That wasn't printing, it was debt spending on poorly targeted stimulus.
Printing occurs when commercial debt is issued (banks invent new money to fund loans) or when the fed magic money in to the base (QE).
This is what base looks like over a few decades, Bernanke (PBUH) was the first chair to do QE.
With the exception of the 2020 round none of that escaped in to supply (was not inflationary). 2020 did escape a bit because the fed decided to purchase a bunch of corporate paper, it had a negatable effect on inflation though (mostly via labor push) and instead just resulted in all the buy-backs and acquisitions around rona. Powell is pretty r-slurred, they could have influenced corporate borrowing costs without giving an unneeded bailout.
collectijismMien/Fuhrr
yahweh gave us human faces to spare the Jews the distress of having servants who look like animals
uncle-ruckus 1d ago#8024119
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The fed bought a ton of mortgage backed securities too stop another 2008
collectijismMien/Fuhrr
yahweh gave us human faces to spare the Jews the distress of having servants who look like animals
AnnoyinTheGoyim 1d ago#8024121
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When you play wow in a apartment in no man's land with 40 year old carpet and eat expired meat that goes along way
According to you we should all be shaking in our boots bcuz NOTHING IS SAFE, and in this new thread you're suddenly gloating about being okay. Moronic.
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With the economy this bad you might have to start eating expired meat, maybe pick up a side job stocking shelves.
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i spend basically no money and have enough cash to live for years with no job, I won't be the one getting fricked by trump.
i will likely be fishing for crabs in portland as a side hustle tho
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what if ur saved cash becomes worthless tho, historically this happened before many times
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unlikely
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did you forget when the US government printed trillions during COVID and crashed the value of the US dollar
it could happen again
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That wasn't printing, it was debt spending on poorly targeted stimulus.
Printing occurs when commercial debt is issued (banks invent new money to fund loans) or when the fed magic money in to the base (QE).
This is what base looks like over a few decades, Bernanke (PBUH) was the first chair to do QE.
With the exception of the 2020 round none of that escaped in to supply (was not inflationary). 2020 did escape a bit because the fed decided to purchase a bunch of corporate paper, it had a negatable effect on inflation though (mostly via labor push) and instead just resulted in all the buy-backs and acquisitions around rona. Powell is pretty r-slurred, they could have influenced corporate borrowing costs without giving an unneeded bailout.
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All these words when you could have just said fiscal vs monetary
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It's econ, I'm going to be needlessly verbose.
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saved, will read this later
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The fed bought a ton of mortgage backed securities too stop another 2008
Trans lives matter
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The MBS program is fine, it doesn't escape base and simply forces banks in to higher yield capital which keeps credit costs low.
The $200b of CP they bought is an issue because it's literally not QE.
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i made a ton of money during covid
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why would you brag about something like that? People were dying
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Thankfully a lot of chuds.
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Hate to break it to you, but a few hundred dollars isn't a ton of money to most people.
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When you play wow in a apartment in no man's land with 40 year old carpet and eat expired meat that goes along way
Trans lives matter
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Trump is working on deflation right now by cranking up tariffs so high most Americans will have no money
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king shit
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And yet you still want to emigrate to America. Interesting π€
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He'll simply keep his cash in egyptian pesos to protect it from inflation
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He's stocked up on frozen chicken meat, which he can resell once the $ tanks.
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Lol this is you
https://rdrama.net/h/pol/post/354954/thwank-yuo/8021959#context
According to you we should all be shaking in our boots bcuz NOTHING IS SAFE, and in this new thread you're suddenly gloating about being okay. Moronic.
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No investments, cash is probably fine.
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You have no cash, your all in on NVDA?
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I have proven i have cash on this website numerous times, so you are clearly wrong.
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You HAD a small amount of cash, you spent it on $100 NVDA to somehow reduce your basis from $112 to $90.
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Lol then it won't be as bad as you make it out to be.
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It will be for the majority of tards that have no emergency fund, which is 80% of chuds.
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Economy gonna crash like it always has and climb back like it always has. Just admit you know jack shit.
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lol, cash is not "fine". Im buy hundreds of cartons of premium cigarrettes, thats valuable in any economy
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Menthols
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Pizza has the cutest peepee sucking lips... He'll never starve.
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Frozen meat never loses its value.
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Wrong!
EVERYBODY gets fricked by trump. EVERYBODY! No slackers allowed!
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when youre rich and famous they let you do it
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Oh shit I'm so sorry
Link to your gofundme?
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Isn't this Portland slang for 'becoming a prostitute'?
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Your entire net worth is in NVDA, you probably can't even cover one month of rent.
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Lmao ok
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what is it with dramatards and crab fishing?
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Ew, they're gonna taste like fentanyl and "craft" IPAs
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fricking prossies is not a side hustle
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