Personally I’d say no. We had 3 rounds of stimulus payments after the pandemic totaling $814 billion dollars and did a student loan forgiveness program totaling $190 billion. They bankrolled this by printed 80% of US currency in circulation in 2020 and later.
Obviously we needed to do some of this for the welfare of the population, but we definitely overdid it and we are still reeling from this. Inflation is bad right now but it’s tailwind from the mismanagement we had in previous years and added pressure from this administration. I used to hate Powell but he did a pretty good job in the grand scheme of things considering how ridiculously irresponsible the government has been.
TLDR: it’s bad, but it’s been worse and we are still recovering from that plus current decisions. It’s not impossible to dig ourselves out of this despite what the doom and gloom of this sub echoes.
Edit: removed misinformation
looking for non financial regard advice i'm in regret mode after selling calls too early today, but still have googl 317.50 calls expiring dec 19. sell or hold overnight
lol jpow just said it came a little quicker than expected
edit: i sold them probably too early again thanks for nothing wsb
Might have left some meat on the bone, but +36% in the gambling port today, and I'm out! Cash gang into tomorrow. Good luck all!
edit: Thank you daddy JPow. Gonna miss you buddy.
how will trump call the shots? Also people seem to forget that Powell was appointed by Trump.
edit:
The rates are voted on by a board of twelve. The chairs vote counts as 1. Trump gets to influence one more seat the rest of his term and thats Powells which doesnt end till 2027. His term as chair and member of the board are independent of each other.
>Currently, the Mountain View, California-based company books more than 1 million rides a week in Phoenix, Los Angeles, San Francisco and Bay Area communities, Austin, Atlanta and, as of last month, Miami. That’s “a number that we’re on a path to hit every week by the end of 2026,”
What is this saying? They currently book 1 million rides a week and next year they plan on booking 1 million rides a week?
edit:
This is the actual quote from the Waymo blog that Forbes misquoted:
>One of the clearest signs of that rider impact came this spring, when we began serving over 1 million fully autonomous rides every month; a number that we’re on a path to hit every week by the end of 2026
Calls on Sony . I’d say guarantee . Everything else no clue .
If you know about warrants , what’s up with ACONW , looks like free money but I know I’m missing something .
EDIT: Never found it , reverse stock split makes it 1-374 making the exercise price around $74.80 instead of $0.20 cents now.
Or it’s a 1-27 split with it being around $5.40 still making it a good play.
There’s too much paperwork here .
Chainsawman Reze Arc is out , 100% recommend watch for any animation lover
Edit: Fun fact the absolute cinema meme with Martin Scorsese came from Chainsawman