/biz/ - Business & Finance

[Anonymous No.51731597]

How long did it take for volker to stop the 70s inflation rate and can Jay P fill in his booths ?

[Anonymous No.51731608]

>>51731597
your webm has nothing to do with your question

[Anonymous No.51731611]

>>51731597
an entire decade. volker flip flopped thinking the inflation peak was in and misjudged it three times. inflation just came right back upon the flipflop. look at the stock market over the 70s-80s. horrendous, unless youre a swing trader. if JP wants to fill these shoes he needs to raise above headline inflation immediately and bite the bullet, otherwise enjoy a decade of 0% returns

[Anonymous No.51731641]

>>51731608
Believe it or not but that girl is the product of never ending money printing.

[Anonymous No.51731666]

>>51731611
>volker flip flopped thinking the inflation peak was in and misjudged it three times.
Last meeting, they mentioned It will be two more hikes. Around.5 and .75. Then another 25bps next november , this is clearly not enough right ?

[Anonymous No.51731667]

literally look at this. 2% returns over 10 years for flip flopping. and people praise V

[Anonymous No.51731668]

>>51731641
Based reply. God I just want to live in a world of baseline fairness. Funny that that ended up being such a lofty ideal
>I want a world where the dregs aren't artificially lifted to the status of nobility at the direct expense of me being artificially held way beneath my potential, while being told they have it too hard and I have it too easy

[Anonymous No.51731681]

>>51731666
no. look at history. if the fed rates dont rise to meet inflation then it doesnt work. rates will reach 8%. this is non-negotiable, and searching for a pivot before then is a fools strategy

[Anonymous No.51731742]

>>51731611
>>51731667
and the big hike for which he is infamous caused a two year recession and raised national unemployment to 10%. followed by money printing in '82 and giga printing in '86 with the plaza accord that weakened the dollar and bubbled japan, japan has never recovered from that scamwick. he was a monke

[Anonymous No.51731758]

>>51731611
>>51731681
lmfao if you think the fed actually believes they can "fight inflation"
this is one of three things:
1) a politically expedient psyop to scare people with a potential depression until they beg for the money printer and come to terms with higher inflation targets
2) an intentional global market nuke to initiate "the great reset"
3) a retarded, desperate YOLO play to slow inflation by jawboning the markets into submission and kicking the can a couple years down the road (this will fail spectacularly and will result in one of the first two options anyways)

[Anonymous No.51731771]

>>51731742
nobody could hope to fill the role of reserve bank chair perfectly, but 70-80 looking back is an embarrassing performance and absolutely could've been done better.

[Anonymous No.51731784]

>>51731758
this is right. monetary policy is seldom proved to impact markets whatsoever. the people who constantly blame the reserve banks for economic crisis are mongoloids with no background in economics. fiscal policy really is the only thing that matters.

[Anonymous No.51732140]

>>51731597
lmao imagine boasting about making $28/hr during the 4.5 hr rush peak earning time. This dumb bitch works less than 25 hrs a week to keep up the hourly rate, or she's doing 40-50 and the hourly is significantly lower

[Anonymous No.51732161]

>>51731611
>horrendous, unless youre a swing trader.

I specialize in this.

[Anonymous No.51732162]

>>51731597
OF?

[Anonymous No.51732193]

>>51732140
I made the same in 5 hours delivering pizza 10 years ago.

[Anonymous No.51732321]

She must work at a family restaurant. When I used to be a bar dish bitch our wait staff would clear 400-500 a night + whatever they made fucking customers.

[Anonymous No.51732357]

>>51731597
She's so cute. :(

[Anonymous No.51732392]

>>51731608
Bliggity