation is close to 2%, but not quite there. The last 1 or 2% is sometimes very hard.
Anyway, trump is pushing up inflation with tariffs. Now he is demanding that interest rates be dropped to 1%. This will all cause massive inflation, in about a year.
Deflation kills banks, businesses, entrepreneurs, and even empires. It is very bad stuff.
Deflation gives workers a raise for doing nothing. The problem is that causes businesses to have to layoff workers.
Based Chad
Was it me?
yes. shysters. like I said.
Based Chad
Was it me?
I just got real-id'ed.
NOw I have to amputate my thumbs.
yes. I am the smartest man.
NOw I have to amputate my thumbs.
yes. I am the smartest man.
Based Chad
Was it me?
Dumbest shit ever.
like deciding to type bigger numbers into a screen is hard banker work.
Deflation would be typing smaller numbers into a screen... And having smaller amounts of money to pay back loans for larger amounts of money.
Based Chad
Was it me?
all the gigs are up, bad people of earth.
Rectification is en route.
Rectification is en route.
I was shocked my IRA and 401k didn't tank today, with trump's idiotic tariff announcement!