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Bank of America expects three Fed hikes this year, says inflation is getting 'unambiguously worse'
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Thread: Bank of America expects three Fed hikes this year, says inflation is getting 'unambiguously worse'
16 hours ago, 02:36 PM
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#1
16 hours ago, 02:40 PM
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#2
There is no 'waiting it out.' People who think things are eventually going back to normal are fooked.
You have to adjust your mind and your skills to a whole new economic paradigm with no precedent and you have to be ready to seize opportunity not just go with the flow.
Going with the flow worked for past generations but this is different. That time is over. You have to be sharp and proactive. Or else your tour is dead as dillinger my friends.
You have to adjust your mind and your skills to a whole new economic paradigm with no precedent and you have to be ready to seize opportunity not just go with the flow.
Going with the flow worked for past generations but this is different. That time is over. You have to be sharp and proactive. Or else your tour is dead as dillinger my friends.
16 hours ago, 02:42 PM
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#3
- hendrixfreak70
- My eyes are up here.
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- hendrixfreak70
- My eyes are up here.
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Originally Posted By SAND⏩
Even if you have a big pecker?
There is no 'waiting it out.' People who think things are eventually going back to normal are fooked.
You have to adjust your mind and your skills to a whole new economic paradigm with no precedent and you have to be ready to seize opportunity not just go with the flow. Going with the flow worked for past generations but this is different. You have to be sharp and proactive. Or else your tour is dead as dillinger.
You have to adjust your mind and your skills to a whole new economic paradigm with no precedent and you have to be ready to seize opportunity not just go with the flow. Going with the flow worked for past generations but this is different. You have to be sharp and proactive. Or else your tour is dead as dillinger.
16 hours ago, 02:42 PM
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#4
- PovertyGhost
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gotta save up and buy a place in thailand and get the fuk out of america before chit hits the fan
16 hours ago, 02:42 PM
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#5
- MarioMiami305
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But oliver said inflation is over, it was just a rise in oil lmao
-germ theory is 100% fake
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16 hours ago, 02:43 PM
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#6
16 hours ago, 02:45 PM
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#7
- OptimusTrajan
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At least we got to experience the peak (90s) boyos.
16 hours ago, 02:45 PM
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#8
16 hours ago, 02:46 PM
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#9
16 hours ago, 02:46 PM
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#10
- dropped40lbs
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Buy XRP now to escape the permanent underclass. You have been warned
15 hours ago, 02:46 PM
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#11
15 hours ago, 02:51 PM
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#12
- edwardhaskell
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Originally Posted By OptimusTrajan⏩
gotta feel for people who only have a have memory of life post great recession (under 30 people).
At least we got to experience the peak (90s) boyos.
15 hours ago, 02:53 PM
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#13
- JeepBruh
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- JeepBruh
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They might have to. If you look at short duration debt coming up the US Gov has to pay, it isn't looking good.
Towards the end of Biden's term, Yellen chose to finance our debt with shorter duration debt at significantly higher interest rates, rather than choosing longer term duration with lower rates. Prevailing theory is she did this to not cause the longer 10yr rates to spike, which would have also caused 30yr rates to spike (mortgages).
They basically kicked the can down the road of major debt issues until after the election. It was a majorly fuked up move that hurt all Americans with the only benefit of making Biden not look as bad in the short term. I remember it distinctly and it didn't get as much attention as what it should have. It was a REALLY fuked up move.
Towards the end of Biden's term, Yellen chose to finance our debt with shorter duration debt at significantly higher interest rates, rather than choosing longer term duration with lower rates. Prevailing theory is she did this to not cause the longer 10yr rates to spike, which would have also caused 30yr rates to spike (mortgages).
They basically kicked the can down the road of major debt issues until after the election. It was a majorly fuked up move that hurt all Americans with the only benefit of making Biden not look as bad in the short term. I remember it distinctly and it didn't get as much attention as what it should have. It was a REALLY fuked up move.
15 hours ago, 02:58 PM
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#14
- Basedbabyy
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Originally Posted By leoaa777⏩
That would be the opposite of inflation
Just get it over with. Crash everything
15 hours ago, 02:59 PM
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#15
- AllLifter
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- AllLifter
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11 hours ago, 07:42 PM
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#16
10 hours ago, 07:53 PM
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#17
- MustardTiger17
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9 hours ago, 08:52 PM
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#18
- OliverHeldens
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Originally Posted By MarioMiami305⏩
It's true. This isn't structural inflation, which is caused by excessive dollars being pushed into the economy. It's going to take a couple months for prices to come back down though. Sharp rises in energy literally impact every part of the economy, but what's actually good is that they lower discretionary spending for much of the population, which actually has brought prices down in many other areas.
But oliver said inflation is over, it was just a rise in oil lmao
9 hours ago, 08:55 PM
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#19
9 hours ago, 09:02 PM
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#20
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