goosesixteen on Warpcast

Content pfp

0 reply

0 recast

0 reaction

goosesixteen pfp

@androidsixteen.eth

It bothers me how sensitive asset prices are right now to rate cut decisions It's more power than a single committee (or msig) should have over the economy, and in the long run it's also unsustainable So I worry we're just kicking the can down the road without any clear plan on how to fix this

16 replies

6 recasts

45 reactions

Giuliano Giacaglia pfp

Giuliano Giacaglia

They are just kicking the can down the road.....

1 reply

0 recast

8 reactions

Jason pfp

Posing the counter Taking the bot trading that moves markets out of it. Shouldn’t long-term assets be valued in relation to how attractive yields are in US issued bonds?

1 reply

0 recast

2 reactions

BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Kicking the can… a national sport since ______. Yet I’ve got a Patriots game on tap for tonight to enjoy, so there’s that.

1 reply

0 recast

3 reactions

kevin j 🀙 pfp

i wonder what could have possibly prompted this decision to choose this date

1 reply

0 recast

1 reaction

LGHT pfp

question becomes what is a lowest common denominator yet objectively more decentralized superordinate narrative that can replace it might not be here yet??

1 reply

0 recast

1 reaction

Matthew Fox 🌐 pfp

Matthew Fox 🌐

such is Keynesian economics

0 reply

0 recast

2 reactions

Adam Blumberg pfp

It is frustrating how much we hang on every FED decision to drive the economy. They aren't supposed to have that much power, and honestly, I don't think they want it.

0 reply

0 recast

1 reaction

Cassie Heart pfp

The Times 30/Sep/2024 Chancellor on brink of third bailout for banks

0 reply

0 recast

1 reaction

Ξric Juta pfp

was thinking bout this earlier why is it BTC/JPOW rather than BTC/USD

0 reply

0 recast

1 reaction

//trip pfp

Worth thinking about how much power they actually have and how much the banks and power players just use it as a crutch to make their big moves

0 reply

0 recast

1 reaction

Gwynne Michele pfp

@thecurioushermit

That's basically what we've always done. Everything is unprecedented, everyone's just making their best guesses and economics is astrology for bros.

0 reply

0 recast

1 reaction

MJC pfp

crypto fixes this?

0 reply

0 recast

0 reaction

Baserv337 pfp

Relying on rate cuts to prop up asset prices is concerning and unsustainable in the long run. We need a more comprehensive approach to the economy

0 reply

0 recast

0 reaction

Aunt HoⓂ️ie pfp

Aunt HoⓂ️ie

I know it’s completely illogical, but sometimes I wonder what would a world be like if the economy either completely shifted. Credit was erased, debt erased, monetary shifts to something like crypto. If we know that we’re in a world where Powell can literally affect the entire economic world, then like you said, it’s not sustainable. But we’re in a world where this situation has been likely decades in the making. No fix occurs that can erase decades of greed. Even the fixes of crypto have a tinge of greed as well. But inclusivity to help ease the feeling of flying off an economic cliff feels like communism, what do we do? I know this isn’t a solution, but maybe identifying each issue could eventually get the solution needed.

0 reply

0 recast

0 reaction

Maretus pfp

It’s batshit how much power the fed has and it’s the primary reason I feel such libertarian tendencies. End the fed really ring true me when ya know the history of the org.

0 reply

0 recast

0 reaction

Stuart pfp

Part of why the Fed lowers the interest rates is to give finance corporations cheaper money printing power in order to finance corporate takeovers which leads to mass layoffs. They're going for max asset prices and minimum working class power. So yes us degens will try to get in on the price action and some will be successful, but in general most of us will be worse off after this bull market and the oligarchs will be at all time high.

0 reply

0 recast

0 reaction