DonTheCon2024 Posted September 15, 2023 Report Share Posted September 15, 2023 Same guy who hammered the fed into a zero interest rate policy which was a significant driver to the asset bubble and major inflation we have going on now.. but it doesn’t matter, because his passionate supporters are mouthbreathing MORONS who barely passed middle school algebra. This is the hidden content, please Sign In or Sign Up Former President Donald Trump complained that interest rates are too high and indicated that if he gets another term in office, he might pressure Federal Reserve Chair Jerome Powell to loosen monetary policy. In an interview set to air Sunday on NBC’s “Meet the Press,” Trump also hinted that he would at least consider removing This is the hidden content, please Sign In or Sign Up . …. Indeed, the Fed began cutting rates in 2019, ultimately taking its benchmark borrowing rate down to near-zero This is the hidden content, please Sign In or Sign Up in March 2020. Trump’s criticism of the Fed came even though This is the hidden content, please Sign In or Sign Up , who was confirmed in 2018 This is the hidden content, please Sign In or Sign Up to succeed Janet Yellen, who went on to become Treasury secretary under President Joe Biden. Quote Link to comment Share on other sites More sharing options...
SmashMouth Posted September 18, 2023 Report Share Posted September 18, 2023 Lowering the interest rates too much at this point would simply be a "feel good" boost. Might hurt in the long run unless done slowly and thoughtfully. Quote Link to comment Share on other sites More sharing options...
DonTheCon2024 Posted September 18, 2023 Author Report Share Posted September 18, 2023 18 minutes ago, SmashMouth said: Lowering the interest rates too much at this point would simply be a "feel good" boost. Might hurt in the long run unless done slowly and thoughtfully. You’re spot on. The trick here is to lower rates, and then blame next guy in office when it comes time to pay the bill His passionate supporters fell for it last time, and they will again. They are not smart people Quote Link to comment Share on other sites More sharing options...
SmashMouth Posted September 18, 2023 Report Share Posted September 18, 2023 1 hour ago, DonTheCon2024 said: You’re spot on. The trick here is to lower rates, and then blame next guy in office when it comes time to pay the bill His passionate supporters fell for it last time, and they will again. They are not smart people To be fair, it’s not Trump. It’s all people who are trying to get votes. No different for Democrats, Republicans, Independents, etc. Politicians (synonymous with liar, cheat, scum) will tell us whatever’s advantageous to getting our vote. Pick your poison. Like I’ve said before, I’m going to choose the lesser of two evils in my opinion and vote Republican as I have for years. Chester86 and 5GallonBucket 2 Quote Link to comment Share on other sites More sharing options...
myrecordwashorrible Posted September 20, 2023 Report Share Posted September 20, 2023 On 9/15/2023 at 2:19 PM, DonTheCon2024 said: Same guy who hammered the fed into a zero interest rate policy which was a significant driver to the asset bubble and major inflation we have going on now.. but it doesn’t matter, because his passionate supporters are mouthbreathing MORONS who barely passed middle school algebra. This is the hidden content, please Sign In or Sign Up Former President Donald Trump complained that interest rates are too high and indicated that if he gets another term in office, he might pressure Federal Reserve Chair Jerome Powell to loosen monetary policy. In an interview set to air Sunday on NBC’s “Meet the Press,” Trump also hinted that he would at least consider removing This is the hidden content, please Sign In or Sign Up . …. Indeed, the Fed began cutting rates in 2019, ultimately taking its benchmark borrowing rate down to near-zero This is the hidden content, please Sign In or Sign Up in March 2020. Trump’s criticism of the Fed came even though This is the hidden content, please Sign In or Sign Up , who was confirmed in 2018 This is the hidden content, please Sign In or Sign Up to succeed Janet Yellen, who went on to become Treasury secretary under President Joe Biden. I'm a mouth breathing moron college professor! Go me!!! Reagan 1 Quote Link to comment Share on other sites More sharing options...
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