tsar
yes, the only time you can print money to "lend": to ensure the profits of shareholders
Any confirmed corona cases in the tf2 community?
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[quote=tsar][/quote]
yes, the only time you can print money to "lend": to ensure the profits of shareholders
yes, the only time you can print money to "lend": to ensure the profits of shareholders
hey guys let’s take a break for a moment here real quick.
just wanted to let you all know that if you bought more than one package of toilet paper that you’re an ape
that’s all. you can talk about inflation or whatever now
hey guys let’s take a break for a moment here real quick.
just wanted to let you all know that if you bought more than one package of toilet paper that you’re an ape
that’s all. you can talk about inflation or whatever now
just wanted to let you all know that if you bought more than one package of toilet paper that you’re an ape
that’s all. you can talk about inflation or whatever now
grocery shopping was great today, barely anyone out. only shortage I see is meat, why would people stock up on meat?
grocery shopping was great today, barely anyone out. only shortage I see is meat, why would people stock up on meat?
-protogrocery shopping was great today, barely anyone out. only shortage I see is meat, why would people stock up on meat?
no mince here, no deep freeze pizzas here, at least corn flakes were untouched
it's weird how panic shoppers work "yeah let's get the food that relies on appliances to work 24/7 and leave the dry store food alone"
[quote=-proto]grocery shopping was great today, barely anyone out. only shortage I see is meat, why would people stock up on meat?[/quote]
no mince here, no deep freeze pizzas here, at least corn flakes were untouched
it's weird how panic shoppers work "yeah let's get the food that relies on appliances to work 24/7 and leave the dry store food alone"
no mince here, no deep freeze pizzas here, at least corn flakes were untouched
it's weird how panic shoppers work "yeah let's get the food that relies on appliances to work 24/7 and leave the dry store food alone"
[img]https://cdn.discordapp.com/attachments/687147592206909469/688706772625653778/9812379ba9a045eb16d9f75fb2fe274246bbc81d35cbd473ad47253652250746.png[/img]
tsarAre you saying the Fed shouldn't have lowered rates/this isn't what would have happemed of the President wasn't Trump. Emergency meetings to adjust rates are pretty normal and unrelated from the President.
I don't like Trump at all, and it's clear he wishes to control the Fed and probably thinks it is part of the "Deep State" theory he belongs in for no reason, but I don't get you angle here.
Also to say "The Fed" has same over this past decade also doesn't make that much sense as the Chairman and most of the Board of Governors are different people then in 2010. What you're saying is akin to blaming "The Executive Branch" for bad actions over the past decade
Also IMO the Fed has acted well since 2010. They kept rates too low in the 2000s, but all the chaos in 2008 onward was the result of shady practices in Investment Banks which are not part of the Federal Reserve system
well I meant that interest gained on the repurchase market will go away with negative rates.
this is just my opinion, but we kept recession level rates for 7 years after the recession ended. then we lowered these rates for temporary market corrections in 2019 despite that year being +30% across every major index, so now when we actually could use the stimulus, theres a lot less to actually cut. I also think it's useless, the coronavirus has largely resulted in a supply shock, and you can't exactly stimulate demand when everybody is too scared to leave their homes
[quote=tsar]
Are you saying the Fed shouldn't have lowered rates/this isn't what would have happemed of the President wasn't Trump. Emergency meetings to adjust rates are pretty normal and unrelated from the President.
I don't like Trump at all, and it's clear he wishes to control the Fed and probably thinks it is part of the "Deep State" theory he belongs in for no reason, but I don't get you angle here.
Also to say "The Fed" has same over this past decade also doesn't make that much sense as the Chairman and most of the Board of Governors are different people then in 2010. What you're saying is akin to blaming "The Executive Branch" for bad actions over the past decade
Also IMO the Fed has acted well since 2010. They kept rates too low in the 2000s, but all the chaos in 2008 onward was the result of shady practices in Investment Banks which are not part of the Federal Reserve system[/quote]
well I meant that interest gained on the repurchase market will go away with negative rates.
this is just my opinion, but we kept recession level rates for 7 years after the recession ended. then we lowered these rates for temporary market corrections in 2019 despite that year being +30% across every major index, so now when we actually could use the stimulus, theres a lot less to actually cut. I also think it's useless, the coronavirus has largely resulted in a supply shock, and you can't exactly stimulate demand when everybody is too scared to leave their homes
Are you saying the Fed shouldn't have lowered rates/this isn't what would have happemed of the President wasn't Trump. Emergency meetings to adjust rates are pretty normal and unrelated from the President.
I don't like Trump at all, and it's clear he wishes to control the Fed and probably thinks it is part of the "Deep State" theory he belongs in for no reason, but I don't get you angle here.
Also to say "The Fed" has same over this past decade also doesn't make that much sense as the Chairman and most of the Board of Governors are different people then in 2010. What you're saying is akin to blaming "The Executive Branch" for bad actions over the past decade
Also IMO the Fed has acted well since 2010. They kept rates too low in the 2000s, but all the chaos in 2008 onward was the result of shady practices in Investment Banks which are not part of the Federal Reserve system[/quote]
well I meant that interest gained on the repurchase market will go away with negative rates.
this is just my opinion, but we kept recession level rates for 7 years after the recession ended. then we lowered these rates for temporary market corrections in 2019 despite that year being +30% across every major index, so now when we actually could use the stimulus, theres a lot less to actually cut. I also think it's useless, the coronavirus has largely resulted in a supply shock, and you can't exactly stimulate demand when everybody is too scared to leave their homes
https://slate.com/business/2020/03/coronavirus-groceries-supermarket.html
fuck chocolate hummus
https://slate.com/business/2020/03/coronavirus-groceries-supermarket.html
fuck chocolate hummus
fuck chocolate hummus
It may not be true that the 1.5 trillion from the fed is a pure stimulus and not a low-interest loan but this context is important to show just HOW low-interest we're talking:
https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
EDIT: also, even if you acknowledge that the Fed is doing its job and there's nothing inherently wrong with their monetary policies, it still shows an extreme lack of priorities in our country when a federal agency can throw trillions around with no legislative oversight to help out the financial sector but random individual people have to settle for high-interest credit card or payday loans (and we sure as shit never get a bailout!)
I thought this piece was a good summary
https://theweek.com/articles/901853/feds-15-trillion-intervention-explained
It may not be true that the 1.5 trillion from the fed is a pure stimulus and not a low-interest loan but this context is important to show just HOW low-interest we're talking:
https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
EDIT: also, even if you acknowledge that the Fed is doing its job and there's nothing inherently wrong with their monetary policies, it still shows an extreme lack of priorities in our country when a federal agency can throw trillions around with no legislative oversight to help out the financial sector but random individual people have to settle for high-interest credit card or payday loans (and we sure as shit never get a bailout!)
I thought this piece was a good summary
https://theweek.com/articles/901853/feds-15-trillion-intervention-explained
https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
EDIT: also, even if you acknowledge that the Fed is doing its job and there's nothing inherently wrong with their monetary policies, it still shows an extreme lack of priorities in our country when a federal agency can throw trillions around with no legislative oversight to help out the financial sector but random individual people have to settle for high-interest credit card or payday loans (and we sure as shit never get a bailout!)
I thought this piece was a good summary
https://theweek.com/articles/901853/feds-15-trillion-intervention-explained
the first guy in america who died from it lived in my neighborhood but im gonna be alright
the first guy in america who died from it lived in my neighborhood but im gonna be alright
yes but does anyone in the TF2 community suffer from corona ????
yes but does anyone in the TF2 community suffer from corona ????
I work in a restaurant, which obviously has to severely cut down on staffing, menu, and fucking everything else, so I'm probably going to be out of a job for who knows how long. The kicker, though, is that it appears I'm about 2 weeks before the minimum time worked at a job to qualify for unemployment because I only started with them like 3 months ago
Yay
I work in a restaurant, which obviously has to severely cut down on staffing, menu, and fucking everything else, so I'm probably going to be out of a job for who knows how long. The kicker, though, is that it appears I'm about 2 weeks before the minimum time worked at a job to qualify for unemployment because I only started with them like 3 months ago
Yay
Yay
3006yes but does anyone in the TF2 community suffer from corona ????
No we enjoy it.
[quote=3006]yes but does anyone in the TF2 community suffer from corona ????[/quote]
No we enjoy it.
No we enjoy it.
tsarDo you want legislative oversight of the Fed?
If that were the case, important policy maneuvers such as Paul Volcker 's anti-stagflation interest rate hike in the 1980s would never happen as no self-serving congressperson would want the blood on their hands for starting a recession when it really was needed.
I'm more saying that our national priorities are way out of whack and that we should expect much more relief from Congress (and many more strings attached when they bail out insolvent financial institutions).
I'm not an economist, and you'd probably run circles around me with jargon if we keep talking about this, but suffice it to say that I'm not gonna see eye to eye with someone who sees Paul Volcker's actions as necessary and proportionate, rather than as one of the worst financial policy decisions ever made in this country, whose ramifications have arguably never been fully recovered from on a literal global scale.
[quote=tsar]
Do you want legislative oversight of the Fed?
If that were the case, important policy maneuvers such as Paul Volcker 's anti-stagflation interest rate hike in the 1980s would never happen as no self-serving congressperson would want the blood on their hands for starting a recession when it really was needed.
[/quote]
I'm more saying that our national priorities are way out of whack and that we should expect much more relief from Congress (and many more strings attached when they bail out insolvent financial institutions).
I'm not an economist, and you'd probably run circles around me with jargon if we keep talking about this, but suffice it to say that I'm not gonna see eye to eye with someone who sees Paul Volcker's actions as necessary and proportionate, rather than as one of the worst financial policy decisions ever made in this country, whose ramifications have arguably never been fully recovered from on a literal global scale.
Do you want legislative oversight of the Fed?
If that were the case, important policy maneuvers such as Paul Volcker 's anti-stagflation interest rate hike in the 1980s would never happen as no self-serving congressperson would want the blood on their hands for starting a recession when it really was needed.
[/quote]
I'm more saying that our national priorities are way out of whack and that we should expect much more relief from Congress (and many more strings attached when they bail out insolvent financial institutions).
I'm not an economist, and you'd probably run circles around me with jargon if we keep talking about this, but suffice it to say that I'm not gonna see eye to eye with someone who sees Paul Volcker's actions as necessary and proportionate, rather than as one of the worst financial policy decisions ever made in this country, whose ramifications have arguably never been fully recovered from on a literal global scale.
https://images-ext-2.discordapp.net/external/58jxjGRGMZv3FcZjDhI-4qB5J8xbxf1FrXfbH-cFyIY/%3Ftag%3D10/https/video.twimg.com/ext_tw_video/1239864285507072002/pu/vid/1280x720/MEIyH_-SP5rkj0El.mp4
3006yes but does anyone in the TF2 community suffer from corona ????
fantaaddiction has it, he says hes fine
[quote=3006]yes but does anyone in the TF2 community suffer from corona ????[/quote]
fantaaddiction has it, he says hes fine
fantaaddiction has it, he says hes fine
just got tested, been having sharp pains in my lungs, shortness of breath and some other minor symptoms. doctor thinks I have it but we’ll see. 2-5 days for results. lol can’t China do it in like 15 mins? test wasn’t too bad, long thin swab put deep up into your nose. felt weird but didn’t really hurt, I find it funny how like 2 days ago in this thread I had an exchange with someone claiming that canada wasn’t testing people who haven’t travelled recently. I haven’t travelled or been in contact with a confirmed case and they tested me right away. Classic
just got tested, been having sharp pains in my lungs, shortness of breath and some other minor symptoms. doctor thinks I have it but we’ll see. 2-5 days for results. lol can’t China do it in like 15 mins? test wasn’t too bad, long thin swab put deep up into your nose. felt weird but didn’t really hurt, I find it funny how like 2 days ago in this thread I had an exchange with someone claiming that canada wasn’t testing people who haven’t travelled recently. I haven’t travelled or been in contact with a confirmed case and they tested me right away. Classic
[img]https://cdn.discordapp.com/attachments/583007079527350302/689701356688375828/90292455_2505903336405703_4277343529061056512_o.png[/img]
REV UP THOSE GUILLOTINES
https://www.theverge.com/2020/3/17/21184308/coronavirus-italy-medical-company-threatens-sue-3d-print-valves-treatments?
REV UP THOSE GUILLOTINES
REV UP THOSE GUILLOTINES
THE_BILLDOZER needs your thoughts and prayers my friends https://clips.twitch.tv/CulturedDreamyRhinocerosSuperVinlin
THE_BILLDOZER needs your thoughts and prayers my friends https://clips.twitch.tv/CulturedDreamyRhinocerosSuperVinlin
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