Will we see a meltdown later today? What's the likely prognosis of such a move?
>>54272642316 hours of meltys about to start on truth.
>>542726423total collapse of the US petrodollar in 336 hours.
>>542726423What does this mean for normal people
>>542727569Petrodollar hasnt been a thing since Obama We dont need others to trade for arab oil in dollars because we export enough oil to get the dollars we send out back. People have no understanding of what the petrodollar was.
>>542727581numba goes upgooder times
>>542726423they don't have a choice and that orange retard needs to read a fucking book or hire a tutor to properly educate the president.
>>542726423Fuck.Trump's entire 2nd term has been a fucking disaster.
>>542726423Explain this to me in burgers
>>542726423How much of the usa population will actually still believe the fed works for the citizens of the usa?
>>542727581More concentation of assets in the hands of jews
>>542727581Credit becomes more expensive so does everything else. Jobs stop hiring because people demand more, then tank. Leaving them alone was best. >>542727702Burger costs more burgers per burger unit of time
>>542727748Low rates great asset bubbles. Trump is a retard for wanting lower rates right now. 3% mortgages made houses explode in price
There goes my plan to buy a home next year
>>542726423trump needs to turn his attention to the reflecting pool/ballroom and let the adults run everything else.americans, the world is exhausted with your child-president. do something about him, pls.
>>542727748I mean it's all consequences of Trump fucking around.
Needs to be at least 10-12% but it's a start.
>>542727581compound interest
>>542727639We don't want the dollars coming back. That lowers the value of the dollar and makes us poorer.
Muttland needs a 20-30% inflation rate to fund the jewish wars
>>542727525He still has to prepare a melty for Canada along with it. Potentially some nuclear threats thrown into the mix.
>>542728506There's also a Saudi thing, it's really not a good week for Trump
>>542727581The bad news is: businesses are going to spend less on goods and people because borrowing is more expensive.The good news is: this will slightly curb inflation. It's still going to go up, but it'll go up less than it would have if the rate remained the same.
Watching burgers try to understand their own dollar has been fascinating. Next 4 presidents are going to rape them as hard/harder using similar lines now that it's fully exposed as an acceptable story kek
>>542726423>Will we see a meltdown later today?you know it
>>542727581The dollar gets a bit more expensive.
>>542726423COME ON DOUBLE DIGIT INTEREST RATE!
>>542727777fuck me
>>54272941020th century american admins made such good times that the 21st century americans are weaker than paper
>>542726423When you talk to normies (especially Americans), they are angry and demand that prices return to pre-pandemic levels. But they don't seem to understand that prices are never going to go that low again. The only way for prices to return to the level of 2019 would be a deep economic recession.
>>542727777 Checked for TKD
>>542727581what other people said, but not that much actually because the hike was only 25 pointsit will have some effect, but very mild. it feels like a symbolic move to show that they're ready to take on inflation, but without exposing themselves to the considerable risks of a proper increase
>>542726423>THE HAPPENINGS ARE HAPPENING>THE RATES ARE RAISING>THE STRAITS ARE CLOSING>THE BIRTHRATES ARE PLUMMETING>THE MAGNETIC FIELDS ARE WEAKENING>THE NEETS ARE NEETING>THE NUKES ARE DROPPING>THE SHITCOINS ARE DUMPING>THE TARIFFS ARE HITTING HARD>THE REAL ESTATES ARE OVERWHELMING>THE AI IS TAKING OVER>THE BANKS ARE COLLAPSING>THE YIELDS ARE SPIKING>THE PETRODOLLARS ARE DYING>THE BONDS ARE DEFAULTING>THE INSIDERS ARE SHORTING>THE MONEYS ARE INFLATING>THE PENSIONS ARE PONZYING>THE FAMINES ARE COMING>THE MARKETS ARE CRASHING>THE JOBS ARE RECEEDING>THE UBI'S ARE DROPPING>THE DEBTS ARE PILING UP>THE CYBERCRIMINALS ARE HACKING>THE BLACKOUTS ARE COMING>THE WORLD WARS ARE STARTING>THE WEST HAS FALLENIt's over but I still have to go to work tomorrow morning. I'm tired bros, I'm tired of this world. When will it finally be my turn to be on top?
>>542726423>What's the likely prognosis of such a move?It doesn't mean shit. They just playing catch-up with falling bond prices. Only way they can lower rates is by printing shitload of money and making inflation even worse.