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Posted: 8/1/2019 2:05:44 AM EDT
[#1]
Quote HistoryQuoted:
The Federal Reserve was created because prior to its creation, the American economy underwent regular panics and banking crises in the late 19th and early 20th century. The big bankers like J.P. Morgan assumed the responsibility of organizing lines of credit to smaller failing banks. The ruling class decided to just institutionalize it, to reduce the numbers and frequencies of these panics. Quote HistoryQuoted:
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Why do we let a private bank more or less pull the strings on our economy? The Federal Reserve is as a federal as American Express. I'm not a nutter or trolling, but I've never understood why we give them so much power. Its just a fucking bank. But that doesn't sell the scam quite as well. |
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Posted: 8/1/2019 2:13:39 AM EDT
[#2]
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The real eye opener is that over 13 trillion dollars of government bonds globally are "earning" negative interest. Try and find precedent for that in any place since they built the pyramids. This time is truly different. 
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Posted: 8/1/2019 2:50:13 AM EDT
[#3]
FFS
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Posted: 8/1/2019 3:00:36 AM EDT
[#4]
all I know about this is Ally lowered my savings acct rate .1% a couple months ago, and as far as I can tell advertised loan rates didn't go down with it (I don't actually look into that, just what I happen to notice on my bank websites and whatnot).
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Posted: 8/1/2019 3:47:22 AM EDT
[#5]
I found a credit union offering 6% on the first 1K and created an account.
I wonder if that will be very temporary. 
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Posted: 8/1/2019 8:15:58 AM EDT
[#6]
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And in a strong economy can cause inflation, I don't really feel it's a great sign. Quote HistoryQuoted:
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Uhhh...cutting rates is going to increase the velocity of money. DJIA 30k will be the next significant support level once the rates change. After that, who knows. Making money cheap to borrow is good for business. |
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Posted: 8/1/2019 9:11:26 AM EDT
[#7]
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Nope. And Trump wont be able to stop whats coming. Math doesnt care about feelings. Quote HistoryQuoted:
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We have not recovered from 2008. |
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Posted: 8/1/2019 2:02:52 PM EDT
[#8]
Orange jackass decided to enact more tariffs out of nowhere, AGAIN.
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Posted: 8/1/2019 2:07:24 PM EDT
[#9]
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One of these years you guys will be right, and then we will all have to hear "I told you so" |
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Posted: 8/1/2019 7:05:18 PM EDT
[#10]
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One of these years you guys will be right, and then we will all have to hear "I told you so" Quote HistoryQuoted:
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We have not recovered from 2008. |
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Posted: 8/1/2019 7:25:00 PM EDT
[#11]
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The pain will hit us all. Quote HistoryQuoted:
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We have not recovered from 2008. Then you can laugh at us for losing 20% of our millions, while still being up more millions even including the loss. |
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Posted: 8/1/2019 7:53:17 PM EDT
[#12]
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Are you getting rich off the predictions of doom and gloom permabear? You’ve been wrong for 10 years now. One third of a working career. Everybody else is getting filthy rich, you keep saying just wait..I’ll be right eventually. Then you can laugh at us for losing 20% of our millions, while still being up more millions even including the loss. Quote HistoryQuoted:
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We have not recovered from 2008. Then you can laugh at us for losing 20% of our millions, while still being up more millions even including the loss. And the math still says I’m on the right side of things. Medicare annual report... |
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Posted: 8/1/2019 8:07:54 PM EDT
[#13]
Quote HistoryQuoted:
You really like to taught your luck in the market. I am really curious what you do for a living. And the math still says I’m on the right side of things. Medicare annual report... Quote HistoryQuoted:
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We have not recovered from 2008. Then you can laugh at us for losing 20% of our millions, while still being up more millions even including the loss. And the math still says I’m on the right side of things. Medicare annual report... |
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Posted: 8/1/2019 10:26:09 PM EDT
[#14]
Quote HistoryQuoted:
This is good for Bitcoin.  
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Posted: 8/3/2019 6:59:24 AM EDT
[#15]
Quote HistoryQuoted:
You really like to taught your luck in the market. I am really curious what you do for a living. And the math still says I’m on the right side of things. Medicare annual report... |
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