TFTV Bot for President 2024

fygg is a fun teammate and scratchh is nuts

oh my god that man is going to die

Reckoner is really good. Big fan of that map. Always enjoyed it on eu.pugchamp

The ZA11 is much taller so despite being around the same size, it'll feel a lot bigger in a palm grip.

Ergo mice are a good idea. Deathadder v2 looks pretty good. Intellimouse Pro is good, too.

I also reccomend trying a claw or fingertip gril for a bit and see how it feels long term. You'd need to commit for over a week, but you may see an improvement in aim and be able to use smaller mice.

totally undeserved reputation. would not be seen the way he is if he didn't used to hang out with yuki. deserves a second chance for sure.

While the Great Recession ended in 2009, the unemployment rate did not drop down to pre-recession levels until 2015. Given the dual-mandate of the Fed, they are required to simulations act to pursue full employment, explaining the low rate until 2015.

I now agree that rates probably shouldn't have been cut as much earlier this year, but I thought it made sense at the time. Hindsight is 20:20, haha. It would be better now if they could have made a cut from 2.4 instead of 1.6, (thanks FRED).

I agree with your point that this is a supply shock and this is a case of changing demand, I still think it is the right play. The Fed has the opportunity to act quicker than Congress. Even if they can't solve the problem themselves, this action reduces barriers to do business and will likely make eventual fiscal and health policy more effective.

Good points all around, though. Glad to see economic knowledge on this sight.

Do you want legislative oversight of the Fed?

If that were the case, important policy maneuvers such as Paul Volcker 's anti-stagflation interest rate hike in the 1980s would never happen as no self-serving congressperson would want the blood on their hands for starting a recession when it really was needed.

Additionally, legislative nannying would cause monetary policy to take on the major problem in fiscal policy - congress takes a long time to get its act together. Even right now, the corona fiscal policy still hasn't been pushed through. Placing congress, comprised of members who do not necessarily have the same financial expertise of the members of the Board of Directors or the Chairmen of regional banks, seems like a bad idea from my point of view.

And one last thing, the rate the Fed targets is the Federal Funds rate, which is the rate that banks should lend to each other at for overnight loans. Loans involving the Fed use something called the Discount rate, which is usually around half a percent higher. It is a really low interest rate loan still, but the banks are also putting up 100% collateral that is also very liquid.

edit: clarified Paul Volcker's actions a bit to make my point clearer

You're putting lend in quotes like it won't be paid back, and as if this deal could be extended to a hospital or school. In the past 40 years the Fed litterally has ALWAYS collected intrest on deals like this. There is no slime or greed here. It is for the benefiet of the world economy so banks that now have cash instead of reserves can loan that money out to push interest rates down and keep the economy going.

This is like if hospital or school wanted to exchange a few billion in securites they already own for cash as long as they pay it back in a matter of days.

No money is printed. Stop getting your opinions from memes that say "money machine go brrr" and read a fucking article before you speak.

I'll link one that doesn't require a subscription like the WSJ so you don't continue spreading misinformation.

https://www.vox.com/platform/amp/policy-and-politics/2020/3/13/21178457/1-5-trillion-stimulus-loan-fed-federal-reserve

Are you saying the Fed shouldn't have lowered rates/this isn't what would have happemed of the President wasn't Trump. Emergency meetings to adjust rates are pretty normal and unrelated from the President.

I don't like Trump at all, and it's clear he wishes to control the Fed and probably thinks it is part of the "Deep State" theory he belongs in for no reason, but I don't get you angle here.

Also to say "The Fed" has same over this past decade also doesn't make that much sense as the Chairman and most of the Board of Governors are different people then in 2010. What you're saying is akin to blaming "The Executive Branch" for bad actions over the past decade

Also IMO the Fed has acted well since 2010. They kept rates too low in the 2000s, but all the chaos in 2008 onward was the result of shady practices in Investment Banks which are not part of the Federal Reserve system

You don't know what the Fed does, and you have zero idea what you're talking about.

They are issuing LOANS. The banks need to PAY IT BACK. There is no spare 1.5 trillion lying around, because the Fed has simply exchanged that money for securities with the exact same face value, and the Fed will EARN INTREST on this.

I shouldn't have to explain this to you because if you read the article you linked, it would have made this fact clear to you.

Stop talking about things you know nothing about because you're spreading misinformation to people who also don't know how the Fed works.

you make me upset

get away from my alias

love everyone i know on this team!

play with them for sure

nuts!

https://i.imgur.com/mEao0Gp.png