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As A Hopeful Fed Hikes Rates, Americans' Economic Confidence Tumbles To 13-Month Lows
Once again we ask The Fed, "why now?"
Bloomberg's Consumer Comfort survey found 69% of people hads a negative view of the state of the economy, netting to the 30.6 print above - the lowest since November 2014... The perfect time to hike rates?
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Another useless "metric"...
Why now? Because, it's simply that time when they must call in those loans with that money that they lent you for free. You can't pay (because you lost your job and inflation is high, due to their polices)? That's cool, because it's simply time for them to get real stuff for nothing. Nice little racket they got, isn't it.
The standard answer for why now has been if they don't they will lose their credibility. ??? In whose eyes? Who said they had credibility before that? Clearly I'm not their target audience so who is?
+1. They have no credibility, so that statement probably originated from within their own den.
I think 'why now' because they see the US declining rapidly, but want to export the pain to emerging markets first before some type of a currency revaluation/reset can take place. They clearly don't care about anyone else except themselves and their own banking buddies, so the 'why now' is a pointless question. It's like asking a thief 'why steal my car and not the cash in the drawer'? A thief is a thief and cares not about the victims.
Hey folks, rush on down to your LCS there is a fire sale going on! Everthing must go! Limited quantities...
But but but....
Santa said everything was supposed to collapse in September.
Fuck Sinclair, fuck Holter, fuck Butler, fuck Malohney, fuck Turk,.....
They will be right at some point and you know it. Better a year early...
Why now? Because they can. Anyone else have an idea other than chart porn?
My best guess is that they have access to the data we can't see and they are aware that they have lost control. Deflation now is raging uncontrolled under the surface and their manipulations can no longer influence the pyschology of the market participants. This is a last ditch hope. Raise rates and say all is well and RAMP THE HELL out of the markets. Maybe, maybe if they do this people will start to believe. Id I'm right we will soon see the S&P touch or surpass the highs based on overt manipulation.
Doesn’t matter, this is not about American people, this is about the banking class and how they can further fuck the public by increasing borrowing costs on Credit Cards and loans by telling us that their costs have increased. 22% on money that cost them 0 is not enough of a spread, they want more!
Don't worry, I am standing ready to cut rates to negative infinity if need be to keep this mania alive!!
If there are people and governments stupid enough to buy our wallpaper at 2%, why not -2%?
Keep the fiat dream alive!! Long live the Fraudural Reserve!
Pffft, go out and buy some useless Chinese trinket you don't need America. That will make you feel better.
Because it was a free spin of the wheel. For the criminals, there was no downside. I am shocked how I misunderstood how they are able to tell any narrative they want and it was bought by the public. When I realized last year any news good or bad and stocks were going up and Gold was going down. I knew I was a walking dead man. Oh well. They better hope i don't decide to become a permanent dead man.
https://www.youtube.com/watch?v=zKKwBac9-H0
Defense Secretary Ash Carter Used Personal Email for Work: Pentagonhttp://www.nbcnews.com/news/us-news/defense-secretary-ash-carter-used-pe...
They did it precisely because of the flagging confidence. Raising rates "signals" that all is well (ignore reality please) and this will boost future confidence (ignore reality please).
They did it because it was put up or shut up time. Saving face has caused many men to go to prison usually by a confrontation. The confrontation is coming, with Main Street.
Exactly what I was thinking. USA economy is in the toilet. NO reasn to raise rates unless it was a PR ploy.
If a White is AWAKE they should certainly have NO CONFIDENCE in their economic state:
Sam's Club Black Female CEO AGAINST White Males
http://www.youtube.com/watch?v=deN-foC8L6Q
PHOTO: Sam's Club CEO Rosalind Brewer
ALL job growth since 2000 was taken by immigrants:
http://cis.org/all-employment-growth-since-2000-went-to-immigrants
Congress'
half-trillion dollar spending binge
Increases deficit by hundreds of billions...
MEETS OBAMA PRIORITIES
Funds for 'climate' deal
Planned Parenthood Praises.
Makes it 'harder to repeal Obamacare'
'Cybersecurity' bill hacked in
Conservatives
give pass on deal they despise!
SESSIONS:THIS is why voters in 'open rebellion'
AMERICAN WORKER SOLD OUT...HUGE INCREASE IN WORK VISAS for 3rd Worlders
RYANPELOSI BUDGET FULL OF GOODIES
75% of population growth since 2000 from immigration, 100 million more by 2065
EMERGENCY FED PRESS CONFERENCE in 3, 2, 1
ummm, hi, we at the Fraud would like to say that we were just kidding about that rate hike.
we meant, a rate cut!!
Markets can resume their ass-scent now.
Answer: numerology. Exactly 7 years after setting 0%, the predators-that-be removed 0%. The predators-that-be love numerology, especially the number 7.
The next question is, how long until QE4ever AKA QE4mainstreet?
4 months?
4 weeks?
4 days?