/biz/ - Business & Finance

>>49842993
"magic to fix things" would be 1800bps for a couple years, this would solve the problem at the cost of little red numbers in the economy (which the fed isn't supposed to care about anyway).
What they're doing right now is playing both sides and trying to help people that they were never set up to help save face. The fact the difference between life and death last week was 15 bps should tell you something.
That said, normalfags are pretty dumb and 15 bps may be enough to convince them to keep the economy afloat another six months.

>>49843129
Can't even get it above 3% without defaulting we're all fucked it's only a matter of time there are no more tools the gov or the fed can use to dig themselves out of the grave they built and that's a good thing

>>49842993
> absolute explosion
if cnbc "expert" says something like that its not gonna happen

People are going to forget about inflation when they lose their jobs, their pension funds blow up, their 401k’s and IRA’s are down 50% from peak, and the fed is no where in sight. Last 40 years people thought the fed had their backs, and that was enough to sustain the dip buying even when they didn’t intervene.
Now the fed is saying they will not intervene, they want asset prices to decline basically. If you got in the game in your 20’s and you’re in your 60’s now, this is the first time in your life the fed is not your friend. You have money to buy the dip, but you believe it’s different this time.
And so no one buys the dip, that’s why there was only was face ripping bear market rally (late march). All these old guys saying “I expect face ripping bear market rallies” and not getting any is because the fed has changed. The rallies came from belief in the fed put, when now we have the perceived fed call, if indexes and bonds rally it gives jpow reason to keep hiking.
The fucked part is that he is destroying people’s savings because he gave free money to those savvy enough to go long with leverage and sell at the top when he sold.

>>49843250
severe inflation has been happening for years I feel like this is just just slowly catching up.
>>49843197
"defaulting"
the US can and should nationalilze the federal reserve, abolish their "debt" and institute a scarcity backed currency.
>>49844142
it's insane to me that congress and the fed trade stocks.. conflict of interest.