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LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!

 
Anonymous Coward
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09/11/2019 01:30 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Negative interest rates are bad enough BUT the problem comes when you think to the future where they want to get rid of physical currency, then you will be FORCED to give the banks your savings and the government will likely eventually reinact the likes of Executive Order 6102 to ban the average person keeping their wealth in commodities like gold.
Anonymous Coward
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09/11/2019 01:30 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
WOW!!!

Conversation
Donald J. Trump
@realDonaldTrump
The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet.....
5:42 AM · Sep 11, 2019·Twitter for iPhone
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 Quoting: Anonymous Coward 75461795


Idiot. If banks have negative interest rates they charge YOU for holding your money. YOU will pay to have a bank account.

Are you still LMFAO?
Anonymous Coward
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09/11/2019 01:33 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity


Trump went bankrupt 6 times. Brilliant businessmen don't go bankrupt 6 times.
Anonymous Coward
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09/11/2019 01:34 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Nobody fucking listens to me...

-sigh-
 Quoting: ^TrInItY^


the cultist are coming

the cultist are coming!
 Quoting: WhoPooted


The trinity cultists?
 Quoting: Anonymous Coward 77980993


No the Trump cultist. But you already knew he meant that.
Anonymous Coward
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09/11/2019 01:35 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


The bank charges you to keep you money in an account.
The thought is that if you have to pay to keep the money at a bank you will then just spend it.
Anonymous Coward
User ID: 76954307
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09/11/2019 01:37 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


well for one if you have a variable rate mortgage your monthly repayments will be lower.
Anonymous Coward
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09/11/2019 01:38 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
The feds done. Another notch in the trump bed post.

IRS is done.

Has nuthn to do with being a trumptard cultist.

Pay attention.

Pay attention to whats going on.

GS coming back.
 Quoting: Phennommennonn


Lol feds done lol

Lol IRS done lol.

bsflag
Boaty

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09/11/2019 01:39 PM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


Major banks will get loans from the fed for nothing, or will get paid by the fed to take the loans. But your credit card will still have a 29% interest rate.
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Thoughts do not come from you nor God; you do not create thoughts; you are not your thoughts; every thought is a lie.
- 2 Corinthians 10:5 - [link to www.biblegateway.com (secure)]
Anonymous Coward
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09/11/2019 01:39 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


The bank charges you to keep you money in an account.
The thought is that if you have to pay to keep the money at a bank you will then just spend it.
 Quoting: Anonymous Coward 76805090


most 9-5 basic wage working people don't have savings in banks so no worries.. only the fat cats get hurt
Anonymous Coward
User ID: 77915066
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09/11/2019 01:40 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Enjoy your hyper inflation.
 Quoting: ^TrInItY^


Are you some kind of stupid moron or with intellectual down syndrom?
The FED had the interest rate at 0% for the last 10 years you fucking douche. Not only that, they pumbed billions per month with QE in the System and guess what, NO hyperinflation.

Maybe you should try to understand how Federal financing functions before you come across as a stupid moron?
Anonymous Coward
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09/11/2019 01:42 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity



he’s not brilliant, that’s the thing

he bluffs, files bankruptcies, refuses to pay until they settle for less and screws people

if everyone did this “brilliant” strategy the system would collapse

now the stress of this job is bringing on senility

watch him go full retard more and more frequently, probably in time to lose in 2020
 Quoting: Catseye


^^^Mother fucking THIS^^^

The dude is a grifting con artist.

This is BS proposal antithetical to the foundations of western capitalism.

I swear to goodness - #25for45
 Quoting: Anonymous Coward 75862012


hesright
Anonymous Coward
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09/11/2019 01:42 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


Major banks will get loans from the fed for nothing, or will get paid by the fed to take the loans. But your credit card will still have a 29% interest rate.
 Quoting: Boaty


Punta Madre!! EIDOS MIHO!
BeenAround®

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09/11/2019 01:46 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Ya'll missing the big picture... Trump has the Fed and the Ivy League types outfoxed. Why? Trade policy uncertainty which Trump controls through tariffs. Notice how his tariffs almost always are either announced or take place right before a Fed meeting? The past plan for the Fed was to normalize interest rates when the economy normalized. It never did and can't normalize for most Americans because of the huge trade imbalances caused by countries like China or Mexico getting paid in US dollars but paying their expenses (COGS) in their own cheaper currency - hence the transfer of U.S. wealth. Once they see we're going tit for tat on interest rates and he gets fair trade agreements worked out our economy will normalize and so will interest rates.
Yeah, well, that's just, like, your opinion, man.
Festus Hoggbottom

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09/11/2019 01:49 PM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity


Trump went bankrupt 6 times. Brilliant businessmen don't go bankrupt 6 times.
 Quoting: Anonymous Coward 77996288


6 times out of how many businesses and business ventures? Why do you folks never include that number? Never mind. I know why you don't, but the fact that you don't gives you away.

700ish businesses started or acquired by the Trump Organization. So, out of that, 6 have gone bankrupt. That's .008% in case you were wondering.

Last Edited by Festus J. Hoggbottom, III on 09/11/2019 01:55 PM
I did it. I did it on purpose. And I'll do it again.
Shadow Dance

User ID: 59490123
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09/11/2019 01:52 PM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Trump is a businessman - he knows numbers -
Trump Loves America, he's not going to do anything that will wreck our economy - and his short history as POTUS proves that ... I trust that what he does is good - and getting better

Last Edited by Shadow Dance on 09/11/2019 01:52 PM
Anonymous Coward
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09/11/2019 01:55 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Enjoy your hyper inflation.
 Quoting: ^TrInItY^


Nope Trinity .. the hyperinflation results from fake money creation and a HUGE CAUSE AND I KNOW OF WHAT I SPEAK.. if the highly quality but counterfeit FRN's being printed in Thailand OFTEN in amounts of $1 Trillion at a time in $100 bills.
Anonymous Coward
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09/11/2019 01:56 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Think it’s a coincidence he tweeted this early today?

Control the narrative, can’t have people discussing 9/11

Trump is an actor who does not give a shit about you, think about it. Then need a polarized people so they are easier to control he’s a good business man alright, playing y’all like a fiddle and get paid by the deep state.
Anonymous Coward
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09/11/2019 01:56 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Enjoy your hyper inflation.
 Quoting: ^TrInItY^


yeah but Gold, so shut up
Anonymous Coward
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09/11/2019 01:56 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Falling is easy, getting back up is the hard part.

trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity


Trump went bankrupt 6 times. Brilliant businessmen don't go bankrupt 6 times.
 Quoting: Anonymous Coward 77996288
vEyeSea

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09/11/2019 01:56 PM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity


Trump went bankrupt 6 times. Brilliant businessmen don't go bankrupt 6 times.
 Quoting: Anonymous Coward 77996288


6 out of how many business deals, hundreds, maybe a thousand. And r/e is a tough business, especially with the business cycles in NYC. That's pretty damn good in one of the toughest r/e markets anywhere.
To learn who rules over you, find out who you are not allowed to criticize.

When the government is wrong, it's dangerous to be right.

The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant.
-Robspierre
Anonymous Coward
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09/11/2019 01:57 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Think it’s a coincidence he tweeted this early today?

Control the narrative, can’t have people discussing 9/11

Trump is an actor who does not give a shit about you, think about it. Then need a polarized people so they are easier to control he’s a good business man alright, playing y’all like a fiddle and get paid by the deep state.
 Quoting: Anonymous Coward 73368162


Polarization in 4d is essential.. THINK ABOUT THAT ONE.. you do not want matching people who are mind controlled and cannot Think. 4d is supposed to be confusing as hell....and its purpose is to develop Thinking.. rather than copy pasted bullshit
Whiskey Tango Foxtrot

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09/11/2019 02:00 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity



he’s not brilliant, that’s the thing

he bluffs, files bankruptcies, refuses to pay until they settle for less and screws people

if everyone did this “brilliant” strategy the system would collapse

now the stress of this job is bringing on senility

watch him go full retard more and more frequently, probably in time to lose in 2020
 Quoting: Catseye


Everyone DOES do that. Business moguls dont get charitable until they own the world and they usually do it in full view of the public. It is simply the cost of branding at a high level. Trump has lost money by becoming POTUS. I am not sure if he knew he would or if he banked on a higher earning rate after presidency. But either way he is losing money. And a zero interest rate should at least shut the people up who says he is bought by Banks. The only reason for this move is to pay down debt. This is a government move. Not a bank move.
Whiskey Tango Foxtrot

Certain things, they should stay the way they are. You ought to be able to stick them in one of those big glass cases and just leave them alone.
BeenAround®

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09/11/2019 02:05 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
WOW!!!

Conversation
Donald J. Trump
@realDonaldTrump
The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet.....
5:42 AM · Sep 11, 2019·Twitter for iPhone
2.5K
Retweets

[link to twitter.com (secure)]
 Quoting: Anonymous Coward 75461795


Idiot. If banks have negative interest rates they charge YOU for holding your money. YOU will pay to have a bank account.

Are you still LMFAO?
 Quoting: Anonymous Coward 77996288


Why are people buying German 10 years at -60bps? Because deflation nets them a real yield of 1.5%
Yeah, well, that's just, like, your opinion, man.
Anonymous Coward
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Latvia
09/11/2019 02:06 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Well, Trump made a LOT of money and is a brilliant business man.

I want to learn more before passing judgement. Because he may be on to something.

We all want the federal reserve demolished but then criticize this tweet?

That is ridiculous
 Quoting: Nonentity



he’s not brilliant, that’s the thing

he bluffs, files bankruptcies, refuses to pay until they settle for less and screws people

if everyone did this “brilliant” strategy the system would collapse

now the stress of this job is bringing on senility

watch him go full retard more and more frequently, probably in time to lose in 2020
 Quoting: Catseye


Everyone DOES do that. Business moguls dont get charitable until they own the world and they usually do it in full view of the public. It is simply the cost of branding at a high level. Trump has lost money by becoming POTUS. I am not sure if he knew he would or if he banked on a higher earning rate after presidency. But either way he is losing money. And a zero interest rate should at least shut the people up who says he is bought by Banks. The only reason for this move is to pay down debt. This is a government move. Not a bank move.
 Quoting: Whiskey Tango Foxtrot


This is 100% a bank/stock market move. It would have happened with anyone. Fiat currency is done.
hankie
Everything

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09/11/2019 02:34 PM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


The Federal Reserve charged not interest during most of Obama's term. They cut the all thing to do with what would crash the economy. If anyone had read the world report on the state of the world economy and the US economy they would have seen it was not just a recession we were in a depression.

This is way so many were without jobs, people with jobs would not quit or die so other waiting could get their jobs. This is fact not fantasy. I plowed through the whole thing and it was much worse than I though before I read it. How many people were trying to get jobs, how many people were work part time, mostly 20 something hours a week, can you live on this and make rent or house payment or car payment or gas for a car or even cooking gas or electricity none of this went down under Obama it went up just as he said it would, the one thing he told the truth about.

Whey do you think the wars start in part, the economy is brought down by a group whose member visit a Bilderberg group as they work out their wants. Your life is not important to these people. This has happened since they started the UN, the other groups to manipulate the entire world. World Bank is one of their enities, the word suits because it kind of Demonic.

So, getting the economy up and jobs started to get us out of the down turn is the main thing right now, nothing else until we fix it without more war. Also the other countries are not paying these interest rate, they are getting paid to borrow money. Nice for them, trade is effected against us. Guess who in that pile of crap.

Trump is doing what he can, it amazing how much has happened since he was elected, is it perfect for everyone NO, can it be perfect or everyone, no yet, and not unless he can push the federal reserve to stop what they are doing. Saving fake money is not making anyone a nest egg, they would make more buying US saving bonds. These are tax free if you wait to case the at maturity, and always worth the amount you bought at maturity more than at purchase. There are other more secure places that the bank to make money. Saving account have paid little since Clinton was president.

Sometimes people have to look at the long term even if it hurts you for a while, others hurt during Obama's years and some never recover from the time of Clinton every time they got a bit better, another hit would happen.

I understand people are having problems they do not like, I went through it for a long time. You can survive, others are barely surviving, why do you think there are families in the ten of thousand living in the woods, in the streets, in places they can put up tents. A lot of this is due to selfish and greedy power hungry at the top one percent. We have a congress who are not doing a dang thing to help, if they help, they would not be able to help themselves to more money. This has gone on for a long time, companies, and international Corporations writing the rules with huge amounts of money, you bet they found a way to wash it and it comes back to congress, and some Judges and others.

Normally I would not say anything much about this, only I read the world report and just how bad it really was and it not that great now, it much better and it not where it can be. We were stripe of our industries since Clinton all going to a script the followed and it was for their world order starting with the thousand points of light and many of the new silicone valley type were putting their wants to the push. These young billionaires are protecting their fortunes that was gotten with little help from none other than ones who were in DC and deep state. I would think by now you would have looked closer to their little games.


Some people who had been left in the dirt for a long time are getting their feet up and now their legs are standing more than ever have been. I do not begrudge them a life where they seemed to have none. Now, how can everyone have everything and others nothing for a long time? I can tell you the poor white don't have much, never have so that not unusual, when it comes to them, they will be thankful, if it doesn't nothing has changed for them.

There is some very crazy acting people in the last few years or they came out after losing the elect in 2016. They had already brainwashed them into safe places, now it totally off the wall crazy with PC language and fear to keep them going with the brainwashing.

Trump is not stupid, never has been stupid, he was one of the top economist, that what I found out before the election believe it or not, I asked who the top economist in the US or world was, and to my surprise it said Donal J. Trump, does google usually allow this, no, it because I asked a different question. They mention another two people one in the US and the other in Europe.

So, Trump worked in almost all these other countries building Trump Towers for other people, the Trump Towers is a brand, he services these towers, they are owned by others.

So, Trump had to deal with other countries laws and their government in commerce and this is how countries work, through commerce, even dictatorships it is commerce, the money brought into their countries through trade or work as in contracts. This is where thing went sour with their plans they got to greedy. They, each country used others to keep themselves more of the bottom line, money more and more money, also they stole it from their government and hid it.

The corporation and technology companies took a lot overseas and hid it so the gov. could not get a hold of it. That was taxes not paid, so the average person was taking up the slack for them. Now President Trump made the a one time deal to repatriate it back to the US with a lower rate, so they could keep more. This brought some companies back and for sure put money into the treasury. As congress was trying to spend it to their pocket as they had back years ago went a group found the congress critters hidden Swiss account and repatriated it back, first thing that happened, congress was spending it. One man quit because of what was happening, he said you could not work in congress to fix it, he would work from the outside. This was during Clinton's time as president.

If you did not know, Bush Sr,, Clinton, Bush Jr, and Obama were all on the same plan, the same team.

Check as much as you can about everything that has gone on, it not been nice for most of the US population for a long time.

Most the young men for years join the services to keep a pay check coming. They were nothing more to the people, who had control of the pushing of everything and that was also wars behind closed door for the groups, than as cannon fodder, said from their own books. Just someone to keep their money flowing, and thinning out young healthy men was also part of it, that also was said, which they said, there was more in the waiting to replace them. They had this out in the open, not behind closed doors, it just people would not look for these and told everyone else they were conspiracy theorist instead of the researchers they were and are. There are wack jobs in groups, more paid people, that a given they done this since the Bulletin Board were the only thing happening.

I know most will not read this, only thing that are happening now has been coming for long time, a very long time.

I know people are losing and some winning or what they consider winning and that because it not been this way before.

Trump is not messing thing up, it the silicone valley group of PC controllers, they will break anyone they can. I think some of these have gone around the bin, they are so progressive ( communist ), they lost all common since.


There are a lot of things going on today, they are in an all out war of a different kind and many is caught in the cross hairs.

Maybe your life will look up soon, I hope so.
Sorry I got a headache

These are the times that tries men's and
women's souls!

May we come though it victorious!
Anonymous Coward
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09/11/2019 02:36 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Would that not be negative rates on monies loaned to the government at higher rates than what they are charged to borrow from the Federal Reserve to begin with ? It should be even Steven since the money is coming from a quasi private government regulated business to begin with, right ? Our tax funded government is on the hook to bail out bank failures thru the FDIC or huge sweetheart loan "bailout" packages for those deemed too large to fail. I understand banks are a business when it comes to consumer loans and such but they enjoy loans from the Reserve at very reduced rates and in turn loan it out to other industry and individual at much higher rates and in many cases of consumer loans at what could be called predatory rates. Rates charged governmental loans could be reduced without any damage whatsoever to the Federal Reserve, direct cash loans instead of the purchase of goverment debt thru the purchase of bonds. Reserve the bond issues for public purchase by banks, foriegn governments, and the continued purchase by investment of the general public in long term purchases by 401K retirement plans and even smaller municipalities. The bond rates paid out now are in jeopardy with the push for zero and negative rates which could jeopardize the bond program and eventually result in a default situation. The Reserve should loan monies to the government in a program designed to strengthen the economy and not just profiteering, theoretically they can loan money to the US to float a bond, and by the purchase of the same bond get paid twice, then reloan that profit to their member institutions at reduced rates who then reloan it to consumers and industry at much higher rates. The Reserve profits again from those assets as banks are charged fees by the Reserve based on assets for their memberships. Double triple dealing and getting away with it while manipulating the world with poor policy decisions designed to control all of the above entities
Anonymous Coward
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09/11/2019 02:37 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
WOW!!!

Conversation
Donald J. Trump
@realDonaldTrump
The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet.....
5:42 AM · Sep 11, 2019·Twitter for iPhone
2.5K
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 Quoting: Anonymous Coward 75461795


President Trump is trying to give the economy one last boom before the biggest bubble pops.

The bubble we are in has been long time coming. Pretty much since Nixon took us off the Gold standard in the early 1970s. The 2008 crash nothing was fixed with all the bailouts, TARP, QE 1,2,3, infinity, etc...

The Fed is now boxed into a corner. Here is the catch, they have known this all along....

You keep hearing "Level Playing Field". When there is a Global Reset a lot of the debt will go into the NEW ASSET CLASS that will UPGRADE the existing FIAT currencies. We know them as Bitcoin and Digital Assets.

The New York Stock Exchange parent company The Intercontinental Exchange will open the first Wall Street Crypto/Digital Asset Exchange on September 23rd or 12 days from now. You think this is co-incidence or they have known the entire time.

Now you know why President Trump is doing the bi-lateral trade agreements. The financial system of the world is going to change over the next 10 years. You will be able to send money anywhere in the world at the cost of 1 /0,000 of a penny, and it will "instantly settle". Instead of people getting paid every 2 weeks. People will get paid every day or every hour. Everything will be tokenized and over the next 20 years it will be the new stock market. This is just a little bit of what is to come. It is much more, but it will get us out of this mess that we have been in for a very long time.

Anyway, President Trump knows this. So they are just trying to kill the economy. That way we can go to the new digitized economy. This will happen gradually over the next two to three decades.
 Quoting: Anonymous Coward 72415243


Finally!!! 11 pages in and NO ONE has mentioned the elephant in the room that is FAST approaching the financial markets...

I know it's a mind bender to start learning about Bitcoin and other crypto currencies, but THAT'S WHERE IT'S HEADED. There are way too many big players getting in the arena as we speak.

If you haven't learned anything about it yet, then start!

Can't you imagine the Fed being 'laid to rest'...Banks becoming nationalized and owned by the PEOPLE. The Treasury issues money as it was intended...NOT private elite people.

As you are reading this post, the rich that have actually taken the time to learn and see what crypto currencies are all about are loading up..Bitcoin, litecoin, Ethereum..etc.

As fiat moves into the new digital asset class, it can leave behind the whole debt debacle and emerge into several different avenues.

Those into Bitcoin, from what I can gather, are the ones into DECENTRALIZED currency...out of the hands of anyone except themselves and can send it freely and very little cost and near instant transfer.

There are other coins out there gaining ground as well, but aren't as decentralized and still tied to the standard banking system as we know it...and there are plenty of people grouping in that arena as well. Some people preach Bitcoin and others XRP.

Funny, everything always has it's opposite.

I think you will have your choice at some point...either currency in the system or out of it...

Trump says he's not big on Bitcoin, but then, he bluffs A LOT. You know this. Many times its for a reason...Many times it to draw your attention to a subject by talking about it negatively, or positively.

Anyway, guys....The post above has more clarity than most of the other posts on this thread....with the exception of Brief. He seems to know his stuff....even though he seems to be the butt of a lot of jokes on here.

My suggestion is .... don't be left behind...stimulate your gray matter and expand your craniums to what's going on...and for Pete's sake, don't get your crypto news from MSM.

There are thousands of short 10 to 15 minute video clips on youtube...smart people...that know their stuff and will spoon feed you the tons of news happening everyday in the crypto market.

I listen while i'm in the shower, shaving, driving...doing mundane stuff...it doesn't take that long to learn the lingo and start to get a glimpse of what this is all about.

It WILL be one of the greatest transfers of wealth in this generation...to those that take the time to learn.

Just my 2 shitoshi's.
Anonymous Coward
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09/11/2019 02:41 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


It would cost you money to have savings...banks would charge interest instead of paying you...
 Quoting: BRIEF

And, if you're a (i.e. 30-year) bond-holder, you'll receive LESS than you invested when the bond matures.
Anonymous Coward
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09/11/2019 02:42 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
How exactly would negative interest rates work in this country?
 Quoting: NDFarm


It would cost you money to have savings...banks would charge interest instead of paying you...
 Quoting: BRIEF

And, if you're a (i.e. 30-year) bond-holder, you'll receive LESS than you invested when the bond matures.
 Quoting: Anonymous Coward 76983809


This. It's fucked up.
PhiloSophiaZoso

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09/11/2019 02:42 PM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
chuckle

laugh
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