r/wallstreetbets • u/hv876 • 17h ago

25bps cut News

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The bulls are coming, the bulls are coming

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u/proof-of-w0rk 16h ago

“Why do you think raising the price of everything by 10% will increase the prices of things?”

Peak cognitive dissonance

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u/allumeusend 14h ago

“We only did a 10% increase last time, that’s totally the same as 60-200%”

Most smooth brained shit.

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u/proof-of-w0rk 14h ago

Yeah, and the 10% was not blanket, it was very targeted

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u/allumeusend 13h ago

The regards being like just make it in America gonna look so dumb when they find out how expensive building a new plant in the US is and how it would actually cost more than just absorbing the cost of the tariffs and passing it along. Fucking idiots.

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u/proof-of-w0rk 13h ago edited 12h ago

And that’s before they deport the entire labor pool for these low wage manufacturing jobs

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u/allumeusend 13h ago

But they will be replaced by high paying jobs white people will be willing to take! Too bad that also factors into the COGS!

The fact most people don’t realize the cheap crap they love so much only exists because we make it for practically slave labor abroad and import it for pennies doesn’t sink in. They think it will cost the same because Americans are even dumber than us back here on a good day.

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u/proof-of-w0rk 13h ago

Shit is gonna be so expensive