โ€œLaws are no stronger than enforcers; The same people passing laws are the same people responsible for enforcing them.โ€ Amos Wilson; Stack Donโ€™t Lack

Chicago, IL
Joined August 2018
๐Ÿ˜ฎโ€๐Ÿ’จ๐Ÿ˜ฎโ€๐Ÿ’จ๐Ÿ˜ฎโ€๐Ÿ’จ๐Ÿ˜ฎโ€๐Ÿ’จ๐Ÿ˜ฎโ€๐Ÿ’จ
JUST IN ๐Ÿšจ: U.S. Treasury just bought back $6 Billion of their own debt ๐Ÿ‘€
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This is ๐Ÿ”‘
Replying to @JumboElliott76
They should Recession means their balance sheet will have to grow by hundreds of billions a month to stave off a US debt crisis
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Exactly
I suspect he didnโ€™t answer because he couldnโ€™t tell the truth, which wouldโ€™ve sounded something like this: โ€œBecause when I raised rates 25 bps last month, LT UST yields took off like a scalded cat and that surprised me and freaked me out, so now I donโ€™t know quite what to do.โ€
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Every Fed chair has this same response Welcome to the party
Q: There's been essentially no progress toward the 2% inflation target. Why not raise rates today? KEVIN WARSH: It's a good question (Note how he never answers it!)
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knowledgeable_black_man ๐Ÿ‡ธ๐Ÿ‡ฑ๐Ÿ‡ฌ๐Ÿ‡ญ๐Ÿ‡จ๐Ÿ‡ฌ๐Ÿ‡จ๐Ÿ‡ฑ๐Ÿ‡ฆ๐Ÿ‡ท๐Ÿ‡ญ๐Ÿ‡น retweeted
I suspect he didnโ€™t answer because he couldnโ€™t tell the truth, which wouldโ€™ve sounded something like this: โ€œBecause when I raised rates 25 bps last month, LT UST yields took off like a scalded cat and that surprised me and freaked me out, so now I donโ€™t know quite what to do.โ€
Q: There's been essentially no progress toward the 2% inflation target. Why not raise rates today? KEVIN WARSH: It's a good question (Note how he never answers it!)
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Mamdani kept Jessica Tisch but wants to replace a Black woman who refused to accept performative gestures and demanded tangible legislation and actions that benefits the Black community!
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knowledgeable_black_man ๐Ÿ‡ธ๐Ÿ‡ฑ๐Ÿ‡ฌ๐Ÿ‡ญ๐Ÿ‡จ๐Ÿ‡ฌ๐Ÿ‡จ๐Ÿ‡ฑ๐Ÿ‡ฆ๐Ÿ‡ท๐Ÿ‡ญ๐Ÿ‡น retweeted
Bro Lamar was 5 pounds of pressure away from his ankle looking like Gordon Haywardโ€™s WHAT ARE WE DOING
If Lamar Jackson's injury history has taught the football world anything, his timeline to return can be complicated and an extended absence can derail the Ravens' season. But ultimately, the only one who truly knows when Jackson will return is Jackson himself.
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Great perspective
Thereโ€™s two ways you can look at the world today A) The world is ending, everything sucks, everything is expensive, youโ€™re never going to get rich, youโ€™re never going to find your person or your people, and everything is only going to get worse OR B) The world is changing, thereโ€™s so much opportunity to learn, build, create wealth, meet new people, and experience things you never thought were possible I genuinely believe weโ€™re living in a time where thereโ€™s so much opportunity to grow, especially when so many people are lost, distracted, and stuck in a constant cycle of fear You can either spend your life focusing on everything thatโ€™s going wrong or start paying attention to everything thatโ€™s possible Your perspective really does change how you experience life
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๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚
Early voting almost over! DID Yโ€™ALL FUCKING VOTE YET? Let me see them stickers ๐Ÿ‘€
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You would be on his defense team if he stayed furthest to the left????
Mamdani acted the furthest left and still switched to centrism when he got elected , its all an act
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They tapped into that FBA/Indian energy ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚
Real. Our history was shaped by ALL Americans. President Trump values our history, our people, our monuments, and our capital city.
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knowledgeable_black_man ๐Ÿ‡ธ๐Ÿ‡ฑ๐Ÿ‡ฌ๐Ÿ‡ญ๐Ÿ‡จ๐Ÿ‡ฌ๐Ÿ‡จ๐Ÿ‡ฑ๐Ÿ‡ฆ๐Ÿ‡ท๐Ÿ‡ญ๐Ÿ‡น retweeted
Replying to @ReallyBars
Yup
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knowledgeable_black_man ๐Ÿ‡ธ๐Ÿ‡ฑ๐Ÿ‡ฌ๐Ÿ‡ญ๐Ÿ‡จ๐Ÿ‡ฌ๐Ÿ‡จ๐Ÿ‡ฑ๐Ÿ‡ฆ๐Ÿ‡ท๐Ÿ‡ญ๐Ÿ‡น retweeted
They will distract you with a bunch of problems but the real issue is that every fiat currency that has ever existed went to zero or is going towards zero (the US dollar lost around 88% of purchasing power from 1971 to now)
JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ US national debt reaches new all-time high of $40.5 trillion.
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knowledgeable_black_man ๐Ÿ‡ธ๐Ÿ‡ฑ๐Ÿ‡ฌ๐Ÿ‡ญ๐Ÿ‡จ๐Ÿ‡ฌ๐Ÿ‡จ๐Ÿ‡ฑ๐Ÿ‡ฆ๐Ÿ‡ท๐Ÿ‡ญ๐Ÿ‡น retweeted
๐Ÿ”ด Fed's Chair Warsh: The overwhelming consensus is that the monetary medicine is starting to work.
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That was quick
๐Ÿšจ BREAKING: Anthony Edwards will undergo an arthroscopic procedure on his knee and will miss "up to two months," per @ShamsCharania
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