/biz/ - Business & Finance

[Anonymous No.54000126]

Now that the global financial crisis of 2023 is in full swing and banks are starting to go insolvent, how long before he's forced to cut rates back down to 0 and start printing money again? Could it happen at the next FOMC meeting in 2 weeks?

[Anonymous No.54000202]

>>54000126
This is literally the end of the modern economy as we know it. No going back.

[Anonymous No.54000219]

>>54000126
I estimate 2024/2025, under tremendous pressure.

[Anonymous No.54000232]

He said he doesn't give a fuck and will raise rates higher for longer yesterday friend

[Anonymous No.54000233]

>>54000126
fucking kys retard. spy drops 1.5% and you call this a global financial crisis. idiots everyone zoomer piece of shit.

[Anonymous No.54000263]

>>54000126
not until entire countries' currencies are collapsing

[Anonymous No.54000273]

>>54000233
Yeah SVB dropping 61% is a nothing burger kek

[Anonymous No.54000286]

>>54000233
debt crisis S O O N
and the banksters will just shrug and say oopsie when they bail-in your savings

[Anonymous No.54000331]

>>54000219
A major commercial bank is going insolvent right now as we speak. We're likely going to see a Bear Stearns size event at some point in the next 2 weeks. He doesn't have until 2024.

[Anonymous No.54000332]

>>54000273
literal nothing.

[Anonymous No.54000367]

If Powell does a 0.5 hike next week then he's gone full Volcker and we'll be stuck at 5-6 percent interest rates for the next few years considering his 2% goal.

The headlinese will continue to say "GDP and Job Hiring Strong" so people will continue to spend like the economy is fine.

[Anonymous No.54000375]

>>54000331
It's possible, but it just stands to reason that they'd sweep the problem under the rug for a few months with some alternative funding source.

[Anonymous No.54000387]

>>54000331
lmfoa nothing burger

[Anonymous No.54000417]

>>54000126
The unemployment rate will be around 10% when rate cuts come. You're an idiot if you buy in before then for the long term.

[Anonymous No.54000425]

>>54000273
You and the rest of the ITS HAPPENING zoomers have never heard of them before today

[Anonymous No.54000431]

>>54000425
100% this

[Anonymous No.54000462]

>>54000273
who?

[Anonymous No.54000505]

That's Jerome Powell, current Chair of the Fed Reserve. Say something nice about him!

[Anonymous No.54000537]

>>54000425
>>54000431
dude the banks will fold any minute now, if you have money in banks it'll be gone

[Anonymous No.54000568]

>>54000537
you're actually an idiot. crazy.

[Anonymous No.54000603]

>>54000568
you won't be laughing when the bank run starts tomorrow. Glad I have all my money in gold right here in my back yard. Enjoy the global collapse, I'll be in my bunker while you'll get raped and killed over a bottle of water

[Anonymous No.54000655]

>>54000603
cringe
fucking cringe

[Anonymous No.54000662]

>>54000425
This.

[Anonymous No.54000690]

>>54000126
>banks are starting to go insolvent
they have been insolvent for the longest time

[Anonymous No.54000725]

>>54000690
lol this. they are government entities now.
so basically bobos saying US government is going insolvent. they just don't understand.

[Anonymous No.54000811]

>>54000725
>US government is going insolvent.
it's already insolvent

[Anonymous No.54001203]

>>54000126
Prints 4 out of every five dollars in existence because the cold and flu bro.
Sends his portfolio to ATH and his buddies all exit the market at the top.
Now they claim they need to raise interest rates because of the inflation caused by their printing, which the media claim is a result of Russia, or covid, they haven't made up their mind yet.

Then increase rates causes a constriction of the money supply, which in turn raises unemployment while also rising mortgage repayments, millions of families are faced with redundancy and poverty. He and his buddies with the money they just stole from you buy up all the property that you are forced to sell because they can no longer afford to repay their mortgages.
Then they rent the properties back to you with the money they can print out of thin air.

Cycle repeats its self and the politicians pretend to care and claim are doing something when they themselves are laughing all the way to the bank.
Is there really any doubt at this point that violence is the only solution.
Is this what you serve and protect faggot, legal theft and forcing your own people into destitution, I guess the increase in crime and poverty will give you a good time in the years to come.

[Anonymous No.54001289]

>>54000126
two more weeks

[Anonymous No.54001374]

>>54000367
I can't wait to buy bonds at 10% like my boomer forefathers

[Anonymous No.54001541]

>>54001203
Based

[Anonymous No.54001687]

>>54001203
People think they are paying for roads when they pay taxes they don't understand that the government is a giant mafia.
Every government eventually gets hijacked, even one in a country where the constitution EXPLICITLY warned about literally every pitfall and trap that would lead to tyranny coming back again. Pisses me off to think about families paying 20-30% in income taxes, sales taxes, capital gains, property taxes... only to have this socialist fucking government give it all to big business and congress day trading the non-public information

[Anonymous No.54001740]

>>54000331
>in the next 2 weeks

[Anonymous No.54001845]

>>54000126
You do realize he's causing a recession because it's better than the alternative right? He's part of the the generation that still remembers how dogshit the 70's were and jacking up the interest rates now is the only way to get out of the toxic monetary situation the world economy is in. If a few debt bubbles have to be burst along the way, that will just be cost of avoiding chronic inflation.

[Anonymous No.54001882]

>>54000126
Right before the stock market crashes

[Anonymous No.54001916]

>>54001845
this is certainly a comforting delusion and plays conveniently to the excuse that they don't know what they're doing and it's not their fault what happens as a consequence of their actions

[Anonymous No.54001942]

>>54000126
He won't. Zero chance he's going to suffer the humiliation of claiming that disinflation is occurring and then having CPI rise immediately afterward again.

[Anonymous No.54001978]

>>54000603
Yeah, my mom is getting up early to empty her savings account. I've started digging a hole in the back yard.

[Anonymous No.54002010]

>>54001845
He's causing the recession because a couple of years ago he decided to print money like a retard, without thinking of the consequences

[Anonymous No.54002017]

>>54001942
well, he'll get to suffer that humiliation on top of being blamed later for overtightening

[Anonymous No.54002025]

>>54000126
Cut rates, lol. The chance of actually going back to doing a .50 hike is now at 65%

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

[Anonymous No.54002034]

>>54002010
he printed money because every boomernigger with a small business was crying for PPP gibs and nigger cattle were bitching and crying about mofuggin stimoolus n shiet. blame yourself.

[Anonymous No.54002048]

>>54001942
I mean he already suffered the embarrassment of calling inflation transitory in 2021. All my boomer friends kept dropping the term. I just kept saying that there is no such thing.

[Anonymous No.54002076]

>>54002025
And that metric has been right 100% of the time over the last year.

[Anonymous No.54002086]

>>54002034
I am not a burger, not my problem

[Anonymous No.54002106]

>>54000126
How much worse do things have to get before the Second Great Depression is officially deemed to have begun?

[Anonymous No.54002148]

>>54002106
It's an inflationary depression, you're in one right now brother.

[Anonymous No.54002215]

>>54002034
and (((who))) closed those small businesses in the first place?
it's all part of the plan, first they cause massive inflation and when everyone gets rid of cash at the top in all markets they cause a deflation, when people sell at the bottom they will switch to inflation again, you have to be retarded not to see it

[Anonymous No.54002236]

>>54002215
i dont patronize small business because im not a retard socialist. cope and seethe ,sneed and feed.

[Anonymous No.54002238]

>>54002106
Officially, a Recession is at least 2 consecutive quarters of negative GDP. A Depression is 6 consecutive quarters of negative GDP. A long ways away from that.

[Anonymous No.54002376]

>>54002010
Powell didn't do anything that hadn't been standard operating procedure over the past 20 years. Inflation was cause by runaway stimulus spending that was trying to boost demand to fix a supply-side issue.

[Anonymous No.54002382]

>>54000331
>A major commercial bank

[Anonymous No.54002403]

>>54002376

[Anonymous No.54002413]

>>54002106
We're currently in a time where the FED printed a record amount of money and then raised rates at the fastest pace all in a 3 year period while the average consumer racked on a record amount of debt

We haven't even seen the carnage yet but it's starting for sure

[Anonymous No.54002575]

>>54002048
Admittedly, he totally sucks at his job.

[Anonymous No.54004845]

>>54001687
It makes me sick to think about it.

[Anonymous No.54004880]

>>54000202
can't wait

[Anonymous No.54005003]

>>54000690
they have never been solvent

[Anonymous No.54005038]

>>54000126
something bizniggers will NEVER understand is that the US dollar will be protected at all costs. so high inflation is unacceptable becaus eof the world reserve currency status of the dollar. If it requires an economic recession or even a depression thats what they will do. They printed trillions to ' help' the normies. made stonks moon like a motherfucker and then dumped on normies. they are already out and they have been for months. you are all f idiots and u literally believe anything u see on cringy financial news channells like MSNBC hahahaha

[Anonymous No.54006409]

this jew should be lynched

[Anonymous No.54006430]

PPP LOANS FORGIVEN BAILED OUT SMALL BIZNIZ OH HEY ANON FUCK YOU IF YOU WANTED TO START A SMALL BIZ NIZ WE BAIL EM OUT OH PAUSE STUDENT FAGGOT LOANS 3 YEARS OH HEY ENHANCE UMEPLOYMENT BENENNIES SO PPL CAN GET GIBS OH HEY TAKE 19 VAX SHOTS TO BOOST PHARMA COMPANIES OH HEY WOOPSIES INFLATION IS TRANSITORY OH WOOPSIES RATE HIKE FASTEST OF AlL TIME