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Joined 2 years ago
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Cake day: July 8th, 2023

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  • It’s pretty clever if it is a money laundering front actually because a “business” like that doesn’t really do anything that generates much paperwork and can claim it charged imaginary customers any amount it wants without having to justify it.











  • The idea behind lower rates is to promote investment. But investment is being severely discouraged by the absolute dumpster fire of a political environment the country is in right now where nobody knows if a “good” investment will suddenly turn into a terrible investment at the whim of the irrational toddler in charge. As a result, lowering the interest rates would most probably do nothing more than promote inflation. Powell knows that and this is why he refuses to lower the rates.

    The president throwing a tantrum and trying to pressure a position that can only properly do its job of regulating the economy if it is shielded against political influence will only push investors away even more.

    Buckle up Americans, looks like a great depression is coming. And it was entirely manufactured by your president’s incompetence.