That 72 year old " Orange " man would whoop your ass
so bad, you'd wish Hillary was just dishin out toe jam lickins......
The Inevitable New The Inevitable Trump Mocking Thread
- Thread starter Nonononono
- Start date
That 72 year old " Orange " man would whoop your ass
so bad, you'd wish Hillary was just dishin out toe jam lickins......
Bruddah IZ
DA
if you had read my Econ thread 2 years ago you wouldn’t be looking so dumb right now. First, You’re talking CPI, basket of goods. Real Estate is not calculated in to CPI. Neither are Stocks. Nor should they be. Second, if you knew how to read a balance sheet, you would see that the Fed still owns 4 trillion worth of bonds. That means there is a lot of cash out there to borrow from banks. But Banks are safer just holding more of their cash as reserves because they can earn at least 2.25% on those reserves. Powell raised rates by selling just over 700 billion in bonds to reduce the supply of money in the system. Probably too complicated for you people.
Bruddah IZ
DA
No they’re not. But margin investments in stocks is what caused the Great depression. Guess what was happening at the Fed in the roaring 20’s before the depression. Hint: $$$$$$$. And then as if we couldn’t learn from that, the Fed thought, well it’s real estate. It can’t happen again!! Can it???? The great recession came along next when Fannie and Freddie infused the market with fresh cash by buying up MBS’s at a staggering rate. We all know what happens when risk are ignored. Jenga!!!! The great recession happens and then along comes “Maestro” to monetize the debt of good intentions. Need an english translator?
Bruddah IZ
DA
This is above your understanding.Maybe this from the Bureau of Labor Statistics webpage will help --
Bruddah IZ
DA
That sort of thing is considered racist by you people.
I remember when a 9 dollar burrito cost $1.95.
Just so you know, I base my hourly wage on the burrito scale.
Hahaha! So boom cycles lead to bust cycles. Duh. You’ve been shooting off your dumb mouth about QE for how many years now? And every so often there’s a recession. LOL!!!
And you’re just a guy who’s too Chicken to go to the bank and borrow some money to buy a house.
Bruddah IZ
DA
“Boom Bust cycle” ......pretty catchy phrase to throw around. You sounded like you knew what you’re talking about. Alas I was disappointed but not at all surprised that you decoupled QE from being the cause of the “boom bust cycle”. Too complicated for you as usual. Sorry Bozo. Study the other 16 financial crisis and you’ll find the same cause. Study the Roman empire and you’ll find that their QE is what finally destroyed the 800 year empire. Although the writing was on the wall 200 years before that.
Bruddah IZ
DA
I just don’t get amortized loans like you do with your double digit interest every month.
Hüsker Dü
DA
He couldn't last a round. He'd be puking and laying flat after 30 seconds. I'd Billy Jack his fat ass.
You should. It’s how all those real estate magnates (of which there are so many in so cal and I am not among them) build equity and net worth. You’re too conservative.
But you need the confidence that you never have to sell at a loss, because you’ll always be able to ride out down times with cash to pay the mortgage.
Bruddah IZ
DA
Real estate magnates don’t imprison their equity like you do. Or what you call “market value of domicile”. Lol!
"Imprison their equity" is a new one for me. I used to accuse you of watching the 3AM cabler-TV investment advisers who looked like their heads were about to explode, but not even they were that nuts. You must have got this from some internet source you are too embarrassed to admit.
Bruddah IZ
DA
Q.E.D.
Hüsker Dü
DA
No, no, you demonstrate that type twisted logic daily.