Will the Fed Buckle Under Wall Street's Pressure?

Will the Fed cave into Wall Street's demand and reduce rates at the next FOMC meeting?

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FreeGoldRush said:
Powell technically can't. That would cause high default rates and the banks would fail. It's just not the same as when Volker was pulling the levers. Remember that it's a collection of federal reserve member banks. They don't eat themselves.
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You're probably right. Does that give you comfort vs. the destruction caused by high inflation?

I guess there's a 3rd choice... have US government admit they can't pay off bonds and interest rates... so "we won't". Then everybody will just have to eat the loss.

Wipe the slate clean and start over? When it comes to debt it ALWAYS gets accounted for, one way or another. It either gets repaid or somebody takes it in the neck. Period!

When it comes to taking it in the neck, it's usually not the one who spent the money.
 
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notagain said:
Remove Biden and you remove Biden inflation, Nov.8 make it happen.
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LOL uhhh hate to break it to you, but you got at least 2 more years of Biden.

Nov 8th are midterms. Doesn't FauxSnooze or Putin's other networks OAN, NewsMaxLies mention that?

Meanwhile markets will continue to buckle under The Fed no matter what Biden/does not do.

tRump no doubt would have had Powell's head by now and we would have merry-go-round new head after new head just like the Apprentice President did with Chiefs of Staff, Homeland Security, Press Secretary, yada yada.

Markets would just luuuuuuv that idiocy again.
 
SunTrader said:
LOL uhhh hate to break it to you, but you got at least 2 more years of Biden.
Nov 8th are midterms. Doesn't FauxSnooze or Putin's other networks OAN, NewsMaxLies mention that?
Meanwhile markets will continue to buckle under The Fed no matter what Biden/does not do.
tRump no doubt would have had Powell's head by now and we would have merry-go-round new head after new head just like the Apprentice President did with Chiefs of Staff, Homeland Security, Press Secretary, yada yada.
Markets would just luuuuuuv that idiocy again.
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Republican House could Impeach Biden.
House controls the money, commies get nothing for two years.
Republicans should pack the Supreme Court with MAGA judges, the whole judicial system is complicit with allowing election "mistakes".
 
notagain said:
Republican House could Impeach Biden.
House controls the money, commies get nothing for two years.
Republicans should pack the Supreme Court with MAGA judges, the whole judicial system is complicit with allowing election "mistakes".
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Denial and idiocy. Not a good combo. Seek help...fast.

See how well tRumpus, Gooliani and cohorts did with his stolen election nonsense in front of "MAGA" judges that looked to the actual Constitution (that he ignored constantly) for their guidance.

Court after court, judge after judge - mostly Republican many tRumpus appointments through out the land. If you know what the Mendoza line is in baseball, his batting average would have been waaay below that. Fitting for the Apprentice Prez bankrupt "billionaire".

PS: Did you notice that on a day markets are all screaming higher DWACko is down -5.04% hahahaha almost sub $17
 
SunTrader said:
If you know what the Mendoza line is in baseball, his batting average would have been waaay below that.
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I used to live in Queens in the mid-1970s and I remember the NY Mets traded for a "star" First baseman by the name of Willie Montanez. He hit below .180 for like 4 months and was released soon after that. I remember the Mets Announcer Ralph Kiner talking about the Mario Mendoza line. Of course the post-1973 Mets had terrible teams until the likes of Gooden, Darling, Strawberry, Nails, etc. came along.
 
nitrene said:
I used to live in Queens in the mid-1970s and I remember the NY Mets traded for a "star" First baseman by the name of Willie Montanez. He hit below .180 for like 4 months and was released soon after that. I remember the Mets Announcer Ralph Kiner talking about the Mario Mendoza line. Of course the post-1973 Mets had terrible teams until the likes of Gooden, Darling, Strawberry, Nails, etc. came along.
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I was born and raised in Queens before The Mets came along, so fortunately I am like my father before me, a NY Yankee fan .
 
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Remove Biden and you remove Biden inflation-
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Nope, the damage by that libertard is already done. Just maybe, if you are quick-enough, you can make dumb students (who think they know it all) who made bad debt choices on their student loans for 'ism' majors, pay for their own shit... but even that may be a long shot now.
 
The_Krakenite said:
dumb students (who think they know it all) who made bad debt choices on their student loans for 'ism' majors
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  • Art History, Criticism & Conservation
  • Travel/Tourism Management
  • Journalism, Broadcast
These are all good majors. What's there to complain about? :)
 
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