f7ben Posted July 28, 2020 Share Posted July 28, 2020 Racer cries over poor people getting $1200 while the fed spends trillions and trillions propping up a failed system https://www.cnbc.com/2020/07/28/the-fed-is-extending-its-lending-programs-until-the-end-of-the-year.html 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 28, 2020 Share Posted July 28, 2020 7 minutes ago, f7ben said: Racer cries over poor people getting $1200 while the fed spends trillions and trillions propping up a failed system https://www.cnbc.com/2020/07/28/the-fed-is-extending-its-lending-programs-until-the-end-of-the-year.html I did not know you consider yourself poor? Seems your the one crying about it today. 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 28, 2020 Share Posted July 28, 2020 Hey, here is a sampling of the poor people who you say need the 1200 dollar baller checks. Quote Link to comment Share on other sites More sharing options...
Anler Posted July 28, 2020 Share Posted July 28, 2020 35 minutes ago, racer254 said: I did not know you consider yourself poor? Seems your the one crying about it today. Your money is losing value from this. The only reason the dollar hasnt plummeted is because most of the rest of the world is in the same bag or worse. China and Russia are both planning to crush the dollar and replace it as the world reserve currency. The end of this decade is going to look alot different. Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 28, 2020 Share Posted July 28, 2020 10 minutes ago, Anler said: Your money is losing value from this. The only reason the dollar hasnt plummeted is because most of the rest of the world is in the same bag or worse. China and Russia are both planning to crush the dollar and replace it as the world reserve currency. The end of this decade is going to look alot different. Yep, just like we have a coin shortage. Take a good look at the people pushing this. Maybe we need to buy precious metals. Quote Link to comment Share on other sites More sharing options...
Anler Posted July 28, 2020 Share Posted July 28, 2020 Just now, racer254 said: Yep, just like we have a coin shortage. Take a good look at the people pushing this. Maybe we need to buy precious metals. The people pushing this? yeah who is in charge? Go ahead and buy precious metals but what are you going to do with them? Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 28, 2020 Share Posted July 28, 2020 5 minutes ago, Anler said: The people pushing this? yeah who is in charge? Go ahead and buy precious metals but what are you going to do with them? Buy bread with them. LOL Quote Link to comment Share on other sites More sharing options...
Anler Posted July 28, 2020 Share Posted July 28, 2020 1 minute ago, racer254 said: Buy bread with them. LOL exactly. "Hey do you have change for a gold brick?" 3 Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 28, 2020 Share Posted July 28, 2020 4 minutes ago, Anler said: exactly. "Hey do you have change for a gold brick?" What currency should we be buying? Quote Link to comment Share on other sites More sharing options...
F3600 Posted July 28, 2020 Share Posted July 28, 2020 Totally misread the title and thought Ben got a new crossover. 1 Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted July 28, 2020 Share Posted July 28, 2020 1 hour ago, racer254 said: What currency should we be buying? None. Buy assets that produce a cash flow, not commodities. Quote Link to comment Share on other sites More sharing options...
racer254 Posted July 28, 2020 Share Posted July 28, 2020 3 minutes ago, teamgreen02 said: None. Buy assets that produce a cash flow, not commodities. But ben says to short the market and wait on the bubble. LOL Quote Link to comment Share on other sites More sharing options...
f7ben Posted July 28, 2020 Author Share Posted July 28, 2020 Just now, racer254 said: But ben says to short the market and wait on the bubble. LOL You cry your retarded tots off over govt spending but you support a market that’s being propped up by socialism Youre the dumbest cocksucker here ever and by a wide margin Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted July 28, 2020 Share Posted July 28, 2020 1 minute ago, racer254 said: But ben says to short the market and wait on the bubble. LOL Ben is a perma bear. Always says the market is overvalued, losses a small fortune while he waits for it, and then claims victory when he makes a few bucks back when the market eventually turns down. Quote Link to comment Share on other sites More sharing options...
f7ben Posted July 28, 2020 Author Share Posted July 28, 2020 1 minute ago, teamgreen02 said: Ben is a perma bear. Always says the market is overvalued, losses a small fortune while he waits for it, and then claims victory when he makes a few bucks back when the market eventually turns down. My first ever short position was 15 months ago. You go ahead and buy stocks here and see how that works out Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 28, 2020 Platinum Contributing Member Share Posted July 28, 2020 (edited) From the article. Not sure I'd get my panties in a bunch over $110 billion. @f7ben The extension comes even though the takeup on most of the programs has been fairly slow. When they announced the initiatives in early April, Fed officials said the facilities could provide some $2.3 trillion worth of funding. Thus far, though, the total loans have been about $110 billion, according to the most recent filings the Fed has made to Congress on the programs’ activities. Market functioning also has been strong, with corporate bond issuance, for instance, running at record levels. Edited July 28, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted July 28, 2020 Share Posted July 28, 2020 14 minutes ago, teamgreen02 said: None. Buy assets that produce a cash flow, not commodities. That's what I've been doing. 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted July 28, 2020 Share Posted July 28, 2020 10 minutes ago, racer254 said: But ben says to short the market and wait on the bubble. LOL Isn't it a triple short? The stock market rewards those with smarts and a lot of patience, but it will decimate those who have neither. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted July 28, 2020 Share Posted July 28, 2020 11 minutes ago, f7ben said: You cry your retarded tots off over govt spending but you support a market that’s being propped up by socialism Youre the dumbest cocksucker here ever and by a wide margin You know there are other stock markets besides the US. Quote Link to comment Share on other sites More sharing options...
f7ben Posted July 28, 2020 Author Share Posted July 28, 2020 1 minute ago, ArcticCrusher said: You know there are other stock markets besides the US. You know there are other central banks beside the Fed. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted July 28, 2020 Share Posted July 28, 2020 1 minute ago, f7ben said: You know there are other central banks beside the Fed. But they're not as bad as the US. Quote Link to comment Share on other sites More sharing options...
awful knawful Posted July 28, 2020 Share Posted July 28, 2020 (edited) 2 hours ago, f7ben said: Racer cries over poor people getting $1200 while the fed spends trillions and trillions propping up a failed system https://www.cnbc.com/2020/07/28/the-fed-is-extending-its-lending-programs-until-the-end-of-the-year.html No businesses = no employment Then everyone gets the $1200 Fuck you're dumb! You should kill yourself!! Edited July 28, 2020 by awful knawful Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted July 28, 2020 Share Posted July 28, 2020 Just now, awful knawful said: No businesses = no employment Then everyone gets the $1200 Fuck your dumb! You should kill yourself!! It's pretty simple. 1 Quote Link to comment Share on other sites More sharing options...
f7ben Posted July 28, 2020 Author Share Posted July 28, 2020 3 minutes ago, awful knawful said: No businesses = no employment Then everyone gets the $1200 Fuck you're dumb! You should kill yourself!! What the fuck are you babbling about moron? Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted July 28, 2020 Share Posted July 28, 2020 17 minutes ago, f7ben said: My first ever short position was 15 months ago. You go ahead and buy stocks here and see how that works out smh Quote Link to comment Share on other sites More sharing options...
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