Jesus Christ...
Jesus Christ...
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
Jesus Christ...
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
in english, nagger
market's about to dump even harder cuz FED has to raise rates more.
they thought 225k new jobs. we got 311k. too many new jobs.
so they encourage immigration bringing more people here yet want people to have no jobs
Not they. You. You allowed this to happen. Why not put a stop to it?
Stop noticing things goy.
They want the maximum amount of people living at the minimum amount of expense.
Think of it like a slave population.
you gentiles by maurice samuel
>market's about to dump even harder cuz FED has to raise rates more.
fucking kek, someone should tell you that at certain point raising rates increase inflation by increasing the deficit to pay the interest on the debt, everyone knew that limit was around 5% , hence why so much resistance to raising rates above that, market is pricing 5.50% but everyone knows this is not going to keep rising on an electoral year and reaching near default levels next year.
The democrats are already calling to lower rates with elizabeth warren calling jerome powell for "destroying jobs" ,they are already changing the narrative.
>everyone knows this is not going to keep rising on an electoral year
theres 10 months left to crash everything before npc memories get reset for the 2024 election
>someone should tell you that at certain point raising rates increase inflation by increasing the deficit to pay the interest on the debt, everyone knew that limit was around 5%
B00kmarked
>Democrats
>Muh voting
You are peak braindead normie NPC , newsflash dipshit , voting never changed and never affected anything EVER.The plan remains the plan, if they want a default they will get a default.
Either rates go up or we become zimbabwe
did you understand what he said
raising the rates when we are financing our spending with debt means we are raising the cost of debt spending
when government spends money it acquires capital either by debt, taxes or inflating the currency. To pay for debt they either need to raise taxes with republicans controlling the house or inflate the currency. Which do you think will happen?
Interest rates alone are not a strong enough tool to destroy demand. If they were smart they would deploy another pandemic or war rationing or something, but the Republicans aren't going to let that happen. So instead we will most likely careen off the cliff. All of this shit was baked into the solutions to the 2008 recession so you can't really even blame covid, covid just shook the leaky boat a little more than usual.
>Warren is screeching so my bags are safe
Retard she has yelled the same shit at Powell every hearing for the past year
Retard alert.
Nobody gives a fuck what that Wall Street shill Elizabeth Warren says or thinks. The Democrats are not in charge of Monetary Policy, and Jerome Powell is a registered Republican anyways.
It's down from 517k, but still way higher than expected. Bad.
The average wagie makes $311k a year. This is expected to go down to $225k a year, which is poverty level. I personally don't believe that the average wagie makes this little. But that is what they are reporting.
It's not $, it's the number of Korean nonfarmers in the US. Have you never farmed nons?
>225k a year, poverty
Wtf, what do you muricans do with the money?
How expensive is your country that you are considered poor for making ~20k montly.
A lot of cocaine, friend
Slava Ukraini
I spend 25k a month on bbc only fans channels. How the fuck am i supposed to afford a home?
>moy fayse wen sum wanker on t' fourth channel announces 'is subscription to t' official british broadcasting corporation for ro'ary cooling devices
shigger my diggers chum
I don't think you realise how much the cost of a number 1 has gone up. It's pandemonium out here. They are starting to charge extra for the sesame seeds.
>tax 50%
> school loans 10%
>housing/rent 30%
>car 5%
>regular bills like electricity 10%
>insurance 5%
It’s not enough
I have been doing what you are currently doing around the internet for awhile now.
>wagie
>six figures
Are you fucking retarded?
>The average wagie makes $311k a year
Wtf? I made $48k last year. I am not that poor. These statistics must be off. Is this household income?
what does it mean? don't we want it down?
oh fuck, not the payrolls
AAAAAASSAHAHAHSHAHHAHA 75 bps YOU BURGERS ARE GOING DOWN
Better learn Tibetan
Everyone will fall with them
>@financialjuice
don't trust the juice anons
That tweet is more dramatic than their livestream. He said it's not too much of a deviation. Inflation is still a key driver.
You are being gaslit.
>source: gateway pundit
>"you are being gaslit"
Ironic
>T.
It keeps happening
Interest rates will be raised beyond 8%.
This employment cannot continue.
This is a FLAWLESS jobs report and yet more evidence for a soft landing. Read past the headline. Premarket futures are blasting off already.
No you moron, it's bad. The Fed will now take revenge and stomp harder and harder until they break companies completely
It is a great report, wage growth remains strong and the number itself was strong while unemployment ticked up a bit indicating cooling. This is a soft landing. DXY and yields are nuking bigly.
That worried about your portfolio you have to shill your boomer bags on LULZ of all places?
>wage growth remains strong
that's.. exactly what the fed is against
low unemployment means competitive market
competitive market means businesses have to pay more
paying more means higher wages
higher wages drives up inflation
companies needing more cash to expand (borrowing) means rates are still not high enough to deter expansion
>the entire world economy swings trillions of dollars because a few thousand rednecks do or don't have a job shoveling corn into a hopper or whatever
Retard take
The Fed has no incentive to pivot until the US unemployment rate gets somewhere closer to 10% or worse. Did you really think this bear market would end without a recession and serious pain?
Bulls are doped on cheap debt.
I don't understand this
basically high rates of employment are actually bad because ????
As an AI language model, I don't have real-time access to the latest statistics. However, the most recent nonfarm payroll report was released on March 10th, 2023, and it reported that the US economy added 302,000 jobs in February 2023. The unemployment rate dropped to 3.7% in February 2023, down from 3.8% in January 2023.
A higher number of nonfarm payroll jobs generally indicates a growing economy, while a lower number indicates a slowing economy. When the nonfarm payroll number is higher than expected, it can lead to positive reactions in financial markets, as investors see it as a sign of a healthy economy. Conversely, when the number is lower than expected, it can cause negative reactions in financial markets, as investors may see it as a sign of a weakening economy. The unemployment rate is another important indicator of the overall health of the economy. A lower unemployment rate typically indicates a strong labor market and a growing economy.
>AI doesn't know we're in clownmarket
that's because it's ~~*AI*~~
Non-farm payrolls is one of the most bogus economic indicators out there
>NOOOOO STOP HAVING JOBS AND MAKING MORE MONEY YOU HAVE TO STOP SPENDING MONEY NOOOOOOOOOOOOOOOOOOOOOOOO
How about Congress gets off their ass and does something about price gouging instead of just making the Fed force a recession and ruin thousands or millions of lives. But we all know why they wouldnt want that.
Do you realize that raising prices is the only way to keep from having supply shortages? Price caps are utterly retarded and a surefire way to impoverish a society.
>something about price gouging
unfortunately the only realistic way to do this without a negative contraction is by breaking up monopolies
>60% of groceries sold in the us is controlled by 4 companies
>something like 70% of all poultry is only 3 companies
>amazon, by and large, is without question the predominant online vendor
most of it comes from "monopolies" whether explicit or implicit, and that congress has not acted to clamp down on anti-trust is really the only way to solve most of the US's problems
>ceo pay skyrocketing since the 70s
>labor union participation plummeting since the 70s
believe it or not, if workers pushed harder for unionization and spenders stopped shopping at big food, the system would solve itself
however everyone wants what's easy
nobody wants to cause a kerfuffle
long story short get big money out of politics and the free market would actually be free, per se
Do you realize the reason we have monopolies like Amazon and Walmart is because ran their competitors out of business with lower prices due to economies of scale? I hate these corporations as much as the next guy, but acting like they're the reason for inflation is laughable.
>ran their competitors out of business with lower prices due to economies of scale?
that is literally why anti-trust laws were invented you fucking retard
once a company more or less dominates an entire sector, it's impossible for another to compete stifling innovation and fair pricing
theoretically, once amazon controls 100% of online sales and the majority of commerce they can charge 50% more per any item etc
that is the ENTIRE POINT OF STOPPING A MONOPOLY.
there is also not a single reason for inflation, but keep in mind food prices are going up while everyone is more or less perfectly employed. there was no massive drought causing food to stop growing
there are relatively no more supply chain issues
however if you look at corporate earnings they're still positive. they're still positive because the very idea is that each quarter must be better than the last in the eyes of investors. thus, raise prices to guarantee positive returns.
none of these major companies are at risk of going under, but the idea is each quarter must show their profits are in the green, otherwise investors look for another investment.
consider a mom and pop diner, or any other small scale operation. they handle their mortgage, bills, and expenses with their restaurant. never had to raise prices. they make about 5-10% excess each month, but that goes to unforeseen costs such as buying a new fryer, getting the floors waxed, repaving the lot.
mom and pop more or less just beat inflation every year, but their income is sustainable.
corporations on the other hand have an incentive to always have POSITIVE GROWTH. there are no "bad years". if you're not opening up more Denny's or McDonald's you're a failed investment.
mom and pop have no incentive to raise prices, because there are no investors and life is stable. they've got what they need.
corporations raise prices to appease investors to entice more investment for more expansion. look into the flaws of infinite economic growth.
None of these companies are pure monopolies. This isn't Standard Oil owning every oil well and refinery in America. As long as there is some competition, prices will remain low. Having 3 or 4 mega corporations is the ideal situation if you want the lowest possible prices. Assuming they don't form a cartel (I know you what you're thinking, no they're not), you get the best of both worlds of competition and economies of scale.
if you think you can open almost anything these days without a retardedly large amount of capital you're delusional
try competing with,
>kroger
>starbucks
>apple
>amazon
>ups or amazon's shipping schema
>toyota
almost anything
there's a reason owning a restaurant is no longer a plausible method of stability
having a monopoly is not as simple as owning every facet of production, when a product is $1 cheaper through a smaller business that doesn't mean a monopoly doesn't exist
just like how they're trying to make crypto laws fit into the square hole of securities, modern monopolies function differently than traditional ones and instead of waiting for amazon and kroger to merge we could apply more sensible anti-trust laws today
I'm not arguing that monopolies are good, but they aren't the reason for inflation. Giant companies like Walmart and McDonalds are keeping prices much lower than they would be if we had a million mom and pop shops. You won't find a product that is $1 cheaper at a small business, because they can't compete with Walmart's prices.
It's annoying when people can't hold two ideas in their head at once: 1) giant corporations are bad and 2) they aren't causing higher prices. You can only view the world in a 1 dimensional cartoonish way where everything the evil corporations do is bad and Putler wants to kill puppies.
>try competing with prepackage canned garbage
what can i say? the goyim love their slop
Monopolies are the reason why liberalism (and subsequently democracy, by ricochet) is dying. Kill those leviathans and the natural order will come back, for a while.
There are plenty of reasons to hate giant mega corporations, but high prices isn't one of them.
further, larger corporations qualify for tax breaks that a smaller business may not encounter. something like walmart's workforce for example is the largest recipient of welfare in the country
they could pay their workers more, but they don't need to
how do I get a job
>I don't have to care about this because i invest in crypto
>Micro >>> Macro
suck it