Boiler Room: The Official Stock Market Discussion

FabTrey

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Wanted to buy some energy stocks but man dont want to buy high

Bought some MTTR just now for my itchy finger
 

Ohene

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To combat inflation, Powell wants to lower wages:hhh:

“By moderating demand, we could see vacancies come down, and as a result—and they could come down fairly significantly and I think put supply and demand at least closer together than they are, and that that would give us a chance to have lower—to get inflation—to get wages down and then get inflation down without having to slow the economy and have a recession and have unemployment rise materially. So there’s a path to that,” he said.

What a dumb ass
 

Controversy

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What a dumb ass

I think he's implying that more money circulating is increasing demand...the supply chain isn't equipped to effective manage the increased demand...lower wages will lead to decreased demand = relieving supply chain pressures

I think it's too late for that but then again I'm not an economist
 
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