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re: Can someone make a case for 0% interest rate?
Posted on 9/12/19 at 3:34 pm to OleWarSkuleAlum
Posted on 9/12/19 at 3:34 pm to OleWarSkuleAlum
What you're advocating for is default.
From the Federal Reserve website:
So you're telling us a real estate businessman with a history of not paying contractors, a failed university, a failed steak business, who can't stay off of Twitter at 5:00am ranting about this and that, who fires everyone who doesn't agree with him, is the genius who understands everything about economic theory that he never studied and the "over 400 Ph.D. economists" are just to dim-witted to comprehend his genius???
You sir are one of a kind.
quote:
The Fed obviously doesn’t understand the high level economic theory Trump’s admin is supporting.
From the Federal Reserve website:
quote:
The Federal Reserve Board employs just over 400 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board economists conduct cutting edge research, produce numerous working papers, and are among the leading contributors at professional meetings and in major journals. Our economists also produce a wide variety of economic analyses and forecasts for the Board of Governors and the Federal Open Market Committee.
So you're telling us a real estate businessman with a history of not paying contractors, a failed university, a failed steak business, who can't stay off of Twitter at 5:00am ranting about this and that, who fires everyone who doesn't agree with him, is the genius who understands everything about economic theory that he never studied and the "over 400 Ph.D. economists" are just to dim-witted to comprehend his genius???
You sir are one of a kind.
Posted on 9/12/19 at 5:27 pm to UpstairsComputer
quote:
What you're advocating for is default.
Not default but rather restructuring to a 100 year maturity.
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