The Fed just dropped their rate by 50Bps

You clearly have no concept of international markets especially how the BRICS are working to change the global reserve currency to a gold backed one outside of the USD.  I hope you don't have all your shekels and 401k exclusively in the US Stock Market, you'll be in for a surprise.

But you can always go back to your original talent as the guy on Fremont street with the 'kick me in the balls' for $20.  I know that was lucrative for you and kind of a grift since yours haven't yet dropped.

Edited on Sep 22, 2024 3:42am
Originally posted by: Aaron

You clearly have no concept of international markets especially how the BRICS are working to change the global reserve currency to a gold backed one outside of the USD.  I hope you don't have all your shekels and 401k exclusively in the US Stock Market, you'll be in for a surprise.

But you can always go back to your original talent as the guy on Fremont street with the 'kick me in the balls' for $20.  I know that was lucrative for you and kind of a grift since yours haven't yet dropped.


I have no concept of how your brain works, other than that it produces, shall we say, many unusual thoughts. As far as your views of international finance go--well, conspiracy theories are fun. A secret global cabal working to destroy the US and suck out all our precious bodily fluids. Ooooookay.

Hey Aaron, what do you think of those who invesed in DJT, Truth Social? Or in Trump's new silver coins? Just wondering?

Hey Aaron, what do you think of those who invesed in DJT, Truth Social? Or in Trump's new silver coins? Just wondering?


Originally posted by: Aaron

You clearly have no concept of international markets especially how the BRICS are working to change the global reserve currency to a gold backed one outside of the USD.  I hope you don't have all your shekels and 401k exclusively in the US Stock Market, you'll be in for a surprise.

But you can always go back to your original talent as the guy on Fremont street with the 'kick me in the balls' for $20.  I know that was lucrative for you and kind of a grift since yours haven't yet dropped.


Aaron - a little kevin background.  Over the years he has claimed to have multiple degrees and numerous careers.  In the context of this current discussion he has claimed to be an economics major and a cpa with a tax concentration.  His ignorant responses have shown this to be unlikely & when cornered his responses are usually curses and insults.

Originally posted by: tom

Aaron - a little kevin background.  Over the years he has claimed to have multiple degrees and numerous careers.  In the context of this current discussion he has claimed to be an economics major and a cpa with a tax concentration.  His ignorant responses have shown this to be unlikely & when cornered his responses are usually curses and insults.


I disagree with stupid Tom ideologically; furthermore, I constantly call him out on his irrationality and illogic--one of his favorite tricks is what I call "selective stats." This has made him very, very angry. He expresses that anger by casting aspersions on my career and education. Of course, he has no fucking idea of what I've done and learned over the course of my life--how would he? Yet, he claims to know. How stupid, to claim you know about the life of a complete stranger!

 

Stupid Tom.

Originally posted by: Aaron

"Powell had a clear incentive to deliver a 50 bps cut before Election Day, because Trump has already made clear that he would not reappoint him as Fed Chair... So Powell's only chance of another term is by pleasing
Kamala Harris and her fellow Democrats" - Rabobank


The last time the Fed cut by 0.5% was in October 8, 2008, three weeks after the collapse of the venerable investment bank Lehman Brothers. - Tuomas Malinen

 

Panic by the Fed or Political?  Pick one.


Thought you might dis-like this article:

 

Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says (msn.com)

Originally posted by: MaxFlavor

Thought you might dis-like this article:

 

Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says (msn.com)


You might take a look at usdebtclock.org and consider what is going to happen when the derivatives collapse.

Originally posted by: MaxFlavor

Thought you might dis-like this article:

 

Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says (msn.com)


You might take a look at usdebtclock.org and consider what is going to happen when the derivatives collapse and unfunded liabilities such as social security are no longer payable.

You might take a look at usdebtclock.org and consider what is going to happen when the derivatives collapse and unfunded liabilities such as social security are no longer payable.

 

by that time the government will try all kinds of crazy stuff, like refunding and sending you all of your lifetime of income taxes back, while printing money to infinity to stave off the inflation....it'll work for a little while, until it doesn't.

Edited on Sep 23, 2024 7:57pm
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now