iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,033 Blog Posts

MARKETS RALLY ON POWELL’S ERRONEOUS LOGIC

SIRS–

This is a scam The NASDAQ shot higher and is now STEAMING UP on the news that the Fed might ONLY hike by 50bps next meeting. EXCUSE ME if I interrupt your meth induced thinking — but this is fucking retarded.

The Fed cannot control inflation.

The Fed has LOST the initiative and WAY BEHIND THE FUCKING CURVE.

SIR —

The Fed funds rate is 1.75% and the CPI is 8.6%.

This is DISASTER.

Markets will do what markets will do. But if you’re buying here in the hopes inflation has been defeated — might I remind you now that you are fucking retarded.

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4 comments

  1. itsgold

    retard reporting in.

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  2. indie

    RPENT THE END IS NIGH.

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  3. moneymindsoul7

    What’s the curve again?

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  4. duuude

    Bought a $1m house. Inflation hedge beatch

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