Quote:
Originally Posted by bagekko
LOL. Jack rates not lower them, I love getting 2k+ in interest a month.
All I want to happen this year is job market to stabilize (corp layoffs to stop), stock market slightly correct not plummet, rates to stay the same, and inflation to stop, economy to normalize. Don't think anyone knows how that can happen.
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we are in stagflation... just no one wants to admit it... gdp is growing only in some sectors, inflation is still flying and layoffs are happening everywhere...
the only fix that I am aware of is to completely flush the cash out of the system... that can only be done by raising rates again OR raising taxes... no one seems to want to do that for fear of crippling employment and the fake stock market gains... not sure where we go from here