Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
The NASDAQ dropped another 4% today. Did you hear Biden cut the deficit more than any president in History? And those Ultra MAGA/MEGA people..whhhoa boy. Bad dudes. Like Corn Pop.
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@HoustonHusky @UW_Doog_Bot
There were some other Inflationary Worry Bros on it too, and I apologize for their omissions here. But Houston and Doog_Bot are my? macro economis monetary policy experts, so I mostly just listen to them.
You?
Payment in rubles getting you down?
Just take the L and stfu.
I'm not sure who is more fucked, them or us. Probably them. Hopefully them. Hope you have cheap gas and food stores...
The real question now, begs, will simply raising interest rates take care of it?
I don’t think so. Too many other systemic issues with supply. Issues that we haven’t endured in the last 45 years. And even then it was just gas and oil.
China is closed for business. Zero covid means zero covid. We are going to have shortages of things of all manner. The only thing that might temper inflation is a crashing economy with deflationary pressure.
I'm sure Pelosi bought the dip.
Just curious.
Keep us updated on your stock market moves.