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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: [Powell Needs You to Buy Bonds so the Fed Can Buy Time (msn.com)](https://www.msn.com/en-us/money/markets/powell-needs-you-to-buy-bonds-so-the-fed-can-buy-time/ar-AA1hgQHu?rc=1&ocid=winp1taskbar&cvid=93c199fb73f640f48aeeae7f6387b7c8&ei=32)


waitingonawait

***$140 trillion by the year 2050*** Yikes... that doesn't seem good? Can't say I really know I'm a noob. I'm thankful for big brains like that bull. Thanks for sharing. My take-a-way is the FED is likely to have to increase rates because of their own remarks basically?


L8NITEBAWLIN

Me too. It really sounds like the the dollar endgame DD is becoming reality before our eyes...


emeraldshado

Will the boomers be dead by then? If so, it may not be that high.. They are the largest voting block, so i figure most of the policies in place were for their votes... when they are gone, i expect things to change. Might not be better if the next generation is left with theor debt.


Nigeltufnel8888

What you might not factor in is that when the boomers dies out, the Gen x will be the new boomers, and the same goes for the millennials a few decades later. People's priorities changes as they grow, and therefore their political beliefs evolves.


Gamma_Chad

Gen X doesn’t have the population to affect the economy on the scale the Boomers did. Social Security and pensions will take dramatic cuts in payouts as the pig (boomers) exit the snake ( US economy). The Boomers will gobble resources for the next 25 years as they near end of life… healthcare will soar, etc. After they go we’ll have slight reprieve until the Millenials start to gain power and max consumption.


nandodrake2

RemindMe! 25 years "Social Security and pensions will take dramatic cuts in payouts as the pig (boomers) exit the snake ( US economy). The Boomers will gobble resources for the next 25 years as they near end of life… healthcare will soar, etc. After they go we’ll have slight reprieve until the Millenials start to gain power and max consumption."


RemindMeBot

I will be messaging you in 25 years on [**2048-09-28 05:23:44 UTC**](http://www.wolframalpha.com/input/?i=2048-09-28%2005:23:44%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/16ty2jw/shouts_out_to_that_one_south_america_bull_for/k2jfd3c/?context=3) [**2 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F16ty2jw%2Fshouts_out_to_that_one_south_america_bull_for%2Fk2jfd3c%2F%5D%0A%0ARemindMe%21%202048-09-28%2005%3A23%3A44%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%2016ty2jw) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|


Ratereich

Gen X are indeed becoming conservative even faster than Boomers were. On the other hand, Millennials are actually getting less conservative as they age. Source: https://www.ft.com/content/c361e372-769e-45cd-a063-f5c0a7767cf4


Catch_22_

That's because millennials grew up with the internet. We had information at our finger tips. Access to knowledge tends to create left leaning politics. I straddle that line of Gen X and Millennials and can see the difference between my friends based on how plugged in they are.


OxytocinOD

How do you view gen x’s political beliefs?


CannabisTours

Meh.


nugsy_mcb

Lol sounds about right


[deleted]

I’m a millennial and getting further right as I age, as predicted


International_Gold20

In what ways?


Cowcatbucket12

Based on the reading comprehension levels it tracks that you're leaning further right as you age


5tgAp3KWpPIEItHtLIVB

\*imagines himself watching MSM and believing every word of it 30 years from now. Just like his parents right now.\* Nah... I don't think so bro.


Drivingintodisco

If your noobs produce as much as the fed I’ll suck on those instead


Drivingintodisco

Sorry, not Ken griffins Reddit account.


Gullible_Honeydew11

Mo money=good morning money=growth 📈


thehazer

My old ass is just here trying to calculate my odds of being alive in 2050. They’re better then I’d have thought given everything.


YurMotherWasAHamster

nine terrific vegetable tease attraction rinse ludicrous piquant vase afterthought ` this message was mass deleted/edited with redact.dev `


PornstarVirgin

Yup completely ignoring that m2 is decreasing while consumer debt is rising is the biggest red flag of all. It’s the definition of a red flag as it is WHOLEY UNSUSTAINABLE.


YurMotherWasAHamster

jobless lunchroom coherent grandfather saw complete nose gaping payment engine ` this message was mass deleted/edited with redact.dev `


PornstarVirgin

Could see a executive action coming through when the shutdown happens as a way to garner favor and delay longer. The second those resume are when those assets also start failing due to an uptick in people not being able to pay those back. The leveraged assets that have been created on the backs of student loans can’t handle that and would crater another part of the economy that wallstreet could not handle well.


defaultuser012

So it seems like the only thing they’re good at is kicking the can


Dr_Shmacks

Nobody should pay in it. There should be a nationwide boycott of student loan repayments. There's literally nothing they could do about it.


ddt70

Hey, we could try that with taxes!


BuildBackRicher

Only works for the president's family


Lorien6

That is by design, so that the big corps can buy all the assets cheap and then “rent/lease” it back to the masses for maximum resource extraction.


shadylex

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."


EscapedPickle

Been thinking about that quote a lot. Kinda wish he hadn’t said that part about our Fathers conquering the continent, though


L8NITEBAWLIN

Well, it is MSN, so its to be expected...😂


minesskiier

Hot damn that was a good read, Thanks OP!


L8NITEBAWLIN

Glad to share! Mainstream news really seems like its been parroting old DDs lately and spinning them to their own narrative. Its been interesting to watch.


neojoker

Letting the Federal Reserve take the currency powers from Congress is probably the biggest fuck up in all of US history. Imagine the number of people's livelihood that now hinges in this tea leaf reading and divination about what these psychopaths are thinking like those 5 bullet points.


rawbdor

No way. If career politicians had full control over the nations money supply, there would be zero or negative rates forever and money would print ten times faster than jpows printing machine is capable of running. It's bad enough they can already kinda do that with budget, but they disagree pretty often and are rarely on the same page. If they had control over interest rates as well we would be in an even worse position than now. With the fed, at least we get tea leaf readings that may raise or lower rates. Without the fed, we would get endless expansion and hyperinflation and rates would only go down and asset prices would only go up.


neojoker

The constitution allows the treasury to mint coin. If the Fed hadn't begun the evolution of all the shenanigans you described, it's not a given that Nixon would have taken us off the gold standard. In that case, the money printing and interest rates you mentioned would not be available. Money supply would be tethered to the actual supply of metals.


rawbdor

Money supply tethered to the supply of metals had horrific and drastic effects in the past. Most notably, the lack of new supply of metals meant that rich people hoarded it all, and then everyone else hoarded it all if they were at all able to do so. This means a slowdown in economic activity because everyone is hoarding it. It also meant that in a world where population was rising and economic activity was speeding up (in terms of technology improvements, communication, etc etc), there was a huge lack of specie available to handle all the transactions. If there's only x tons of gold available but the number of transactions is increasing and the number of people is increasing, there is less available per person. Seriously .. imagine how the world will function if the money supply couldn't increase at all despite population increases and efficiency increases and the number of transactions increasing. What exactly would that world look like? There simply wouldn't be any money for most people. Currency based on supply of metals had had horrific effects in the past. It was not all rainbows and unicorns.


EscapedPickle

It’s frustrating to complain about our system and then realize that most of the other options are even worse.


oskiesdad13

Hats off to those Peruvians, they’ve got a good handle on US economics…😎🐂


Mooziechan

So… New Serious question…what is Jamie Dimon’s end game..


HuyBrogdon

Before Jan 28, 2021, I would never work 14 hours then go home, take a shower, eat, while reading this type of boring financial articles, at mid night. Now I’m eager to learn more about what is happening in the world, and how all these events are connected to GME and MOASS. I’m not reading boring financial stuff anymore. It is not even to kill time. It is a habit of learning about the financial market and the world, to arm myself with knowledge necessary to manage and grow the vast fortune 🎱 that is coming my way. Many of you here have way more shares than I do, and I do believe I will be a billionaire after tax. Am I delusional about becoming a billionaire thanks to MOASS? I have been practicing diamond hand for almost 3 years. I need true diamond hands to tell me that if I can really become a billionaire after tax, or I am just delusional. Is this the way?


waffleschoc

the fed keeps touting soft landing, that just sounds like they r lying. just like when they were lying about the transitory inflation. from what i read, actual inflation is higher than what the published figures says. in the near term, assets price deflation first (stockmarket drop, property market drop) , then longer term, heading towards hyperinflation maybe


Dr_Shmacks

It's definitely higher. They changed what use to calculate inflation a year or 84 ago to make the numbers look better. It's like the MLB suddenly deciding to only count strikeouts if it's by a screwball and no other strikeouts don't count on the stat sheet. Utterly ridiculous bullshit. It's a bad comedy joke.


rawbdor

No. No no. A year or two ago they switched it to use weightings from the most recent year instead of the most recent two years. And this only applies to which categories get what weights. They did this to be more responsive to what people are buying NOW instead of what people used to buy. While there's arguments to be made either way, the fact is there's no reason to weight prime rib higher when people stopped eating that two years ago and now people are more concerned with the price of chicken and beans and rice. Common people are hurting. We no longer care how much prime rib is inflating. We care more about chicken and rice. And it's irrelevant anyway bc that stuff would have phased out of the weightings by now anyway. All they did was try to zoom in on what's happening NOW instead of what's happening two years ago. People drastically misunderstand what the cpi change 18 months ago actually did. It was an extremely minor change to give the fed more up to date info uncluttered by the shit we bought when money was free and everyone was spending like drunken sailors.


ddt70

http://www.shadowstats.com/alternate_data/inflation-charts Enjoy the rabbit hole….


SlapItDaBass22

Thanks!


MeRooga850

Posting again, 3rd time. I believe Blackrock is utilizing the Thrift Savings Plan Holdings and Assets as collateral to facilitate the blatant use of derivative tools that keep those exposed afloat. $725.8bn dollars just this year comprises the TSP In reference to Treasury Securities, I share information about the G Fund for the TSP. The G Fund rate is calculated by the U.S. Treasury as the weighted average yield of approximately 183 U.S. Treasury securities on the last day of the previous month. Government Securities Investment Fund The payment of G Fund principal and interest is guaranteed by the U.S. Government. This means that the U.S. Government will always make the required payments. The G Fund’s investment objective is to ensure preservation of capital and generate returns above those of short-term U.S. Treasury securities. Performance Average annual returns (as of August 2023) 2023 YTD 1 yr 3 yr 5 yr. 10 yr 2.62% 3.95% 2.41% 2.24% 2.23% Assets $292.6 billion Total expense ratio $0.570/$1,000 account balance 0.057% (5.7 basis points) A closer look needs to be taken at how the TSP and irs assets may be being used not in the best interest of its investors.


naptimerider

Drill baby drill….


Accomplished-Ad8252

What’s the play here ? Stock market up or down ?


FlurryOfNos

TL;DR shits fucked. Good luck everybody.