Mainstream Economics Thread

[wetwillie]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

[Pete]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

The only thing holding that back is the pace of technological advancement.


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[steve dave]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

Inflation is going to go through the roof no matter what now unfortunately. The primary thing lower rates could do to benefit this country is loosening up the housing market. That and boomers hurrying up and getting shoved into a home/dying.


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[Justwin]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

It will matter on the margin.

[Justwin]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

Inflation is going to go through the roof no matter what now unfortunately. The primary thing lower rates could do to benefit this country is loosening up the housing market. That and boomers hurrying up and getting shoved into a home/dying.


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What is through the roof?

What do you think the inflation rate will be (CPI-U) in the report that comes out in June of 2026?

[wetwillie]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

Inflation is going to go through the roof no matter what now unfortunately. The primary thing lower rates could do to benefit this country is loosening up the housing market. That and boomers hurrying up and getting shoved into a home/dying.


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How are rate cuts going to loosen up the market?  Psychologically trick people into thinking a 600k house at 5% is better than a 550k one at 6%?

[wetwillie]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

Inflation is going to go through the roof no matter what now unfortunately. The primary thing lower rates could do to benefit this country is loosening up the housing market. That and boomers hurrying up and getting shoved into a home/dying.


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What is through the roof?

What do you think the inflation rate will be (CPI-U) in the report that comes out in June of 2026?

4%+

[Stupid Fitz]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

Inflation is going to go through the roof no matter what now unfortunately. The primary thing lower rates could do to benefit this country is loosening up the housing market. That and boomers hurrying up and getting shoved into a home/dying.


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Deporting the only people willing to work in nursing homes will def help one of these things!


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[sonofdaxjones]

StupidFitz thinks only illegal immigrants work in assisted living facilities. 

Every day this dude quadruples down on the derp and then floods this blog with it.

StupidFitz - worried about deporting illegal immigrants since 1/26/25




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[steve dave]

I don't think a rate cut is going to matter on jobs tbh.  That's not going to make AI replace white collar workers at a slower pace.

Inflation is going to go through the roof no matter what now unfortunately. The primary thing lower rates could do to benefit this country is loosening up the housing market. That and boomers hurrying up and getting shoved into a home/dying.


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What is through the roof?

What do you think the inflation rate will be (CPI-U) in the report that comes out in June of 2026?

I'm not as knowledgeable on the rates as you are but I think we could see 7. I'd just say it's going to be a shitload higher than it has (had) to be (just like last print) and fed rates will have no say in it unfortunately. a lot of trump backing off all his nonsense will hopefully not make that reality.

[steve dave]

out of curiosity what do you see?