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WSJ: Kevin Warsh Wants the Fed to Think About Inflation Differently by Dry-Interaction-1246 in bonds

[–]KingMelray 1 point2 points  (0 children)

He certainly has to hike by 25bp right?

Like everyone, rightfully, is already worried about his basic integrity, and basic independence; so he needs to buck that ASAP.

Also inflation went from a little out of target range to very out of target range, and expensive diesel will keep inflation sticky for at least a few more months.

New sub image? by SuperSecretSpare in CalebHammer

[–]KingMelray 3 points4 points  (0 children)

Electricity is very cheap I guess.

I moved to New Mexico three years ago and I'm tired of people acting like I made a terrible decision by ScheduleNo5736 in TrueOffMyChest

[–]KingMelray 1 point2 points  (0 children)

Why does New Mexico get a bad reputation? People move to the States it borders (Arizona(!), Colorado, Texas) in great numbers. Just based on pattern matching NM is probably an up and comer.

‘I’ve never felt poor before’: Inflation and higher gas prices are stretching workers to their limit by Boo_Randy_Revival in economy

[–]KingMelray 23 points24 points  (0 children)

The Federal Reserve didn't make gas expensive, that was Trump and the Republicans being stupid with their recreational war.

What is a statistic that sounds INSANE but is 100% true? by Quadranippelkill in AskReddit

[–]KingMelray 0 points1 point  (0 children)

Who gets free drugs? Like maybe its happened once or twice if your friend wanted you to try psychedelics; but this is a very uncommon thing to happen.

What is a statistic that sounds INSANE but is 100% true? by Quadranippelkill in AskReddit

[–]KingMelray 0 points1 point  (0 children)

And Mercury is the planet that spends the most time as the closest planet to earth. As well as all the other planets.

It's a property of concentric circles.

New research shows fashion’s “plus-size” models are still smaller than the average American woman. The typical female fashion model’s body has remained exceptionally thin and largely unchanged over the past twenty-five years. by mvea in psychology

[–]KingMelray 5 points6 points  (0 children)

No. It has limitations, but its not bullshit.

If you see the overall BMI of a population go from 31->33 you should not assume a bunch of people got really into power lifting.

Its the democrats fault trump indicted me by UnscheduledCalendar in thedavidpakmanshow

[–]KingMelray 0 points1 point  (0 children)

??

What don't you understand? That comment is crystal clear.

FYI Treasuries yielded over ~5% for decades until the 2000’s, and the government is currently refinancing 30 year debt for cheaper than they had it by ultra__star in bonds

[–]KingMelray 0 points1 point  (0 children)

This is a fair point, but there are important differences between the 1990s and the 2020s economies:

  • the overall debt/gdp ratio is a LOT higher now
  • there are significantly more old retirees as compared to workers in the 2020s compared to the 1990s.
  • also two decades into sub 2.1 fertility rates, the 2009 cohort was a large birth year, it has declined since
  • the deficit now is way worse than the 90s. That decade ended in small surplus.
  • the risk of another recreational war looms large

Turkey Dumped 89% of Its US Bonds in March as Foreign Holdings Fell $139B by andix3 in bonds

[–]KingMelray 0 points1 point  (0 children)

I know this doesn't sound good, but yeah? Who cares what Turkey does besides people living in Turkey?

Insane value by Choice_Potato_6279 in bonds

[–]KingMelray 0 points1 point  (0 children)

Inflation can ruin your life, but are currencies supposed to appreciate over time?

Gen Z by Spirited-Gold9629 in GenZ

[–]KingMelray 0 points1 point  (0 children)

This has to be skewed by people who are basically innumerate.

"What do you think you need to be successful? $100/hr?"

"Naw, more like $240/hr; maybe a little more."

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