The Fed Just Made The Regular American Poorer
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Top Comments (10)
September 18th 2007, Fed cut interest rate by .50 bp. Inflation was high back then, and unemploymentwas ticking up. September 18th 2024, Fed cut interest rate by 50 bp. Inflation is high right now. Unemployment is ticking up.
Timing is stellar. This is mostly about helping the perception of the current administration.
I got a 28% pay increase in 2021. I have decreased my spending as prices have risen, no extra spending, but live paycheck to paycheck now. Everything has gone up 20-50%, groceries, gas, insurance, home maintenance, haircuts. Seriously, everything. Inflation is out of control.
Only when the tide goes out do you learn who has been swimming naked. - Warren Buffet
Jaspreet cares about everybody. He could have just praised the cuts as wonderful for investors like himself, but he also throws in how this negatively impacts the people who are not financially educated. He's an awesome dude.
Dude really? What happened to the Lag effect? We probably haven’t even fully felt the impact of the Feds rate hikes
Following you has helped my accoynts grow ty. I listen to you daily❤❤❤❤
I really appreciate you, Jaspreet! You have the gift of teaching hard concepts and making them easy.
oin Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/k0w WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
I'm so glad I was referred to your channel. So helpful.
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Top Comments (10)
September 18th 2007, Fed cut interest rate by .50 bp. Inflation was high back then, and unemploymentwas ticking up. September 18th 2024, Fed cut interest rate by 50 bp. Inflation is high right now. Unemployment is ticking up.
Timing is stellar. This is mostly about helping the perception of the current administration.
I got a 28% pay increase in 2021. I have decreased my spending as prices have risen, no extra spending, but live paycheck to paycheck now. Everything has gone up 20-50%, groceries, gas, insurance, home maintenance, haircuts. Seriously, everything. Inflation is out of control.
Only when the tide goes out do you learn who has been swimming naked. - Warren Buffet
Jaspreet cares about everybody. He could have just praised the cuts as wonderful for investors like himself, but he also throws in how this negatively impacts the people who are not financially educated. He's an awesome dude.
Dude really? What happened to the Lag effect? We probably haven’t even fully felt the impact of the Feds rate hikes
Following you has helped my accoynts grow ty. I listen to you daily❤❤❤❤
I really appreciate you, Jaspreet! You have the gift of teaching hard concepts and making them easy.
oin Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/k0w WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
I'm so glad I was referred to your channel. So helpful.