THE FED IS HIKING RATES BY 200!!! IT'S HAPPENING
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Means people won’t get mortgages or car loans because the cost to borrow is too high. May reduce home prices.
It'll increase the price of literally everything else
Keynesian Economics is a broken system
designed by the gay pedophile John Maynard Keynes
not to be used with fiat money,
but here we are.
Yes, also markets fucked if true..
It will be 75 bp, not 200, lessen the blow but still working towards the higher rates gradually.
It’s not even close to enough to fight off inflation. And our debt is too high to do that.
Don't white hats control the Fed these days?
It was taken over when the Corporation of the United States was abolished and the USA became a republic once more, The United States of America.
That meant that DC became an alien territory as it always was and its powers are null and void. If the Fed dies then the US debt dies with it and responsibility for this debt become one of the Cabals debts.
I could be wrong on quite a few points here but I believe its the way things are broadly. Bring on the downvotes.
I hope people out there aren’t racking up debt in anticipation of this theory coming to fruition. Don’t look at this as dooming either. We need true precipice. Still far too many couch potatoes out there asleep at the shell. Accelerate!
Downvote wasn’t me btw.
This right here. Going to need some serious pain felt by EVERYONE before we go into correction mode and burn the whole temple down. Things will get worse, prepare accordingly.
True, but it cant last too long as it will destroy the country
It's already been destroyed.. let it get worse so people realize we should be rebuilding rather than trying to maintain something that's already been destroyed
The average person is going to have to spend a good 4-6 months wondering why they’ve lost their savings and worrying about losing their job and house. Only then will they realize that they’re not rich, and all of this paper wealth was just an illusion. At this point the system can be changed to introduce sound money.
Not if they blame putin for inflation, brainwashed fake news NPC'S
Here is a link from Voat: https://searchvoat.co/v/GreatAwakening/3731016
boy are you dumb.
We were going to sell our house and buy one half the size because my husband is retired. Nope - with the rate hikes, the mortgage would be the same as we're paying on our 4000 sq ft house. Staying put until sanity reigns.
Fucking do 2000 basis points or go home.
Too much cheap money and running the printers non stop has caused rampant inflation and overvalued everything. Flush the bloat from the economy. Once your done close the fed and let the interest rates float naturally in a free market like a civilised society.
200 BPS
The FED is hiking the rate for banks to borrow money. This will mean less money loaned, less money driving our economy.
It helps bring the collapse. The plan for them is Great Reset. A reset right back to feudal serf times. All of us slaves to our feudal lords.
But also look at it from our perspective and remember collapse had to happen under biden. I believe this is what is the hold up on the whitehats end tbh. So while the DS are compressing their great reset timeline into the remaining 6 months before midterm eradication despite fraud, they are unwittingly doing what needs to be done to assist whitehats in removing central banks, the fed and create a new dollar. Abortion overturned, more election fraud exposed, financial system collapse, gas skyhigh and midterm DS wipeout. This is all good for us
Exactly. Wayyyyyy too many people aren't even pissed off yet. Gotta turn up the heat!!!
"they are unwittingly doing what needs to be done"...
I disagree fren. They are doing it wittingly because they have no choice. It's like Evel Knievel jumping the Snake River canyon. He knows, he'll never make it, but does it anyway.
They are doing it for themselves, unwittingly in terms of it's exactly what the whitehats and us need to happen anyways. Oh they know exactly what they're doing but it's not going to turn out how they think it will lol
correct-a-muno
Well, it also slows down the artificial manufacturing of money in general, which would typically slow inflation
I had one third down on a home in 82 and could not get a loan, the going rate was 16.5% if my memory serves. I was 25 with 2 kids and a good job.
A mass deflationary depression would be the short, sharp and sweet collapse we need. It would be an event that fucks the most people over, as most are stacked up on debt; a true precipice. On the contrary runaway hyperinflation would destroy the dollar, eat away all those with savings (in cash), and hand everyone who has a mortgage in US dollars a free house. Hardly a precipice unless the rate of inflation quickly outstrips the income of those on fixed wages.
I think the former is the shock needed, but I can see it going either way.
Like my husband told out realtor when she pointed out that rates were high in the 80's, "Yeah interest rates were higher but housing prices were a fraction of what they are today."
so were wages.
That was before government realized the best slaves own homes.
Time to END the Fed already. Time for a gold backed dollar
Everything I worked hard to save is about to go up in smoke, but apparently it had to happen this way. Oh well. Evil does what evil does. Maybe suicide weekend will be of people who have had mountains and lifetimes of savings going up in smoke and now with no other option available decide to just end it all. It won't just be the cabal losing it'll be the average joe who just wanted to be left alone. :(
Buy some GME. That is the root of suicide weekend
The fuck? This is what he tweeted:
"The Federal Reserve should raise the Fed Funds rate to 3% tomorrow, in my opinion."
Nice title, tard.
There’s a difference between points and percents
Could you briefly explain? Thanks
100 basis points is 1%
Biden is jealous of the Jimmy Carter rates... My very first loan circa 1980 was a loan against a CD which was at 11.5 % and the loan was 13.5%... I never had a cosigner.
I remember the Carter years. We had a game where after grocery shopping we would strip the successive layers of price stickers off the merchandise. Stuff would go up every week and they just priced over any existing sticker. I'm expecting gas @ $10 and for the Potatopocalypse to make those years a fond memory.
My dad used to talk about canned food having 5 or more layers of price stickers. Can't say the same nowadays unless you frequent some backwoods grocery store that hasn't quite grasped the " new technology" of bar codes. That sounds amazing though.
kek, same...
200? They announced 75 and the market has already freaked out. No way they would raise it higher than guidance.
Now, a big raise at the next 2 to 4 meetings over the next year. Sure.
OP said it was confirmed, though.
You heard it, everyone can go home.
This won't be enough to stop the bleeding of hyper inflation, you need to raise the rates to match the inflation rate at least which would be more like 1500 BPS
I'm not understanding how this is supposed to help. We gave trillions to other countries that we cannot tax. So all of the impact this has is on the tiny amount Americans actually got. If Americans would have gotten all of the 1.2tril spending bill then this would have the desired effect but we didnt.
It’s not going to help the economy. We’ve speculated what the mass scare event is going to be. One running theory is economic collapse.
Sometimes you can’t tell them, you have to show them.
It’s why we’ve all been prepping, planting gardens, planning and diversifying. How do you truly wake up normies? It has to be something that effects them personally. Gas prices ✅ Food/shortage inflation ✅ House value lowering/ loans rising ✅ Cost of running business increasing ✅ Watching our taxes go to Ukraine ✅ Taxes paying for illegals ✅
If you haven’t already, go out and get as much as you can because it’s going probably going to get much worse!
Mortgage hit 6.25 Monday. Most see a .75 increase by the fed very soon. I can believe total of 2 by fall.
As I understand the cost of central banks borrowing from the central reserve but should causes a trickle effect through various lending markets which are already speculative. I work for an independent finance company that leases commercial equipment, we aren't a bank meaning we borrow most of our funds (unless we fund with our own cash which we will sometimes). When fed rates are even projected to increase we will see our cost of borrowing increase because lenders will increase rates based on what they think rates will do in the near term. If rate increases don't happen sometimes that cost falls back down but as of late that cost of funds has been increasing at a rate I've not seen in the 7 years I've been in the space.
So long and short while fed rates are not what our cost of funds are hinged on it greatly affects lending markets across the board.
I don't necessarily look at it as a bad thing usually because interest rates have been artificially low for a long time but when you pair skyrocketing inflation with runway interest rates this doesn't end well for consumers. That said I think most here understand what needs to happen to buck the Fed and are prepared for a little pain.
200 bps is steeper than he been projected too so it will just cause a more drastic price hike in a quicker timeframe than lenders have anticipated..... If this actually happens.
Interest rates should be abolished.
Inflation going higher at a larger rate. FED just bought debt by lowering the 10 year yield (TNX) by 10 basis points overnight. Not normal.
200bps?! No one can dance to that!
USDJPY and USDCHF are gonna move 😍
The collapse will be as quick as the twin tower buildings.
Just bought a deep freeze and have a line on a half a cow and a whole pig. Not much of a gardener. got silver and bullets. I'm getting there.
.75