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  1. Embed this notice
    Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 18-Sep-2024 08:47:24 JST Bread up, Bro Bread up, Bro
    remember, lowering the rate at the fed doesn't fix this, because it doesn't put any money in consumers' hands.
    In conversation about 10 months ago from poa.st permalink

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    1. https://i.poastcdn.org/004251137024a1f65166c874a8b553306ab115318b4088fd96f8bf0faddfa557.png
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 18-Sep-2024 08:48:15 JST Bread up, Bro Bread up, Bro
      in reply to
      All that can maybe happen with lower rates is businesses could do teaser rates .. for consumers to spend more money that they already don't have
      In conversation about 10 months ago permalink
    • Embed this notice
      you should buy a fumo (teatootler@poa.st)'s status on Wednesday, 18-Sep-2024 08:56:14 JST you should buy a fumo you should buy a fumo
      in reply to
      @sickburnbro deflation is the only thing that can fix what they've fucked up but the (((bankers))) won't go for that
      In conversation about 10 months ago permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 18-Sep-2024 08:56:14 JST Bread up, Bro Bread up, Bro
      in reply to
      • you should buy a fumo
      @TeaTootler well, deflation is rough for a lot of companies. Anything you've purchased in the past and are still pay for becomes more expensive.

      If you've purchased a $10 million machine under the assumption that it will spit out widgets such that it pays for itself in 2 year, and you've financed $8mil of that.. if your widgets start selling for less, you still have that cost you incurred prior to the deflation.
      In conversation about 10 months ago permalink

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