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/biz/ - Business & Finance

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55279852 No.55279852 [Reply] [Original]

>lands the elusive soft landing with care and precision
the absolute mad lad

>> No.55279896

>>55279852
What's the inflation rate at?

>> No.55279971

>>55279896
0.1%

>> No.55279987

>>55279896
why do you need to know?

>> No.55280040
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55280040

>>55279852
>decades of bad leadership causing cycles of catastrophe
>when shit really hits the fan they call in a lone WASP to save the day (or be the fall guy)
>he actually fixes it

>> No.55280101

>>55280040
based

>> No.55280125
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55280125

>believing governements numbers

How new are you

>> No.55280518

>>55279852
i always wondered why he bothered to get a second term knowing the mess it all was when he could quietly exit stage left and let his successor deal with the mess
but if he really pulls this off his legacy will be legendary

>> No.55280580
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55280580

>Everything is still fucking expensive

>> No.55280581
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55280581

WE DID IT GUYS! WE BEAT INFLATION! PRICES HAVENT GONE DOWN AT ALL BUT IF TV MAN SAYS INFLATION IS GONE THEN I GUESS THAT NULIFIES REALITY!

>> No.55280932

>>55280040
>lone WASP
His maternal grandfather, James J. Hayden, was Dean of the Columbus School of Law at Catholic University of America and later a lecturer at Georgetown Law School.
>Catholic
>Catholic
>White Anglo Saxon Protestant
>Catholic
Are we there yet? If not

https://nymag.com/intelligencer/article/jerome-powell-federal-reserve-profile.html

"Powell was born into an affluent Catholic family in Washington, D.C. His mother was a statistician and his father was a labor lawyer; they had six children, of which Jay was the second oldest. He attended Georgetown Prep, the same elite Catholic day school that Neil Gorsuch and Brett Kavanaugh would later attend.
"
>Catholic
Why are dirty protestants always such liars?

>> No.55280959

>>55280932
shut up.

>> No.55281025

>>55280932
Based Catholic. Fuck proddies.

>> No.55281088
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55281088

>>55280932
>>55281025
Cathchads...we can't stop winning!

>> No.55281107

>>55280580
Taming inflation doesn't mean that prices will go down, just that they will stop going up.

>> No.55281346

>>55280959
dirty protestant liar

>> No.55281369

>>55281088
Glory be to the Father, and to the Son, and to the Holy Spirit. As it was in the beginning, is now, and ever shall be, world without end. Amen.

>> No.55281395

>>55280932
I didn't know about his family but basically I just mean rich anglo type of dude. You're seething for no reason.

>> No.55282368

>>55280932
Based Catholic Chad

>> No.55282490

>>55281395
Protestants are heathens. Of course CatholiChads will seethe when you misattribute the good doings of a Catholic to the protestants.

>> No.55282501
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55282501

>>55279852

>> No.55282509

>>55279896
https://www.usinflationcalculator.com/inflation/current-inflation-rates/#:~:text=The%20annual%20inflation%20rate%20for,ET.

>> No.55282520

>>55282490
>worship mary
>believe the pope is Christ
>>catholichad

You know the first beast of the sea/holy sea?

>> No.55282575

>>55282520
>Rebels against catholics
>Interpret new faith through book catholics wrote
Ya hate to see it

>> No.55282595

>>55279852
>completely fucks up an lets inflation peak at 9% and over target for years
>avoids nominal recession when trying to fix his fuckup
LEGENDARY

>> No.55282605

>>55282575
Financially speaking, it was because the church restricted interpretation of the Bible and kept people ignorant/illiterate, not the books themselves.

>> No.55282619

>>55282595
>allows inflation to rise
>normalizes rates
>reduces the fed balance sheet

I know it’s difficult, but try to think, anon.

>> No.55282638

>>55282619
The entire mandate of the fed is stable prices. so "allows inflation" = fuck up. And inflation is still over target so he is continuing to fuck up as we speak.

>> No.55282644

>>55280581
>space ship captain: we have managed to get acceleration down, we are no longer accelerating so fast that the space ship will reach a dangerous velocity
>anon: durrrr guys the ship is still getting faster we're all going to die hurrrrrrrrr

>> No.55282713

>>55282644
Inflation is already the rate of change of prices, so wtf are you saying? The space ship is continuing to accelerate faster than what you want. Its like if you only want to accelerate at 5m/s^2 and you're at 10, you fucked up. If you get it down to 7 you're still fucking up and adding more and more gap between where you are and should be.

>> No.55283902

>>55279896
>t. STILL hasnt bought back in

>> No.55283919

>>55279852
The Fed is paying people to shill on 4chan now?

Wew things must he bad

>> No.55283920

>>55280581
>poor people: falling exponentially further into poverty
>markets: exploding higher as richfags slurped the dip
And now, back to our regularly scheduled programming

>> No.55284669

>>55282713
economy is royally fucked.
>>55283919
it's a 1PBTID bot or bobo larper

>> No.55284689
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55284689

>> No.55284976
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55284976

>>55282520
>believe the pope is Christ