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Content
@
https://warpcast.com/~/channel/finance
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androidsixteen pfp
androidsixteen
@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
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Giuliano Giacaglia 🌲 pfp
Giuliano Giacaglia 🌲
@giu
They are just kicking the can down the road.....
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kevin j pfp
kevin j
@entropybender
i wonder what could have possibly prompted this decision to choose this date
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Kicking the can… a national sport since ______. Yet I’ve got a Patriots game on tap for tonight to enjoy, so there’s that.
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Jason pfp
Jason
@jachian
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?
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LGHT pfp
LGHT
@lght.eth
question becomes what is a lowest common denominator yet objectively more decentralized superordinate narrative that can replace it might not be here yet??
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Adam Blumberg pfp
Adam Blumberg
@adamblumberg
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.
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homie pfp
homie
@infinitehomie
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.
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Cassie Heart pfp
Cassie Heart
@cassie
The Times 30/Sep/2024 Chancellor on brink of third bailout for banks
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Maretus pfp
Maretus
@maretus
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.
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MJC pfp
MJC
@mjc716
crypto fixes this?
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Ξric Juta pfp
Ξric Juta
@ericjuta
was thinking bout this earlier why is it BTC/JPOW rather than BTC/USD
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Matthew Fox 🌐 pfp
Matthew Fox 🌐
@matthewfox
such is Keynesian economics
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Gwynne Michele pfp
Gwynne Michele
@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.
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L3MBDA
@l3mbda
economy’s riding a rollercoaster
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//trip pfp
//trip
@heytrip.eth
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
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