Capitalism, The Fed and Economic Policy

mrussel1 · November 19

mickeyrat said:

Fed minutes show broad support for ending quantitative tightening - https://www.reuters.com/business/fed-minutes-show-support-ending-quantitative-tightening-2025-11-19/

I applaud the way the Fed has utilized QE and QT since 2009. It has created a strong 15 years of growth overall, through some very difficult times. We used to have recessions on a common cycle for 150 years, but the Fed has softened that.

Lerxst1992 · November 25

mickeyrat said:

Lerxst1992 said:

Nah, cutting interest rates to a record low in 2021, reducing aggregate mortgage payments by $26b had nothing to do with the problem.

Jiggs, they’ll just never see a problem with too much govt intervention.

I'm sorry , what? Jiggs?

That was in reference to hockey hall of fame broadcaster Jiggs McDonald.

I appreciate that you reached out via DM for clarification. Classy move.

https://en.wikipedia.org/wiki/Jiggs_McDonald

mickeyrat · November 25

Lerxst1992 said:

mickeyrat said:

Lerxst1992 said:

Nah, cutting interest rates to a record low in 2021, reducing aggregate mortgage payments by $26b had nothing to do with the problem.

Jiggs, they’ll just never see a problem with too much govt intervention.

I'm sorry , what? Jiggs?

That was in reference to hockey hall of fame broadcaster Jiggs McDonald.

I appreciate that you reached out via DM for clarification. Classy move.

https://en.wikipedia.org/wiki/Jiggs_McDonald

do tell what this individual has to do with nyc mayoral policies. moreover just who wants free shit?

static111 · November 28

Capitalism

https://instagram.com/p/DRgRChYjacB/embed/

josevolution · December 2

https://apnews.com/article/kshaped-economy-spending-income-inequality-dfa59144ecb2e1b674242666e28ff556?utm_source=onesignal&utm_medium=push&utm_campaign=2025-12-01-Wealth+gap

Uhmm but but I thought the top gainers would pull up the lower rung of people

Halifax2TheMax · December 2

josevolution said:

https://apnews.com/article/kshaped-economy-spending-income-inequality-dfa59144ecb2e1b674242666e28ff556?utm_source=onesignal&utm_medium=push&utm_campaign=2025-12-01-Wealth+gap
Uhmm but but I thought the top gainers would pull up the lower rung of people

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

I’m sure the tightening of the middle and lower classes belts are a result of less Starbucks and subscription services and more stock market investing. Regardless, it’s all the fault of the Dems.

mickeyrat · December 2

Blackstone launches unit to channel retirement savings for private investments - https://www.reuters.com/markets/wealth/blackstone-launches-unit-channel-retirement-savings-private-investments-2025-10-15/

static111 · December 3

https://instagram.com/p/DRV8Z5ujp8X/embed/

as if buying all the single family homes wasnt enough, now they've come for our turkey subs.

tempo_n_groove · December 3

static111 said:

https://instagram.com/p/DRV8Z5ujp8X/embed/

as if buying all the single family homes wasnt enough, now they've come for our turkey subs.

I've heard this before, lol.

Don't eat at Jersey Mikes. Go to a proper deli.

Lerxst1992 · December 3

Halifax2TheMax said:

josevolution said:

https://apnews.com/article/kshaped-economy-spending-income-inequality-dfa59144ecb2e1b674242666e28ff556?utm_source=onesignal&utm_medium=push&utm_campaign=2025-12-01-Wealth+gap
Uhmm but but I thought the top gainers would pull up the lower rung of people

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.
I’m sure the tightening of the middle and lower classes belts are a result of less Starbucks and subscription services and more stock market investing. Regardless, it’s all the fault of the Dems.

Yes because guaranteed payroll and cheap loans worked real well, making money plentiful and locking in the majority of mortgages long term at under 4% keeping typical housing inventory off market… proving socialism helps long term. Did you read the full article, and wonder at all why the bottom quarter of workers did so well in those years?? Or wonder why with interest rates high, still 60% of mortgages are locked in at rates under 4%?? Btw, turned off auto renewal here, so you’re likely going to miss this banter down the road lol.

” In 2023 and 2024, inflation-adjusted wages for the bottom quarter of workers rose at a yearly rate of 3.9%, outpacing the 3.1% gains for the top quarter, according to research by the Federal Reserve Bank of Minneapolis.”

Halifax2TheMax · December 3

Lerxst1992 said:

Halifax2TheMax said:

josevolution said:

https://apnews.com/article/kshaped-economy-spending-income-inequality-dfa59144ecb2e1b674242666e28ff556?utm_source=onesignal&utm_medium=push&utm_campaign=2025-12-01-Wealth+gap
Uhmm but but I thought the top gainers would pull up the lower rung of people

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.
I’m sure the tightening of the middle and lower classes belts are a result of less Starbucks and subscription services and more stock market investing. Regardless, it’s all the fault of the Dems.

Yes because guaranteed payroll and cheap loans worked real well, making money plentiful and locking in the majority of mortgages long term at under 4% keeping typical housing inventory off market… proving socialism helps long term. Did you read the full article, and wonder at all why the bottom quarter of workers did so well in those years?? Or wonder why with interest rates high, still 60% of mortgages are locked in at rates under 4%?? Btw, turned off auto renewal here, so you’re likely going to miss this banter down the road lol.

” In 2023 and 2024, inflation-adjusted wages for the bottom quarter of workers rose at a yearly rate of 3.9%, outpacing the 3.1% gains for the top quarter, according to research by the Federal Reserve Bank of Minneapolis.”

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.

Enjoy 1975.

mrussel1 · December 3

Lerxst1992 said:

Halifax2TheMax said:

josevolution said:

https://apnews.com/article/kshaped-economy-spending-income-inequality-dfa59144ecb2e1b674242666e28ff556?utm_source=onesignal&utm_medium=push&utm_campaign=2025-12-01-Wealth+gap
Uhmm but but I thought the top gainers would pull up the lower rung of people

* The following opinion is mine and mine alone and does not represent the views of my family, friends, government and/or my past, present or future employer. US Department of State: 1-888-407-4747.
I’m sure the tightening of the middle and lower classes belts are a result of less Starbucks and subscription services and more stock market investing. Regardless, it’s all the fault of the Dems.

Yes because guaranteed payroll and cheap loans worked real well, making money plentiful and locking in the majority of mortgages long term at under 4% keeping typical housing inventory off market… proving socialism helps long term. Did you read the full article, and wonder at all why the bottom quarter of workers did so well in those years?? Or wonder why with interest rates high, still 60% of mortgages are locked in at rates under 4%?? Btw, turned off auto renewal here, so you’re likely going to miss this banter down the road lol.

” In 2023 and 2024, inflation-adjusted wages for the bottom quarter of workers rose at a yearly rate of 3.9%, outpacing the 3.1% gains for the top quarter, according to research by the Federal Reserve Bank of Minneapolis.”

How about build more homes, rather than building the same number of homes that we were building in the early 80's, when the population was 120MM less people. But sure, keep blaming high interest rates. Let's not remember when interest rates were low and it created huge price wars for homes, scooped up by investors buying with cash. Yeah that helped a ton.

mrussel1 · December 3

Lerxst1992 said:

” In 2023 and 2024, inflation-adjusted wages for the bottom quarter of workers rose at a yearly rate of 3.9%, outpacing the 3.1% gains for the top quarter, according to research by the Federal Reserve Bank of Minneapolis.”

On this point, this is really impressive... 3.9%. Especially when the cost of a home over the past four years has risen by 23%. So take your 3.9% pay increase, cut out your Starbucks and BAM! Everyone is 23% richer and ready to buy a home that's not for sale. Genius.

Lerxst1992 · December 3

mrussel1 said:

Lerxst1992 said:

” In 2023 and 2024, inflation-adjusted wages for the bottom quarter of workers rose at a yearly rate of 3.9%, outpacing the 3.1% gains for the top quarter, according to research by the Federal Reserve Bank of Minneapolis.”

On this point, this is really impressive... 3.9%. Especially when the cost of a home over the past four years has risen by 23%. So take your 3.9% pay increase, cut out your Starbucks and BAM! Everyone is 23% richer and ready to buy a home that's not for sale. Genius.

Actually, the economists that believe this are blaming low interest rates because inventory is not turning over, limiting supply, and raising prices outside historical norms.

The name of the game in the American economy is the stock market, that’s what’s driving everything. Folks walking around with an extra million in their pockets from buying uber or amazon stock years ago are going to toss some of that equity in real estate also driving up prices. Building more units will help, but how much do you want to depress equity with higher taxes?

mrussel1 · December 3

Lerxst1992 said:

mrussel1 said:

Lerxst1992 said:

” In 2023 and 2024, inflation-adjusted wages for the bottom quarter of workers rose at a yearly rate of 3.9%, outpacing the 3.1% gains for the top quarter, according to research by the Federal Reserve Bank of Minneapolis.”

On this point, this is really impressive... 3.9%. Especially when the cost of a home over the past four years has risen by 23%. So take your 3.9% pay increase, cut out your Starbucks and BAM! Everyone is 23% richer and ready to buy a home that's not for sale. Genius.

Actually, the economists that believe this are blaming low interest rates because inventory is not turning over, limiting supply, and raising prices outside historical norms.

The name of the game in the American economy is the stock market, that’s what’s driving everything. Folks walking around with an extra million in their pockets from buying uber or amazon stock years ago are going to toss some of that equity in real estate also driving up prices. Building more units will help, but how much do you want to depress equity with higher taxes?

"depress equity with higher taxes".. where did I talk about tax rate at all? I have been saying the gov't (state and fed) can incentivize building new homes.. not units.. not rentals... homes that people can buy and afford.

mickeyrat · December 3

Fed data suggests central bank has stopped losing money - https://www.reuters.com/business/fed-data-suggests-central-bank-has-stopped-losing-money-2025-12-03/

tempo_n_groove · December 10

Fed cuts the borrowing rate by another .25

Lets see what happens.

mickeyrat · 2:35AM

BREAKING: Jerome Powell revealed that staffers at the Fed think the government could be overestimating the number of jobs created by 60,000 each month.

The true numbers could be closer to a loss of 20,000 jobs a month. https://trib.al/A51QVhQ

Capitalism, The Fed and Economic Policy

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