Fed will overshoot rate increases

[Joe King]

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.

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.

 

[Cigarlover]

Quarter point rate cut with 2 more coming this year.

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.

 

[Joe King]

A serious recession or even depression is severely needed right now to get rid of these bubbles in everything.

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]

Even with his problems, he's better than the current alternative.

I agree but Powell is supposed to be independent so he could blame Powell for doing the right thing and popping these bubbles.