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Started By
Message
Talking heads: “Waiting on Fed to cut interest rates.” WTF!?
Posted on 8/5/24 at 12:22 pm
Posted on 8/5/24 at 12:22 pm
I feel like I’m taking crazy pills.
Every single person on CNBC, CNN, FOXBusiness have all stated that the Fed waited too long to lower interest rate
WTF!?!?
The interest rates are fine. If anything, they need to be raised, not lowered.
Lowering interest rates, artificially inflated the stock market and also enables cheap borrowing for the American public so that they can engage in further destruction of their personal finances.
Lower interest rate is not a fiscal policy when you have $35 trillion of debt
The US does not have an interest rate problem. It has a spending problem!!!
This is absolute insanity to listen to these people, saying that lowering interest rate is our way out of this
Anyone that’s buying into this is a moron
For once I would like to see someone go on one of the shows and say we don’t have an interest rate problem we have a spending problem. From the US government all the way down to mom and dad.
Every single person on CNBC, CNN, FOXBusiness have all stated that the Fed waited too long to lower interest rate
WTF!?!?
The interest rates are fine. If anything, they need to be raised, not lowered.
Lowering interest rates, artificially inflated the stock market and also enables cheap borrowing for the American public so that they can engage in further destruction of their personal finances.
Lower interest rate is not a fiscal policy when you have $35 trillion of debt
The US does not have an interest rate problem. It has a spending problem!!!
This is absolute insanity to listen to these people, saying that lowering interest rate is our way out of this
Anyone that’s buying into this is a moron
For once I would like to see someone go on one of the shows and say we don’t have an interest rate problem we have a spending problem. From the US government all the way down to mom and dad.
17
Posted on 8/5/24 at 12:23 pm to Covingtontiger77
How about we get away from the made up, fake, unbacked Fiat Currency?
Its dumb as rocks
Its dumb as rocks
Posted on 8/5/24 at 12:25 pm to Covingtontiger77
They are just being fed talking points from their handlers. They're so stupid they don't know anything different.
Posted on 8/5/24 at 12:25 pm to Covingtontiger77
It's almost like the US economy is too large to be controlled by a small group of elites that think they know better than everyone else.
Posted on 8/5/24 at 12:26 pm to Covingtontiger77
quote:Higher rates provides even more consumer dollars to spend.
The US does not have an interest rate problem. It has a spending problem!!!
Posted on 8/5/24 at 12:26 pm to Covingtontiger77
The only things I've seen on this have been people trying to wishcast such an emergency meeting/cut into existence.
Posted on 8/5/24 at 12:27 pm to Covingtontiger77
It’s because no one wants to fix the problem. Rates should have gone to 10% 3 years ago.
Posted on 8/5/24 at 12:28 pm to Covingtontiger77
"rescue us Fed! I know we put you in an impossible position with the illegals and vote buying on top of decades of poor economic policies but you have to rescue us because Trump is Hitler"
Posted on 8/5/24 at 12:28 pm to Covingtontiger77
quote:
I feel like I’m taking crazy pills.
Raising the rate isn't for you or I. They don't care if we feel more inflation pain. It's for those in the ivory towers.
This post was edited on 8/5/24 at 12:30 pm
Posted on 8/5/24 at 12:31 pm to Covingtontiger77
let me know when you and millions of American homeowners are ready to take a 30-40% cut in the values of their homes,. That is what happens if they raise rates higher than they are currently.
Posted on 8/5/24 at 12:34 pm to hawkeye007
quote:
let me know when you and millions of American homeowners are ready to take a 30-40% cut in the values of their homes,. That is what happens if they raise rates higher than they are currently
Nonsense.
Home value have increased with the rate increases.
It’s supply and demand.
Raise the rates.
Raise them.
Cut spending
Cut spending by Fed govt
Cut spending by Americans
Learn to live within your means.
This post was edited on 8/5/24 at 12:36 pm
Posted on 8/5/24 at 12:35 pm to Covingtontiger77
they stopped making sense
Posted on 8/5/24 at 12:37 pm to Covingtontiger77
quote:
saying that lowering interest rate is our way out of this
There's no way out of this.
Too much debt from too many programs supporting too many gimmedats.
Start preparing for a rocky future. Getting out of the big cities and suburbs should be priority #1.
Posted on 8/5/24 at 12:39 pm to Covingtontiger77
quote:
Home value have increased with the rate increases.
Excuse me, what?
Posted on 8/5/24 at 12:44 pm to hawkeye007
quote:
let me know when you and millions of American homeowners are ready to take a 30-40% cut in the values of their homes,. That is what happens if they raise rates higher than they are currently.
It's gotta happen anyway. People dealt with that for decades. If you're going to buy a house nowadays, you have to understand it will lose value and gain value over time. The housing market is in a big bubble right now due to big investment firms keeping the market alive and needs to correct.
Posted on 8/5/24 at 12:46 pm to Covingtontiger77
quote:
Home value have increased with the rate increases.
( X ) Doubt.
quote:
Cut spending by Americans
Didn't you just say home values increased with interest rate hikes?
So you want to increase rates, which your saying will raise home values, but you also expect Americans to spend less?
How do they spend less when what you're suggesting, according to your own logic, increases the most expensive item on any American household budget?
You should go work for the Feds.
Posted on 8/5/24 at 12:47 pm to SlowFlowPro
It’s kind of a half truth.
Some markets they have some they haven’t.
Some markets they have some they haven’t.
Posted on 8/5/24 at 12:52 pm to Veritas
quote:
It’s because no one wants to fix the problem. Rates should have gone to 10% 3 years ago.
Need to get spending under control. Raising rates without curbing spending won’t address the root causes of inflation, and is a massive benefit to the wealthy. Unfortunately both political parties exist to serve the top .1 percent, so I don’t expect a real solution. Whatever happens, I expect the middle class to get screwed.
Posted on 8/5/24 at 12:55 pm to Covingtontiger77
Posted on 8/5/24 at 12:57 pm to Covingtontiger77
quote:
Lower interest rate is not a fiscal policy when you have $35 trillion of debt
You think the government should aspire to pay higher interest rates on its enormous debt?
quote:
The US does not have an interest rate problem. It has a spending problem!!!
Well, we certainly have a spending problem, but we also have an interest rate problem.
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