Powell and Fed lost all of their credibility. 💩🐖
What happened today was a shame. Inflation will eat us alive and doing so already. The job vacancy climbing and companies will pay more to hire and to recoup the high wages they will increase prices. This vicious cycle will go on. We need to crush oil prices to have some breathing room.
Jerome Powell is going to fuck up this economy. I think Buffet is right this is a casino, and algo is rigged for the benefit of the big boys. We WSB retards get crumbs once in a while.
Welcome to third world country style pricing and inflation.
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