Yellen seeks to 'understand deeply' GameStop frenzy...

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Eric
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Yellen seeks to 'understand deeply' GameStop frenzy...

Post by Eric »

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday that she and financial market regulators needed to "understand deeply" what happened in the recent trading frenzy involving GameStop Corp (GME) and other retail stocks before taking any action.
https://www.fidelity.com/news/article/t ... TR-OUSBS_1

If she doesn't already "understand deeply" what happened, is there anywhere in the multiverse where she would be QUALIFIED to be the US Treasury Secretary?
-FOMOing in is how the masses loose their asses.
-"forget bitcoin, focus on your balls......." -Stefk
-Misinformation: noun, information that is true and correct and might lead people towards freedom and autonomy instead of tyranny and slavery.
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Alykin
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by Alykin »

I can't see the harm in being thorough to ensure you understand who all the players involved are and their actions and not just going off of what reddit says.
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AstuteShift
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by AstuteShift »

Negative news to bring the stock down, nothing new. A former FED chair person knows exactly what’s going on
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Eric
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by Eric »

The headline reads to me exactly the same as these hypothetical headlines:

"Mechanic unsure if oil is important to your engine, but vows he will find out."
"Doctor seeks to understand if heart rate of zero is acceptable."
-FOMOing in is how the masses loose their asses.
-"forget bitcoin, focus on your balls......." -Stefk
-Misinformation: noun, information that is true and correct and might lead people towards freedom and autonomy instead of tyranny and slavery.
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Alykin
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by Alykin »

Hmm, I see it more like:

"Mechanic double checking if car had other issues beyond unchanged motor oil."
"Doctor seeks to understand if other conditions contributed to heart attack."
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SOL
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by SOL »

Taking an observer perspective one can easily see that Yellen nor anyone else in power cares about this event, but since it helps with the destruction of the banker's trend, she is likely to state that no conclusive data was found suggesting illegal manipulation. But congress will continue to become more vocal in favour of the masses being allowed to conduct such activities in the future. And then the SEC will follow and state they see no issues with the masses doing this
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Budge
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by Budge »

SOL wrote: Fri Feb 05, 2021 1:59 am Taking an observer perspective one can easily see that Yellen nor anyone else in power cares about this event, but since it helps with the destruction of the banker's trend, she is likely to state that no conclusive data was found suggesting illegal manipulation. But congress will continue to become more vocal in favour of the masses being allowed to conduct such activities in the future. And then the SEC will follow and state they see no issues with the masses doing this
Then banks shoot themselves in the foot. Like BofA spying on customers for the feds. I suppose they could argue this is all about "know thy customer":

https://www.youtube.com/watch?v=y-AmnasDev0
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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Re: Yellen seeks to 'understand deeply' GameStop frenzy...

Post by bpcw »

Most of you are so cynical :cry: , it's obvious that Janet Yellen and all the other leaders of the central banks just love us and want the very best for us!!! :lol: :lol: :lol:
The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.
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