BS ANSWER JP! The current

    Posted by icecoldjones on 1st of May 2024 at 03:11 pm

    BS ANSWER JP! The current rates are not doing their job because inflation is increasing again. Just because we don't have the super high rates we saw 2 years ago, doesn't mean they still aren't high and getting better! People believe this TRASH and JP has gotten so good at the narrative. Just raise the Fed Rate to 7% and lets get this over with! The lower and middle class is going to get demolished soon and there will just be extreme gap between lower class and upper class soon with the middle class non-existant. 

    IMHO, current rates aren't doing

    Posted by tradeit007 on 1st of May 2024 at 03:37 pm

    IMHO, current rates aren't doing their job fighting inflation because this inflation is driven by shortages and not interest rates ot money supply. Plus, I believe their is the myth that the FED can control long-term interest rates. 

    Shortages without printing would not

    Posted by DigiNomad on 1st of May 2024 at 03:43 pm

    Shortages without printing would not lead to inflation - it would lead to substitution. All inflation is ultimately caused by the Gov (name the famous economist that said this  )

    And I agree that the Fed does not control long term interest rates....until you start with YCC...massive QE.  Even then it's questionable because the numbers get so big. That's why every bail out is magnitudes larger than the last...because we print to get out instead of solving the underlying issues....then the next time we have reset price levels and have to print even more to have the same effects. 

    Honestly I think your problem

    Posted by mastermind on 1st of May 2024 at 03:19 pm

    Honestly I think your problem is that you only look at the market from one perspective, and that is with a bearish bias. You need to be flexible to the market direction. I have the opposite problem in that I'm a much better bull than bear. So I try to be open to the bearish perspective of others and take advantage of the opportunities that are offered. 

    Oh, I definitely do sound

    Posted by icecoldjones on 1st of May 2024 at 03:58 pm

    Oh, I definitely do sound like that mastermind and that's only because I've been short and losing my ass the last few months. I think we will crumble soon and I'm just too early (kinda like Blurry LOL)...    with that said, once I sell these shorts soon, I will be full bull for the long term. I can't keep taking these big bearish bets if I ever want to retire early.

    Yep. You can hate how

    Posted by DigiNomad on 1st of May 2024 at 03:29 pm

    Yep. You can hate how they are printing money and inflating their way out of all problems and gaslighting all of us along the way (I sure as hell do), but it doesn't help to trade against it. Just makes it worse.  Consider them guilty as charged and then figure out how to profit from the effects of continuous currency dilution.  There have been ZERO hints that they have any concern or plans to stop the spending and printing - in fact they just surprised from an expected 200 billion to 240 billion and raised the out quarters....so they are openly accelerating, not the other way around. That will inflate asset prices. Maybe not tomorrow, but it will inflate them. 

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