Federal Reserve insider here

Federal Reserve insider here.
Looks like the board had unironically believed that inflation was peaking, and now panic is settling in. Even some categories like used cars, which experienced price decline in May, jumped up in June. This pretty much confirms a 75, maybe even 100 basis point hike the after the meeting. Looking increasingly unlikely that this mess will be sorted without forcing a full blown market crash, and everyone all the way up to JPOW is nervous for their jobs. I give it 80% odds we'll be going full Volcker by September.
Some of you are okay, don't go to the markets before the next FOMC.

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Shut up, kike.

what does this mean for housing prices?

>Looks like the board had unironically believed that inflation was peaking
Are they really that retarded? Gib more details on how incompetent these people are.

Yes please. if they are this retarded, there's gotta be some hilarious stories out there

Keep us posted

The board thinks the last ten years' boom is the result of organic business growth due to "productivity increases" and other buzzwords. They unironically got blinded by their own excellency, thought we had a robust economy, not realizing it's all hot air created by post-2008 endless QE. The only reason JPOW was even chosen is that he was the most positive towards easy money policies, and Trump thought booming 401Ks would propel him to a second term. Frankly, JPOW was the dumbest and most sheepish candidate.
The widespread belief once QT started was that major indices would not enter a bear market before inflation peaked in the summer, and we would magically avert both a recession and stagflation. The Biden budget is based on this assumption, too. The current mood is fucking abhorrent, it feels like everyone is starting to realize there is no way to fix our economy, but nobody is saying it out loud.

>The board thinks the last ten years' boom is the result of organic business growth due to "productivity increases" and other buzzwords.

Nobody here ever thought that you faggot.

>reading comprehension

The guy who snakes the clogs from my toilet had this figured out better than our top economists? Color me surprised.

No

hes talking about the federal reserve board you complete retard. hey actually you sound like a good candidate for a board member why don't you go apply

Stop making it look like Americans can’t read. “The board” means the federal reserve board. The mega Jews that run the banks of our country and shape monetary policy.
If this is true then we’re in for a bumpy ride. I was hoping the fed would have Jew money magic waiting to be deployed because they knew how bad it was out here. If they were blinded by bullshit then we’re going mock 3 at an iceberg with no way to correct.

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>The board thinks the last ten years' boom is the result of organic business growth due to "productivity increases" and other buzzwords.

incorrect

most of the board believes the underlying issues resulting in the 2008 crash were never fixed and the issues we have now are a result of that.

What IS the plan? Do they have one or is everyone waiting for the music to stop?

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+1

Not my problem.

Why don't you fags just use Bitcoin.

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I'm borderline financially illiterate and even I know this is nonsensical. We are truly governed by morons.

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Inflation means higher housing prices. Although rising interest rates will curb runaway appreciation, I would bet the farm on prices being up YOY this time in 2023.

Haha. There is NO plan, except moving to private banking/hedge fund/IMF jobs or retiring before shit completely hits the fan.
Try googling Federal Reserve resignations. And google it again in the fall.

>Federal Reserve insider here.
Doesn't mention how the Federal Reserve is owned by 8 Jewish families and behind every single economic collapse in the history of USA.

Imagine yourself repeating comforting lies in the front of the entire nation for multiple years straight. Eventually you start believing it.

Wasn't that the plan to crash the economy?
Why are they pushing CBDCs that'll enslave poorfags while simultaneously killing the middle class?

You work for demons.

OP, do you have any opinions on a silver backed currency?

Used automobiles are different.
They're going to go up forever because nobody wants some computerized piece of shit that only a dealership can repair, that manufacturers can geolocate and track, and that you have to pay monthly software licensing fees on to keep your fucking key fob and power windows working.

Yeah it's called America pre-1964
Worked great, but was ultimately kiked out of existence.

Gold backed

This is probably the crux of most of America's issues today; everyone in a position of power, that got there by lying and manipulating everyone around them, started believing their own bullshit. I suspect this wasn't the case 60-70 years ago, when brandy-swigging, cigar smoking suits all knew the deal. This leads me to one of two conclusions:
>a. these people accidently brainwashed themselves
>b. these people have been subjected to the same traumatic brainwashing we are, only on a much more personalized level due to their positions
Or both. Who knows.

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Nope. The ideal situation for the Fed is assets growing steadily ad infinitum. There is no point in forcing a crash when central banks already hold more power than anyone could imagine. It would just embolden the calls to audit the Fed, occupy Wall Street, and other kinds of unpleasant stuff. The coming crash will be 100% caused by pure incompetency by grown ass men.
But yes, when it happens, expect it to get fully exploited in favor of CBDCs, crypto bans, bank bailouts, and such. I'm 100% sure CBDCs would get eventually forced down our throats even without a crash, though.

They can't outrun this in the private sector though?

thats why Biden passed a bill the other day to add more ethanol from 10% to 15% in the gasoline

this will ruin old engines and won't even bring prices at the pump down

They can't do anymore bailouts though without driving inflation even higher?

he might not be initiated.
look you don't have to believe us. We're just internet "schizos" who've been right about the whole Covid Op from day one, but here's the QRD for you:
There is a secretive cabal of sinister technocrats and banking families that are seeking to reset the western economy into an entirely top-down, communist dictatorship-esque technocracy.
Part of their plan is to intentionally crash the world economy and present a "Solution" which is essentially a digital currency that they have complete control over, and along with biometric tracking and health passports they will be able to control what you eat, where you go, and what you do. They will be able to stifle all opposition by locking you out of the economy and seizing your purely digital assets.
Those incompetent people were put in place on purpose, to accomplish exactly what is happening.
Maybe I'm wrong. Maybe you're wrong. these are just words, just like yours.
Either way it seems like you're wise enough to know what's coming. start stocking up now

Which tokens do you like for surviving this?

Comfy advisory roles slightly further from the eye of the shit hurricane will, for many, be the lifeboat.

Anything with EFI will be fine. It's older cars with carbs that use cork seals and what not that need some modification.

Housing prices have already started to decline. Wages are not keeping pace with inflation. Inflation is most visible in necessities like food and fuel. This leaves less money for housing. Combined with higher interest rates means less of an individual’s housing budget goes towards purchase price and more towards interest.
To weather this storm raise as much cash as you can. Inflation will tip to deflation in the coming months if the fed follows through with their rate hikes and decreasing balance sheet.

They drove in the last nail coffin for this empire. So you're saying they still don't realize how bad this is?

Thoughts on housing market direction? You mentioned Volcker.... that means prices plummet?

You contradicted yourself in that post.

Everyone knows you can't manage a planned economy efficiently, and their end goal is CBDCs.
So it would be impossible for the Fed to say that they're trying to keep the economy steady.

We all know the banks failed in September 2019 when the repo markets cracked, and then they pushed covid to cover it up and kill monetary velocity with lockdowns.
These people are kike demons and want to enslave humanity.

They're not trying to grow an economy, they're trying to control it.

federalreserve.gov/monetarypolicy/reservereq.htm
As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

March 15: The Centers for Disease Control and Prevention says Americans should cancel gatherings of 50 or more people for two months. Several states impose shutdown orders, closing bars and restaurants and banning large groups.
You faggots wrecked society, destroyed the reputation of the medical profession, and are throwing us into a world war/great depression.

Fuck you.

I think it was morgoth talking about the whole collective brainwashing term that was being passed around. It does seem that way and would make more sense that the people that run society have brainwashed themselves. rather then society has become brainwashed. Most people during covid just went along with it and kept their heads down to avoid trouble. Likewise during ww2 it was the nazi party elite that went crazy. That was the whole point of marching the average person through the concetration camp, to show them. which half of them didnt even know and the other half didnt know the full extent. either way this doesnt support either the notion that the average person went off the deep end from the frankfurt school perspective (the authoritarian personality) or the more american telling of it. as the average german was not eve aware of things. It had to have been therefore the elite of society that went crazy. both then and now.

>Are they really that retarded?
They are not at all retarded. They know what is happening and the negative effects of their actions. For political purposes they can’t say anything negative though.

It will likely be seen as preferable to seeing a domino of Lehman Brothers type events.

you think it will take til September to crash or could next week's FOMC do it?