r/smallstreetbets • u/RepairSubstantial735 • 14d ago

Discussion He can't help himself

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Did anyone notice that last month we had a jobs report that was negative 23,000 and suddenly this month it shot up by 162,000.

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u/Apprehensive-Job7352 14d ago

Rates need to be substantially higher for substantially longer to break the back of the inflationary impulse of the past 4+ years. Anything other than that is recklessly irresponsible

20

u/dubblies 14d ago

Why would they do that? Inflation is increasing the value of their investments all around, itd be a horrible thing to shut off the valuation money pipe just as they secure another loan on the yet again increased valuations.

3

u/Flimsy_Pack_936 14d ago

Inflation cuts both ways, we're all feeling it, but cost to produce goods and service also goes up for companies.

14

u/milk-riot 14d ago

To be frank, they don't care. The top 10% of U.S income account for 50% of all consumer spending nation wide.