kimi got points!!!!!!
|Signed Up||June 19, 2015|
|Last Posted||September 13, 2020 at 6:37 PM|
|Posts||1255 (0.4 per day)|
recently bought myself a civic for $200. incredible deal considering he threw in the SF1000's brakes for free
mail in ballots work, and they are incredible. it's never taken me more than 10 minutes to vote
I'll vote for Biden. as long as it's not trump
I hope you're doing well
tsarAre 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
well I meant that interest gained on the repurchase market will go away with negative rates.
this is just my opinion, but we kept recession level rates for 7 years after the recession ended. then we lowered these rates for temporary market corrections in 2019 despite that year being +30% across every major index, so now when we actually could use the stimulus, theres a lot less to actually cut. I also think it's useless, the coronavirus has largely resulted in a supply shock, and you can't exactly stimulate demand when everybody is too scared to leave their homes
tsarthe Fed will EARN INTREST on this.
until orange man bullies the fed into negative rates... another rate cut coming this week
yes, thinking the fed is literally going to purchase 1.5T in equity is stupid, but they have really messed up monetary policy over the last decade
THEBILLDOZERI like games where you have to keep track of numbers.
If I could hit airshots in pokemon showdown I would never look back
torrit3youre laughing, corona just caused the biggest stock market crash since 1987 and youre laughing
it was just the straw the broke the camel's back. fed lowering rates during a record long expansion, and inverted bond yields so this has been coming for a while now. not to mention Russia and Saudi Arabia fucking with oil took it's toll as well
going to be tuning into 5 am stochastic modeling lectures from my phone :)
indigosummerhow do you fight the urge to not kill yourself?
i commute everday
everyday i wake up and do this shit, uni 4/7 days and work 2/7. i hate my job even tho it pays really well for a student. i fucking hate customer service it has made me realize how dumb the average person who walks into a bank is. i hate going to school and not majoring in what i love because im terrified of not being able to find a job because i 100% will not be able to live on my own with how expensive housing is in my city. i hate how ive given up on the concept of having a family and have convinced myself that id be happy without children because i know it's too expensive, despite how much i love my huge extended family. i had to give up my PC to my brother when the semester started so im even more isolated from my hobbies and passions because i can't hang out with my online friends in the evening, and play videogames socially to unwind. im making decent money currently and im absolutely terrified to spend it on anything, i only spend it on eating out several times a week because i love cooking and eating food from different cultures, and even then i feel sick looking at my credit card bill, despite it usually being under 100 bucks.
what's even the point of doing any of this?
life is long and will eventually end. might as well ride it out. if it really is rock bottom, then there is nowhere to go but up
i will say that a degree does not lock you into a career or a job for the rest of your life. you can absolutely still find employment in something you love even if it pays less or is unrelated to your field of study. having a lucrative major just puts you in the position to truly make the decision for yourself by broadening the amount of opportunities available to you
Meatballthe lyricism on that track is actually insane, damn
i love les claypool
scrabwarriordragon12obama picked a guy with a phd in nuclear physics from stanford to lead the department of energy (who controls americas nuclear program)
trump picked a ford lobbyist
All government department heads do is make speeches and sign the papers that get put in front of them. You don't need to know what a quark is in order to do that. Not gonna lie, your comment is kinda cringe and gay, because it betrays a lack of knowledge of how the real world works. Do better in the future.
heres a picture of him (the guy on the left) literally negotiating the Iran nuclear deal in 2015