Post AqBnEsLFNmbb88Kodc by slipgate@shitpost.cloud
(DIR) More posts by slipgate@shitpost.cloud
(DIR) Post #AqAXN5MD59t3OBiaBs by judgedread@poa.st
2025-01-17T09:33:05.059578Z
4 likes, 2 repeats
To deflate the money supply would crash the economy so hard that there would be an insurrection.
(DIR) Post #AqBllZ0y3riUpuJBaK by TrevorGoodchild@poa.st
2025-01-17T23:49:05.235175Z
5 likes, 1 repeats
@judgedread 'Tall Paul' Volcker pulled off curbing inflation in the 1980s by hiking interest rates to 20%+ ('shock therapy') as Fed ChairmanWould be amusing to see the experiment repeated during fat orange retard's tenure
(DIR) Post #AqBlz786X8XSPI6kKW by TrevorGoodchild@poa.st
2025-01-17T23:51:30.649654Z
4 likes, 1 repeats
@VikingWays @judgedread It is mathematically impossible unless tangerine idiot wants to go full Argentina and default default default(This will not happen)
(DIR) Post #AqBm3I8PYjg3hFF9Ga by judgedread@poa.st
2025-01-17T23:52:17.445223Z
1 likes, 1 repeats
@TrevorGoodchild The conventional view of that is that the tax cuts acted as a Keynesian stimulus, counteracting the high interest drag, thus a booming economy by 1983 despite what would be seen as outrageous rates today.Also the feds didn't owe $33 trillion in 1981...
(DIR) Post #AqBmI48ls6EidcSN04 by TrevorGoodchild@poa.st
2025-01-17T23:54:55.817364Z
5 likes, 3 repeats
@VikingWays @judgedread As long as you can Ctrl+P the world's reserve currency? ForeverHowever:
(DIR) Post #AqBmJ8snj0GvdUV3uS by judgedread@poa.st
2025-01-17T23:55:08.137817Z
2 likes, 1 repeats
@VikingWays If I knew that I'd be a billionaire.
(DIR) Post #AqBmLZVzg6kYoTzTpA by LatigoMorgan@poa.st
2025-01-17T23:55:33.851513Z
1 likes, 1 repeats
@TrevorGoodchild @VikingWays @judgedread The jews want to live with Old Testament laws, until you mention the Year of Jubilee. They don't like that one.
(DIR) Post #AqBmUB340utzXOYurw by DW2@poa.st
2025-01-17T23:57:09.093281Z
2 likes, 1 repeats
@judgedread @TrevorGoodchild iirc around ‘82/‘83 boomers in big numbers started getting into the stock market, which had been stagnant for like 15 years. Today the market’s been super inflated by decades of QE/Fed back door manipulation
(DIR) Post #AqBmVF58VFmAKw2VGK by TrevorGoodchild@poa.st
2025-01-17T23:57:20.548040Z
6 likes, 2 repeats
@judgedread Trading rules 101:-The market can stay irrational longer than you can stay liquid-Being 'right' too early is indistinguishable from being completely wrong
(DIR) Post #AqBmb7iOnzStE7Czzs by judgedread@poa.st
2025-01-17T23:58:24.481098Z
1 likes, 1 repeats
@DW2 It took 53 years for retail investors to get over the trauma of 1929.
(DIR) Post #AqBnAiZrkB03glBqbY by DW2@poa.st
2025-01-18T00:04:50.206771Z
3 likes, 1 repeats
@judgedread Crazy to look at a long term graph of the S&P 500 and see prolonged periods of time where the Big Line did not go up
(DIR) Post #AqBnEsLFNmbb88Kodc by slipgate@shitpost.cloud
2025-01-18T00:05:24.462822Z
2 likes, 0 repeats
@CobaltSasquatch @TrevorGoodchild @judgedread Cramer's 5D chess: make insider info look like a false prediction that you have to invert. Probably not the case, but it would be funny.
(DIR) Post #AqBnLbbI1aDDEe312O by pepsi_man@poa.st
2025-01-18T00:06:47.107515Z
1 likes, 1 repeats
@TrevorGoodchild @judgedread Some resources (not a sure thing, but better than flying blind)dividend.com/dividend-kings/
(DIR) Post #AqBnincPVXXjAXdDQe by pepsi_man@poa.st
2025-01-18T00:10:58.422495Z
0 likes, 1 repeats
@TrevorGoodchildI don't think we'll see a default for at least a couple decades, but when it does happen, that's when they ram CBDC's down everyone's throats. @VikingWays @judgedread
(DIR) Post #AqBo0VpqMehVEAMRo8 by Kalogerosstilitis2RevengeoftheJunta@poa.st
2025-01-18T00:14:09.620320Z
1 likes, 1 repeats
@VikingWays @TrevorGoodchild @judgedread As long as America has global geopolitical influence enforced by its carrier fleets.
(DIR) Post #AqBoB1TjZOQEGP1zrk by DC5FAN@poa.st
2025-01-18T00:16:04.545580Z
2 likes, 1 repeats
@Kalogerosstilitis2RevengeoftheJunta @VikingWays @TrevorGoodchild @judgedread That's coming to an end thanks to hypersonics. They can't take them through strategic choke points anymore.
(DIR) Post #AqBoE7ACtCswlRN75M by James_Dixon@poa.st
2025-01-18T00:16:35.889812Z
3 likes, 1 repeats
@TrevorGoodchild @judgedread > -The market can stay irrational longer than you can stay liquid> -Being 'right' too early is indistinguishable from being completely wrongBoth of those statements are dependent on you playing with money you can't afford to lose. If you can afford to lose the money your investment timeline essentially becomes unlimited and you can wait out the market.Of course sometimes the market is right and you're wrong, in which case you have to eat your loss (yes, I've had a handful of investments go to zero).Playing with margin is a quick path to bankruptcy unless you know what you're doing. Sometimes, even if you do (see: Long-Term Capital Management).
(DIR) Post #AqBoElgsDAmaSKxlYW by Kalogerosstilitis2RevengeoftheJunta@poa.st
2025-01-18T00:16:45.171525Z
1 likes, 1 repeats
@TrevorGoodchild @judgedread I spend my childhood listening to my commie father and his family expecting the last gasps end stage capitalism aaaaany day now,culminating with my old mans 89 new years toast of "to the soviet union, the future". Pardon my hesitation to copy his "optimism" comrades.
(DIR) Post #AqBsX7jLPF5ZqB7v7o by smokescreen@poa.st
2025-01-18T01:04:52.306256Z
0 likes, 1 repeats
@DW2 @judgedread i limit my stock market analysis to post 72, the funny money era.
(DIR) Post #AqBu1Hhoyx1tQ8MO3M by DW2@poa.st
2025-01-18T01:21:33.976630Z
3 likes, 1 repeats
@TrevorGoodchild @judgedread No to mention the hymies keep coming up with ways to juice the market without it showing up on the Fed balance sheet (BTFP Loans, Discount window lending, the Treasury General account and God knows what else)
(DIR) Post #AqC0yyWE30350rmYOO by JohnYoungE@poa.st
2025-01-18T02:39:31.598211Z
0 likes, 1 repeats
@James_Dixon @TrevorGoodchild @judgedread I bought one stock that essentially went to zero, or at least lost 90% of its price.It's a company that recycles soda bottles into plastic decking. It seemed a slam dunk -- wood decking is a pain to maintain, their raw material is essentially free etc. But nope ... That said, when a stock loses that much value, its still in my portfolio because why sell? I can wait another 20 years.
(DIR) Post #AqCiMV49V37Qe67Bya by James_Dixon@poa.st
2025-01-18T10:45:37.547493Z
1 likes, 1 repeats
@JohnYoungE @TrevorGoodchild @judgedread > I bought one stock that essentially went to zero, or at least lost 90% of its price.In my case they actually went to zero. The companies went out of business and the stock was deemed worthless.That's only a small percentage of the stocks I've owned over the years though. It's been far more common for a company I own stock in to get bought out.
(DIR) Post #AqCogXk3rMqGSgerom by BarelyEagle@poa.st
2025-01-18T11:56:30.283635Z
2 likes, 1 repeats
@TrevorGoodchild @judgedread That second one is my favorite line. Hopefully a few cancer patients will acknowledge it before the end.
(DIR) Post #AqCoji1Y5VI3DgLbHs by BarelyEagle@poa.st
2025-01-18T11:57:04.887687Z
2 likes, 1 repeats
@TrevorGoodchild @VikingWays @judgedread Similar thing happens with top stocks/market sectors
(DIR) Post #AqCp8PoOw93pyXyjUO by Appalachian_Crusader@poa.st
2025-01-18T12:01:31.351089Z
1 likes, 1 repeats
@James_Dixon @JohnYoungE @TrevorGoodchild @judgedread Reminds me that I was able to still buy Blockbuster liquidating penny stocks until a couple years ago
(DIR) Post #AqCpFpI2bmV31ONNui by BarelyEagle@poa.st
2025-01-18T12:02:52.892472Z
1 likes, 1 repeats
@JohnYoungE @James_Dixon @TrevorGoodchild @judgedread Was that Treks? Turns out, there are problems with adulteration in recycled materials...
(DIR) Post #AqCpKzk7Al5ut7yK6C by Kalogerosstilitis2RevengeoftheJunta@poa.st
2025-01-18T12:03:47.431131Z
1 likes, 1 repeats
@TrevorGoodchild @VikingWays @judgedread One more important thing. America is the first one that's not gold/gold backed.
(DIR) Post #AqCpdjdvFua6SQ0mm0 by Kalogerosstilitis2RevengeoftheJunta@poa.st
2025-01-18T12:07:10.491436Z
1 likes, 1 repeats
@TrevorGoodchild @judgedread There's no deflating. As an American finbro told me "debt is boring". They'll just take the crash whenever it happens. It could be a decade ir two from now and that's a long time in fin terms. Then again it could be right around the corner. In any case this is the immediate future...
(DIR) Post #AqCpjZNoJYmsNHG1uy by BarelyEagle@poa.st
2025-01-18T12:08:14.251030Z
3 likes, 1 repeats
@VikingWays @TrevorGoodchild @judgedread I had dinner with one of the men that presided over a Trump bankruptcy many years ago. I don't recall the entire story he told, but he said that Trump basically walked into that meeting and said "You need me more than I need you, so this is how we are going to do this."Which to the old adage - if you owe the bank $10,000 it's your problem, if you owe the bank $1,000,000 it's the bank's problem. Everyone has a problem right now, and I suspect we are in unprecedented times regarding financial shenanigans with a reserve currency. But maybe not.