Posted on 09/18/2024 1:18:17 PM PDT by xoxox
If this isn’t election interference, I don’t know what is.
The Fed today slashed interest rates by the biggest amount in 16 YEARS, a whopping 50 basis points from 5.50% to 5.00%. With the economy roaring along (thanks to Covid-related massive Federal spending), there was no good reason to slash rates. Other than to get Kamala (Hyena) Harris across the finish line.
The Fed’s bloated balance sheet remains bloast at 7.115 TRILLION.
The dots plot reveals more rate cuts to come. Or as the flea sang, Food Around The Corner.
Of course.
And gas prices are plummeting as I have been telling my family they would before the election.
They are counting on people being short sighted enough to not remember what the prices were when Trump left office and who has been responsible for the last four years of economic hardship.
And sadly, the sheeple will
Ditto.
Usury is still a sin for Christians, it has been illegal before and it will be illegal again.
A Jubilee is inevitable. There will be pain that gets spread around, for sure - the sooner we rip off the band-aid, the less pain in the long run.
All usurers should have their bags packed - it will come sooner than people think. Jesus did it the first time with a whip made of cords, but his Father has many more tools in the toolbox.
In the past, I would have disagreed with you. Today, I cannot.
Who’s going to be taking out loans in October because of this relatively insignificant fed change?
Guessing the average credit rating isn’t that good right now so very, very few would actually benefit from it. Existing loans won’t change, and unlikely CCs will budge any time soon.
This is more about MSM/Rat talking points re artificial economic improvements.
Fed favors there Dem masters
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