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| 01:15 PM | ||
| Users Online Now: 2,253 (Who's On?) | Visitors Today: 1,159,427 | |
| Pageviews Today: 1,620,314 | Threads Today: 444 | Posts Today: 8,043 |
| 01:15 PM | ||
JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023 | |
| Anonymous Coward User ID: 80891382  Azerbaijan02/21/2022 01:34 AM Report Abusive Post Report Copyright Violation | JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023 Quoting: Cornfox 25 basis points per meeting until March next year. Will this prevent my beans from going up in price 10 cents every 3 weeks? [link to www.barrons.com (secure)] :kidneybeans: Nope, beans will still go up. The fallacy that rate increases can clamp rampant inflation is garbage. Inflation ^ Biden to raise taxes^ Interest rates^ Consumers will be on GOV life support and the spiral continues at a faster rate until collapse. yep, no where to go. high prices, high inflation, lowest interest rates ever. yikes. This is why they are pushing universal basic income. It is intended to among other things replace welfare, social security and government pensions when the system collapses. They would have been better off printing the money needed to run government plus a small increase for inflation rather than borrow from banks that print out of thin air in exchange for interest payments that now are consuming the system. Bankers get money for nothing and chicks for free. Clinton dumped all the money in the SS trust fund into the general account and replaced the stolen money with irredeemable special bonds that basically have zero value. Nice guy s/ |
| Anonymous Coward User ID: 78555471  Serbia02/21/2022 02:01 AM Report Abusive Post Report Copyright Violation | JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023 Quoting: Cornfox 25 basis points per meeting until March next year. Will this prevent my beans from going up in price 10 cents every 3 weeks? [link to www.barrons.com (secure)] :kidneybeans: Nope, beans will still go up. The fallacy that rate increases can clamp rampant inflation is garbage. Inflation ^ Biden to raise taxes^ Interest rates^ Consumers will be on GOV life support and the spiral continues at a faster rate until collapse. yep, no where to go. high prices, high inflation, lowest interest rates ever. yikes. This is why they are pushing universal basic income. It is intended to among other things replace welfare, social security and government pensions when the system collapses. They would have been better off printing the money needed to run government plus a small increase for inflation rather than borrow from banks that print out of thin air in exchange for interest payments that now are consuming the system. Bankers get money for nothing and chicks for free. Clinton dumped all the money in the SS trust fund into the general account and replaced the stolen money with irredeemable special bonds that basically have zero value. Nice guy s/ usa is one big reality show, coming to an end. The hype, the bullshit, and the funny money do have limited shelf lives |
| Anonymous Coward User ID: 76123437  United Kingdom02/21/2022 02:10 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 68106751  Canada02/21/2022 02:30 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 79369464  United States02/21/2022 03:14 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76123437 United Kingdom02/21/2022 03:17 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76123437 United Kingdom02/21/2022 03:18 AM Report Abusive Post Report Copyright Violation | |
