[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 891 KB, 1305x1236, 1614641583550.jpg [View same] [iqdb] [saucenao] [google]
30123139 No.30123139 [Reply] [Original]

If I was Jerome Powell, I would just raise the 10 year to 15%, and say, "Fuck it, we are starting over." This would solve so many problems. Homes would be affordable. Wages would have value again. All the speculative bullshit in the market would pop. Do you have a better idea Anon?

>> No.30123827

But what does Powell's portfolio look like? People are rather selfish, and he wouldn't nose dive his and every other boomer investment just so the next generation can have a chance of living in comfort.

>> No.30124320

He would get suicided or removed. It would be widely unpopular. Remember: good economic policy is bad politics. People want cheaper, faster, better than yesterday. They don’t care about reality. The problem will never be solved and will only get worse until the breaking point

>> No.30124411

There will be a bloodbath never before seen unlike anything that has ever been observed on this Earth.

>> No.30124572

>>30124411
This would be great for reducing the housing market bubble.

>> No.30124720

>>30124572
It definitely stimulates my murder-boner. We need a day of reckoning for NPCs.

>> No.30125141
File: 122 KB, 1024x1024, 1614573784905.jpg [View same] [iqdb] [saucenao] [google]
30125141

>>30123139
>homes would be affordable with 15% interest on the 10

>> No.30125266

>>30125141
lol what sad individual made this

>> No.30125427

>>30123139
>Raise rates sky high
>Housing / Stonks crash
>Boomers now hold on to jobs longer since nest egg and 401k are badly down
>Terrible job market for anyone under age of 30
>US now has to pay 10-15% on debt so can't do endless QE to support govt spending on endless welfare and warfare
I like the last part but you know J Pow wouldn't be allowed to go against the govt elites with this

>> No.30125588

>>30123139
he will be minecrafted right away and the move will be reversed immediately, liquidating every small goys portfolio and giving big boys a superb entry. good job OP give them more ideas