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Trump Demanding that Interest Rates Drop

Posted on 1/23/25 at 2:06 pm
Posted by FizzyPop
350 posts
Member since Jun 2024
631 posts
Posted on 1/23/25 at 2:06 pm
Trump and Powell on a Collision Course

I've been saying since the November win that Trump's biggest adversary will be Jay Powell. Looks like these 2 are on a collision course in 2025. I'm afraid Powell is absolutely Left leaning and will dig his heels against Trump just to spite him. Making matters worse, Powell has job security till May of 2026 which could be a problem for the R's at midterm elections with the power Powell has.
Posted by Saint Alfonzo
Member since Jan 2019
25858 posts
Posted on 1/23/25 at 2:08 pm to
End the Fed!
Posted by FireawayLSU
Baton Rouge
Member since Nov 2023
1133 posts
Posted on 1/23/25 at 2:10 pm to
You think he leans left??? Yeh I think the sun is hot too. Hell yes he leans left but Trump and the republicans will bury him. Popular vote win has power.
Posted by ronricks
Member since Mar 2021
9847 posts
Posted on 1/23/25 at 2:11 pm to
Ummm Didn't Trump appoint Powell?

Make this make sense.
Posted by Gifman
Member since Jan 2021
14893 posts
Posted on 1/23/25 at 2:13 pm to
quote:

Ummm Didn't Trump appoint Powell


Powell turned into a monster under Biden.

Oh, and sorry about the Ukraine war. It’s ending very soon to your dismay.
Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
49614 posts
Posted on 1/23/25 at 2:14 pm to
Posted by FizzyPop
350 posts
Member since Jun 2024
631 posts
Posted on 1/23/25 at 2:14 pm to
quote:

ou think he leans left??? Yeh I think the sun is hot too.


I was trying to tiptoe around that so the lefties on this board don't trap me by saying muh Trump nominated him in 2017. You're absolutely right though. Powell absolutely became a globalist elite after that and will be a thorn in Trump's side. This is far from a Reagan/Volcker team to say the least.

ETA: LOL called it, RonRicks already went there. Like fishing with dynamite
This post was edited on 1/23/25 at 2:15 pm
Posted by HottyToddy7
Member since Sep 2010
15247 posts
Posted on 1/23/25 at 2:15 pm to
The Fed only cares about protecting banks. They give 0 fs about the average person. And they aren’t part of the government. Idk what really Trump can do.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
70433 posts
Posted on 1/23/25 at 2:16 pm to
quote:

Trump and Powell on a Collision Course


That battle has been over for years.

The private western central banks are in a straight up PANIC right now over Trump's return.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282003 posts
Posted on 1/23/25 at 2:17 pm to
quote:

Trump Demanding that Interest Rates Drop
Interest rates are already low




Unemployment rate 4.2%

Trump wants inflation.
This post was edited on 1/23/25 at 2:18 pm
Posted by Timeoday
Easter Island
Member since Aug 2020
14547 posts
Posted on 1/23/25 at 2:19 pm to
quote:

could be a problem for elections with the power Powell has.


Which is why the FED must be ended. This entity is using money policy to manipulate societal direction.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
144688 posts
Posted on 1/23/25 at 2:19 pm to
Low interest rates and quantitative easing got the country into the troubles we've been in. Trump is looking at it as he has 4 years to make a mark but slashing the rates to the bone will not be helpful long term
Posted by Diseasefreeforall
Member since Oct 2012
6726 posts
Posted on 1/23/25 at 2:21 pm to
The Fed should be driven by one thing: data. They got a late start increasing rates but since then have done a good job keeping inflation under control.

The last thing we now is to cut rates arbitrarily just to see inflation go back up.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
131202 posts
Posted on 1/23/25 at 2:21 pm to
quote:

Trump Demanding that Interest Rates Drop
Hyperbole.

You really want Powell raising rates to lower GDP, increase unemployment, and drop inflation?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
92564 posts
Posted on 1/23/25 at 2:22 pm to
Fire everybody on the Federal Reserve and appoint folks he wants. Let the Supreme Court decide how much say a almost (but not quite) unelected, unaccountable body can influence the global economy.

#EndtheFed
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282003 posts
Posted on 1/23/25 at 2:23 pm to
quote:



The last thing we now is to cut rates arbitrarily just to see inflation go back up.



Yep. Unemployment and interest rates are low and we dont need a stimulus.

Trump is hellbent to overheat the economy and cause massive inflation. It will happen. He's going to push the economic indicators as hard as he can, which will not help the little guy at all.
Posted by FizzyPop
350 posts
Member since Jun 2024
631 posts
Posted on 1/23/25 at 2:24 pm to
quote:

They got a late start increasing rates


Yes because Powell was playing politics in lockstep with Biden to keep up that farce in Biden's first 18 months of "everything is just transitory." You made my point precisely of just how left, globalist and dangerous that Powell is to Trump going forward.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282003 posts
Posted on 1/23/25 at 2:25 pm to
quote:


Low interest rates and quantitative easing got the country into the troubles we've been in


For once, you are correct.

Trump pushed for these things in 2019 when the economy was solid. Its what he does, regardless of economy.

Posted by ronricks
Member since Mar 2021
9847 posts
Posted on 1/23/25 at 2:25 pm to
Why does Trump make such bad appointments? Milley. Wray. Now Powell. When will this ever end? Do you ever get tired of the mental gymnastics one has to do to try and place the blame for these horrible appointments on anyone besides Trump?
Posted by FizzyPop
350 posts
Member since Jun 2024
631 posts
Posted on 1/23/25 at 2:27 pm to
quote:

Hyperbole.


How is it hyperbolic when it was a direct quote from Trump? Either you don't know the definition of hyperbole or you didn't read the article in OP. Come on man.
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