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re: Powell no longer believes inflation will reduce

Posted on 5/14/24 at 10:18 pm to
Posted by dcrews
Houston, TX
Member since Feb 2011
30224 posts
Posted on 5/14/24 at 10:18 pm to
It's 100% up for debate.

The economy IS NOT THE SAME AS IT WAS 30-40 YEARS AGO.

Again, no one gives a shite about your false sweeping generalizations.
Posted by SquaringCircles
Member since Sep 2021
1482 posts
Posted on 5/14/24 at 10:42 pm to
I'm basically retarded at economics. But I have 2 thoughts: 1) the boomers were bought off while equity offshored industry, poisoned their kids, and turned the US into a casino. Yet they blame us. Those of us who escaped autism and myocarditis and found a way to meet our basic needs will not miss them when they finally depart this stage. From greatest to worst generation in one step. 2) money is so unreal to me now. When they just shat out cash to everyone using IRS info, or when they spiked the child tax credit, all pretense was lost for me. So while I respect the need to play the game to acquire what I need to survive, I do not respect the game. I believe all of this will collapse in my lifetime. It has been engineered to collapse.
Posted by UncleFestersLegs
Member since Nov 2010
10994 posts
Posted on 5/15/24 at 6:19 am to
quote:

The economy IS NOT THE SAME AS IT WAS 30-40 YEARS AGO.
why?
Posted by AgSGT
Dixon, MO
Member since Aug 2011
1659 posts
Posted on 5/15/24 at 8:40 am to
quote:

Again, no one gives a shite about your false sweeping generalizations


I didn't make a false sweeping generalization, that is what you are doing, I pointed out a fact, more young people live in urban areas as compared to previous generations
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