discussion comment
2 years ago
My fat fingers has me bondly predicting outcomes that the normal person does not see with cloudy glasses on. I have family in Marco
island and up the coast, too. They Dodged last years season yet are considering moving to avoid the hurricanes. Both families lives were disrupted for weeks, and they aren’t used to long periods of humidity/heat. Here, we have the heat for 3 months and then it’s perfect without the natural disasters.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
Shit!! Oops, rong account. That’s crazy Joe
discussion comment
2 years ago
https://www.8newsnow.com/news/local-news/snowpack-grows-how-2023-has-bucked-trends-and-la-ninas-deceptions/?ipid=promo-link-block1
A nice article showing how the snowpack this year bucked the trend as this year’s La Niña produced El Niño like precipitation. Now who could have ever made such a bond prediction and be right? That’s correct, it’s ME!! Oh yeah! I am the greatest prognosticator on tuscl! Money in the bank, just like my call on inflation dropping like a rock since summer of ‘22. You’re welcome!
discussion comment
2 years ago
Looks like mainstream media is starting to sound the alarm on deflation, something I’ve been saying since summer of ‘22. Cite cnbc, even though they’re in bed with the liberals…
https://apple.news/AUCiacdHSSW-6CUaebc416A
discussion comment
2 years ago
We all pay with lower rates and higher inflation. That’s about to come along to prop this up. As I said before, people talk tough until they figure it out. Inflation has dropped since the summer of ‘22, and now they’ll backstop banks with gov $$ to inflate assets again.
discussion comment
2 years ago
The floating is dollar has already design to create more tax with inflated prices equaling higher tax revenue and means testing on anyone earning above $26k (single) to $40k (married). Anyway, once funds deplete the incoming revenue will cover benefits for future pensioners to payout 75% of their coverage. Doing nothing will correct itself with lowers benefits, and tweaking will add to the aforementioned 75% benefit in 10+ years, and the tweaking will be a combination of extra taxes and delayed benefits for the Millenials and generation younger. Boomers will not have theirs reduced, unless the cola gets tweaked and likely Gen X will maintain their eligibility requirements.
discussion comment
2 years ago
Doc, me too, my friend. Me too.
discussion comment
2 years ago
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rickduganVerified and Certifiable Super-Reviewer
Wtf! Are you caesar Chavez reincarnated?
discussion comment
2 years ago
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rickthelionStraight outta tha NC, comin' atcha with an AK ready to steal your daughter. ROAR!!!
I just LDK with a girl who targeted her assets on me in a very strategic manner and our a constant grind and my private parts. Am I the asswhole?
discussion comment
2 years ago
Todays 6 month t-bill is 4.89%, however the 5 and ten year are at 3.4%, almost a 140 basis point inversion! Well, that tells us that the velocity of money slows and appreciable assets will continue to drop, or deflate. Any commodity since summer of ‘22 has deflated, and so has the money
https://www.federalreserve.gov/releases/h6/current/default.htm
supply, except for that momentary blip in January of this year. Now banks who took on too much risk on the long end suffering, because of inverted rates. Fed has another job to do other than talking tough like this guy. https://movie-sounds.org/comedy-movie-sounds/quotes-with-sound-clips-from-talladega-nights-the-ballad-of-ricky-bobby/yeah-i-m-gonna-keep-acting-tough-until-i-figure-it-out-all-right
What’s even funnier is that we got some tuscl members who mimic John C Reilly from talladega nights! Rotflmfao
discussion comment
2 years ago
Anyone willing to bet against me that the new annual interest rate (paid semi-annual) the fed puts out for its stated inflation rate starting in May ‘23 will be at 3% or lower? I will take anybody who has the guts to back their pie hole with the actual #s that report from August ‘22 to April ‘23, and I will bet it will be 3% or less, anything higher and you win. To clairify, new purchases would only get around 1.5% for the first 6 months on a variable rate purchase made, which is 3% or less as an annual rate from the last 6 months time period. We only need to wait until the end of April to find out.
https://apple.news/AyZYFyvsQQ7u0agbuy0uvaQ
Told you so! We can even wait until September of ‘23 for a full yoy assessment if you wish, although you’d be handicapping yourself if you took that bet!
discussion comment
2 years ago
Have I told you lately “I told you so”?
https://apple.news/AQB_2X_YPT-icAEXBHuMT-Q
“Wholesale prices decline, PPI shows, and show prices dropping .1%”
Anyway, the real time data hasn’t even shown up with drop in shelter. Just wait until the 12 month lag in rents start coming, tgen a whole new set of “I told you so” will fuel the angst towards Mark, SkiDumb, 2-bits, and Tricky Rickyboi! Every reading from here on out will continue to drop after I called the top in summer of ‘22. Your welcome!
discussion comment
2 years ago
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rickduganVerified and Certifiable Super-Reviewer
Generally credit card organization will take 30-50% to settle an unclaimed debt, depending on the company. She has to have a high # to not hook her way out of this. I’d set up a reward system that incentivizes her to see you repeatedly, with service and compensation increasing after procurement for said services have been rendered.
discussion comment
2 years ago
Classic thread! I see he does reviews but quit joining on discussion boards. Fisherman, Larry
discussion comment
2 years ago
If yiu can’t wait and have to buy, expect to pay the premium. It is noted used car prices have dropped somewhat precipitously the last 6 months, almost up to 20% for some models. It’s not what you’re wanting, except it is doable to purchase a 2-3 year old vehicle at an acceptable price. Leases are starting to come back to market over the next few years since more or funding they can’t keep them as long as they couldn’t afford to.
discussion comment
2 years ago
So you’re clarifying they’re not invested at t-bills, then the treasury notes is where they are at. Only problem would be if they had to liquidate those funds, and apparently they wouldn’t since they bought them to be held for the duration, not to be held to buy/sell in the open market. Tye deposits banks hold onto for overnight are in a different bucket than needed for longer term investments. I think this issue is conflating it with the longer dated treasury notes you speak of.
discussion comment
2 years ago
Finding it hard to believe crisis used with banking system since they’ve had to increase their capital on deposits from the fallout of 2008 liquidity reforms. Fed stepped in during that time and the fed guarantees any treasury deposits. The treasury bills are short term(less than a year) so their values don’t drop but the risk is time stuck at a lower rate when rates increase on the market. Due to short duration bills are nowhere near as risky as the notes on the long end of 5 or 10 years.
Did anyone notice todays report showing wages increasing only a little above 4% yoy in February? Wage spiral inflation is a big nothing burger considering they aren’t even keeping up with inflation. Jobs report shows gains in hospitality/leisure and retail, but continued losses in finance and tech. It takes 3-4 (or more) hospitality/retail jobs to equal one finance/tech position. These jobs reports aren’t spelling out the work tye fed monetary policy has already had an affect on.
Fiscal policy lacks velocity on money to drive inflation. Whatever Biden wants to implement won’t be put in action for a loooong time, if ever. Anyone remember Obama telling us about those “shovel ready” jobs that they barely got around to filling out? Same here, fiscal policy only goes so far when all that money just sits around waiting to be spent, therefore velocity takes place. The pandemic stimulus has been winding down for a year, as depicted from the money supply charts. It’s funny how every counterpoint listed has been directed tied to somebody’s political belief/narrative. Politics are really a minor component of this discussion, and if it was a bigger component then you’d better blame Trumps administration for fucking up throwing money blindly out into the system at the early onset of the pandemic. I voted for him twice, and think he is a flash in the pan. Bye bye!
discussion comment
2 years ago
You should really post about your LDK experiences and see how that gets these people riled up!
discussion comment
2 years ago
“Lunatic fringe, we all know you’re out there!”
discussion comment
2 years ago
I prefer her cousin, Melissa. Yes!!
review comment
2 years ago
Former girlfriend and I got good attention at this club, years ago. If there’s one club in town that will give couples attention it’s this one.
discussion comment
2 years ago
Cop walked up on me getting head during college in the backseat of my car. Thankfully I wasn’t drinking that night!
discussion comment
2 years ago
^ momentary blip, not monetary dip