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They are preparing us gradually for the coming deluge, so that they can calmly say they saw it coming and have it under control.
You can feel the rumblings. My spidey senses were tingling last week, that's why I wrote the gradually then suddenly post.
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I think you're spot on. If Powell holds rates steady, I think US markets might pull a version of the old taper tantrum in order to scare Powell into cutting between meetings. Then it's off to the races, and the poor will just have to learn to live with some more inflation.
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171 sats \ 1 reply \ @grayruby 1 May
I will put you down as undecided on the "soft landing". Haha.
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inflation is actually good for you
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54 sats \ 1 reply \ @ssaurel 2 May
Initially, the Fed was created to prevent these bank failures. From now on, it is the Fed which leads to its bank failures with its monetary policy. Rather than avoiding them, the Fed simply announces that more bank failures will occur. Is there anyone to run this flawed system?
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deleted by author
I thought the Fed was created to prevent bank failures
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It's not like they are alone, we all expect it for a long time now.
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Mandibles
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Same old trick. That way, everyone is already mentally prepared.
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I love the female narrator's soothing tone. "Don't worry. Everything will be fine".
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You remind me of the GPS woman. Turn left. Rerouting. Rerouting. Rerouting. Rerouting. Rerouting. Rerouting. I know you can hear that voice in your head while you read this. lol
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Bingo
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64 sats \ 1 reply \ @kepford 1 May
This smart scumbags always play both sides. Talk out of both sides of their mouths. Their plan is to gas light everyone later. Happens over and over. Most people seem to never learn. Thinking is hard though. That's why so few do it.
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Yes, they always play both sides, the only thing they seek is to misinform and make you dizzy, you have to be alert to the real data, and not to what these manipulators say.
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Who do you think will be the biggest bank that will need bailing out?
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Hard to say. If contagion picks up, only the biggest four or five could be safe. Sounds crazy, but it seems like the goal is consolidation
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maybe it is time to put your money in a credit union.
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We had one late last week but not a lot was made out of it... I don't think anyone is going to bat an eye unless we have a string of larger-midsized ones in a row like earlier on
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