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re: Biden supporters check in thread.

Posted on 8/16/21 at 11:01 am to
Posted by STLhog
Nashville, TN
Member since Jan 2015
17739 posts
Posted on 8/16/21 at 11:01 am to
Good luck getting that out of Powell.

Volcker ain't walking through that door or getting appointed by this administration.
Posted by DangerousWafer
Member since Aug 2021
228 posts
Posted on 8/16/21 at 11:18 am to
Well, I'm of the belief that it needed to be done regardless of this crisis.

There's no ammunition left otherwise.

The highly leveraged model I'm trading right now relies on low rates but even I think that rates need to rise. I'll have to swap treasuries for consumer staples but I admire Volcker for the stance he took back then.
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