davesmith001 t1_jefd3rr wrote on March 31, 2023 at 4:35 PM

Reply to comment by erickssm in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover

And yet the fed claims to not be able to spot inflation. Those clowns are treasonously regarded.

davesmith001 t1_jacx11u wrote on February 28, 2023 at 3:17 PM

Reply to The Fed is yet to catch up to the Taylor Rule estimate by Surlax

Only 5% away. Barely over the half way mark.

davesmith001 t1_ja7a628 wrote on February 27, 2023 at 11:05 AM

Reply to All these recent comparisons to historic charts and other data on recessions and crashes - something more puzzling sticks out to me… by TheyPromisedMePie888

Amazing article on the subject. Answers all your q‘s. https://hbr.org/2014/09/profits-without-prosperity

davesmith001 t1_ja78yzq wrote on February 27, 2023 at 10:49 AM

Reply to comment by EconHuman in All these recent comparisons to historic charts and other data on recessions and crashes - something more puzzling sticks out to me… by TheyPromisedMePie888

People are incentivized to do stupid shit. Prove to me it’s not manipulation.

davesmith001 t1_ja6tz5i wrote on February 27, 2023 at 7:16 AM

Reply to All these recent comparisons to historic charts and other data on recessions and crashes - something more puzzling sticks out to me… by TheyPromisedMePie888

It’s a scheme to manipulate stocks. Given the choice of either retire debt or buyback stock, the former saves you 5% interest and prepares for the recession while the latter does nothing except manipulate stocks temporarily, which is another great reason to greatly penalize buybacks.