Fed knows exactly what they’re doing. They aren’t trying to fix the economy. They’re trying to bail out they’re buddies at the banks and their own retirement accounts. They Cool Stay Out of My Bubble Black Cat Shirt call it a revolving door for nothing. My small business has to plan for every possible shit scenario there is, if you are a small business in America and don’t have at least 3 months operating expenses set aside and decent business interruption coverage then you are living on the edge every day. Why the hell does every business with a market cap over $1B have to play by those same rules? Meanwhile, at some point, my taxes will go up to support this sham. The only reason I don’t have a gun to my head for the past couple of days.
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We tell individuals to have 3-6 months of expenses to cover emergencies. And if someone gets in trouble and doesn’t have an emergency fund, we say shame on you, bootstraps! The Cool Stay Out of My Bubble Black Cat Shirt big business we say don’t worry, we’ll just print as much as you need. Fucking unbelievable. Maybe if Starbucks hadn’t been buying that $5 latte every day, they’d have some money set aside for an emergency like this. As much hate that goes around this dude, he legitimately saved my life financially. I have an account that I keep his suggestions in and then fuck around on Robinhood with some options with whatever I would’ve spent on beer anyway
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Shit worked for me, but I was pretty disciplined with my money, to begin with. I just checked him out and realized how much needless spending I was doing. No, I have money to gamble. Thanks, Cool Stay Out of My Bubble Black Cat Shirt Dave!! Meanwhile, Treasury is maybe going to give an option to small businesses for an interest-free loan? Don’t get me wrong, I’m not asking for money for small business. Businesses should be allowed to fail. So should the big guys. The fed took the meme literally. We have a fake market now, thx for everything Powell.
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