These statements about transitory inflation are bs, it is INFLATION!

Edit: sorry, I read your statement wrong. What I was responding to was more in line with going to 3.4 in 2022 is a big deal.

In the scheme of things, yes! It’s the difference between buckling your seat belt for a landing and putting your face in your lap with oxygen masks hanging down. It is a full steam ahead damn the torpedoes statement.

What I will say is, I do respect the decisive statement put out by the Fed. They have chosen their path it seems and whether I agree or not, it’s not shaky. There’s a clear path.


I mean they want to get 3.4% by the end of the year and then take another whole year to move to 3.8%....dont understand the logic
 
I mean they want to get 3.4% by the end of the year and then take another whole year to move to 3.8%....dont understand the logic

They know they are crashing the economy in 2022 for the sake of inflation. It’s a gamble.

Out into 2023 housing will still be pretty inflationary so I’m assuming that’s where they see still having to push up. Or at least that’s my take.
 
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.

Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spiritus Mundi
Troubles my sight: somewhere in sands of the desert
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Reel shadows of the indignant desert birds.
The darkness drops again; but now I know
That twenty centuries of stony sleep
Were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?

WBY.
 
market could use a good correction for the next entry :).

Biden is going to get hit like Bush Sr. was with a mild recession and the GOP just has to not put up a mental fucktard and they win in 2024. The Dems will take the Congress back in 2026.

As long as the GOP keeps out the DeSantis, Cruz, Rubio cookie cutter fuck shells they have a solid win shot. Dems will stick with Biden because seriously....the bench is dried up and old....

Key to 2024 is MI, WI and PA and maybe a VA or other swing state. The other states colors are pretty much penned in on the map. 2024 will make 2016 and 2020 look like tame intelligent elections.
 
Told you guys... as long as you keep buying shit, the economy will stay afloat on inflation until the consumer pulls the plug and we crash hard..

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