Everyone is talking about the Fed cutting rates on Wednesday

[HisArpy]

Apparently it's all about staving off the signs of a slowing economy and many are all for it because it means that credit will be more available and that will create jobs.

I think that it's going to rekindle hyperinflation. Especially in the housing market. Loosen credit and home prices are going to go up because there's more money available.

Ditto for the cost of everything else.

I would take a slowing economy if that's what's necessary to stabilize it for the long term.

 

[ll74]

dear leader demands it.

 

[Saint_Ann]

Maybe I should borrow some money.

 

[MajorRewrite]

Yes, it’s an interesting conundrum for the Fed. Their mandate is to act when job creation is poor (or negative) so a cut now is pretty much a given.

But they also have a mandate to curb inflation, which is already going in the wrong direction so throwing fuel on that fire isn’t the best idea.

It’s a “damned if they do and damned if they don’t” situation.

Only one thing is certain: Trump will continue to call Powell a moron, regardless of the outcome.

 

[DeluxAuto]

Apparently it's all about staving off the signs of a slowing economy and many are all for it because it means that credit will be more available and that will create jobs.

I think that it's going to rekindle hyperinflation. Especially in the housing market. Loosen credit and home prices are going to go up because there's more money available.

Ditto for the cost of everything else.

I would take a slowing economy if that's what's necessary to stabilize it for the long term.

Yes, MAGATs are fucking shit up again. Thanks for the update, Captain Deprious.

 

[SkyBubble]

Abolish the Fed.

 

[RobDownSouth]

Apparently it's all about staving off the signs of a slowing economy and many are all for it because it means that credit will be more available and that will create jobs.

I think that it's going to rekindle hyperinflation. Especially in the housing market. Loosen credit and home prices are going to go up because there's more money available.

Ditto for the cost of everything else.

I would take a slowing economy if that's what's necessary to stabilize it for the long term.

You know, if you hadn't veered into hyperbole with the word "hyperinflation" (which has NEVER occurred ONCE in the United States), you might have seen the ultimate rarity:

Me actually agreeing with you.

Tell you what, I'll give you a mulligan: edit "hyperinflation" to plain old inflation and ole Robby will give you the validation you desperately crave.

Sound good?

 

[Rotadom]

You know, if you hadn't veered into hyperbole with the word "hyperinflation" (which has NEVER occurred ONCE in the United States), you might have seen the ultimate rarity:

Me actually agreeing with you.

Tell you what, I'll give you a mulligan: edit "hyperinflation" to plain old inflation and ole Robby will give you the validation you desperately crave.

Sound good?

He doesn't seem like the kind of stand-up guy who would do such a thing.

 

[Lance_Castro]

Sounds like Rob’s looking for a Homecoming date.