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Posted on 1/23/25 at 4:57 pm to whatiknowsofar
quote:
You tell me with every post
You are the one who thinks lowering the rates will cause inflation
You dont know how to read the inflation reports cause you are a leftard listening to CNN
Posted on 1/23/25 at 4:58 pm to FizzyPop
Trump's stance is wrong on this, but then he wanted rates lower when the economy was roaring pre-COVID.
Rates are for handling inflation and unemployment. When the economy is strong, you raise rates to keep it from overheating. When the economy is going in the shitter, you lower rates to spur growth.
The problem we have right now is a bit of stagflation, with Unemployment holding around 4.1%-4.2% while inflation has been rising since September (the .5 cut). Cutting rates again would help Unemployment, but would fuel inflation again (as it has since September).
Rates need to be left alone for the next 6 months. Follow through with making the Trump tax cuts permanent, cut the corporate tax rate to 15%, remove red tape slowing manufacturing building/growth and cut the fricking size (and spending) of the federal government. Hold Congress to a balanced budget (0 deficit) and the USD will strengthen.
That push down on inflation will be a stronger and more lasting impact than just raising/lowering rates.
Rates are for handling inflation and unemployment. When the economy is strong, you raise rates to keep it from overheating. When the economy is going in the shitter, you lower rates to spur growth.
The problem we have right now is a bit of stagflation, with Unemployment holding around 4.1%-4.2% while inflation has been rising since September (the .5 cut). Cutting rates again would help Unemployment, but would fuel inflation again (as it has since September).
Rates need to be left alone for the next 6 months. Follow through with making the Trump tax cuts permanent, cut the corporate tax rate to 15%, remove red tape slowing manufacturing building/growth and cut the fricking size (and spending) of the federal government. Hold Congress to a balanced budget (0 deficit) and the USD will strengthen.
That push down on inflation will be a stronger and more lasting impact than just raising/lowering rates.
Posted on 1/23/25 at 5:06 pm to SDVTiger
quote:
You are the one who thinks lowering the rates will cause inflation
You dont know how to read the inflation reports cause you are a leftard listening to CNN
You don't understand how inflation works, you are a blind shill trumpet.
Posted on 1/23/25 at 5:10 pm to whatiknowsofar
quote:
You don't understand how inflation works
Makes sense as usual with you
Do you know how to read the CPI report. If so break it down to show us how inflation hasnt come down
Posted on 1/23/25 at 5:12 pm to SDVTiger
quote:
Do you know how to read the CPI report. If so break it down to show us how inflation hasnt come down
That's what you think makes trump right in wanting to lower the rates artificially? Jesus fricking Christ you're dumber than I thought.
Posted on 1/23/25 at 5:13 pm to whatiknowsofar
So you cant explain it to us?
You are just crying about Trump?
The Fed was cutting rates at least 1% this year Trump or not
Its fine to admit you are dumb
You are just crying about Trump?
The Fed was cutting rates at least 1% this year Trump or not
Its fine to admit you are dumb
Posted on 1/23/25 at 5:16 pm to SDVTiger
quote:
The Fed was cutting rates at least 1% this year Trump or not
And why were they doing that?
Is trump just going to take credit for what they were already doing?
How dumb are you to not see how this is playing out?
Posted on 1/23/25 at 5:19 pm to NC_Tigah
quote:
E.g., Trump also said inflation was the worst ever during the Biden years (probably referencing rate of escalation rather than peak %). He scolded Moynihan for refusing conservative customers (referencing asymmetric debanking). He's bragged the pre-Covid economy of his first term was the best ever, "like nothing anybody's ever seen." He says we're going to tariff China 60%. Then he says we're going to tariff China 10%. Etc. Etc.
Hyperbole.
I can't wait to use this TDS leftist gibberish against you when you try to fool other posters in other threads that you are conservative.
Posted on 1/23/25 at 5:26 pm to Tomatocantender
quote:
I can't wait to use this TDS leftist gibberish against you when you try to fool other posters in other threads that you are conservative.
Spidy, I was ready to tear you up in the other thread. You have to drop this alias BS. I'd have felt horrible. Seriously.
Posted on 1/23/25 at 5:28 pm to whatiknowsofar
quote:
And why were they doing that?
I thought you knew what you were talking about
Its Because inflation has dropped to the levels they want and the jobs reports is BS and they have said so
quote:
Is trump just going to take credit for what they were already doing?
Most likely
quote:
How dumb are you to not see how this is playing out?
I knew how it was playing out Trump or not. I mean you just proved you are the dumbarse melting cause of TDS
Posted on 1/23/25 at 5:29 pm to FizzyPop
I’m sure y’all will lose your minds at this but…
Pro-Trump or not, the last thing we need are rates cuts right now.
Pro-Trump or not, the last thing we need are rates cuts right now.
Posted on 1/23/25 at 6:56 pm to Longhorn Actual
quote:rates cuts being FFR cuts? ...... Indeed!
Pro-Trump or not, the last thing we need are rates cuts right now.
Posted on 1/23/25 at 6:58 pm to FizzyPop
He’s going to refi the national debt.
Posted on 1/23/25 at 7:03 pm to FizzyPop
quote:
Trump Demanding that Interest Rates Drop
While I agree, Trump has no authority here. Fed is so dependent from the Govt as far as who calls the shots
Posted on 1/23/25 at 7:11 pm to Bard
quote:
Trump's stance is wrong on this, but then he wanted rates lower when the economy was roaring pre-COVID.
What if the economy takes back off and we grow our way out of debt. It could happen.
This post was edited on 1/23/25 at 7:15 pm
Posted on 1/23/25 at 7:13 pm to FizzyPop
I hate the fed, but dropping rates would be a horrible idea.
Posted on 1/23/25 at 7:30 pm to FizzyPop
Under a useless administration such a request would lead to increased inflation. However, under an American First administration it will work
Posted on 1/23/25 at 7:44 pm to Jack Carter
quote:
Under a useless administration such a request would lead to increased inflation. However, under an American First administration it will work
Well said. With lower interest rates Trump can finally concentrate on real infrastructure financing and buildout, not the bullshite green projects that Biden got pushed through that had little to no actual infrastructure in the bill and was more concerned with a company's ESG and DEI scoring than actual projects and operations.
Posted on 1/23/25 at 8:26 pm to loogaroo
quote:
What if the economy takes back off and we grow our way out of debt. It could happen.
We can't grow our way out of debt as long as we keep outspending our growth.
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