/biz/ - Business & Finance

[Anonymous No.50741820]

Is the Fed really this incompetent or are they just pretending?

[Anonymous No.50741859]

>>50741820
Does it matter? What consequences would they suffer under either scenario?

[Anonymous No.50741930]

>“I am not concerned about inflation”
>fast forward 2 months
>“It is critical to bring inflation back down”
These are the people in charge of our monetary policy

[Anonymous No.50742026]

People here have Biden derangement syndrome so they won't admit it but for almost a year inflation was extremely cyclical and rising and falling for certain products based off of supply chain issues, every time people kept saying "this is it, this is the big one now" it never was and subsided shortly, so of course they thought that was going to continue to be the case.

[Anonymous No.50742087]

>>50741820
You expected them to have inside information on the invasion of Ukraine?

[Anonymous No.50742098]

>>50741930
It's a 14-month difference, but yes.

[Anonymous No.50742107]

>>50741930
>2 months
Read it again. It was more than a year later.

[Anonymous No.50742110]

>>50742026
Wrong. When they turned the printer on in march/april 2020 everyone here with an IQ above 80 was saying that the market was obviously going to price in the future inflation by pumping, so debtmaxxing and putting the money into any asset was the proper response. And lo and behold, the next 2 years saw everything from crypto to used cars rise in value. Turns out expanding the monetary supply by 40% in one year while supply remains constant has an effect on price. Supply chain issues was just a bonus and turned into their scapegoat so that they didnt have to take any responsibility. Meanwhile financial power brokers like JPMorgans CEO have no problems admitting that the situation we are currently in is largely a consequence of the feds covid stimulus and keeping interest rates at zero for far too long

[Anonymous No.50742133]

>>50742110
QE had nothing to do with it.

[Anonymous No.50742188]

>>50741820
>Is the Fed really this incompetent
The Fed is a privately owned bank, they are following instructions. Their job is to lie and obfuscate and distract from the obvious.

[Anonymous No.50742216]

>>50742133
you are a smoothbrain, but without people like you making money in the markets would be a lot harder so i am happy that you exist

[Anonymous No.50742231]

>>50742087
>You expected them to have inside information on the invasion of Ukraine?
please stop. inflation was already 8% by the time Ukraine was invaded.
>>50742133
>QE had nothing to do with it.
yeah go look at M2 money supply and then look at inflation with a 13 month lag.

[Anonymous No.50742263]

>>50742188
it used to be independent like that but then in 1913 the federal reserve act came into law and now they are a slave to congress

[Anonymous No.50742270]

>>50741820
>why is this privately owned for-profit bank wrecking the economy?
that's a good question, anon-kun. what could the reason possibly be?
>inb4 this thread gets deleted for being political and it should be on pol
>inb4 this same thread gets deleted from pol because it belongs on biz

[Anonymous No.50742349]

>>50742216
>>50742231
QE started in 2008. Inflation wasn't a problem until the supply shocks brought on by covid and the Ukraine invasion, in combination with fiscal stimulus. The monetary stimulus has not been inflationary.

[Anonymous No.50742421]

>>50742263
The Fed didn't exist before 1913. There is no distinction between the Fed and the commercial banking cartel. They are one and the same. Congress has zero control over the Fed in practice.

[Anonymous No.50742442]

>>50742349
QE has slowly been dripped into the economy since 2008, and stocks, housing and crypto have all pumped along with it. And when the fed went all-in with QE after the covid crash, everything else followed. More cash chasing the same amount of goods leads to higher inflation. This is basic shit

[Anonymous No.50742452]

>why won't the Fed say we have huge inflation???
Are you retarded do you actually not understand that admitting that inflation exists increases inflation massively

[Anonymous No.50742469]

Not their problem

[Anonymous No.50742471]

>>50742452
They admitted that it was a big problem more than a year ago, einstein

[Anonymous No.50742582]

>>50742442
Yes, QE causes asset inflation. It doesn't cause much in the way of consumer price inflation, though. The money just circulates among bankers and wealthy people and institutions. The covid fiscal stimulus, on the other hand, went directly into the hands of proles.

[Anonymous No.50744627]

>>50741820
Nobody is this retarded. They have to lie. A wrong word dumps the market

[Anonymous No.50744873]

>>50741820
The biggest Amerifat cope is that their government is intentionally destroying their country. They are too proud to admit they let greedy incompetent pants shitting boomer crypt keepers loom over them. And even if they could muster up the courage to admit the truth, they'd be too fat and lazy to do anything about it anyway. No, its actually more reassuring to explain it all as godlike lizard people that are completely all knowing and invincible. Nothing to be done.
Barely illiterate retards get the barely literate retard government they deserve.

[Anonymous No.50744909]

>>50744873
>Nothing to be done
Well they only have two parties there in US and both worship lizard people so yeah I don't see what can be done short of an armed uprising.

[Anonymous No.50745879]

>>50744873
this.

[Anonymous No.50745951]

>>50742133
this, financial stimulus did this

[Anonymous No.50746068]

>>50742087
>months and months of media reported images and footage of Russia moving troops and arms to the border of Ukraine
>FED of the largest military power on the planet
>with the largest spy agency on the planet
>"do you expect them to have inside knowledge?"
Yes cunt, that's exactly what everyone expects.