Capitalism, The Fed and Economic Policy

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  • Jearlpam0925Jearlpam0925 Deep South Philly Posts: 17,372
    edited March 10
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 43,062
    "It's a sad and beautiful world"
    -Roberto Benigni











  • tempo_n_groovetempo_n_groove Posts: 40,724
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
  • tempo_n_groovetempo_n_groove Posts: 40,724
    mickeyrat said:
    401k. -2.25 since Jan 1.
    a target date fund. and 3 varients of index.

    grew substantially under sleepy Joe. Something like 18% last year.


    the 1 year as of Feb 28 was 11.25%
    Put it in something stable or you will go nuts watching it every day.
  • mrussel1mrussel1 Posts: 30,487
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
    First off, the numbers are through Feb.  You are comparing to a completed year.   Second, yes my likelihood might be exceedingly low because I have modern MMR.  But it's spreading through the unvaccinated community at a higher rate.  And while those that were stupid enough to not take them to support their politics, I'm more worried about the infants and immuno-compromised that rely on heard immunity.  

    The county where this took off (Gaines) had a 5% opt-out rate just a few years ago.  Now it's 14%.  No surprise.  Ft Worth kinder students were 95% MMR vaxed in 2019.  Now incoming number is 84%.  You don't think that will make a difference?
  • tempo_n_groovetempo_n_groove Posts: 40,724
    mrussel1 said:
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
    First off, the numbers are through Feb.  You are comparing to a completed year.   Second, yes my likelihood might be exceedingly low because I have modern MMR.  But it's spreading through the unvaccinated community at a higher rate.  And while those that were stupid enough to not take them to support their politics, I'm more worried about the infants and immuno-compromised that rely on heard immunity.  

    The county where this took off (Gaines) had a 5% opt-out rate just a few years ago.  Now it's 14%.  No surprise.  Ft Worth kinder students were 95% MMR vaxed in 2019.  Now incoming number is 84%.  You don't think that will make a difference?
    I am vaxxed and most sane people too.  This is only going to have an affect on them.

    It shouldn't bee too many years before they realize how dumb this hill is to climb, or not.  The hardcore religious here in NY have been getting by for years so I honestly don't know but, if you are vaxxed and have your offspring vaxxed, this is nothing.

    The amount of people that get infected will be a drop in the bucket too so maybe I am wrong about them learning their lesson?
  • mickeyratmickeyrat Posts: 43,048
    mickeyrat said:
    401k. -2.25 since Jan 1.
    a target date fund. and 3 varients of index.

    grew substantially under sleepy Joe. Something like 18% last year.


    the 1 year as of Feb 28 was 11.25%
    Put it in something stable or you will go nuts watching it every day.

    aint touching it. simply tracking it.ao come from the ronco school of investment. like the ronco oven. set it and forget it.

    loat 35% through the pandemic. then sleepy joe fucked all that up by reversing my losses and allowing for 18% gains overall.

    for my age it IS an aggressive plan but I fucked off for the bulk of my life and here is where I am. I stay fit and healthy,  I can still drive earning bank when others are retiring.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • tempo_n_groovetempo_n_groove Posts: 40,724
    mickeyrat said:
    mickeyrat said:
    401k. -2.25 since Jan 1.
    a target date fund. and 3 varients of index.

    grew substantially under sleepy Joe. Something like 18% last year.


    the 1 year as of Feb 28 was 11.25%
    Put it in something stable or you will go nuts watching it every day.

    aint touching it. simply tracking it.ao come from the ronco school of investment. like the ronco oven. set it and forget it.

    loat 35% through the pandemic. then sleepy joe fucked all that up by reversing my losses and allowing for 18% gains overall.

    for my age it IS an aggressive plan but I fucked off for the bulk of my life and here is where I am. I stay fit and healthy,  I can still drive earning bank when others are retiring.
    I hear ya.  I do know that watching it will drive u nuts daily though.
  • mickeyratmickeyrat Posts: 43,048
    mickeyrat said:
    mickeyrat said:
    401k. -2.25 since Jan 1.
    a target date fund. and 3 varients of index.

    grew substantially under sleepy Joe. Something like 18% last year.


    the 1 year as of Feb 28 was 11.25%
    Put it in something stable or you will go nuts watching it every day.

    aint touching it. simply tracking it.ao come from the ronco school of investment. like the ronco oven. set it and forget it.

    loat 35% through the pandemic. then sleepy joe fucked all that up by reversing my losses and allowing for 18% gains overall.

    for my age it IS an aggressive plan but I fucked off for the bulk of my life and here is where I am. I stay fit and healthy,  I can still drive earning bank when others are retiring.
    I hear ya.  I do know that watching it will drive u nuts daily though.

    looking at it like they are sucking up the company match money. MY money is still there....
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mrussel1mrussel1 Posts: 30,487
    mrussel1 said:
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
    First off, the numbers are through Feb.  You are comparing to a completed year.   Second, yes my likelihood might be exceedingly low because I have modern MMR.  But it's spreading through the unvaccinated community at a higher rate.  And while those that were stupid enough to not take them to support their politics, I'm more worried about the infants and immuno-compromised that rely on heard immunity.  

    The county where this took off (Gaines) had a 5% opt-out rate just a few years ago.  Now it's 14%.  No surprise.  Ft Worth kinder students were 95% MMR vaxed in 2019.  Now incoming number is 84%.  You don't think that will make a difference?
    I am vaxxed and most sane people too.  This is only going to have an affect on them.

    It shouldn't bee too many years before they realize how dumb this hill is to climb, or not.  The hardcore religious here in NY have been getting by for years so I honestly don't know but, if you are vaxxed and have your offspring vaxxed, this is nothing.

    The amount of people that get infected will be a drop in the bucket too so maybe I am wrong about them learning their lesson?
    Remember that the newborn, elderly and sick rely on herd immunity.  So it isn't just the people who chose this path.  
  • tempo_n_groovetempo_n_groove Posts: 40,724
    edited March 10
    mrussel1 said:
    mrussel1 said:
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
    First off, the numbers are through Feb.  You are comparing to a completed year.   Second, yes my likelihood might be exceedingly low because I have modern MMR.  But it's spreading through the unvaccinated community at a higher rate.  And while those that were stupid enough to not take them to support their politics, I'm more worried about the infants and immuno-compromised that rely on heard immunity.  

    The county where this took off (Gaines) had a 5% opt-out rate just a few years ago.  Now it's 14%.  No surprise.  Ft Worth kinder students were 95% MMR vaxed in 2019.  Now incoming number is 84%.  You don't think that will make a difference?
    I am vaxxed and most sane people too.  This is only going to have an affect on them.

    It shouldn't bee too many years before they realize how dumb this hill is to climb, or not.  The hardcore religious here in NY have been getting by for years so I honestly don't know but, if you are vaxxed and have your offspring vaxxed, this is nothing.

    The amount of people that get infected will be a drop in the bucket too so maybe I am wrong about them learning their lesson?
    Remember that the newborn, elderly and sick rely on herd immunity.  So it isn't just the people who chose this path.  
    I don't see it as a problem.  If you do numbers and probabilities the percentage is still really low.

    We have had the Orthodox here in the city not vaxxed for all of humanity and it never creeps up out of control and they do walk among us every day.  That's my take on it.  Real life experience and numbers to back it up.

    14 cases last year.  Thats not a lot for a city of 4 million people. .000035%  So i was actually off on my percentage by a few hundred thousandths.
  • mrussel1mrussel1 Posts: 30,487
    mrussel1 said:
    mrussel1 said:
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
    First off, the numbers are through Feb.  You are comparing to a completed year.   Second, yes my likelihood might be exceedingly low because I have modern MMR.  But it's spreading through the unvaccinated community at a higher rate.  And while those that were stupid enough to not take them to support their politics, I'm more worried about the infants and immuno-compromised that rely on heard immunity.  

    The county where this took off (Gaines) had a 5% opt-out rate just a few years ago.  Now it's 14%.  No surprise.  Ft Worth kinder students were 95% MMR vaxed in 2019.  Now incoming number is 84%.  You don't think that will make a difference?
    I am vaxxed and most sane people too.  This is only going to have an affect on them.

    It shouldn't bee too many years before they realize how dumb this hill is to climb, or not.  The hardcore religious here in NY have been getting by for years so I honestly don't know but, if you are vaxxed and have your offspring vaxxed, this is nothing.

    The amount of people that get infected will be a drop in the bucket too so maybe I am wrong about them learning their lesson?
    Remember that the newborn, elderly and sick rely on herd immunity.  So it isn't just the people who chose this path.  
    I don't see it as a problem.  If you do numbers and probabilities the percentage is still really low.

    We have had the Orthodox here in the city not vaxxed for all of humanity and it never creeps up out of control and they do walk among us every day.  That's my take on it.  Real life experience and numbers to back it up.

    14 cases last year.  Thats not a lot for a city of 4 million people. .000035%  So i was actually off on my percentage by a few hundred thousandths.
    Orthodox Jews are not anti-vax.  I don't know why you think they are. 

    And of course you are not worried if you are vaxxed.  That's the whole point.  But when do you get concerned?  When 14% becomes 30%?  
  • Jearlpam0925Jearlpam0925 Deep South Philly Posts: 17,372
    edited March 10
    Yeah man not to pile on but that's the exact problem every epidemiologist and public health official has been trying to pound into our collective heads. Just because you're vaxed doesn't mean the idea of letting anti-vax people to proliferate is a public health benefit. The more this mindset takes hold the worse off we are. It's why COVID is never necessarily over because it's here to stay because we're an incredibly stupid species.

    This is just in 2019:


    https://youtu.be/Z2swde6Z97w?si=8DbsZqzSQhHYTK0x

    Semi-related:

    Anyone watch this jubilee video yet with Sam Seder? Holy hell we're doomed.


  • tempo_n_groovetempo_n_groove Posts: 40,724
    mrussel1 said:
    mrussel1 said:
    mrussel1 said:
    mickeyrat said:
    Tomorrow's jobs report could very well be an absolute bloodbath, by the way.

    So at least rates are coming down as a result of all this bullshit.
    And I dunno know about that man, certainly sounds like stagflation to me.


    There is NOT more measles.  Look at the charts.  We are no where near 2019 stats and we are only at a .0004% of catching it.
    First off, the numbers are through Feb.  You are comparing to a completed year.   Second, yes my likelihood might be exceedingly low because I have modern MMR.  But it's spreading through the unvaccinated community at a higher rate.  And while those that were stupid enough to not take them to support their politics, I'm more worried about the infants and immuno-compromised that rely on heard immunity.  

    The county where this took off (Gaines) had a 5% opt-out rate just a few years ago.  Now it's 14%.  No surprise.  Ft Worth kinder students were 95% MMR vaxed in 2019.  Now incoming number is 84%.  You don't think that will make a difference?
    I am vaxxed and most sane people too.  This is only going to have an affect on them.

    It shouldn't bee too many years before they realize how dumb this hill is to climb, or not.  The hardcore religious here in NY have been getting by for years so I honestly don't know but, if you are vaxxed and have your offspring vaxxed, this is nothing.

    The amount of people that get infected will be a drop in the bucket too so maybe I am wrong about them learning their lesson?
    Remember that the newborn, elderly and sick rely on herd immunity.  So it isn't just the people who chose this path.  
    I don't see it as a problem.  If you do numbers and probabilities the percentage is still really low.

    We have had the Orthodox here in the city not vaxxed for all of humanity and it never creeps up out of control and they do walk among us every day.  That's my take on it.  Real life experience and numbers to back it up.

    14 cases last year.  Thats not a lot for a city of 4 million people. .000035%  So i was actually off on my percentage by a few hundred thousandths.
    Orthodox Jews are not anti-vax.  I don't know why you think they are. 

    And of course you are not worried if you are vaxxed.  That's the whole point.  But when do you get concerned?  When 14% becomes 30%?  


    We should carry this over to the other thread actually.
  • mrussel1mrussel1 Posts: 30,487
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 43,062
    mrussel1 said:
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  

    It's just a minor disruption.  He's going to make us all rich with millions and millions of dollars!  He's going to pave the streets with gold and we will all be fabulously wealthy!  He even said so!  "We're going to become so rich, you're not gonna know where to spend all that money. I'm telling you—just watch!"
    Yeah... Ah uh....
    "It's a sad and beautiful world"
    -Roberto Benigni











  • VitalogensiaVitalogensia Posts: 2,104
    Yeah man not to pile on but that's the exact problem every epidemiologist and public health official has been trying to pound into our collective heads. Just because you're vaxed doesn't mean the idea of letting anti-vax people to proliferate is a public health benefit. The more this mindset takes hold the worse off we are. It's why COVID is never necessarily over because it's here to stay because we're an incredibly stupid species.

    This is just in 2019:


    https://youtu.be/Z2swde6Z97w?si=8DbsZqzSQhHYTK0x

    Semi-related:

    Anyone watch this jubilee video yet with Sam Seder? Holy hell we're doomed.


    I tried to watch because Sam Seder is phenomenal. I couldn’t watch the entire thing because of the non-Sam Seders in the room. 
    Virginia Beach 2000; Pittsburgh 2000; Columbus 2003; D.C. 2003; Pittsburgh 2006; Virginia Beach 2008; Cleveland 2010; PJ20 2011; Pittsburgh 2013; Baltimore 2013; Charlottesville 2013; Charlotte 2013; Lincoln 2014; Moline 2014; St. Paul 2014; Greenville 2016; Hampton 2016; Lexington 2016; Wrigley 2016; Prague 2018; Krakow 2018; Berlin 2018; Fenway 2018; Camden 2022; St. Paul 2023; MSG 1 2024; Baltimore 2024
  • Halifax2TheMaxHalifax2TheMax Posts: 40,754
    mrussel1 said:
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  
    Sounds like you have a severe case of TDS. Spend less time here and more time on more liberal websites. Or check out completely for the next 1,411 days.
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  • mrussel1mrussel1 Posts: 30,487
    mrussel1 said:
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  
    Sounds like you have a severe case of TDS. Spend less time here and more time on more liberal websites. Or check out completely for the next 1,411 days.
    You're probably right.  I spent some time today on Yahoo Finance and my E-trade account and all it fed me was the liberal agenda of falling equity prices.  I'm sure it's fake news.  I did my own research on Fox and there is nothing about the market tanking, that's how I know it isn't happening.  
  • Merkin BallerMerkin Baller Posts: 12,204
    Yeah man not to pile on but that's the exact problem every epidemiologist and public health official has been trying to pound into our collective heads. Just because you're vaxed doesn't mean the idea of letting anti-vax people to proliferate is a public health benefit. The more this mindset takes hold the worse off we are. It's why COVID is never necessarily over because it's here to stay because we're an incredibly stupid species.
    That we are. 
  • OnWis97OnWis97 St. Paul, MN Posts: 5,460
    mrussel1 said:
    mrussel1 said:
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  
    Sounds like you have a severe case of TDS. Spend less time here and more time on more liberal websites. Or check out completely for the next 1,411 days.
    You're probably right.  I spent some time today on Yahoo Finance and my E-trade account and all it fed me was the liberal agenda of falling equity prices.  I'm sure it's fake news.  I did my own research on Fox and there is nothing about the market tanking, that's how I know it isn't happening.  
    Elon Musk promised us hard times. And he's delivering.
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  • Hawk123Hawk123 Posts: 2,349
    OnWis97 said:
    mrussel1 said:
    mrussel1 said:
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  
    Sounds like you have a severe case of TDS. Spend less time here and more time on more liberal websites. Or check out completely for the next 1,411 days.
    You're probably right.  I spent some time today on Yahoo Finance and my E-trade account and all it fed me was the liberal agenda of falling equity prices.  I'm sure it's fake news.  I did my own research on Fox and there is nothing about the market tanking, that's how I know it isn't happening.  
    Elon Musk promised us hard times. And he's delivering.
    Don’t you just love when billionaires tell you hard times are ahead? I’m sure it’s really hard for them to get by. 
  • mrussel1mrussel1 Posts: 30,487
    OnWis97 said:
    mrussel1 said:
    mrussel1 said:
    Hi, it's Tuesday, less than two months into the administration and Trump is costing me a lot of money again today with his stupid statements about tariffs.  The market is reacting, as it should, to the uncertainty.  So once again, he is giving us all of the market downside of a closed economy and none of the "upside" of higher prices.  Swell.  
    Sounds like you have a severe case of TDS. Spend less time here and more time on more liberal websites. Or check out completely for the next 1,411 days.
    You're probably right.  I spent some time today on Yahoo Finance and my E-trade account and all it fed me was the liberal agenda of falling equity prices.  I'm sure it's fake news.  I did my own research on Fox and there is nothing about the market tanking, that's how I know it isn't happening.  
    Elon Musk promised us hard times. And he's delivering.
    Promises made, promises kept.  
  • Jearlpam0925Jearlpam0925 Deep South Philly Posts: 17,372
    This is the general mindset that we were talking about @mickeyrat, but only much more poisoned:

    https://x.com/ChadNotChud/status/1899539984417231285?t=McRcjCyA0kfqK3AA6bryIQ&s=19
  • Hawk123Hawk123 Posts: 2,349
    If this is considered Biden’s market still, then the lower than expected inflation reading is his too. Well done Joe! At least someone is lowering prices. 
  • mickeyratmickeyrat Posts: 43,048
    This is the general mindset that we were talking about @mickeyrat, but only much more poisoned:

    https://x.com/ChadNotChud/status/1899539984417231285?t=McRcjCyA0kfqK3AA6bryIQ&s=19

    will you screenshot that or copy/paste its text? I no longer go to that website/app.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Jearlpam0925Jearlpam0925 Deep South Philly Posts: 17,372
    mickeyrat said:
    This is the general mindset that we were talking about @mickeyrat, but only much more poisoned:

    https://x.com/ChadNotChud/status/1899539984417231285?t=McRcjCyA0kfqK3AA6bryIQ&s=19

    will you screenshot that or copy/paste its text? I no longer go to that website/app.
    Get on Bluesky then.

    Best I can do is go to the full video and go to the 44:30 mark. Fair warning: if you watch this entire video your head will implode and you'll spontaneously combust, so be careful.

    https://youtu.be/Js15xgK4LIE?si=7Jej7a8se2kO4cUr
  • mickeyratmickeyrat Posts: 43,048
    mickeyrat said:
    This is the general mindset that we were talking about @mickeyrat, but only much more poisoned:

    https://x.com/ChadNotChud/status/1899539984417231285?t=McRcjCyA0kfqK3AA6bryIQ&s=19

    will you screenshot that or copy/paste its text? I no longer go to that website/app.
    Get on Bluesky then.

    Best I can do is go to the full video and go to the 44:30 mark. Fair warning: if you watch this entire video your head will implode and you'll spontaneously combust, so be careful.

    https://youtu.be/Js15xgK4LIE?si=7Jej7a8se2kO4cUr

    am on bluesky and have seen clips of seder on threads. mainly of the one kid who clearly does not know his ass from a hole in the ground. thanks for the link to the whole thing.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Jearlpam0925Jearlpam0925 Deep South Philly Posts: 17,372
    Man, I have found a new person to get indoctrinated by, this guy is great:

    https://youtu.be/XCnImxVWbvc?si=QGaf9JEB2VAGfcLd
  • mickeyratmickeyrat Posts: 43,048
    feels like a problem...


    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
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