Anonymous wrote:What exactly is the deal with the $2.5b Fed building renovation?? I mean that does seem kind of excessive but it is a historic marble building so maybe that’s why?

They renovated two existing buildings and then took over a dilapidated 3rd building from GSA. They are creating a consolidated campus next to the Mall.

https://www.federalreserve.gov/faqs/building-project-faqs.htm

For reference, the DHS campus at St Elizabeth’s will push $5B.

Anonymous wrote:Nothing worse than "economists" that aren't billionaires. Obvious know- nothings

Big pieholes... Big a**holes.

You…you think that billionaires are more qualified to make decisions on economics?

Do you think that really fat people make better decisions about physics?

Anonymous wrote:

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

Powell’s term as chairman ends May, 2026. Afterwhich, he’s still in on the Fed board, but is just another member. CNBC discusses this constantly, markets have already discounted.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

Trump wants cheaper dollar.

Ostensibly for helping export market.

Some would think it’s economic crippling by foreign agents with dirt on Trump.

Or a plan to move the US to BTC.

He wants a cheaper dollar because inflation makes numbers bigger so the stock market looks better to dumb people, his base.

What exactly is the deal with the $2.5b Fed building renovation?? I mean that does seem kind of excessive but it is a historic marble building so maybe that’s why?

Anonymous wrote:Nothing worse than "economists" that aren't billionaires. Obvious know- nothings

Big pieholes... Big a**holes.

I note that you aren't a billionaire. That makes you an obvious know-nothing. Big piehole. Big a**hole.

Your words, not mine. So given you know nothing, maybe you should shut it and move on.

Nothing worse than "economists" that aren't billionaires. Obvious know- nothings

Big pieholes... Big a**holes.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

Trump wants cheaper dollar.

Ostensibly for helping export market.

Some would think it’s economic crippling by foreign agents with dirt on Trump.

Or a plan to move the US to BTC.

The dollar has already weakened by 10% since the beginning of the year. All Trump's doing.

Anonymous wrote:Too slow Powell should have lowered rates in the Spring of 24. He and Yellen were so out of tune with economic realities and most likely any reality.

You are absolutely wrong and clearly have zero expertise in economics, how interest rates, or much of anything else works. You're the one out of tune with economic realities and are talking completely out of your ass. Powell has legitimate concerns about rate cuts fueling inflation and is very much in tune, using a data-driven approach to determine rates, whereas Trump is not using any data whatsoever. Economists everywhere agree with Powell - Oxford, Deutsche Bank, JPMorgan, etc etc etc - none of them agree with Trump. Virtually the entire Fed board agrees with Powell too, so eliminating Powell won't change anything where the rest of the board is concerned. Additionally, Trump is crossing some serious lines - economists across the entire spectrum from the libertarian CATO institute to NYU and many others say the President should not be politicizing monetary policy and should not have any role in setting rates.

Read something other than FOX News or Newsmax for a change.

Anything to distract from the friendship with Epstein.

Anonymous wrote:https://thehill.com/homenews/administration/5398155-bill-pulte-jerome-powell-fed-resignation/amp/

Do you think this will boost stocks (lower rates all around!) or tank stocks (politicized Fed)?

Tank stocks and other parts of the economy, especially if one of the know nothing appointees is put in.

Anonymous wrote:

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

Trump wants cheaper dollar.

Ostensibly for helping export market.

Some would think it’s economic crippling by foreign agents with dirt on Trump.

Or a plan to move the US to BTC.