RESIGN OR CUT THE RATES YOU FUCKING DEMOCRAT PIECE OF SHIT. MY ASS FUCKING HURTS FROM EATING BEANS AND RICE FOR 7 MONTHS STRAIGHT. I CAN'T GO OUTSIDE BECAUSE I FART TOO MUCH. I BET MANY /BIZ/ ANONS CAN RELATE. YOU PIECE OF SHIT, OUR LIVES DEPEND ON IT. CUT THE DAMN RATES OR FUCK OFF, NIGGA

>>60673851 (OP)
He did a good job.

>>60673851 (OP)
Only official appointed by Trump that has not been a retard at their job

>>60673863
that's why Trump wants him fired

>>60673851 (OP)
Lower the rates, Jerome. I promise we'll let you enjoy the young virgin blood.

>>60673851 (OP)
He's pretty universally hated by most.

He’s holding the line after drumpf and farts his pants Biden printed a gazillion freedom bucks

>>60673863
>>60673856
KYS YOU POLITICAL PIECE OF SHITS. THIS IS NOT A POLITICAL BOARD. WE ARE ALL HERE TO MAKE SOME BUCKS. GO BACK TO /B/

>>60673884
This so much, but if your only contact with humans is /pol/

>>60673905
Even the generic reddit liberals are saying he should go and they usually just blindly default to whatever is the opposite of Trump even if it's something thry would normally support. Most normies don't even know or care who Jerome Powell is though.

>>60673851 (OP)

He should raise rates

>>60673900
what's the point of making money if that money is worthless?
look at turkey and the lira

>>60673851 (OP)
you are a genuine retard

>>60673856
He is like a europoor, desperately trying to relevant when all the macro forces in the universe are against that

>>60673945
why does /biz/ hate europeans so much?

>>60673851 (OP)
raise rates to 20%. fake tech companies (SaaS, LLMs, etc.) need to fail and home prices need to crash. normgroids losing their fake jobs will be icing on the cake.

>>60673936
what if rates disappeared?
no lending. Illegal. Guantanamo.

Only gifts and purchases allowed.
How did no one think of this before?

>>60673851 (OP)
How come high interest rates is argued to be economically beneficial? I don’t understand how paying a higher premium to Jewish central bank in any shape way or form be considered a good thing

>>60673958
did you not see what happens every time rates went to 0?
the price of fucking everything skyrockets

>>60673958
when credit is too abundant retarded people use it to bid up the prices of assets they couldn't otherwise afford. this is why new cars are like $50k.

I am joining the other guy in the other thread. So many pointless Powell threads spammed here. If he does not resign today, I will sell all my Bitcoin and become an ETH maxi

>>60673851 (OP)
THIS NIGGA GAY AND EATING BEANS

only place I'm seeing Powell as a topic is on 4chan. they spyop is just testing the waters and it's not going well. they keep tearing the waters and I don't think much has changed. it's just more and more retarded shit being thrown against the wall and none of it sticks.

He did an excellent job at keeping the goyim cucked while giving the cantillionaires plenty of time to frontrun assets. Can’t have greedy goys trying catch up to the pedo elite

>>60673999
??? powell wasnt responsible for the PPP gibs-o-rama.

>>60673963
People who post here want that. Paycheck to paycheck normies don't.

>>60673851 (OP)
The rates need to be increased. Housing prices need to halve, at least

>>60673851 (OP)
Objectively speaking rates need to go up. He shouldn't have given the three cuts he did during the election season. Realistically we should be at 6-7% if he actually did his job instead of having to political pressure.

>>60674038
He gave the PPP money out only after assets were overvalued from the frontrunners. They’re crafting the same type of situation now. The top 10-20% have already packed their bags, now it’s time to flip the switch

>>60674141
Housing prices will go down if supply outpaces demand. For that they need to cut rates and rollback lending regulations

>>60673851 (OP)
this

>>60674178
Both of those increase demand and do nothing for supply. Rates need to go up.

>>60673851 (OP)
>DEMOCRAT PIECE OF SHIT
he's republican you dunce

>>60674254
Rates going up won’t increase supply either as home builders won’t take out construction loans

>successfully & gracefully lands the economy despite drumpfs clown policies
>gets depicted as the villain

>>60673851 (OP)
The fact he's citing possible tariff inflation which is fucking absolutely asinine and there is no monetary expert who believes that oh no 3.5% inflation, using recency bias and the lefts hatred for Trump shows he's being political, we will see who's laughing when the white collar apocalypse happens and the fed is this tight, you can always move to NYC and join the cause comrads.

>>60673953
If being a selfish moneygrabbler with dysfunctional zoning, shitboxes and no class turns out to be optional and indeed not optimal, it would mean they were all selfish greedy gluttons instead of team america. Since that is, of course, unacceptable it follows non muricans the 'Europeans' must fail to justify their own shitbox existence.

>>60674168
PPP money was a bill Congress passed you retard

>>60674682
NYC isn't very clean

he's cutting in September

>>60673851 (OP)
Why not just pick a new chair in 2026? His term runs out next year. All you have to do is just wait it out, why try and force his resignating and firing now.

>>60675378
Trump will pick the biggest dove of all time

>>60674453
They weren't taking out those loans to a meaningful degree when rates were lower. Why would they magically start now?

Raise rates, remove NIMBY restrictions, ban zoning laws.
/thread

>>60673851 (OP)
You deserve it dege mortgage fag. Just sit in your shit box a little longer maybe someone will give you an offer for it in a couple of weeks kek.

>>60673851 (OP)
imagine when he's replaced and rates are finally cut

>>60675378
Time is money.

>they thought powell would respond to the fake news
>calling the guy that literally implements economic policy outside of the ideological frame of both political parties "political", even though he was appointed by the same president
americans are crazy. like, mentally ill.

>>60675377
This. How do you all not understand that cutting rates will be the sell signal and the top of this cycle

>>60675955
it'll be a sell signal for some but for most they will be looking for the next bubble to take advantage of before the inevitable bust. it'll overheat before it busts.

>>60673851 (OP)
Screech and cry retardlican

>>60673936
based

>>60675955
>cutting rates will be the sell signal
literal brain death moment from you

>>60673851 (OP)
>MY ASS FUCKING HURTS FROM EATING BEANS AND RICE FOR 7 MONTHS STRAIGHT
You're supposed to cook them first.

>>60673900
It's literally not political you glubbering retard.
If you don't want the USD to turn into monopoly money and have packs of unemployed retards who will shank you for a loaf of bread, then this man has been phenomenal

>>60676260
having someone that can buy infinite treasuries to fund government, but that someone is chosen by the US president, is political
lol

>>60673936
this

so long as women spend $50 on ubereats and get paid $200k to be 23 yo consultants the economy isnt fixed

>>60673851 (OP)
Trump's weak.

>>60673953
Yuropoors are gay

>>60674304
Only in name, you retard

>>60673851 (OP)
High-IQ bros, come to my fresh thread to continue discussing Powell's actions through the lens of Luongo's theory: >>60678489

>>60675996
Retard, markets are forward looking. We are pricing in the rate cuts right now. Go back and look at history, when rate cuts occur it’s because it has to in order to get the economy jump started again

when Americans wake up they are gonna crash the market so hard

>>60673851 (OP)
this giganigga has brass balls
anything Donald Trump wants, is for Donald Trumps benefit. Donald Trump is unironically very stupid. he wants a rate cute to pump the economy because his tariffs are going to start doing damage now.

>>60678919
kinda sucks but i hope it makes houses more affordable. I don't want to pay $400k for a fucking townhome

>>60679035
so move
https://www.zillow.com/homedetails/51-Warwick-Rd-Little-Rock-AR-72205/340441_zpid/

>>60679050
Kinda hard when my fiancee has to go into the office for work and has her dream job. I'm fully remote so I would if I could.

>>60679061
convince her to move.
you're fully remote. she can figure something out.

>>60679069
Yeah not gonna tell her to give up her dream job. We'll get there eventually but wanting more reasonable prices isn't a ridiculous thing to ask. Just gonna take longer given current prices to be able to buy. I don't want to buy without a proper down payment

>>60679086
it would take an epic market crash to drive prices down substantially. so much supply was gobbled up during COVID... it's unironically over dude. you are not getting better prices in your area unless the bottom falls out.
just my $.02

>>60679098
I dunno I honestly figured if the markets were shit the prices would come back to a reasonable price desu. I guess we're cooked
I just don't actually see how these prices are sustainable. Even fucking trailer homes here can get up to $100k. Who is actually affording these prices to keep them going?
(full disclosure I'm retarded and probably don't fully understand the housing market so these are legitimate questions)

>>60679124
i don't own yet so I can only tell you what I have heard. took an uber the other day, old white guy. he had been living in CA. sold his house, bought three in my town. 1 for him, 1 for his kids, 1 to rent out.
this is a pattern in lots of places. as expensive as it is where you live, it's more expensive on the coast. unfortunately, boomers have more capital than you and I, and are taking advantage.

>>60673856
bro sirizly