fellow user, can you elaborate more on this? It is the first I have heard of this. I am simple-minded.
John Murphy
he is married to a ccp chinese woman he is a closeted communist.
Dylan Evans
While one can debate for hours why there is a record $2.330 trillion in cash parked at the Fed's overnight facility and what it means for systemic plumbing problems, the fact is that there is a record $2.33 trillion in cash parked at the Fed's overnight facility, doing nothing.
Well not nothing: it was nothing when rates were zero, but at 1.55% which is the current reverse repo rate, that $2.33 trillion is a golden goose for the 108 counterparties that are parking cash at the facility, a mixture of money market funds, banks, GSEs and various other financial intermediaries.
Remember excess reserves? Well, technically excess reserves ended in March 2020 when the Fed reduced reserve requirement ratios to zero, thus converting the trillions in reserves held at the Fed from "excess reserves: to plain old "reserves" and which as of today amount to $3.13 trillion.
those are the two things that combine to 250 million a day in interest payments
and the interest payments are printed from thin air by the fed
but lets squeeze citizens because inflation bad.
Angel Diaz
>Americans need to have less money the government needs to have less money, actually...
Kevin Collins
Bro my and gf spent 900 on groceries in the last 30 days. Who the absolute fuck still has stimulus money
How is he wrong? You may not like his conclusion but he is factually correct.
Ian Harris
thank you. I understand what you said.
Carson Ward
hes probably talking about stimulus loans for companies
John Davis
checkerino
Hunter Bailey
This is why you don't allow registered sex offended to run office.
Owen Green
Why would I work at McDonalds for less than $15 an our when I can just jerk off on onlyfans and make a months wage in one day? The wrong people have too much money and they give it to me because I have perfect tits. Btfo incels.
Gavin Williams
RIght now it ain't the stimulus money keeping people away from work, those few thousand checks are long gone.
John Phillips
My sister used to get 300 a month in EBT but when the Covid shit started circulating around she started getting 800. Now they are cutting it back to 300 again. That varies state to state I believe but that must have been a pretty big impact on demand at least for all the things you can get with EBT.
Connor Phillips
If you just print money and buy all the produce in stores, then their money will run out faster.
Jaxon Thomas
Ah sweet, another r/AntiWork thread. It's only bad when the left does it amirite?
Jose Young
SNAP benefits were raised by 25% due to inflation, but CPI inflation numbers are way lower (and used to calculate SSI and other benefits for people the government doesn't like).
Isaac Phillips
What happened is a fuck ton of people went on disability
Robert Turner
COVID stimulus money was a drop in the hat nigger. Off yourself
Nathan Peterson
i wonder what he did in ukraine.. i bet he likes young boys.. ~5yo or something.
The money will run out. All those 250 000 plus illegals will take the jobs "no one wants". Looking bleak for Americans. Hope those who received unemployment invested in ARs and crap load of ammo.
Hudson Allen
The west is doomed Our politicians are complete retards I want to die
Hunter Sanders
>fool.com
Wyatt James
Stimulus came in several forms: enhanced unemployment, rent moratorium, unrealistic stonk/shitcoin gains and of course Drumpf's checks. Trillions of dollerinos entered the economy at the worst possible time and they need to be removed.
Low IQ individual right here. While I don't recommend or condone fool.com, this is why they are named that:
The Motley Fool’s name comes from William Shakespeare’s play “As You Like It”. The court jester, known as the Fool, could speak the truth to the king and queen without having his head lopped off.
And it was strictly for the article about 25% SNAP benefits, which you can verify from any other source of your choosing.
Nathaniel Hernandez
>It's only bad when the left does it Yes.jpg
Easton Rivera
>unrealistic stonk/shitcoin gains Kill yourself
Charles Myers
>And it was strictly for the article about 25% SNAP benefits, which you can verify from any other source of your choosing. No. Get a real one
Carson Carter
I still have the 2k sitting in a savings account.
Anthony Nelson
Lol how long does this retard think $2k lasts? It’s been over a year and nobody is getting benefits anymore; haven’t for awhile now
Brandon Clark
Yes , literally every black is on disability for mental issues.
Joshua Allen
Last guy who worked on my roof told me how he put the government handout plus his savings into dogecoin when it was around 60 cents.
Inflation solved.
Austin Morgan
The easy one is to claim anger management issues, you can't work because people make you upset. I'm not joking.
Ryan Bailey
American politicians are willfully retarded
Caleb Fisher
I don't know anyone who's not working currently. Infact I know more people taking shit jobs because it seems no one is hiring, only advertising the positions. Interestingly enough I know a few buisness owners who at the same time complain that they're getting no applications for positions either. I think someone is lieing.
Michael Thompson
>stimulus money How long are they going to stretch this nonsense out?
Lucas Ward
If people were still spending their stimulus money, you would expect the opposite effect. Employers would have to expand their businesses to meet increased consumer demand. Wages would then rise as the demand for labour increases. This was a big factor in the post-war recovery.
Lincoln Collins
Yup, in the hood nearly every nigger is on disability. The white liberal social workers sign them up for it.
Levi Phillips
I guess we need a lot more mexicans to do the jobs. Its amazing how Any Forums is against illegals coming over but then screeches "REEE I WOULD NEVER DO A JOB LIKE CARPENTRY!!!"
Julian Anderson
>1 pbtid >date cut out of the snip Eat shit op, this is a slide thread. Everyone knows McConnel is a fucking turtle kike. All fields.
Eli Harris
Based and truepilled. As a businessowner I fucking hate the socialist german cuckstate, that provides welfare recipients lavish lives whilst I cant get employees and get taxed up my ass.
Brayden Scott
Maybe tradesmen need to be paid more, and desk riding codemonkey homos should eat shit forever.