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Can you imagine if Powell had said this?

MrEurekaMrEureka Posts: 23,838 ✭✭✭✭✭

Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Comments

  • edwardjulioedwardjulio Posts: 1,015 ✭✭✭✭✭
    edited December 24, 2023 7:57AM

    .

    End Systemic Elitism - It Takes All Of Us

  • GoldFinger1969GoldFinger1969 Posts: 1,173 ✭✭✭✭

    Actually, the Fed officials have been walking back the drop in yields since last week.

    And no, Powell would NOT say something like that.

  • steelieleesteelielee Posts: 1,143 ✭✭✭

    Election year...nuff said

    ************************************

    Many successful BST transactions with dozens of board members, references on request.
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,760 ✭✭✭✭✭

    “pencil” is all I need to read. ✏️

    There’s a reason the figures are manipulated.

  • Clackamas1Clackamas1 Posts: 704 ✭✭✭✭✭

    Greenspan would have never said that; a fed member should NEVER say that - out of line.

  • When has the Fed ever given us price stability? The dollar loses value every year.

    Yelling at clouds on pmbug.com

  • SoldiSoldi Posts: 2,013 ✭✭✭✭✭

    Many Fed president throughout the 12 opine as of late. Eurodollar University says Powell is hedging against may "things" possibly going wrong.

    Damn the facts I need a soft landing

  • GoldFinger1969GoldFinger1969 Posts: 1,173 ✭✭✭✭

    @Clackamas1 said:
    Greenspan would have never said that; a fed member should NEVER say that - out of line.

    No, it's why you have 7 voting members of the FOMC as Governors and 5 rotating presidents. You expect differences among them....it's the 7 permanent members (Governors) plus the Chairman and the President of the NY Fed who have the most influence.

  • GoldFinger1969GoldFinger1969 Posts: 1,173 ✭✭✭✭

    @pmbug said:
    When has the Fed ever given us price stability? The dollar loses value every year.

    If you want a never-ending price index, then you will have recessions and deflation and unemployment up the wazoo !!

  • blitzdudeblitzdude Posts: 5,303 ✭✭✭✭✭

    @GoldFinger1969 said:

    @pmbug said:
    When has the Fed ever given us price stability? The dollar loses value every year.

    If you want a never-ending price index, then you will have recessions and deflation and unemployment up the wazoo !!

    Ah bouy, here we go again. Economy is boomin and chicken littles calling for the end of the word yet again. Only in 'Merica. SMH!

    The whole worlds off its rocker, buy Gold™.

  • GoldFinger1969GoldFinger1969 Posts: 1,173 ✭✭✭✭
    edited February 21, 2024 8:35PM

    @blitzdude said:
    Ah bouy, here we go again. Economy is boomin and chicken littles calling for the end of the word yet again. Only in >'Merica. SMH!

    That's not what I said AT all.

    I am talking about during recessionary or exogenous shock times. Internal or external adjustments....take your pick. :)

  • @pmbug said:
    When has the Fed ever given us price stability? The dollar loses value every year.

    -
    There you go : )
    .

    .
    (I have no idea what seasonally adjusted means...)

  • dcarrdcarr Posts: 7,905 ✭✭✭✭✭

    @GoldFinger1969 said:

    @pmbug said:
    When has the Fed ever given us price stability? The dollar loses value every year.

    If you want a never-ending price index, then you will have recessions and deflation and unemployment up the wazoo !!

    .

    It is a false assumption that Central Banks are good for stabilization.
    Meddling in, and central planning of, the economy only begets more and more of the same to stave off the inevitable.

    Better to let free markets function without any interference.

    .

  • blitzdudeblitzdude Posts: 5,303 ✭✭✭✭✭

    The central bank has done a wonderful job fixing the trainwreck we experienced as a result of the policies implemented circa 2016-2020ish. The rate increases have slowed inflation, wages have increased substantially and anybody who wants to work has multiple employment opportunities. The economy is absolutely booming. Hell NVDA gained $250B+ market cap today alone. God bless the FED and god bless America. RGDS!

    The whole worlds off its rocker, buy Gold™.

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