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News Fed Cuts Half Point
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Redbanksdog Offline
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Post: #41
RE: Fed Cuts Half Point
(09-19-2024 06:34 PM)stinkfist Wrote:  
(09-19-2024 06:30 PM)Redbanksdog Wrote:  I'm hearing this rate cut will probably increase inflation. Is there maybe any truth to this? 07-coffee3

ya think ... ain' no "will probably" to it...

this is their last shot a salvaging a loser until the election ... they know XACLY! wtf and why the fk they moved it a half...

if kumswallah manages the bold in the tally, it's game over

if #groverII, they've set his arse up and only prolonged the inevitable...

either way, it's nothing but another hiccup in time if the latter...

@can'tShiteTheShiTTTer ... #wealthSiphonContinuesEitherWay #Capiche?!

Thanks Stink, I've heard those other comments also. 04-cheers
09-19-2024 06:46 PM
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stinkfist Offline
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Post: #42
RE: Fed Cuts Half Point
(09-19-2024 06:46 PM)Redbanksdog Wrote:  
(09-19-2024 06:34 PM)stinkfist Wrote:  
(09-19-2024 06:30 PM)Redbanksdog Wrote:  I'm hearing this rate cut will probably increase inflation. Is there maybe any truth to this? 07-coffee3

ya think ... ain' no "will probably" to it...

this is their last shot a salvaging a loser until the election ... they know XACLY! wtf and why the fk they moved it a half...

if kumswallah manages the bold in the tally, it's game over

if #groverII, they've set his arse up and only prolonged the inevitable...

either way, it's nothing but another hiccup in time if the latter...

@can'tShiteTheShiTTTer ... #wealthSiphonContinuesEitherWay #Capiche?!

Thanks Stink, I've heard those other comments also. 04-cheers

check the *response to 'coog ... it got much deeper in the abyss of stank...

I've tapped on this ever since I started posting here .... y'all got my gears going again...

to me it's obvious ... and most are unwilling to listen, nor admit such can happen in this country...

they're wrong...
(This post was last modified: 09-19-2024 06:53 PM by stinkfist.)
09-19-2024 06:50 PM
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Attackcoog Offline
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Post: #43
RE: Fed Cuts Half Point
(09-19-2024 06:34 PM)Kruciff Wrote:  
(09-18-2024 01:44 PM)Frank Grimes Wrote:  In before, “RiGhT bEfOrE tHe ElEcTiOn, Of CoUrSe”

If Biden had such control to guide this economy into politically favorable timing, he should be commended not ridiculed.

The only reason the Fed is cutting rates (much less cutting them by a half percent rather than the more conservative quarter of a percent move) despite not yet getting inflation down to their target rate (2%) is because they fear a recession is likely coming. Recessions are generally not inflationary. In fact, recessions generally slow the growth of inflation (disinflation) and often flat out cause deflation (actual falling prices).
(This post was last modified: 09-20-2024 03:15 PM by Attackcoog.)
09-20-2024 03:11 PM
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