Conversation

Notices

1. Embed this notice
   Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 11-Sep-2024 22:12:22 JST Bread up, Bro
   they won't do 50 now. the question is will this even spook them from 25
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 11-Sep-2024 22:29:03 JST Bread up, Bro

     in reply to
     another bad sign for the fed
   • Embed this notice
     ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame: (nitrodubs@poa.st)'s status on Wednesday, 11-Sep-2024 22:31:35 JST ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame:

     in reply to
     @sickburnbro They telegraphed a cut so much over the last month that not cutting 25 would itself spook the market right before the election. Their options look grim.
     Bread up, Bro likes this.
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 11-Sep-2024 22:33:28 JST Bread up, Bro

     in reply to

     • ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame:
     @NitroDubs many have seen this situation coming. Their options are bad or worse. Either you cut into a system already sliding into inflation and turbo charge the inflation, or you spook the market now ( and maybe avoid it in October )
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 11-Sep-2024 22:37:08 JST Bread up, Bro

     in reply to

     • ☢️ :hacker_s: :hacker_n: :hacker_e: :hacker_e: :hacker_d: :what_a_shame:
     @NitroDubs I've been saying this for a long time - once people are accustomed to raising prices, they are quick to react to anything. This is why the fast food places blasted their prices to the moon, and now are trying to step back. They didn't raise their prices high because of greed, they did it because they are extremely sensitive to inflation, having generally a low margin ( high property, material and labor costs ) so they raised prices assuming that the inflation was going to continue, especially for them, food especially.
     
     People are wary to raise prices when they feel consumers are banking on a known price and will simply not buy if it is too much. But consumers don't expect that now.
   • Embed this notice
     BroDrillard (brodrillard@nicecrew.digital)'s status on Wednesday, 11-Sep-2024 23:37:09 JST BroDrillard

     in reply to

     Looks like the fed successfully engineered another soft landing stagflation.

     Bread up, Bro likes this.
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 11-Sep-2024 23:37:41 JST Bread up, Bro

     in reply to

     • BroDrillard
     @BroDrillard The key to remember is that it's much harder to avoid a trap like this than it seems from the outside.