Inflation… raise interest rates to slow Inflation???

[TOM4CWB]

Just watching RFD TV closing markets…
Increasing interest rates does not decrease inflation when oil today is over $90/barrel… talking now about 7 rate hikes…

Food price increases, shortages of energy, fertilizer, inputs, equipment, 2% increase in interest rates doubles interest payments, the very people who were hurt the most by the Pandemic… get double jeopardy… whilst Banks and Billionaires bank accounts Bulge!!!

4% increase in wages while inflation is rising 7.4%?

Lumber drops 30% in the last month… housing prices rising dramatically with big shortages while costs of house ownership about to double???

This can’t end well…

[TOM4CWB]

Facebook META lost $240 Billion in one day, the biggest loss by a US company EVER!!!

[Taiga]

I heard some analysts saying the chicom TicTok has overtaken Facebook in popularity among the social media crowds and Facebook will continue to decline.

[TOM4CWB]

I heard some analysts saying the chicom TicTok has overtaken Facebook in popularity among the social media crowds and Facebook will continue to decline.

They are saying on Bloomberg Zuckerberg lost 40$ Billion today, had a meeting with the employees… he had red eyes… blamed it on scratched corneas…

The Meta universe is not unfolding as he hoped!!!

[helmsdale]

I heard some analysts saying the chicom TicTok has overtaken Facebook in popularity among the social media crowds and Facebook will continue to decline.

For lack of better wording, Facebook may as well be called Boomerbook now.

My generation was the first to latch on. The one below me was quick to get going as well. The latest group of teens and young adults has a facebook profile now that is devoid of all things "social", if they have it at all. The vast majority of my generation has abandoned it, or at best uses it for a couple of the add on features like groups and marketplace.

[agstar77]

Facebook has become a billboard. Way too much advertising. Ever heard the parable about the Golden Goose?

[WiltonRanch]

For lack of better wording, Facebook may as well be called Boomerbook now.

My generation was the first to latch on. The one below me was quick to get going as well. The latest group of teens and young adults has a facebook profile now that is devoid of all things "social", if they have it at all. The vast majority of my generation has abandoned it, or at best uses it for a couple of the add on features like groups and marketplace.

Once our mothers and grandparents started invading it you knew it’s time had come. I laughed at some young persons comments that Facebook was now just a bunch of boomers screaming into a void.

[errolanderson]

The Meta Universe fallout is just a warning shot . . . .

Many economic sectors at-risk. This is the ‘Everything Bubble’. Easy money times are gone.

[agstar77]

The Emperor has no clothes. FB, bitcoin no real value.

[errolanderson]

Lumber prices starting to tumble just at the hint of rising mortgage rates. Down 30 percent stateside over past month. The sound of bubbles . . . .

Inflation will be corraled as its hits the debt-riddled consumer.