Fed raise the interest rate

4,682 Views | 48 Replies | Last: 2 days ago by Funky Winkerbean
AggieVictor10
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AG
Waffledynamics said:

Will The Donald just stick to what he's good at and shut the heck up about things he's not good at?


Some would say he's good at everything.
“…What?”

- Joe Biden
Rossticus
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AggieVictor10 said:

Waffledynamics said:

Will The Donald just stick to what he's good at and shut the heck up about things he's not good at?


Some would say he's good at everything.


Some would say "THE BEST".
Funky Winkerbean
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AG
HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.

Yes. Sitting on one's ass and doing nothing has worked wonders.

latest estimates are $20T in investment, you consider that a failure?
2040huck
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Funky Winkerbean said:

HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.

Yes. Sitting on one's ass and doing nothing has worked wonders.

latest estimates are $20T in investment, you consider that a failure?

latest estimates by who?
ts5641
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That ain't gonna help in the midterms.
BusterAg
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AG
Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

You are worse at economics than even Trump.
BusterAg
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AG
ts5641 said:

That ain't gonna help in the midterms.

Too late to really hurt them.
Dallas82
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MemphisAg1 said:

Quote:

President Donald Trump on Wednesday demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.

The dude's got the biggest tin foil hat in history. He's apparently incapable of recognizing this his tariffs and war are driving inflation, while his out-of-control spending results in a 6% annual deficit ballooning our debt and reducing our credit-worthiness, both of which lead to higher interest rates.

Never did like his obsession with tariffs and neither did the courts. I understand why he's confronting Iran's ability to harm us and allies, even if he's been embarrassingly incompetent in how he's managed and communicated it.

But to do all those things and then point the blame at others is the height of hypocrisy.


Trump has never taken responsibility for anything. If he pissed his pants live on TV he would blame Biden and a lot of his followers would believe him.
YouBet
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AG
Funky Winkerbean said:

HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.

Yes. Sitting on one's ass and doing nothing has worked wonders.

latest estimates are $20T in investment, you consider that a failure?

I doubt anyone can reconcile that number, but even if it's a real number I think we all know that a large portion of that, if not most, were just verbal commitments to get Trump off someone's ass.

As soon as he's gone, those investments dissipate like the vapor they always were. I liken these investment claims to companies that toot their horn about their revenue growth while their profitability is in the red. At least in that example there are some real numbers.

Many of these investment claims are just verbal IOUs.
Helicopter Ben
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Quote:

President Donald Trump on Wednesday demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.

Why stop at 1% when we could have NIRP? At this point I say do it. Let's get it over with. Both political parties and the vast majority of the public are worse than economically illiterate. What they believe crosses the boundary of ignorance to downright wrong and incredibly destructive.

There's no way any of this gets fixed. As infinity ag said in the Jamie Dimon thread, the system needs a reset. Set interest rates to zero or even negative. Fire up the money printer and kick it into overdrive. Pass a quadrillion dollar budget or hell, while we're at it, why not just make it a quintillion and let big daddy government make it rain. Never mind that it will cost a wheelbarrow full of cash to buy a loaf of bread…everyone gets to be a billionaire!
Funky Winkerbean
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AG
YouBet said:

Funky Winkerbean said:

HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.

Yes. Sitting on one's ass and doing nothing has worked wonders.

latest estimates are $20T in investment, you consider that a failure?

I doubt anyone can reconcile that number, but even if it's a real number I think we all know that a large portion of that, if not most, were just verbal commitments to get Trump off someone's ass.

As soon as he's gone, those investments dissipate like the vapor they always were. I liken these investment claims to companies that toot their horn about their revenue growth while their profitability is in the red. At least in that example there are some real numbers.

Many of these investment claims are just verbal IOUs.


You may very well be correct, but he's doing what he can with his powers. The balancing of our budget is a congressional responsibility and his hands are tied as blocking him is their Only goal.
YouBet
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AG
Funky Winkerbean said:

YouBet said:

Funky Winkerbean said:

HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.

Yes. Sitting on one's ass and doing nothing has worked wonders.

latest estimates are $20T in investment, you consider that a failure?

I doubt anyone can reconcile that number, but even if it's a real number I think we all know that a large portion of that, if not most, were just verbal commitments to get Trump off someone's ass.

As soon as he's gone, those investments dissipate like the vapor they always were. I liken these investment claims to companies that toot their horn about their revenue growth while their profitability is in the red. At least in that example there are some real numbers.

Many of these investment claims are just verbal IOUs.


You may very well be correct, but he's doing what he can with his powers. The balancing of our budget is a congressional responsibility and his hands are tied as blocking him is their Only goal.

Agreed.
Silent For Too Long
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HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.


Anyone who thinks that there is any poltically feasible solution to this issue is living in a fantasy world.
Funky Winkerbean
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AG
Silent For Too Long said:

HTownAg98 said:

Funky Winkerbean said:

Queso1 said:

For any semblance of reality they need to raise it another 25%…not .25%

This. Trump is trying to grow us out of our unbalanced budget, but a helpful Congress would be more effective.


Anyone that thinks we can grow ourself out of the deficit (nevermind the debt) should be committed to a mental institution. That's weapons-grade stupid.


Anyone who thinks that there is any poltically feasible solution to this issue is living in a fantasy world.

Anyone that thinks it should be ignored is living in the land of defeatists. I'm not naive enough to believe it can be solved (no debt), but I do know it can be improved. To what degree? Who knows? The administrations in the future will determine that.
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