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Sep 21, 2022
4:57
:16
pm
rcbyufan
Truly Addicted User
You can buy large non-perishable items for CHEAP. Lots of deflation if you know
where to look. Big stores with loads of inventory and nobody to buy the big items because we're paying $6 for a carton of eggs and the free debt has dried up.
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rcbyufan
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rcbyufan
Joined
Aug 18, 2010
Last login
Apr 30, 2024
Total posts
31,675 (1,086 FO)
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Messages
Author
Time
Fed raises rate 75 basis points ( as expected), signals that more rate
BigD Coug
9/21/22 12:25pm
Didnt have the stones for 100
Backcountry
9/21/22 12:29pm
Disagree there signalling that they'll keep FFR above todays through 2023 and
shamc
9/21/22 11:13pm
So shortsighted:
JDBlue
9/21/22 12:30pm
doing the right thing years too late is better than nothing
SingleStrapBackpack
9/21/22 12:31pm
Should have done this about 4-5 years ago.
Mitty
9/21/22 12:40pm
I'm surprised it wasn't 100bp
HuskerFan2
9/21/22 12:33pm
I think the "soft landing" ship sailed years ago when we kept kicking the can down the road
SingleStrapBackpack
9/21/22 12:37pm
They haven’t said soft landing in while. And Powell’s comments recently
cougarfann888
9/21/22 12:40pm
The inch-by-inch approach to deal with inflation just extends pain out for years
JDBlue
9/21/22 12:52pm
Um... I was told inflation was transitory.
flyzag
9/21/22 1:31pm
Good start, but a few years too late.
Division Bell
9/21/22 12:44pm
Why? I was told that inflation was under control and/or finished in June.
panacablue
9/21/22 12:47pm
It’s still transitory inflation right?
SwanSong
9/21/22 4:54pm
You can buy large non-perishable items for CHEAP. Lots of deflation if you know
rcbyufan
9/21/22 4:57pm
My guess is that they will overdo it and then have to pull back. I don't know
LifeLongLakerFan
9/21/22 1:08pm
Paul Volcker raised interest rates 10% in 6 months to break inflation; Powell raised only 3% in that time span.
roseyscenario
9/21/22 8:44pm
Was Volker's inflation below 10% though?
shamc
9/21/22 11:15pm
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