kugelblitz_100

kugelblitz_100 t1_j2ftr8z wrote

Jeff Guinn's excellent book on the life of Charles Manson and his cult goes into great detail on this. I'd also highly recommend Guinn's books on Jim Jones and Bonnie & Clyde.

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kugelblitz_100 t1_j2axcw0 wrote

You're missing that it's not possible to tell when the Fed has stopped raising rates without a time machine. Even if inflation gets low and the Fed says they'll stop raising rates, how do you know inflation won't rise in 6 months or a year and they'll have to start raising rates again?

Look at inflation in the 70's: Got high, went low, got high, then got really high for several years.

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kugelblitz_100 t1_j2aio0q wrote

I'd suggest logging off the Internet, going to a quiet place in nature, and silently pondering why you, a child, are asking complete strangers on a gambling social media site where to spend your money.

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