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

 
Anonymous Coward
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09/11/2019 07:39 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
epiclol
BRIEF

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09/11/2019 07:44 AM

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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

So...

If the Fed cuts interest rates to zero or negative interest rates, regular banks would follow suit? Or is this only for the Fed which finances our National debt?
 Quoting: Éireann


The key interest rate the Feds like to play with is the overnight lending rate from one bank to another. At a zero rate they can't make money so they charge you and I just to have cash there to pay bills with, but it gives borrowers very cheap loans. Loans are how businesses grow and new ones start up...credit card interest is often tied to the prime rate, so credit card debt becomes cheaper too...nearly free loans can cause explosive growth...

Last Edited by BRIEF on 09/11/2019 07:45 AM
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Nonentity

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09/11/2019 07:44 AM
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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


Macroeconomics of nation states is a different ballgame - very different from running a company. For instance, nations having no debt at all is highly abnormal and bad for the economy. Reducing debt drastically shouldn't be the goal at all.

If Trump wants to run US economy as he'd run a company, his going to run it into the ground.
 Quoting: Anonymous Coward 75623649


DC is incorporated

I need not say anymore.
Anonymous Coward
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09/11/2019 07:45 AM
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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


anything pro trump is orange man bad

havnt you learned yet?
MissCleo

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09/11/2019 07:45 AM

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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^


Please explain why this is bad?
 Quoting: Anonymous Coward 71972928


Because it's Sharia LAW.

Trump is caving to the Sauds.

Jared is pushing Israel Peace Plan, allowing Palestinians to own Jerusalem. al Asqa mosque will expand and the Western Wall will no longer mean anything. Banking started in Jerusalem with the tradition of good faith loans but with interest to prove good faith.
MissCleo

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09/11/2019 07:45 AM

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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

So...

If the Fed cuts interest rates to zero or negative interest rates, regular banks would follow suit? Or is this only for the Fed which finances our National debt?
 Quoting: Éireann


The key interest rate the Feds like to play with is the overnight lending rate from one bank to another. At a zero rate they can't make money so they charge you and I just to have cash there to pay bills with, but it gives borrowers very cheap loans. Loans are how businesses grow and new ones start up...credit card interest is often tied to the prime rate, so credit card debt becomes cheaper too...nearly free loans can cause explosive growth...
 Quoting: BRIEF


What about bonds?
Anonymous Coward
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09/11/2019 07:46 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
I don't get it? So you guys are saying stick with the Feds, keep the Reserve? After all we know? I am puzzled
Anonymous Coward
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09/11/2019 07:46 AM
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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^


Please explain why this is bad?
 Quoting: Anonymous Coward 71972928


Because it's Sharia LAW.

Trump is caving to the Sauds.

Jared is pushing Israel Peace Plan, allowing Palestinians to own Jerusalem. al Asqa mosque will expand and the Western Wall will no longer mean anything. Banking started in Jerusalem with the tradition of good faith loans but with interest to prove good faith.
 Quoting: MissCleo


you believe the official 9/11 story so how can anyone listen to what you have to say?

#sheeple
Anonymous Coward
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Netherlands
09/11/2019 07:46 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
here we go.

This just happened in the Netherlands.

They want to reward debt and punish saving.

Japan got stuck in stagnation for over a decade.

so here we go.
Anonymous Coward
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09/11/2019 07:47 AM
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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


He's not talking about your personal loans or accounts.

This is national. Federal bonds etc.
 Quoting: Anonymous Coward 76830601


All your loans are based on this mark, its the rate banks borrow from the fed. If it was 0 percent mortgage loans would be somewhere around 1.1-1.7%
Anonymous Coward
User ID: 24494291
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09/11/2019 07:47 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Cue the next anti-trump drum-beat....
ya-all don't realize how the MSM still manipulates your opinion.
belouixian 678487xxv1
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09/11/2019 07:50 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
I WANT FREE PRINCIPAL TOO!!!!!
NDFarm

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09/11/2019 07:50 AM
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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

So...

If the Fed cuts interest rates to zero or negative interest rates, regular banks would follow suit? Or is this only for the Fed which finances our National debt?
 Quoting: Éireann


The key interest rate the Feds like to play with is the overnight lending rate from one bank to another. At a zero rate they can't make money so they charge you and I just to have cash there to pay bills with, but it gives borrowers very cheap loans. Loans are how businesses grow and new ones start up...credit card interest is often tied to the prime rate, so credit card debt becomes cheaper too...nearly free loans can cause explosive growth...
 Quoting: BRIEF


And then maybe hyper inflation.
Maddrummerboy

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09/11/2019 07:51 AM
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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


Looks like I'm gonna have to head to my wells Fargo with briefcase in hand
Anonymous Coward
User ID: 77995560
Thailand
09/11/2019 07:54 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Guys... listen up... for the last time... U.S. HAS NO DEBT. Second, The Fed is DEFUNCT meaning they no longer exist and/or lost the license to print money.

The president has to get with the program.

Treasury Secretary Steven Mnuchin, pedophile, has been fired twice and won't leave because his paymasters keep him there. Same goes for Powell. All old control system, Rothschild, ALL OF THEM HAVE BEEN TAKEN OUT. Wealth dwindling... no more.

The 22 trillion dollar debt was canceled by the Manna World Holding Trust which owns the Fed.

Also the debt to China was paid in full by the Trust.

peoplesclub.org
thinkdifferent

Tommy Wiliams on Youtube.

Okay?



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
Anonymous Coward
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Finland
09/11/2019 07:55 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
it's about creating a bubble that doesn't burst until after the 2020 elections ...

USA and EU have been "printing money" since 2008 trying to remedy the recession ...

loose money hasn't been invested in production, it has led to so called corporate buybacks, meaning, the companies take free credit, buy their own shares that leads to stocks rising, which leads to bonus packages to the CEOs ...


under these circumstances the rising stocks don't mean healthy, growing economy but a bubble-

Trump tries to ride until the economy stalls, but the Economists and the FED are afraid of impeding mega crash ...
Anonymous Coward
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09/11/2019 07:55 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
I’m in real estate and all for 0% or neg rates. Refinancing the federal debt at 0% would save the country a ton. Banks already pay nothing, millennials and gen x have nothing so it would only hurt boomers who keep money in the bank.

Stocks will boom, real estate will boom, borrowing costs for small businesses would expand.

The only thing better then 0% is abolishing the fed and printing our own money. Cutting rates to 0 is almost like cutting the tenatacles off the fed reserve


Most of you people are bible tards. Usury is a sin in the Bible no? Time to kick the money changers out.

Go trump!
Anonymous Coward
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United States
09/11/2019 07:56 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
how can people call a tweet a DEMAND?
A: people that are just trying to use you as a dumb tool.
BRIEF

User ID: 39607259
United States
09/11/2019 07:57 AM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
...


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

So...

If the Fed cuts interest rates to zero or negative interest rates, regular banks would follow suit? Or is this only for the Fed which finances our National debt?
 Quoting: Éireann


The key interest rate the Feds like to play with is the overnight lending rate from one bank to another. At a zero rate they can't make money so they charge you and I just to have cash there to pay bills with, but it gives borrowers very cheap loans. Loans are how businesses grow and new ones start up...credit card interest is often tied to the prime rate, so credit card debt becomes cheaper too...nearly free loans can cause explosive growth...
 Quoting: BRIEF


What about bonds?
 Quoting: MissCleo


Generally when rates rise bonds fall, but it's difficult to predict because emotion runs the markets, not mathematics...
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 73508291
United States
09/11/2019 07:57 AM
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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

So...

If the Fed cuts interest rates to zero or negative interest rates, regular banks would follow suit? Or is this only for the Fed which finances our National debt?
 Quoting: Éireann


The key interest rate the Feds like to play with is the overnight lending rate from one bank to another. At a zero rate they can't make money so they charge you and I just to have cash there to pay bills with, but it gives borrowers very cheap loans. Loans are how businesses grow and new ones start up...credit card interest is often tied to the prime rate, so credit card debt becomes cheaper too...nearly free loans can cause explosive growth...
 Quoting: BRIEF


Finally someone else that understands money. I agree
mr. jingles

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United States
09/11/2019 07:58 AM
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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


Hes been saying this for weeks. No ome seems to realize this
mr. jingles
Starbird

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09/11/2019 07:58 AM

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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

So...

If the Fed cuts interest rates to zero or negative interest rates, regular banks would follow suit? Or is this only for the Fed which finances our National debt?
 Quoting: Éireann


The key interest rate the Feds like to play with is the overnight lending rate from one bank to another. At a zero rate they can't make money so they charge you and I just to have cash there to pay bills with, but it gives borrowers very cheap loans. Loans are how businesses grow and new ones start up...credit card interest is often tied to the prime rate, so credit card debt becomes cheaper too...nearly free loans can cause explosive growth...
 Quoting: BRIEF


Thank you for this very easy to understand explanation.
I am not sure about all this stuff - I want to see the big picture and that means educating myself about things. While I don't know the answers on everything I do think something more manageable has to be established for Student Loans because that amount of debt that just seems to grow like mold with its interest rates is certainly part of the reason the auto and home buy markets are slow for large segment of our working population - the whole concept of Student Loans and College being mandatory (and i know smart people consider options, but many many herd members were sold that bill of sale the college is required for life success) needs to be addressed as a first step into this -

I personally always have the hairy eyeball on really big programs and changes because I just don't trust - (for example universal health care stuffs) - Lots and lots of options that are long term have to be considered we can't just go with what sounds good right now.
I used to be just a Littlebird ~ Sometimes I'm a meanie head.
BRIEF

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United States
09/11/2019 07:59 AM

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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


Looks like I'm gonna have to head to my wells Fargo with briefcase in hand
 Quoting: Maddrummerboy


How much does your savings or checking account pay you now? .0001% lol ??
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 60097151
United States
09/11/2019 08:00 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Got my some of my assets in cryptos...
They are paying me 7% to hold with them. (Yes the company I am using is insured and is following all regulations.)
It's new but...seems like more people would give it a chance. I sure as shit not keeping my money in a bank where I'm paying them to hold my money.

Fuck banks. Fuck the fed. Fuck em all!

s226
Anonymous Coward
User ID: 75371558
Finland
09/11/2019 08:00 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Guys... listen up... for the last time... U.S. HAS NO DEBT. Second, The Fed is DEFUNCT meaning they no longer exist and/or lost the license to print money.

The president has to get with the program.

Treasury Secretary Steven Mnuchin, pedophile, has been fired twice and won't leave because his paymasters keep him there. Same goes for Powell. All old control system, Rothschild, ALL OF THEM HAVE BEEN TAKEN OUT. Wealth dwindling... no more.

The 22 trillion dollar debt was canceled by the Manna World Holding Trust which owns the Fed.

Also the debt to China was paid in full by the Trust.

peoplesclub.org
thinkdifferent

Tommy Wiliams on Youtube.

Okay?




 Quoting: Anonymous Coward 77995560




bsflag
Cap’n Obvious
You are reading this right now.

User ID: 76010295
United States
09/11/2019 08:00 AM

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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


He's not talking about your personal loans or accounts.

This is national. Federal bonds etc.
 Quoting: Anonymous Coward 76830601


A Danish bank has launched the world's first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year. Negative interest rates effectively mean that a bank pays a borrower to take money off their hands, so they pay back less than they have been loaned.

[link to www.theguardian.com (secure)]

As far as central banks:

Japan -.1
Eurozone is at zero.
Britain is at .75.
Australia is at 1%.

When banks go negative that means Deflation. The bank would rather lend you their money at 99.5%because they know it will be worth less than that before the loan is paid off .
Anonymous Coward
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United States
09/11/2019 08:03 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This will screw over current retired and those close to retirement.

It will also hurt the lower classes as bank fees will have to increase so the banks can make a profit.

Inflation will also increase which is bad for the lower and lower middle class workers.

It's good for business owners and people that want to borrow money but it's bad for everybody else.
Anonymous Coward
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Germany
09/11/2019 08:04 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
THIS IS ANOTHER BILLIONAIRE'S BAILOUT!!!!!!!
BRIEF

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United States
09/11/2019 08:04 AM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Why does the stock market always celebrate a Fed rate cut? An interest rate cut means businesses get cheaper loans to grow and hire more employees...GROWTH!! and that growth will fuel more jobs, more buying of equipment for businesses, and so on...
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
The Ghost of Comedian

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09/11/2019 08:04 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
OK, I strongly disagree with him on this one. I think he's just trying to buy us and the world time, though. It's a given that the global financial system is going to collapse at some point. He's kind of in a no-win situation.

Last Edited by The Ghost of Comedian on 09/11/2019 08:06 AM





GLP