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Yahoo Finance Fed raises interest rates by 0.50%, largest move since 2000
Yahoo News ^ | 5/4/22 | Brian Cheung

Posted on 05/04/2022 1:05:07 PM PDT by EBH

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To: C210N

Yup—one hundred and ten years of plate spinning is an impressive feat by the magicians....

When the plates crash it will be epic.


21 posted on 05/04/2022 1:35:05 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: cgbg
Looking forward to having a ringside seat to watch the epic fall, in realtime.


22 posted on 05/04/2022 1:38:45 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: cgbg

And unfunded liabilities north of 169 trillion dollars and counting...

World War IV and a Global Reset /shiny side out


23 posted on 05/04/2022 1:39:40 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: cgbg

Meanwhile we have dopey and comrade Harris giving away money to the Ukraine which we don’t have. We have the stupidest “leadership” on the planet. And Congress just gave their staff a 23% increase in salaries? It is now and has forever been a spending problem. Even Murray Blum in the movie Dave explained very well to “Dave”.


24 posted on 05/04/2022 1:40:08 PM PDT by Metrobank
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To: SaveFerris

I hope they raise the rate to 15% so us old folks can make a little interest on our money.


25 posted on 05/04/2022 1:44:04 PM PDT by oldasrocks
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To: oldasrocks; cgbg

See “doom territory” above.

A can of soup will be $12.


26 posted on 05/04/2022 1:46:02 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: C210N

AT this rate, even hate filled Democrats will hate the Democrat party candidates in November.


27 posted on 05/04/2022 1:48:53 PM PDT by 1Old Pro
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To: EBH

Not enough to even remotely stall inflation nor its steady increase.


28 posted on 05/04/2022 1:52:42 PM PDT by cranked
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To: EBH

Refied at the lowest point. That’s TWICE in my life I’ve made good financial decisions.


29 posted on 05/04/2022 2:05:52 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: EBH

At this point - raising interest rates is simply a punishment/alternative tax on consumers. The current inflation is not due to low interest rates - but to intentional market manipulation via broken supply chains, China, and the Biden administration (and their crippling fiscal and energy policies).


30 posted on 05/04/2022 2:07:02 PM PDT by TheBattman (Democrats-Progressives-Marxists-Socialists - redundant labels.)
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To: EBH
Miss me much?


31 posted on 05/04/2022 2:24:30 PM PDT by Eleutheria5 (January 6, worst assault on democracy since the Reichstag Fire)
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To: C210N

cuz the feds said they would not raise rates by 75 basis points next time, only 50


32 posted on 05/04/2022 2:36:40 PM PDT by Jonny7797
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To: Flick Lives

“It’s an economic turducken”

Hilarious. But not really.


33 posted on 05/04/2022 2:46:44 PM PDT by KingLudd
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To: Roman_War_Criminal

You need a high velocity rate for hyper. At near all-time low right now.


34 posted on 05/04/2022 2:53:29 PM PDT by rollo tomasi
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To: SaveFerris

We’re already half way there. Saw Progresso for 5.50 a can yesterday


35 posted on 05/05/2022 3:13:52 AM PDT by SPDSHDW (You get what you let occur with no resistance. Everything Joepedo n' felons do is on your head.)
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To: SPDSHDW

Yeah.

It jumped from $1.48 to $1.98 at Walmart a couple or three months ago. I haven’t looked lately.

When it hits $12 a can the urban folks will be burning cities again.

That’s my guess anyways.


36 posted on 05/05/2022 3:17:02 AM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: hinckley buzzard

Dow is down 630 points at the moment.

Yep, yesterday was probably a one-day thing.


37 posted on 05/05/2022 7:37:10 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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