r/wallstreetbets • u/Force_Hammer • 1d ago

News Powell sees tariffs raising inflation and says Fed will wait before further rate moves

https://www.cnbc.com/2025/04/04/powell-sees-tariffs-raising-inflation-and-says-fed-will-wait-before-further-rate-moves.html
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u/SouthIsland48 1d ago

Yea Powell aint helping Trump out. He was bullied throughout the first term. Powell gunna help the house go blue in 2026 lol FAFO

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u/caterham09 1d ago

The amount of red seats flipping to blue in 2 years is going to be enormous

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u/RontoWraps 1d ago edited 1d ago

Oh, it turns out, boomers actually do want to retire and don’t want to have to reenter the work force at 70 just because they really didn’t like purple haired 20 year olds and they decided to nuke their retirement accounts to send a message. I’m 30, I can survive this era. Good luck if you’re at retirement age and decided to wipe off years of retirement savings and compounded gains over the last 30-40 years. I’ll outlive this shit, will they?

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u/TheFlightlessPenguin 🐧 1d ago

I’ll outlive this shit

I appreciate your optimism

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u/Dozekar 22h ago

Argentina did this after world war 2 and is still struggling with related problems 80 years later.

I hope they're too young to trade if they want to out life the damage.

The institutional damage and trust in stability economically and legally that the US was built on has been seriously shaken, and all our economic strength was in it being easier to keep working with us than starting new with someone else. We just fucked all of that and can't get it back.

Edit: To put this in perspectives for the highly regarded crowd here, this is like asking your wife for an open relationship then discovering no one in town wants to fuck you and everyone in town is now fucking her and she really likes that a lot more than fucking you.

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u/TheFlightlessPenguin 🐧 21h ago

Ok but can I steal her boyfriend’s credit card and rack up a bunch of debt on hookers?

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u/Dozekar 19h ago

No but only because the hookers are busy banging her for free and even when they're not they only take cash.

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u/TheFlightlessPenguin 🐧 19h ago

Cam girls: checkmate

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u/RontoWraps 1d ago edited 1d ago

Ah I’ll be fine, I already served in the military and would be exempt from a draft. Best of luck to yall though I did my time. Unless they kill off all the 18-25 year olds and then start expanding from there AND changing the rules, no chance I’m affected. Plus, the current way we conduct war doesn’t really need as many bodies.

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u/Upper_South2917 1d ago

Same, at 41. They aren’t dragging my ass in.

And I had to register for selective service the month after 9/11.

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u/TheFlightlessPenguin 🐧 23h ago

I mean with declining birth rates they might take a page out of Ukraine’s book and use up everyone in our age bracket before touching the 18-25 year olds

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u/Upper_South2917 23h ago

If they’re conscripting older people in a country of 330 million. Buddy, we got bigger issues than our 401ks at that point.

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u/TheFlightlessPenguin 🐧 21h ago

Well, gen z is more malleable than millennials. Maybe they’d like an excuse to get rid of us

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u/Dozekar 22h ago

The current way we conduct war requires absurd amounts of money to regularly flow. If the economy gets fucked our military turns into Russias military really fucking quick.

People here seem to be unaware of this, but maintaining the most advanced military in the world is not free and the cost just went up by tarrif%.