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The Federal Reserve is a smooth operator that picks and chooses who has a nice economy

Posted on 4/10/24 at 3:58 pm
Posted by Timeoday
Easter Island
Member since Aug 2020
8567 posts
Posted on 4/10/24 at 3:58 pm
until they get caught with their pants down and now, must hope and pray it is a soft landing. James O'Keefe strikes again and a Federal Reserve principle economist spills the beans unknowingly.

Get the Federal Reserve out of USA. Nothing but crooks playing with other peoples money.

Federal Reserve Does Not Like POTUS Trump
Posted by Bass Tiger
Member since Oct 2014
46010 posts
Posted on 4/10/24 at 4:01 pm to
The Federal Reserve is the prime bank of the Global Banking Cabal.
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
7135 posts
Posted on 4/10/24 at 4:02 pm to

If they did not like Trump, they would cut rates and save Biden.
Posted by Timeoday
Easter Island
Member since Aug 2020
8567 posts
Posted on 4/10/24 at 4:09 pm to
quote:

If they did not like Trump, they would cut rates and save Biden.


Unfortunately they can not due to their own dilemma. Stagflation is the next train about to hit the Federal Reserve station.

Bunch of political morons who just can not help themselves now.
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49136 posts
Posted on 4/10/24 at 4:38 pm to
quote:

they would cut rates and save Biden.

That would hurt Biden even more.
Posted by faraway
Member since Nov 2022
1972 posts
Posted on 4/10/24 at 4:44 pm to
quote:

If they did not like Trump, they would cut rates
did you miss the part where they said they're going to cut rates this year? maybe you're being subtle?
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
27896 posts
Posted on 4/10/24 at 5:02 pm to
quote:

The Federal Reserve is a smooth operator that picks and chooses who has a nice economy

Trump knew this going in. After 8 years of no rate hikes under Obama, they started almost immediately raising rates once Trump was elected. Then Trump called them out on it, and surprisingly the rates magically fell again

Jan, 2007 - Obama sworn in
Sep. 18, 2007 -50 4.75%
Oct. 31, 2007 -25 4.50%
Dec. 11, 2007 -25 4.25%
Jan. 22, 2008 -75 3.50%
Jan. 30, 2008 -50 3.00%
Mar. 18, 2008 -75 2.25%
Apr. 30, 2008 -25 2.00%
Oct. 8, 2008 -50 1.50%
Oct. 29, 2008 -50 1.00%
Dec. 16, 2008 -100 0% to 0.25%

And stayed that way until Trump was elected in Nov, 2016
Dec. 15, 2016 +25 0.5% to 0.75%
Mar. 16, 2017 +25 0.75% to 1.00%
June 15, 2017 +25 1.00% to 1.25%
Dec. 14, 2017 +25 1.25% to 1.50%
Mar. 22, 2018 +25 1.50% to 1.75%
June 14, 2018 +25 1.75% to 2.0%
Sep. 27, 2018 +25 2.0% to 2.25%
Dec. 20, 2018 +25 2.25% to 2.50%

June 10, 2019 - Repeated criticisms from the president are part of the context in which Jerome Powell must make an interest-rate decision soon.

Aug. 1, 2019 -25 2.0% to 2.25%
Sep. 19, 2019 -25 1.75% to 2.0%
Oct. 31, 2019 -25 1.50% to 1.75%
Mar. 3, 2020 -50 1.0% to 1.25%
Mar. 16, 2020 -100 0% to 0.25%

Amazing how that happened, isnt it?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/10/24 at 6:35 pm to
quote:

The Federal Reserve is a smooth operator that picks and chooses who has a nice economy
quote:

Bunch of political morons who just can not help themselves now.
So a group of people you call "morons" are able to "pick and choose" which countries of the world have a "nice economy"?

And I bet you don't even comprehend the contradiction in your comments...
Posted by Cdonaldson27
New Orleans
Member since Oct 2015
1055 posts
Posted on 4/10/24 at 6:44 pm to
quote:

LSURussian


What a child you are. Laughing emoji and all. How pathetic.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/10/24 at 6:51 pm to
quote:

What a child you are.
Oh, wow, that really, really hurts my feelings.



Okay, I'm over it...
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73496 posts
Posted on 4/10/24 at 6:54 pm to
quote:

So a group of people you call "morons


Well they kinda are when it comes to economics since the majority are lawyers
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