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Started By
Message
Our President tweets that we don't have a Tariff problem we have a Fed problem!
Posted on 8/30/19 at 9:39 am
Posted on 8/30/19 at 9:39 am
quote:
Donald J. Trump
Verified account @realDonaldTrump
43m43 minutes ago
The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.
quote:
Donald J. Trump
Verified account @realDonaldTrump
43m43 minutes ago
....We don’t have a Tariff problem (we are reigning in bad and/or unfair players), we have a Fed problem. They don’t have a clue!
quote:
Donald J. Trump
Verified account @realDonaldTrump
29m29 minutes ago
If the Fed would cut, we would have one of the biggest Stock Market increases in a long time. Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...and who can really blame them for doing that? Excuses!
This post was edited on 8/30/19 at 9:39 am
8
Posted on 8/30/19 at 9:40 am to Seldom Seen
quote:
Our Dollar is now the strongest in history.
LJL
Posted on 8/30/19 at 9:48 am to Seldom Seen
quote:
we have a Fed problem
There isn't anyone who can argue with that statement, but you know they will
Posted on 8/30/19 at 9:53 am to Seldom Seen
He seems really insecure about the tariff thing
Posted on 8/30/19 at 10:15 am to kmdawg17
quote:There isn’t anyone understanding the first thing about monetary policy that would make this statement, but those who don’t know shite will blindly repeat it ad nauseam
There isn't anyone who can argue with that statement, but you know they will
Posted on 8/30/19 at 10:18 am to Seldom Seen
There's a reason the euro is dropping and trump doesn't seem to understand this.
The man only thinks in terms of unilateral deals and it's sad that he does.
The man only thinks in terms of unilateral deals and it's sad that he does.
Posted on 8/30/19 at 10:22 am to mahdragonz
quote:everyone look! Keyboard jockey in his mother’s basement knows more than our billionaire POTUS! Perhaps you should be the 2020 Dem nominee since you’re so smart and accomplished
There's a reason the euro is dropping and trump doesn't seem to understand this.
Posted on 8/30/19 at 10:23 am to bmy
quote:
He seems really insecure about the tariff thing
Makes sense, since men who are insecure around women constantly press for dates and try to seal the deals. Oh wait, that's confidence, the exact opposite.
You almost confused us with your gas lighting. Keep up the good work!
Posted on 8/30/19 at 10:41 am to Kickadawgitfeelsgood
It's never yours either. Did you enjoy that retraction the other day after you had piled on?
Posted on 8/30/19 at 10:51 am to funnystuff
quote:
There isn’t anyone understanding the first thing about monetary policy that would make this statement, but those who don’t know shite will blindly repeat it ad nauseam
i wonder how many of these "weak and badly run companies" have been complaining about these cripplingly-high interest rates
Posted on 8/30/19 at 11:07 am to Seldom Seen
quote:
Our President
That's yOur president, hombre.
Posted on 8/30/19 at 11:16 am to 90proofprofessional
Exactly. The Fed Funds rate has been this low only twice in the last half century. Once was the prolonged low rates that we are still experiencing since the Great Recession and the other was in the immediate aftermath of the dot com boom. Aside from those two major financial market shocks, the effective federal funds rate has been above 2.5% since 1962. Yes firms would always prefer lower rates, but no, 2.5% will not prevent healthy firms from remaining competitive. That’s asinine.
Trump (along with everyone disagreeing with him on this) fully understands that the stock market would receive a bump if we lowered rates. But he doesn’t care that this would significantly lower our ability to combat the next recession when it inevitably hits. And it will eventually hit. It’s the definition of short sighted, irresponsible monetary policy.
Trump (along with everyone disagreeing with him on this) fully understands that the stock market would receive a bump if we lowered rates. But he doesn’t care that this would significantly lower our ability to combat the next recession when it inevitably hits. And it will eventually hit. It’s the definition of short sighted, irresponsible monetary policy.
Posted on 8/30/19 at 11:19 am to Seldom Seen
quote:
If the Fed would cut, we would have one of the biggest Stock Market increases in a long time
hes getting ahead of the stock market pop that will occur sept 17th. Its always funny how the pundits like to bash him for "starting a conversation" when he drills straight into the heart of the matter. Its almost as if folks are afraid of A TRUTHFUL CONVERSATION
This post was edited on 8/30/19 at 11:25 am
Posted on 8/30/19 at 11:21 am to funnystuff
quote:
But he doesn’t care that this would significantly lower our ability to combat the next recession when it inevitably hits.
so create a recession so that the fed can show it has the ability to help resolve the recession
sorry, I just cant agree with this type of logic
Posted on 8/30/19 at 11:27 am to Seldom Seen
quote:
Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.
Do you think someone pointed out to him how foolish he looked whining about currency manipulation while trying to do the same thing??????
Posted on 8/30/19 at 11:30 am to I B Freeman
aligning rates at a closer interval as the world-wide trading partners, while maintaining a premium as to help american exporters, is now currency manipulation? wrong as usual
Posted on 8/30/19 at 11:32 am to bmy
quote:yep, I thought our economy was GOAT
He seems really insecure about the tariff thing
Posted on 8/30/19 at 11:32 am to KeyserSoze999
We aren’t on the edge of a recession. That’s the whole point; we don’t need to lower rates while the economy is still strong.
Posted on 8/30/19 at 11:35 am to funnystuff
If our exports become too expensive due to exchange rates that can help induce a recession.
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