TSX:AX.PR.E - Post by User
Comment by
Torontojayon Oct 04, 2024 7:09pm
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Post# 36254083
RE:RE:Why cut rates
RE:RE:Why cut rates
DZtrader wrote:
Now that was hilarious! The old addage "better to keep quiet and thought a fool than to open your mouth and remove all doubt" very much comes to mind. Did you actually say
A. we are in a recession or very close to one or,
B. the economy is booming which will cause more inflation and long term interest rates to go higher.
Is that not the equivalent of saying I guarantee you, its either black or its white!!! No Shat Sherlock. I can't actually believe you just said that..........................and I thought your blunderous "rate cuts are not stimulative to the economy" laugh was never to be beaten, this just gave it a run. Or is this just your way of saying I really have no idea what is going on so in true Rumple fashion, make a call in both directions so you can later again say, "see, just as I predicted"
You seemed to omit the oh so very obvious reason to cut, and that is they are well well off neutral. You remember don't you Mr. R Star.
On a final note, with regards to jobs revisions, I have posted many times about downward revisions so there is nothing that I have to admit, dumb (rymes with bass). Nice try again though. Get it together econoboy.
what a dum dum you are.
The mainstream narrative is that inflation falls back to 2% and stays there without causing a recession. I have often referred to this as immaculate disinflation. What I'm saying is that you either get a hard landing and inflation gets back to target or you don't get a recession but inflation trends above target. Do you remember the 1970's?
If the economy isn't slowing down then what do you think will happen to inflation when they drop rates?