Aldarion
Egg Nazi
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While I'm certainly not skeptical about oil rising, why you do say this specifically?
Investing General Discussion
- Thread starter Furious
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,518
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Sanrith Descartes
Veteran of a thousand threadban wars
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Zzen
Potato del Grande
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Zog
Blackwing Lair Raider
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Where’s the limit down on this bitch?
It'll probably hover around $200/share like that price is the bin for faang stocks that fall from grace. (FB)
They really made a mistake upping their prices with a huge influx of new streaming services.
Also, wasn't mentioned here but it happened yesterday and what also happened at the same time was quite interesting.
DWAC
Jysin
Ahn'Qiraj Raider
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This Fed speak drives me bonkers.
10:36 (US) Fed's Evans (dove, non-voter): "Good reason to think the special factors causing high inflation will stop going up"
Sounds awfully a lot like "transitory" without saying transitory all over again.
10:36 (US) Fed's Evans (dove, non-voter): "Good reason to think the special factors causing high inflation will stop going up"
Sounds awfully a lot like "transitory" without saying transitory all over again.
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Flobee
Vyemm Raider
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Gravel
Mr. Poopybutthole
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Have they ever mentioned what "special factors" they think are causing inflation? If so, it's all empty rhetoric.
They likely won't ever admit that the money injections are the real problem.
Mist
Eeyore Enthusiast
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Do they have to admit that money injections are the real problem?
It's like people needing to be told that breathing in smoke is bad for your lungs.
Of course the money injections are the problem. Too much money is chasing too few goods.
Usually when the government injects money into the market, as they have been for the past 20 years, it just gives it to banks. This takes forever to trickle down to mainstreet and the average consumer.
This time the government actually gave money to people and businesses who need it, along with a whole bunch who didn't need it. Producers are still not producing and delivering the number of goods they were pre-pandemic. Some of this lowered production and delivery appears to be logistical and some appears to be intentional.
Mist
Eeyore Enthusiast
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I think it's a safe assumption that someone reading the minutes of a Fed meeting would have an econ 101 education. Also the Fed isn't the elected government.
The Fed needs more accountability, but I don't know with which mechanism you can do that without making the Fed entirely political which would be even worse for the stability of the dollar than the situation we have now.
Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
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Kiroy
Marine Biologist
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Zog
Blackwing Lair Raider
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I imagine a polar bear in dun morough drinking a bottle of coke with its idle animation.
Of course, the Internet ruins everything and there will be rule 34 on every billboard if possible.
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