Engineered crash: interest rate increase by SIGNYM

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Engineered crash: interest rate increase

POSTED BY: SIGNYM
UPDATED: Sunday, June 19, 2022 00:48
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Saturday, June 18, 2022 3:01 PM

I believe in solving problems, not sharing them.

Interest rates have been way too low for decades. It encouraged borrowing for speculation in RE and stock market. The Fed should have raised them a long time ago and popped these bubbles before they became monsters, but their default policy has been to avoid a contraction at all costs.

So the question is- why now? I think it's bc they know the DNC is hosed no matter WHAT they do, so they're taking this oppty to crash stocks, financials, insurance, and real estate in order to be able to pump back up later. Also, now that so many average ppl are in RE and stocks, it won't be just the elite who'll take a beating. The average Joe/Jane's investments will crater, and the elites will just create money later in orde to buy up stocks and RE at bargain basement prices.

It's all politics and corruption. None of it has to do with intelligently managing the money supply, job growth, or the economy for the nation as a whole.

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Sunday, June 19, 2022 12:48 AM

6IXSTRINGJACK

Yeah. I was posting right along those lines in one of these threads the other day. Maybe yesterday.

I'm looking forward to interest rates going up, but I know it's going to be painful for a lot of people.

Get your bulk purchases out of the way. After the horrible harvest season we're about to have due to inclement weather and the low amount of fertilizer out there because Biden* is a piece of shit, prices are going to continue to rise and a lot of things just aren't going to be available for a while.

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Falsus in unum, falsus in omnibus

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