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Quick Navigation Bottom Misc
Forum ยป Fuk the Fed. Srs.
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Thread: Fuk the Fed. Srs.

post 1621110511 11-01-2020, 08:21 PM
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#1
  1. lockdev
  1. lockdev
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Fuk the Fed. Srs.

Got my monthly statement back on Vanguard.

0.04% return on Federal Money Market.

Meanwhile, asset inflation is through the roof.

WTF is this chit.

Fuk the Fed and their legal theft. Srs.
Misc Entrepreneur Crew
post 1621110811 11-01-2020, 08:24 PM
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#2
  1. Underwrought
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  1. Underwrought
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Originally Posted By lockdev⏩
Got my monthly statement back on Vanguard.

0.04% return on Federal Money Market.

Meanwhile, asset inflation is through the roof.

WTF is this chit.

Fuk the Fed and their legal theft. Srs.
Leolaugh.jpg

Their target inflation rate is above 2% now. Money markets/bonds are a giant ass fuk bubble waiting to pop.
post 1621110881 11-01-2020, 08:25 PM
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#3
  1. headturner1
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  1. headturner1
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Chase that yield son
post 1621110971 11-01-2020, 08:27 PM
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#4
  1. lockdev
  1. lockdev
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Originally Posted By Underwrought⏩
Leolaugh.jpg

Their target inflation rate is above 2% now. Money markets/bonds are a giant ass fuk bubble waiting to pop.
Like everything else brah.

The whole thing is going to topple.

RIP US and A.
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post 1621111051 11-01-2020, 08:27 PM
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#5
  1. ErnieMccracken
  1. ErnieMccracken
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lmao @ the fed. Remember - socialism is cool, but only for the wealthy and big corps. We get rugged individualism.

post 1621111131 11-01-2020, 08:29 PM
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#6
  1. AustinMathews34
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  1. AustinMathews34
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Thats the point.

Your money will be inflated away unless you put it into US assets. Which you should do anyways. Stop being a money market fgt srs.
post 1621112131 11-01-2020, 08:39 PM
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#7
  1. A-GAME
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  1. A-GAME
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That was always the plan lmao
Still Cuckin On Four Fours, Wrapped In Four Voes
post 1621112281 11-01-2020, 08:42 PM
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#8
  1. OliverHeldens
  1. OliverHeldens
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Lol, yes that's the point. They are trying to encourage cash to enter assets and not stay in boomer bank accounts doing absolutely nothing to stimulate the economy. This is how the Fed is encouraging boomers to pass down their knowledge to younger generations.
post 1621113511 11-01-2020, 08:54 PM
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#9
  1. Omnivium
  1. Omnivium
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Why do you have your money in something that gets you 0.04% return? Put it in stonks brah
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