Economy Trump calls for negative interest rates

[JohnnySagebrush]

Yeah, I was wondering when he would push this. He’s economically retarded.

 

[djacobox372]

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.

Uh, no that's not what he said.

You can't redefine the English language and grammar to make him sound more sane. It doesn't work that way.

 

[jeffk]

He is looking at someone to blame if/when we go into recession due to the trade war with China.

The tariffs aren't paid by China no matter how many time Trumps claims they are.

 

[Oliver Clothesoff]

He is looking at someone to blame if/when we go into recession due to the trade war with China.

The tariffs aren't paid by China no matter how many time Trumps claims they are.

They are for the Farmers.

And let's get real, they just had a business round Table being reported in the news today, and the heads of the major retailers all say that they are really not seeing much difference in their pricing, due to finding other supply chains and moving things around in such a way the Tarriffs aren't really being felt by consumers.

Now that may change one day, but for now it's a non issue, and the good that can come from this is worth paying a little bit more even if we had to. China's been ripping off everyone (not just the US) for a very long time. Rather than becoming a "parther" in the WTS they have used that privilege to rip off intellectual property, force partnerships, and by ripping virtually everyone with currency manipulation and unfair trade deals.

 

[Bull Hurley]

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

Where does the money to pay the federal reserve interest come from? Oh yea, the federal reserve prints more money to pay the interest....devaluing the dollar even more. And then there's interest on that printed money to pay for.

Do you even federal reserve bro?

 

[LangfordBarrow]

Where does the money to pay the federal reserve interest come from? Oh yea, the federal reserve prints more money to pay the interest....devaluing the dollar even more. And then there's interest on that printed money to pay for.

Do you even federal reserve bro?

Now that you've simplified the problem it makes perfect sense.

 

[Bull Hurley]

Yeah, I was wondering when he would push this. He’s economically retarded.

Wow....so much stupidity. It's like you want to be a debt slave.

 

[Bull Hurley]

Now that you've simplified the problem it makes perfect sense.

Nice smug response. I guess that's to be expected when you get your ass kicked and have nothing to add yourself because you are uneducated on the subject. Glad I could help.

 

[BarryDillon]

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.

 

[JohnnySagebrush]

Wow....so much stupidity. It's like you want to be a debt slave.

You’re going to have to elaborate, fella.
I’m a “saver.” Not a debt slave. I don’t appreciate POTUS pushing policy that punishes me for being fiscally responsible.

 

[Sensei Student]

What is negative interest rate? They pay me to borrow money?

 

[Sensei Student]

You’re going to have to elaborate, fella.
I’m a “saver.” Not a debt slave. I don’t appreciate POTUS pushing policy that punishes me for being fiscally responsible.

Saving is not good in an inflated economy. Your purchasing power decreases as inflation increases. It's good in a recession where everything is cheap and I guess that's when interest rates drop. With rates dropping, people will more like to apply for loans.

 

[Bull Hurley]

What is negative interest rate? They pay me to borrow money?

Holy shit....do you even know what the federal reserve is? wow.

 

[LangfordBarrow]

Nice smug response. I guess that's to be expected when you get your ass kicked and have nothing to add yourself because you are uneducated on the subject. Glad I could help.

That was just a smiley. Smug response face would have been... so...

 

[Bull Hurley]

You’re going to have to elaborate, fella.
I’m a “saver.” Not a debt slave. I don’t appreciate POTUS pushing policy that punishes me for being fiscally responsible.

The very money that you are saving is debt. That may be hard to comprehend.

 

[Bull Hurley]

That was just a smiley. Smug response face would have been... so...

I can read between the lines. You are a know it all that doesn't know shit. It's why you have nothing to offer on the subject. you are afraid to speak on it because you would humiliate yourself which makes you a coward also.

Probably just another victim of tds. Get help.

 

[7437]

Where does the money to pay the federal reserve interest come from? Oh yea, the federal reserve prints more money to pay the interest....devaluing the dollar even more. And then there's interest on that printed money to pay for.

Do you even federal reserve bro?

Well Trump said that there would be no devaluation if we go to negative interest rates....

Almost like he has no clue what hes talking about. And is pretty stupid.

 

[Trotsky]

I was gonna respond until TS revealed himself at the last minute as a braindead TDS asshole.

Yes, I'm sure you were just moments away from elucidating us with an impressive and thought-out discussion of economics and the virtues of Trump's interest rates policy.

But then you saw the TS has TDS, so you decided to go with your usual tribalist shit-posting.

Darn.

 

[Fawlty]

Jfc.

Also, who's the new idiot?

 

[JohnnySagebrush]

The very money that you are saving is debt. That may be hard to comprehend.

You use crypticness to hide your ignorance, Bull. You know little of economics or the Fed.

It doesn’t look like you have long for this forum. We’ve got enough trolls and shitposters already,