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Our President is tweeting about The Fed again!

Posted on 4/30/19 at 2:54 pm
Posted by Seldom Seen
Member since Feb 2016
39990 posts
Posted on 4/30/19 at 2:54 pm
quote:


Donald J. Trump
Verified account @realDonaldTrump
2h2 hours ago

China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening. We have the potential to go...





quote:

Donald J. Trump
Verified account @realDonaldTrump
2h2 hours ago

....up like a rocket if we did some lowering of rates, like one point, and some quantitative easing. Yes, we are doing very well at 3.2% GDP, but with our wonderfully low inflation, we could be setting major records &, at the same time, make our National Debt start to look small!


This post was edited on 4/30/19 at 2:55 pm
Posted by BurlesonCountyAg
Member since Jan 2014
2978 posts
Posted on 4/30/19 at 2:55 pm to
He can't keep getting away with this!
Posted by BugAC
St. George
Member since Oct 2007
52763 posts
Posted on 4/30/19 at 2:55 pm to
It really does seem like the fed exists only to punish individual prosperity.
Posted by MoLiberty
Member since Aug 2018
780 posts
Posted on 4/30/19 at 2:58 pm to
CNN: Trump obstructing increased national debt. Millions will die.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25929 posts
Posted on 4/30/19 at 3:01 pm to
The Federal Reserve Board needs to shite or get off the pot. It is as if we are allowing European interests to dictate our growth with the way these idiots keep raising the interest rates.
Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 4/30/19 at 3:03 pm to
quote:

It really does seem like the fed exists only to punish individual prosperity.


The fed exists to protect the banking industry at all costs and serves those that run it.
Posted by CAD703X
Liberty Island
Member since Jul 2008
77946 posts
Posted on 4/30/19 at 3:05 pm to
quote:

eally does seem like the fed exists only to punish individual prosperity.

You misspelled government
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11075 posts
Posted on 4/30/19 at 3:05 pm to
Wow, what an absolutely idiotic thing to say. Let's play MMT with China and see who can win The leverage race, Jesus Christ.
Posted by HottyToddy7
Member since Sep 2010
13973 posts
Posted on 4/30/19 at 3:09 pm to
quote:

wutangfinancial


Name fits
Posted by Lou Pai
Member since Dec 2014
28092 posts
Posted on 4/30/19 at 3:12 pm to
Vote for Ron Paul! End the Fed! Obama is a Keynesian!

[Trump elected]


Pls print more money!!
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11075 posts
Posted on 4/30/19 at 3:21 pm to
I think most die hards will avoid this thread lol he's completely contradicting the meme that we have the greatest economy ever by saying stuff like this.
Posted by LSURussian
Member since Feb 2005
126960 posts
Posted on 4/30/19 at 3:54 pm to
quote:

with the way these idiots keep raising the interest rates.
"keep raising the interest rates"?!?

Did you miss the news that the Fed hasn't raised rates since last year and has predicted it won't raise rates this year?
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29177 posts
Posted on 4/30/19 at 7:00 pm to
We do not need more QE. Lowering rates is a different story, but I'm disappointed to see this QE shite from him.
Posted by Lou Pai
Member since Dec 2014
28092 posts
Posted on 4/30/19 at 7:06 pm to
This board tried to tell me that Trump never advocated for more QE until they were proven wrong and subsequently scurried away like a bunch of rats.
Posted by PsychTiger
Member since Jul 2004
98739 posts
Posted on 4/30/19 at 7:10 pm to
quote:

Wow, what an absolutely idiotic thing to say. Let's play MMT with China and see who can win The leverage race, Jesus Christ.


Everything should be fine as long as you diversify your bonds.
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29177 posts
Posted on 4/30/19 at 7:14 pm to
quote:

This board tried to tell me that Trump never advocated for more QE until they were proven wrong and subsequently scurried away like a bunch of rats.


Well there is a difference between arguing to an end of QT, by maintaining the balance sheet are rolling over, which is adding more QE, but effectively maintaining current levels. I'm still unclear which he's advocating for.

Either way, we need to escape this bullshite.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11804 posts
Posted on 4/30/19 at 7:17 pm to
Every time Trump opens his mouth about the Fed he embarrasses himself further.
Posted by Lou Pai
Member since Dec 2014
28092 posts
Posted on 4/30/19 at 7:20 pm to
He used the term Quantitative Easing like a month ago
Posted by funnystuff
Member since Nov 2012
8322 posts
Posted on 4/30/19 at 8:24 pm to
Only if you don’t know the first thing about monetary policy
Posted by NIH
Member since Aug 2008
112553 posts
Posted on 4/30/19 at 8:26 pm to
If Trump came out for Medicare for all, a sizable contingent here would be behind him
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