Commissar SFLUFAN Posted December 22, 2018 Share Posted December 22, 2018 YES, DO IT! DO IT! LET'S WATCH IT ALL BURN! Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted December 22, 2018 Share Posted December 22, 2018 Quote Such a move would represent an unprecedented challenge to the Fed’s independence. Though he was nominated by the president, Powell was thought to be insulated from Trump’s dissatisfaction by a tradition of respect for the independence of the central bank. Another example of the flawed conventions that have protected the US for too long. Make it a law, don't just "respect" history. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 22, 2018 Share Posted December 22, 2018 Hm, maybe he should have put more thought into a pro growth/not as inflation hawk-y fed chair when he had the chance to do so without fucking things up Nah, burn it all down Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted December 22, 2018 Author Share Posted December 22, 2018 19 minutes ago, b_m_b_m_b_m said: Hm, maybe he should have put more thought into a pro growth/not as inflation hawk-y fed chair when he had the chance to do so without fucking things up. You mean like...Janet Yellen?!? Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 22, 2018 Share Posted December 22, 2018 36 minutes ago, SFLUFAN said: You mean like...Janet Yellen?!? Nah, too short 2 Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted December 22, 2018 Share Posted December 22, 2018 Let it happen. Burn it all down Quote Link to comment Share on other sites More sharing options...
Jason Posted December 22, 2018 Share Posted December 22, 2018 1 hour ago, b_m_b_m_b_m said: Nah, too short But she doesn't have an ugly mustache. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 22, 2018 Share Posted December 22, 2018 Brows furrowed at DEFCON 1. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 22, 2018 Share Posted December 22, 2018 2 minutes ago, Jason said: Brows furrowed at DEFCON 1. I dunno, firing the fed chair is dangerously close to "messing with the Republican donors" territory, which is a bridge too far for these people. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted December 22, 2018 Share Posted December 22, 2018 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted December 23, 2018 Share Posted December 23, 2018 22 minutes ago, CitizenVectron said: Quote Link to comment Share on other sites More sharing options...
Chairslinger Posted December 23, 2018 Share Posted December 23, 2018 33 minutes ago, CitizenVectron said: Yeah, this is why you sell the fucking peanut farm when you want to be president! Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted December 23, 2018 Share Posted December 23, 2018 Congrats to new Federal Reserve Chairman Eagleman 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 23, 2018 Share Posted December 23, 2018 Sounds like an actual conversation with the actual president Quote Link to comment Share on other sites More sharing options...
Chairslinger Posted December 23, 2018 Share Posted December 23, 2018 18 minutes ago, b_m_b_m_b_m said: Sounds like an actual conversation with the actual president The part about "nor do I believe I have the right to do so" might as well be daring Trump to fire him. There are few lines more consistent than when Trump is accused of doing something, or thinking of doing something, bad he has to say "I didn't do it, but if I did I would be allowed cause I'm president." Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 23, 2018 Share Posted December 23, 2018 9 minutes ago, Chairslinger said: The part about "nor do I believe I have the right to do so" might as well be daring Trump to fire him. There are few lines more consistent than when Trump is accused of doing something, or thinking of doing something, bad he has to say "I didn't do it, but if I did I would be allowed cause I'm president." Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted December 23, 2018 Share Posted December 23, 2018 The US dollar is going to be more like the Zimbabwe dollar soon with Trump in charge! Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted December 23, 2018 Share Posted December 23, 2018 Don't worry guys everything is fine, he totally won't do something stupid out of no where I promise! Quote Link to comment Share on other sites More sharing options...
Jwheel86 Posted December 23, 2018 Share Posted December 23, 2018 So Kudlow is going to be the new Treasury Secretary in... 3 weeks? Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 23, 2018 Share Posted December 23, 2018 27 minutes ago, Jwheel86 said: So Kudlow is going to be the new Treasury Secretary in... 3 weeks? And fed chair, too. I guess. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 23, 2018 Share Posted December 23, 2018 Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted December 23, 2018 Share Posted December 23, 2018 But it's also fucked up he's in an exclusive private resort is Cabo while people aren't getting paid. Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted December 24, 2018 Share Posted December 24, 2018 Quote Link to comment Share on other sites More sharing options...
LazyPiranha Posted December 24, 2018 Share Posted December 24, 2018 The man trying to steer the ship away from the iceberg is also the same motherfucker that produced Suicide Squad. Let that shit sink in for a second. Quote Link to comment Share on other sites More sharing options...
osxmatt Posted December 24, 2018 Share Posted December 24, 2018 “I confirmed banks have enough money for lending and other activities, because you know, there is concern that banks aren’t posting record profits.” Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted December 24, 2018 Share Posted December 24, 2018 22 hours ago, Keyser_Soze said: The US dollar is going to be more like the Zimbabwe dollar soon with Trump in charge! Actually, Trump has the opposite problem; Powell’s rate increases are strengthening the dollar, which works against Trump’s attempts to boost exports and reduce the trade deficit via protectionist policies—Trump’s trying to fight the rising dollar through his attempts at bullying the Fed into lowering interest rates and by running trillion dollar deficits at exactly the time when deficits should be lowest... ...but he’s unlikely to succeed, even if he fired Powell, because in reality, contrary to what the technocrats want to believe, the Fed’s control over the money supply is limited. It has a lot of power because it can bend the short end of the treasury yield curve, but in the end it cannot control the overall demand for money, and it can’t even really exert control over long-term treasury yields, I.e. the long end of the curve—the state of the overall economy does that. In an economy with minimally developed markets and institutions, where practically everything is owned by the government—I.e. Zimbabwe—the story is somewhat different. Apples to oranges and all that. 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted December 24, 2018 Share Posted December 24, 2018 So Monday will be a buying opportunity is what you're saying Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted December 24, 2018 Share Posted December 24, 2018 22 hours ago, Keyser_Soze said: The US dollar is going to be more like the Zimbabwe dollar soon with Trump in charge! We might as well put his picture on Money then. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 24, 2018 Share Posted December 24, 2018 Reminder: Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted December 24, 2018 Share Posted December 24, 2018 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted December 24, 2018 Share Posted December 24, 2018 What. 1 Quote Link to comment Share on other sites More sharing options...
CayceG Posted December 24, 2018 Share Posted December 24, 2018 Rand Paul just climaxed. Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted December 24, 2018 Share Posted December 24, 2018 I don't know what thats supposed to mean, the fed absolutely understands a strong dollar as its creating one, and the rest has nothing to do with them... Quote Link to comment Share on other sites More sharing options...
finaljedi Posted December 24, 2018 Share Posted December 24, 2018 So are we now going to have a President Gold Standard? Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted December 24, 2018 Share Posted December 24, 2018 I'm sure the markets dropping like a stone today are completely set at ease by the ranting and raving today. Quote Link to comment Share on other sites More sharing options...
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