PPI data spooks the market ahead of the FOMC decision tomorrow

[duong]

Just saw that inflation just reached 6.8% (the highest in 39 years). If Jpow doesn't stop with his printer, inflation in 2022 could be wild af

[Dementedmilk]

Like Facebook. Congressmen don't want to seem retrograde. Only 4 serious questions:(  play to earn, what is that? Nft?... Pump coming

[icao]

Tesla aint  just cars ~  Its gonna be a new World Order.   Think Space X.

[axis2001]

Tesla and btc worst investment if you jump on now Apple and Microsoft better they hold there growth and mean something

[dazen]

When you print more money anytime the economy has a dip and give people "relief funds" aka money for no reason. You will have to pay ot back through inflation.

[vance277]

Brooks smashed it.

[fortsettler]

That first 5 minutes is the longest time I ever listened to Maxine Waters without having to facepalm.

[Zerovox]

Consumer spending power has remained relatively flat during the pandemic while the ability to spend was reduced. This results in a shift from spending on services, such as airfare and hotels, to spending on goods, which is subject to massive supply disruptions. Americans saved at record levels in 2020. If we really want to get goods inflation in check, we should work to entice other countries to reduce COVID restrictions to allow for a free flow of tourism. Spending on vacations reduces the appetite to buy a new car or other goods on a more frequent basis, in turn reducing demand on supply-strained goods.

[glenzelig]

Peter Schiff knows what the problems are.  Try listening to Austrian economics.

[anthrox]

You need to get a trade! So you dont get a crap load of student debt and will always be needed!

[plasmosis1]

Finally a  that portrays how the elite, the Federal Reserve, the Congress, the president, and the media think how dumb the American public is.  Their condensation only shows how dumb they look.

[meanwhile]

Inflation? Really?   Why are Treasury rates dropping? Why are they basically nailed to the floor? Why does one famous historian say interest rates are at a 5000-year-low? Low rates mean abundant credit for viable businesses. That means employment and rising wages. Those are all good things.  Americans have so much stuff jammed into their McMansions they have to hire people to haul it away before they buy more stuff. We throw away more food than other countries eat. If your lifestyle is cramped by un-preventable economic cycles, it's because of your unrealistic expectations.

[tanada]

%3 interest rate will bankrupt the US. It's simply not possible to raise it that high which means if inflation ever manages to slip and expectations enter a loop, there will be absolutely no way to tame it back. The US has to start paying back the debts for which it needs to let go of the strong dollar insistance that creates almost a trillion dollar deficit every year.

[rosalindrosalinda]

Mr. Mooney seems to be living in the Cuban Missile Crisis Era, why the focus on "rogue states" and the possible use of crypto in evading sanctions? America World Police has caused more misery in Cuba than anything its government could do internally. This hearing is about innovation Mooney, get over 1980s policy.

[cosine]

Nobody wants to pay more, yet the same people no want to charge less