3 ms·
Replacing Lisa Cook or Jerome Powell and cutting rates to 0.
by cosmicgadget 1mo ago
Replacing Lisa Cook or Jerome Powell and cutting rates to 0.
- tialaramex 1mo agoIt's funniest if the economic collapse begins with Republicans still in power everywhere to pretend that things are fine. Once Democrats are elected, even if they're not actually doing anything yet and so couldn't plausibly have any role in the problem the US media will insist it's their fault which is very boring to watch.
- cosmicgadget 1mo agoI think we are primed for the doublethink with six months of Iran being totally defeated and the Strait of Hormuz being open. But yeah, as we saw with covid, cutting rates and qe now means markets surge now and $15 burritos in three years.