Fed Rate Cut Incoming: Sleepy Jo Trying To Save Economy For Kamala!!
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What you don't get is that prices get set for a projected supply and demand, not actual supply and demand in arrears.
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Like??
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@Bob_C is falling for this clown’s act?
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Like if I consume a dozen eggs each week and eggs cost $5 today, but I think (based on whatever) they will cost $6 next week, I'll buy 2 weeks worth today and save 9%. If enough people think it will be $6 then the actual demand goes up and it's actually $7 next week instead of $6. The psychological feeling that could be based on nothing leads to the reality.
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Jobs market is already baked in, rate cut won't save it. It will only save wall street for a minute (for the election).
Some of us have seen this dance before.
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Based on what evidence do you make this statement Bob?
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There goes Doog Bot. Do you guys understand that raising interest rates is intended to bring the unemployment rate up? You’re tightening the monetary supply. You dont get to have it both ways. Trumps only policy is to pressure the FED to lower rates again. That’s why he wants to be in charge of it. He’ll cause inflation to happen again.
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Huh? It's basic consumer behavior and micro economics.
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Fuck buying eggs. Get chickens.
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What do you mean again?
