Economy Trump calls for negative interest rates

Discussion in 'The War Room' started by 7437, Sep 11, 2019.

  1. 7437

    7437 Yellow Card Yellow Card

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    Cant say I think this is a good idea.





    This is a move that struggling economies make, because it is not a good thing. Trump is obviously ignorant as hell and unfit to be president.
     
  2. Oliver Clothesoff

    Oliver Clothesoff Brown Belt Platinum Member

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    I was gonna respond until TS revealed himself at the last minute as a braindead TDS asshole. :rolleyes:
     
  3. Bull Hurley

    Bull Hurley Double Yellow Card Double Yellow Card

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    Trump is challenging the federal reserve, and you think he is ignorant for that? Wow, you should educate yourself.
     
  4. ShadowRun

    ShadowRun error Platinum Member

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    Yea I read that tweet at first I thought he was saying a 0 or below but no he's saying zero or less then it is. But I am sure the TDS will not allow you to change your mind.
     
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  5. sabretruth

    sabretruth Gold Belt

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    I remember Republicans complaining about the FED's low interest rates under Obama.
     
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  6. Jack V Savage

    Jack V Savage Secretary of Keepin' It Real/Nicest Guy on Sherdog

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    It totally contradicts 1) the idea that the economy is very strong now, 2) Trump's previous position, and 3) conservative movement orthodoxy over the past several years. In general, if cutting rates to 0 isn't enough to get the economy moving, going below 0 shouldn't be off the table, but it's not likely to be effective.
     
  7. 7437

    7437 Yellow Card Yellow Card

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    No. He said zero or less. Not zero or less than it is currently. Dont make stuff up and pretend he said that instead.
     
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  8. MikeMcMann

    MikeMcMann Gold Belt

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    Shall we dig up one of Trump's prior tweets to expose his hypocrisy or is that no longer required because its accepted by all?

    Trumps argument that 'we have the strongest economy', coupled with his pressure to 'drop rates' are at direct odds with one another and shows he knows the economy is on a precipice, and he simply does not care.

    He is running the country exactly as he ran the Trump businesses, which is to debt them up and take on as much debt as possible, take as much out as you can before it all explodes and then walk away when it blows up leaving others with the clean up.

    if the experienced businessman knows one thing, its how to bankrupt anything he gets control of while grabbing as much as he can for himself along that road.

    One would have to literally be an idiot to allow him to steer the financial ship and the Fed better hold strong to his independence.
     
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  9. MikeMcMann

    MikeMcMann Gold Belt

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    Project much?

    You can guarantee the person shouting TDS is the one suffering as you are in your need to rush in and try to give Trump cover for anything and everything he says or does. TDS applies to Trump supporters FWIW.


    Trump calls Fed officials 'Boneheads' as he demands zero or negative interest rates
     
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  10. xcvbn

    xcvbn Silver Belt

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    Loot and pillage by the wealthy class

    is what precedes economic collapse
     
  11. xcvbn

    xcvbn Silver Belt

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    You're mistaking desperate exploitation as strength

    Big mistake
     
  12. LangfordBarrow

    LangfordBarrow StickAndMove Platinum Member

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    Was your response going to be that it was a bad idea?
     
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  13. LangfordBarrow

    LangfordBarrow StickAndMove Platinum Member

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    You see no problem with a permanent zero or less interest rate?
     
  14. vengeful

    vengeful Brown Belt

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    No, he's saying negative interest rates because other countries have negative interest rates..... The only way for the US to 'always be paying the lowest rates' is to be lower than countries with 0 and negative rates.
     
  15. LangfordBarrow

    LangfordBarrow StickAndMove Platinum Member

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    You're just willing to give him the benefit of the doubt. {<shrug}
     
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  16. zebby23

    zebby23 Yellow Card Yellow Card

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    People who still support this imbecile are the TDS brain dead assholes. If it isn’t clear to you that he is completely incapable of doing the job you have ulterior motives and nobody can help you
     
  17. Oliver Clothesoff

    Oliver Clothesoff Brown Belt Platinum Member

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    TDS makes them ignorant and quite frankly, unteachable. These people vote is based on hatred of the other party, and what their candidate looks like, not on policy. There's no point in even talking to them anymore. The best thing we can do is beat the shit out of them in 2020 and remove them from power. ;)
     
    Last edited: Sep 11, 2019
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  18. SIRGAY HARITONOB!

    SIRGAY HARITONOB! RED ARMY BELT

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    Interest rates on something with no value. Impressive magic being used here
     
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  19. *Z*

    *Z* Brown Belt

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    So we lower rates to zero or near zero. Then we have an actual recession. Now what?
     
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  20. Anung Un Rama

    Anung Un Rama Idol of Millions Platinum Member

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    We lower them to Kelvin
     

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