Fed’s Powell is jawboning at the NABE conference about rates and the specter of a soft landing today and has caused markets to dive towards session lows.
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
FED FUNDS FUTURES IMPLY TRADERS SEE 60.7% CHANCE OF THE FED RAISING RATES 50 BASIS POINTS IN MAY, UP FROM ABOUT 52% BEFORE POWELL’S COMMENTS.
This is typical bullshit in the world rife with rapid inflation. German YOY PPI came in hot as fuck today at 25.1%. I can paint an eloquent picture for you; but the truth is it’s over. It’s over, not because of rates or the war with Russia. It’s over because, as a people, we have become morons, led to do stupid things, corralled into inexorable positions. I often ponder about leadership and if they’re all just diabolical geniuses, pulling strings to further their malevolent plans. But the truth is far more insidious. They’re not competent or serious people, but idiots. We cope by assigning super villain powers to them, when in fact the fruits are laid bare for all to see and they are rotten, Sir. There isn’t anything worth eating anymore and if we sustain our standard of living for another 25 years, consider yourselves fortunate.
IQ levels have plunged to levels not seen since the 1600’s and will soon barrel towards the 1100s, the dark ages, the land of the Orc will be upon you — nothing working or efficient anymore. We will be ravaged with violence and stupidity and there is nothing that can be done about it.
I’m +300bps today and feeling quite optimistic about my prospects, dare I say.
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Bah. There are evil criminals behind the curtain and their tools are voted in by mice repeatedly hitting a lever in order to get another hit of cocaine.
Kill a million brown children, women and men? Fine …as long as my taxes don’t go up I’ll go along and tell myself I’m “spreading democracy”.
I’ve been reading some central and east asian history. Humans were using hypersonic war chariots by 2000 BC. Nothing is new. Humans take from the weak. After a while the strong become weak and get taken from. It just goes on and on.
The ‘fact checkers’ CENSORED the Hunter Laptop story because they said it was disgusting and untrue.
Yes, I WILL keep posting this until someone from the left comes out and admits the leftist MSM covered up and LIED just to get the ‘bad Orange man’. Where is the outrage?
Nobody cares, it’s been memory holed by the ministry of truth. There are no consequences. Most importantly, keep in mind that last few years the msm was paid billions by the govt. Billions. They are an arm of the Uniparty.
Timshel
The consequences can come in 8 months in the next election if we can all survive that long and make sure people get out and VOTE!