Fed will overshoot rate increases

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Fatrat said:
Joe, are you saying Trump was a rapist, but the Statute of Limitations was up so it doesn't matter he was a rapist? In any case, being a felon doesn't matter if you're President, it should not matter for lessor jobs.
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I'm not saying he is.

It's the Carrol bitch is sayin' he is, but she can't even remember what year it supposedly happened in.

What I am asking, is if it bothers you at all that so many bogus charges were brought against him for purely political purposes?

You don't have to support someone to be able recognize when they've been done wrong.
 
searcher said:
Quarter point rate cut with 2 more coming this year.
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I wish he would have raised rates another .5. The real rate of inflation is between 8 and 10% according to shadow stats. Powell should be aggressively raising rates up to at least 8%. Yes this will kill real estate and employment for the short term but real estate is way over valued as are most US produced goods. A serious recession or even depression is severely needed right now to get rid of these bubbles in everything.
 
Cigarlover said:
A serious recession or even depression is severely needed right now to get rid of these bubbles in everything.
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If that happens, you'd might as well give the gov back to the dems right now. Because if that happens now, Trump will get the blame for it.

Even with his problems, he's better than the current alternative.
 
Cigarlover said:
I agree but Powell is supposed to be independent so he could blame Powell for doing the right thing and popping these bubbles.
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That's the problem. Powell has never really wanted to do that.

Waited far too long to start tightening, and took too long raising rates once he started.

He was/is trying to manage the bubbles, not pop them.

He's also on the side of the dems. Hence the rate cut two Months before the election.
 
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