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

Oh - I see you are deflecting the conversation to something totally different.
Yes, I understand that the banks are going to a cashless society and that chips will be made mandatory to work, eat, live. I am not ignorant.
But lets get back on track for this thread.
Trump wants the Fed Reserve to reduce THEIR interest rate to zero.
This is good for America because the National Debt is financed by the Fed Reserve. The current interest on the National Debt that the Fed Reserve charges the Fed Government (and hence American taxpayers) exceeds the total income of the Federal Government every year.
In short, the interest on the debt is bankrupting the nation.
If the Fed Reserve reduces the lending rate to the US Fed Government to 0 then perhaps there is a chance to start reducing the debt.
I have tried to explain it simply - but it seems that most still don't get it or refuse to try to understand.
ORANGE MAN BAD syndrome has hit hard.

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.

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.

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.

Exactly, these people are either completely clueless thus incredibly stupid or know full well what they are doing thus incredibly evil.

here it is folks.

THIS is why you fought WWI, and WWII.

Every war since then has been against any country that tried to implement these logical, simple ideas.

Nobody owns fiat money, it's a public resource. you should all get free money every month, in addition to your wages. it is natural interest on production

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.

brief is the village idiot who thinks he is a financial wizard.

So many people here think negative interest rates would be a good thing

GLP has gone full retard, this is one for the history books

Yup, its going to happen.
Who does it hurt?
Old people who saved.

Who does it help?
All those grandchildren who cannot afford a thing in our geezer society.

One has a long life to live, the other has already had a long life.

The problem is what the boomers did to the following generations for their now.

It was all paid on credit on the unborn children.
It's karma.