Fuck Jerome Powell.

Once powell cut the rate, trump will have the money to start the war with iran

>>60522933 (OP)
> Am I allowed to appoint myself at the Fed? I'd do a much better job than these people.
I think this one's on video.

>>60522940
you're brown

>>60522933 (OP)
sorry but """"blue chip""""" debt zombie companies, mentally retarded jewish venture capitalist backed SaaS NiggerFaggot scamshit tech "companies", overpriced homes, and retards with $60k car loans all must be tortured, mutilated, and crushed to dust.

>>60522933 (OP)
Lol:
https://m.youtube.com/watch?v=u_aLESDql1U&pp=ygUjdHJ1bXAgc2F5aW5nIGJpbGxpb25zIGFuZCBiaWxsaW9ucyDSBwkJvgkBhyohjO8%3D

Powell does need to cut rates but it's just to clean up for all the damage this retard has done in five months. And all it would do is give him more rope to implement more niggerbrain policies to keep destroying this country.

t. 3 time Trump voter and fell for it again winner.

>>60522950
>still defending trump
either retard or jew

>>60522950
>he fell for it again

>>60522933 (OP)
Nobody can claim Powell is objevtive tho. In early 2022 when Inflation was already out of control and rising he kept rates at 0 and now that Inflation is under control and stable he keeps it over 4.

>>60522959
bill jensen

>>60522975
you could take a 'fell for it again' award and fist it up the asshole of the average burger pleb and they would still salute

they haven't learned yet

You know it’s not just Powell.
There’s 12 people that vote. He’s just one vote. Powell is also Trump appointed.
If Trump wants the market to do better than all he needs to do is stop the tariffs/trade wars. Tariffs are inflationary.
We cannot cut.

>>60522940

>>60522933 (OP)
The Fed doesn't have the ability to lower interest rates except through quantitative easing, which they only do in times of economic crisis. They aren't going to restart QE and blow up inflation just so Trump can run huge deficits to waste money

>>60522933 (OP)
I told you ONE time, Jerome! Keep those rates high, I’ll put your ass through a motherfuckin’ wall! Keep ‘em high twice, I start SCREAMIN’! I start SCREAMIN’ on that ass! I be like—
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!

the man is doing his job, why is trump being an asshole to the people he appointed himself?

>>60523107
>The Fed doesn't have the ability to lower interest rates except through quantitative easing,
The Fed literally has the power to lower interest rates you dummie.
They have direct control over the federal funds rate.

Orange nigger is going to crash the economy 0.01 seconds after Jerome steps down

Jerome is the only adult left in the room.

>>60522950
Your response make it even more convincing that mutt retards neocon glowniggers are astroturfing this whole site to try to brainwash approval for war with Iran. Keep it up glowie, doing all the work for us!

>>60522933 (OP)
Jerome has to keep rates high

>>60523154
No they don't. Borrowing rates for all debt are measured against treasury yields, and treasury yields are determined by the market. The last time the Fed cut rates, treasury yields went up and so did borrowing costs.

The only way the Fed can lower rates is by purchasing treasuries directly from the government to create artificial demand. This is called quantitative easing. It's a convoluted way of printing money and creating inflation.

The Fed has the ability to raise interest rates and force banks to increase borrowing costs. The Fed cannot force banks to give you a loan at an interest rate lower than they would get by buying treasuries. That doesn't make any sense.

>>60523198
you might want to look up the difference between bond yield rate and coupon rate. borrowing rates follow the prime rate which follow the fed effective rate.

>>60522933 (OP)
I have $6 worth of BTC, the store of value. So I'm very rich and the FED doesn't scare me.

>>60523226
Then why did borrowing rates go up when the Fed lowered the effective rate?

>>60522933 (OP)
If this retard didn't use tariffs we probably would've already had a cut by now.

>>60522933 (OP)
Isn't a massive rate cut a poisoned apple at this point? It's the last straw measure going into an economic crisis.
So you'd get a pump, but not like the 2021 pump. The stock market would kill it with quarterly reports, and you'd have to time the exit to not end up poorer than without cuts.

>>60522950

>>60523271
honestly the us economy needs a raise, but the plan as I see it is just wait until jpow ends his term, appoint a new guy and just cut like a maniac. It will save the ""us goverment"" more than 1 trillion a year

>>60523271
There shouldn't be a massive cut. They should have started this month at the latest easing into a few 0.25 cuts. Powell will fuck the economy hard by waiting til the last minute and doing a huge cut.

>>60523281
The Fed should hike rates so that the inflation it created can be absorbed and the economy can heal. Cutting rates and creating more inflation when inflation is already killing the economy is pouring gasoline on the fire.

>>60523303
not my problem (unironically). future generations will work this one out. worked for boomers, why shouldnt it work for us?

>>60522940
>J-JUST TWO MORE WEEKS AND WE'LL GO TO WAR

stupid nigger

>>60523060
>Tariffs are inflationary

True, as shown by the lower-than-expected CPI inflation

>>60522933 (OP)
The Federal Reserve is Private and not part of the Government. Trump should know that by now.

>>60522940
And for the goyim, hyperinflation.

>>60523181
This is pretty obvious if you look at /pol/.
They're unironically throwing the white-feather argument that "real men" actually dies for Israel or something.

>>60522950
kek they got mad for being called out

>>60523248
The problem isn't the one retard. It's the collection of retards that voted the retard in that insist that they know better than subject-matter experts. This is the cancer rotting our society.

>>60524065
>(((subject-matter experts)))

Why is Trump so retarded? Does he know the fed doesn’t set rates? If Jerome had to cut the 30 year would dump and he’d be forced to bring the front end down.

If he randomly cut 200 bps tomorrow the back end would explode higher. Mortgage rates would go to 10%

>>60522982
>now that Inflation is under control and stable he keeps it over 4.
Have you actually listened to the fomc? Tariff uncertainty and effect on inflation is a major concern which is why everyone knew already rates would stay. You beter hope tariffs don't cause a lot of inflation and ingrained inflation expectations, because that will force the fed to raise rates. The ceiling for rates is probably 7% before shit hits the fan.mkjw2

>>60525463
Meh, offering low dtd short term rates sets a bottom. Control of the curve is harder, but they can do it with lsaps/qe.

>>60523328
>raising costs does not increase prices
>increased prices do not constitute inflation
You have to go back.

>>60523181
America isnt joining the war retard

>>60525517
Sooner or later they'll have to.
There's 40k american military men in the middle east. Any one of their deaths could result in an invasion. Iran could take the blame no matter who attacks those americans.

>>60523198
Front end yields are controlled effectively by the Fed and 35% of all outstanding US debt has a maturity of less than 1 year. 75% matures within 5 years. Fuck 10% is FRNs that are floating rate tied directly to short end SOFR.
Which is exactly why the want Powell to lower rates. Reduce immediate borrowing costs and hopefully roll it over into a slightly longer maturity stuff at lower rates.

Thankfully Powell doesn't give a shit about US financing costs though. His job is to keep inflation low while maintaining employment, and since the labor market is being resilient he has absolutely no reason to cut rates right now.

>>60525517

>>60522933 (OP)
The flogging will continue until the euro is at $0.95

>>60525810
>Thankfully Powell doesn't give a shit about US financing costs though

civil disorder is a pretty strong reason for US gov financing. FED will the BOJ-dance sooner or later.

>>60523060
>>60523328
>>60525510
tarriffs are disindeflationary

>>60523134
Bitch I’m royalty. And I gave you the keys to the kingdom

>>60522933 (OP)
12 Member of the fomc have vote the same.. he dont say a word about the other cause it makehim look less retard..

>>60523134
>>60528450
you are both completely retarded and probably the color of shit

>>60525510
>increased prices do not constitute inflation
that is correct, you fucking retarded nigger
because no one is buying at increased prices
therefore it's not inflationary

Inflation is creeping up to 2.6 - 2.7 this month according to CPI nowcast and Polymarket so no rate cuts for you.
See you in Q4.

>>60522933 (OP)
It has to be that one the reasons he is keeping them high is because he hates drump. Didn't he slash them during the elections for Biden

>>60525510
>I learned about the intricacies of macroeconomics in a 45 second clip on tiktok

>>60522933 (OP)
Personally I think he should do whatever trump tells him and then we can get an accurate measure of exactly how stupid republicans are.

I bet we'd take half the country off the voter list.

>>60528925
but also, paradoxically, higher rates have had no effect on the economy at all

this is what we're supposed to believe

END THE FED. We the people demand it!

>>60529005
Periods don't work for that sentence.
You have to punctuate it with explosions and death.

>>60528955
>has no argument
>provides no argument
Gtfo retard.

>>60528852
>because no one is buying at increased prices
Just stop buying steel bro, just don't buy food bro, stop buyi g shit from chyna yo, if everyone just don't buy inflation will stay away. Fuck the absolute state.

>>60529221
Yes. Literally yes. That's what's been happening for years.
People are not buying shit. They are just collapsing into their cheap goyslop/entertainment prisons.
That's what covid was designed to train them to do as economic austerity is implemented.

>>60529264
Did you even read what he typed? Or are you just retarded

>>60523303
Turning off the money printer would destroy the American economy at this point, everything is centered around it.

>>60522933 (OP)
No, fuck you

>>60529330
I don't disagree with you but the longer we head down this path the more and more we digging our own grave. But we are pretty much already at the point were things are unfixable

>>60529378
It's a damned if you do and damned if you don't situation, but one damnation can be kicked down the road indefinitely whereas the other would be a great shock to the economy. Our leaders generally prefer long term pain over short term pain, for obvious and self-evident reasons, so chances are we will keep the money printer going until some unexpected event comes upon us.

>>60525815
2 more weeks to flatten Iran

>>60525502
>The ceiling before le shit hits the fan is 4, 5, 6, etc....
You people will live in Weimar until a fuhrer gets you out of it.

>>60529385
Yea no politician is going to shit about it until they have to9

>>60522933 (OP)
The one thing I expected from this orange sack of shit is that he would cause crypto and stocks to pump and he managed to do the complete opposite.
What a fucking cunt.

>>60530435
Complete and utter incompetence always reveals itself.

>>60530435
No, the pump was just frontran by parasite whales circa November 2024. Now you got dumped on because of the "le tariff narrative" gaslighting excuse. The truth is they were already planning this pump and dump heist automatically if he won the election, which he did so their plan worked for them.

>>60530360
>hits his strawman with a wet noodle
Do better.

>>60529385
>>60529378
the economic problems are secondary and symptomatic of the real cause

people have just devolved into retarded animals that are totally dependent on a central authority to survive and function.
they completely depend on modern industry to overproduce everything they need so they don't have to compete or do any real work.
they authorize whatever the biggest liar wants to do because the biggest liar will tell them it's a good idea and they will believe it.
so now half the population or more are shitskins, the economy is completely fake and stagnant, nothing is being invented, etc.

there is nothing to work for here, nothing to build.
everything is totally choked.
the only thing to do is to collapse society and kill them all

>>60522933 (OP)
Based Jerome, I hope inflation from the tariffs will allow him to fuck that fat orange baboon by increasing interest rates to punish Trump for renigging on his promise of a balanced budget. At minimum keeping rates where they are is the right call.

>>60522940
AHAHAHAHAHAHAHAHAHAHAHA

>>60523322
Amazing how well this post aged in just a few days.