I say a 100 basis point increase and the Powell can step up to the mic and say: "I know it's tough medicine and will be painful for some but if we get through this the economy will be much stronger"
Of course if the economy does not survive then I will still have whipped inflation
Isn’t it ironic these morons created this mess with so many years of unlimited spending and now they will try and fix it by inflecting maximum pain on the middle class.
They are setting us up for the transition to CBDC. Instead of one, huge catastrophic black swan event...they're probably going to use a bunch of smaller events, like this, collectively to justify the transition. Kind of like the Chinese philosophy of making a beach disappear. Instead of bulldozing the beach in one day...take a grain of sand each day and nobody will notice until the beach is gone. Just my opinion right or wrong. I've been waiting for the one big event...but now have changed my mind...whatever is left of it. God bless you all with kindness.
Even Mexico has decided to join in partnership with Russia and China against the United States. The conspiracy against the United States is growing strong! Eeeeeheheheheheeee 😁😃🤣😂🤣🥳🤣😂😁😃👍🥳🤣😁😃😂😃😁
Mexico finally applies to join BRICS | SUPER ECONOMY EQUALS BRICS + STATUS
(btc up over 20,000% in 20years-even after the big drop, and aapl is up 125,285% in 30years).....What's your useless point??? by the way the last two days I have made lots of money and you are still on welfare.....LOL
Thanks for addressing this, Greg. It's a classic bank run and is making the headlines. The ripple-effect is happening globally. I'm thinking it is the start of something really big.
The consolidation of the banks begins.... again,... until there is ONE world bank,..........................what a shocker. The 12 week trial of CBDC is almost done and will " magically " be available when the currency collapses .
I say a 100 basis point increase and the Powell can step up to the mic and say: "I know it's tough medicine and will be painful for some but if we get through this the economy will be much stronger"
Of course if the economy does not survive then I will still have whipped inflation
Isn’t it ironic these morons created this mess with so many years of unlimited spending and now they will try and fix it by inflecting maximum pain on the middle class.
And the idiot in the WH just proposed another $6.8 trillion budget for next year. This needs to stop.
He knows the endgame and besides you don’t fuck with Biden he said
They are setting us up for the transition to CBDC. Instead of one, huge catastrophic black swan event...they're probably going to use a bunch of smaller events, like this, collectively to justify the transition. Kind of like the Chinese philosophy of making a beach disappear. Instead of bulldozing the beach in one day...take a grain of sand each day and nobody will notice until the beach is gone. Just my opinion right or wrong. I've been waiting for the one big event...but now have changed my mind...whatever is left of it. God bless you all with kindness.
Even Mexico has decided to join in partnership with Russia and China against the United States. The conspiracy against the United States is growing strong! Eeeeeheheheheheeee 😁😃🤣😂🤣🥳🤣😂😁😃👍🥳🤣😁😃😂😃😁
Mexico finally applies to join BRICS | SUPER ECONOMY EQUALS BRICS + STATUS
https://www.youtube.com/watch?v=U-AXFW6voIQ
Now that is funny 😄🤣😂🤣😂
We need Trump back as soon as possible
But WaveRider says that the US economy is booming and everybody is full of cash....
Also, fat ladies sucking down $20 margaritas all day long.
In a way he’s right waiters and waitresses was most jobs created but they’re not flush with cash
(Who is having expensive dinners and going to 5 star hotels ?)
Not You.....
Chinese
Gold is up over 500% in the last 20 years and gold is up over 4000% in the last 50 years!
MAYDAY!!! MAYDAY!!!
After I get back from my own bank and withdrawing everything I can, I’ll start practicing yoga by grabbing my ankles and kissing my butt goodbye.🫣
Thank you Chair Powell for the mess you put this country
Gold is up over 500% in the last 20 years and gold is up over 4000% in the last 50 years!
(btc up over 20,000% in 20years-even after the big drop, and aapl is up 125,285% in 30years).....What's your useless point??? by the way the last two days I have made lots of money and you are still on welfare.....LOL
The bank failure or brink of failure is the only reason bond yields tanked. They will be back up again.
Thanks for addressing this, Greg. It's a classic bank run and is making the headlines. The ripple-effect is happening globally. I'm thinking it is the start of something really big.
This economy has the same smell of 08-09!
The consolidation of the banks begins.... again,... until there is ONE world bank,..........................what a shocker. The 12 week trial of CBDC is almost done and will " magically " be available when the currency collapses .
Gold back Crypto
Chinese
https://www.zerohedge.com/markets/300-billion-reasons-why-svb-contagion-spreading-broader-banking-system
LOL, the muppets' accounts will be getting haircuts!
Reports are now saying SVIB is the second largest bank failure in US History. 200 billion deposits not covered by insurance.
Wells Fargo reporting "erroneous" negative and zero balances
Keep an eye on Credit Suisse and Deutsche Bank.
Wells Fargo customers get exactly what they deserve for dealing with that trash bank.
Yes it is, just listening and reading GM and unable to see anything market action but he sounds like the sky is falling.
Looking forward to your update!
Sounds good. Looking forward to it. I believe there will be serious problems bleeding over into normal banking.