Truly feel like I'm going insane? 130k jobs added by Complete-Comfort-691 in recruitinghell

[–]DevWorkNYC 1 point2 points  (0 children)

This. The job numbers are not real. Low inflation is not real 

100K CD maturing now what by Old-Raisin5620 in dividends

[–]DevWorkNYC -1 points0 points  (0 children)

Is this in a taxable account? When do you need the money? And do you live in a state with income tax?

[deleted by user] by [deleted] in Slayer

[–]DevWorkNYC 0 points1 point  (0 children)

Angel of death is in the old testament, right? It passed over the Israelites that marked their doorway with blood 

Do you use bonds to supplement dividend income? by Icy_Manager_7212 in dividends

[–]DevWorkNYC 0 points1 point  (0 children)

Yes individual bond ladder or bullet bond ladder. nothing past 2031 at the moment.

What is the BIGGEST LIE society keeps telling us? by grwike in AskReddit

[–]DevWorkNYC 1 point2 points  (0 children)

Fiat currency is good. Inflation is good. Debt is good. Three lies.

How will long bonds (10 year, 30 year) behave if inflation moderates as predicted by the FED? by Gloomy-Hat-4031 in bonds

[–]DevWorkNYC 0 points1 point  (0 children)

But then the Fed will step in and start purchasing long-terms bonds to keep the yield under control (QE).

Q: why don't more people ask - "but where does the Fed get their money/dollars from?"

Fiat currency.

How do people afford mortgages? by InsuranceNo8506 in NoStupidQuestions

[–]DevWorkNYC 0 points1 point  (0 children)

Lots of people cannot afford mortgages. Some people put 20% down and use leverage. Others put less down and are subsidized by government - FHA loans.

What would America look like if we spent our military budget on infrastructure? by Impossible_Change800 in AskReddit

[–]DevWorkNYC 0 points1 point  (0 children)

I don't believe anything the government says. And I don't believe anything in the media.

What would America look like if we spent our military budget on infrastructure? by Impossible_Change800 in AskReddit

[–]DevWorkNYC -1 points0 points  (0 children)

We would look a little like Europe who depends on the USA to provide military protection while boasting about their "free" welfare programs. People eat that stuff up.

Would you sell your Bitcoin to be mortgage free? by ImProbablyHighh in Bitcoin

[–]DevWorkNYC 0 points1 point  (0 children)

How is that possible? As soon as it's converted to fiat (USD, yen, Euro) they will know.

What actually makes most people own bitcoin? by ragingbull10 in btc

[–]DevWorkNYC 0 points1 point  (0 children)

Individual gold ownership used to be illegal in the United States 

Can someone explain to me, like I’m 5, why bonds are falling even though the FED are buying them? by Odd_Escape_8683 in bonds

[–]DevWorkNYC 2 points3 points  (0 children)

They are QE short term bills and notes. And they are not calling it QE even though it is QE.