OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Fed being political sized but don’t take their advice

Posted by goldielocks @ 13:16 on June 30, 2022  

Back on the news again talking the market down, Their advice is to go insolvent while they bail themselves out. Powell talking about people have savings left they can draw on. Draw in for what? Because they know this administration is destroying the economy and their inflation is transitory inactions while buying mortgage back securities and inflation went up 400 percent last year with no wars to blame it on? Sounds either really bad advice or predatory. For what, to go insolvent and file bankruptcy next? Hope people can wait it out or develops a plan for their future instead.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.