Message from @Procella Eques
Discord ID: 500045868292898846
I had a former IE member try to tell me that Trump was just doing 4D chess and by posting the fake ones, he's making people look up the real ones. *Why not just post the real ones in the first place?*
But to get back to your point, ya, him bragging about the stock market was dumb
Also, the liberals who point out that Trump inherited a good economy and using that as a justification for why he doesn't deserve credit are also dumb
Inheriting a good economy is far worse than inheriting a bad one, because good economies eventually crash and you get blamed, while bad economies eventually recover and you can take credit
Seriously its probably all the jews in the tech industry, soros and globohomo faggots in europe trying to crash the market before midterms
@Procella Eques the Fed rose interest rates
@Procella Eques idk if it’s specific to the midterms, but I see it as somewhat similar to 08 housing. Speculation drove it higher than production could back it, the bankers got the everyday man’s money invested, took the money, then took the houses and property too. Basically an additional consolidation of wealth into their hands
Well I know the fed rose interest rates
Once the Fed raises rates, due to the Fisher effect all other rates will gradually increase. Meaning that the massive loans that everybody from governments to corporations to individuals with credit cards will have diminished operations due to debt.
Greater proportions of a company’s resources will be channeled to paying interest.
terrible timing
If they survive at all.
it has some serious political consequences for doing something like that
It needs to be done tho. Raising rates to normal levels after this overabundance of capital.
you're right but a month before elections
they've been raising them very frequently
it's too much of a risk
I doubt anyone is laboring under the illusion that the Fed would act in ways beneficial to electing R's
^
Yeah so (((bankers))) know that rates are gradually increasing, and are loaning now, to get more interest later. So in effect, by popping the bubble, it becomes bigger beforehand.
I'm just saying ..... wait until after the elections
too much is at stake
they aren't waiting until elections specifically for that reason...
that's why I'm suspicious
the timing is absolutely terrible
election meddling without any way to really prove it
in context it almost feels like a correction to their overplaying their hand on kavanaugh
every headline post kavanaugh has been about how it was a bump for R's and a cliff for D's
Fashwave and anti-EU censorship imagery at 3:06. Pewds' power level is growing...
(Still Kekistan-tier, but I choose to hope...)
Thanos Vaporwave
Thanos Vaporwave
I refuse to believe Pewds isn’t crypto.
Lol
@Jacob This is the "critique" of A Troublesome Inheritance"
Literally just a bunch of academics were like "I don't like that!"
It HAD to start raining six minutes before I get out of work, on a day when I don't have an umbrella... 😑
@Sam Anderson Let me guess... Ahem... "RAYCISS!"