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867-5309.

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67. I get it, I just hope it doesn't slow things too much before the mid-terms

Reply to BumRushDaShow (Original post)

Thu Sep 22, 2022, 12:25 PM

Sep 2022

n/t

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Fed raises rates by another three-quarters of a percentage point, pledges more hikes [View all] BumRushDaShow Sep 2022 OP

I Faux pas Sep 2022 #1

I think it's all Hocus pocus! The market, the economy,... NewHendoLib Sep 2022 #2

Pledges to make the wealthier, more wealthy and the rest of us poorer. nt Samrob Sep 2022 #33

Thank you! Faux pas Sep 2022 #54

Shifts preferences from future production to current production mathematic Sep 2022 #3

They seem to be acting like this is a money supply issue TheRealNorth Sep 2022 #13

Interest rates are an opportunity cost. Companies are more likely to produce now than for the future mathematic Sep 2022 #19

I kind of see your point. TheRealNorth Sep 2022 #31

What Faux pas Sep 2022 #56

Our trade deficit hangs out around 3% of GDP, so yeah, we produce plenty here mathematic Sep 2022 #64

Instead of encouraging "borrowing" it encourages "saving" BumRushDaShow Sep 2022 #5

Thank you Faux pas Sep 2022 #57

Back in 1989 when I went to Mexico City and Acapulco BumRushDaShow Sep 2022 #65

if it's more expensive to borrow money melm00se Sep 2022 #7

That's cute durablend Sep 2022 #11

That's cute melm00se Sep 2022 #14

Not in the least durablend Sep 2022 #18

That's not how supply and demand work moose65 Sep 2022 #38

Yes, it's economics 101 really. docgee Sep 2022 #40

Lucky for me Faux pas Sep 2022 #55

Monetarists claim that by doing so, you slow the economy, demand - and thereby prices peppertree Sep 2022 #9

This. This post right here. Everyone needs to read peppertree's post. Yavin4 Sep 2022 #15

Thank you, Yavin. peppertree Sep 2022 #21

And that should put chills down our spines. Yavin4 Sep 2022 #36

Well said peppertree Sep 2022 #49

... sprinkleeninow Sep 2022 #23

Why - thank you. peppertree Sep 2022 #69

I do not like what I'm hearing. I do not trust Powell's 'remedy'. sprinkleeninow Sep 2022 #70

Yeah. Sounds more like a POLITICAL remedy, than an economic one. peppertree Sep 2022 #71

I Faux pas Sep 2022 #58

It makes it more expensive to borrow money, thereby slowing the velocity IronLionZion Sep 2022 #10

Perhaps the Military could be used for construction projects MarcA Sep 2022 #28

I Faux pas Sep 2022 #59

The rich would like a permanent service class IronLionZion Sep 2022 #60

Agree! Faux pas Sep 2022 #62

Here's a good article explaining the impact to main street local economies IronLionZion Sep 2022 #63

In general it raises the "price" of money. Xolodno Sep 2022 #45

The economy is overcooked right now. hot2na Sep 2022 #4

I keep asking the same thing ScratchCat Sep 2022 #6

Powell's Fed was 9 months late to end the party, this would have been easier a year ago bucolic_frolic Sep 2022 #8

Markets not reacting yet Warpy Sep 2022 #12

The markets priced in this hike last week Yavin4 Sep 2022 #16

Yeah, I know Warpy Sep 2022 #20

I'm mostly sitting out the market and hunkering down in cash. Yavin4 Sep 2022 #44

Amen. Us, too. nt Nay Sep 2022 #61

I'm still steady buying madville Sep 2022 #66

The rise in interest rates punishes those of us with low income. Paper Roses Sep 2022 #17

This. sprinkleeninow Sep 2022 #24

"How about raising the taxes on the rich and corporations" BumRushDaShow Sep 2022 #26

Unfortunately this is too often the "solution". n/t MarcA Sep 2022 #27

Everyone except the rich are punished on these phony hikes Bengus81 Sep 2022 #53

Brent Crude falls below $90 speak easy Sep 2022 #22

This is killing the housing market, stock market, 401K accounts, etc... honest.abe Sep 2022 #25

Yeah!!! That'll lower RIP OFF gas prices and food prices......... Bengus81 Sep 2022 #29

I bought stocks on sale back in mid-June after the S&P 500 entered a bear market (more than 20% down progree Sep 2022 #30

My fear is that the FED will cause another recession, which they've often done. Lonestarblue Sep 2022 #32

Love the analogy of bleeding a person to cure them. honest.abe Sep 2022 #34

So the poor can't buy homes or cars. Yeah that's going to solve the problem. NOT onecaliberal Sep 2022 #35

So inflation will be quelled by raising the price of everything nowforever Sep 2022 #37

im starting to think the fed is clueless moonshinegnomie Sep 2022 #39

S&P 500 closed down 1.71%, the DOW down 1.70% (522 points) -- just to set the scene for progree Sep 2022 #41

Yeah, the Fed has pretty much thrown in the towel on the so-called soft-landing, buckle up peoples Shanti Shanti Shanti Sep 2022 #42

"soft landing" honest.abe Sep 2022 #43

We should be happy it won't take the extreme rate increases that Paul Volcker implemented 1979-83 andym Sep 2022 #46

Ughh, I forgot, the S&P 500 is back in bear market territory, down 21.0% from its all-time-high progree Sep 2022 #47

I know it's been flirting with it for months BumRushDaShow Sep 2022 #48

kicking a dead horse, guaranteeing a dead economy. nt yaesu Sep 2022 #50

a few weeks ago i started reading my 1989 grieder book about the fed reserve. secrets of the pansypoo53219 Sep 2022 #51

Well we did have a double dip recession in 1980-82. The unemployment rate reached 10.8% progree Sep 2022 #52

I get it, I just hope it doesn't slow things too much before the mid-terms 867-5309. Sep 2022 #67

My mortgage is 3.125% and $985 a month madville Sep 2022 #68