Joe Biden renames Jay Powell to lead the Federal Reserve, Risking Intense Backlash from his Supporters

[xfactor]

 

[Nzinga]

Joe Biden is a very stubborn old man.

 

[APOPHIS]

Money printer continues to go brrrrrrrrrrrrrr.
Expect more insider trading, negative rates, and, more rounds of QE.

Buying more cryptos.
I have slightly less than 5% in US dollars as holdings.
Just enough to cover my monthly cost of living.

 

[xfactor]

Joe Biden is a very stubborn old man.

I’ll actually give him some credit for being one of the first politicians to tell the truth. He said “nothing will fundamentally change” and “LGBT was his top priority”. He was right on both. This is going to be a disaster to people that don’t understand the money and banking system, which is 95%+ of people.

 

[xfactor]

Money printer continues to go brrrrrrrrrrrrrr.
Expect more insider trading, negative rates, and, more rounds of QE.

Buying more cryptos.
I have slightly less than 5% in US dollars as holdings.
Just enough to cover my monthly cost of living.

The amount of theft going on is unprecedented and people have no idea they are being robbed blind. Hyper-Inflation with interest rates at damn near 0%. I don’t think people realize how serious of a problem that is.

 

[APOPHIS]

The amount of theft going on is unprecedented and people have no idea they are being robbed blind. Hyper-Inflation with interest rates at damn near 0%. I don’t think people realize how serious of a problem that is.

BGOL loves ol' uncle Joe.
He just gave them another biscuit stimulus. Baffoons!

They made the impossible possible. SMH...
When it comes, expect the greatest downturn since 1929.

 

[SPECTRE1]

Somebody posted about some Nigerian dying unexpectedly before winning a contract for $125 million, he did not know about the second person rule. I had some issue until I starting seeing the cray and realize this is not a simple dispute, than I like it is not worth pursuing because of some bizarre belief system - better to deal with other countries with a better grip on reality.

It is a failed ideology but who am to determine what is right or wrong, it is a marketplace - there will be long term consequences when people start to disfavor one group.

 

[xfactor]

I’ll actually give him some credit for being one of the first politicians to tell the truth. He said “nothing will fundamentally change” and “LGBT was his top priority”. He was right on both. This is going to be a disaster to people that don’t understand the money and banking system, which is 95%+ of people.

How are things looking almost a year later?

 

[lightbright]

How are things looking almost a year later?

Yeah the coon's on Coon patrol.... digging up year old threads to shamelessly bump your old posts..... slow night in the woods huh..... coon?

 

[phAsE3]

Same hustle, bugger scale.

 

[illdog]

The ghosts are calling grampa home...

 

[xfactor]

 

[lightbright]

Your coon ass can't even bump your old "nobody cares" thread with some seemingly relevant information.... stoopid coon....

.

 

[55th View]

Fuck his political party. I'm more shocked that he's a white boy named Jerome.

 

[SPECTRE1]

They need to ditch this fool just like Bernanke and have me running the Federal Reserve. He is a bureaucrat mimicking what was done in the past. He lacks self awareness and being able to see the big picture.

 

[xfactor]

How are things looking almost a year later?

Two years later. How is the economy looking?

 

[SPECTRE1]

It costs the FDIC $20 billion plus First Citizen is only paying $16.5 billion, the market cap was $50 billion before. Many of these banks are taking out loans paying billions of dollars at a high Fed funds rate to boost liquidity which can't be invested to earn money.

This is what a ban can do for you...

 

[xfactor]

 

[Mask]

Man I haven’t been paying attention to this. I’ve been focus on the multiple conflicts.
Some of my post often are quoted with the notion, that our economy is doing way better than this one or that one, seem like those quotes were lies