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

 
Anonymous Coward
User ID: 77990925
United States
09/11/2019 08:26 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^


You are NEVER right.
 Quoting: Anonymous Coward 77980993


If you say so chief.
 Quoting: ^TrInItY^


Love the language you use Trin. Always trips you up and proves who you're with... chief.
Anonymous Coward
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United States
09/11/2019 08:29 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



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
Anonymous Coward
User ID: 45553729
United States
09/11/2019 08:29 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


I know. He cannot do anything right for these dumb fuckers IMO. Arm chair quarter backing a recession that is not even fucking here and experts get wrong all the fucking time. And they go to school to predict shit unlike some of these shit heads...just sayin....
Anonymous Coward
User ID: 63843543
Australia
09/11/2019 08:31 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Germany already has negative interest rates across the board. Riddle me this. Who’s gonna buy bonds and negative rates? Only one buying will be federal reserve. Thus hyperinflation.
 Quoting: Anonymous Coward 77268284


So the fuck what, shareblue cuck? NO ONE FUCKING CARES!!

If anything goes wrong the President can just print more money and pay for it

SO JUST FUCK OFF
BRIEF

User ID: 39607259
United States
09/11/2019 08:31 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...
 Quoting: BRIEF


They could cut the corporate tax rate and increase the personal tax rate on the super wealthy and accomplish a lot more.

Instead of the CEO's paying themselves 20 million a year they'll be reinvesting that money in the company like they did when the top individual tax rate was at 90%.
 Quoting: Anonymous Coward 77933665


You underestimate the necessity of the wealthy and CEO's salaries...look at Papa John's under a new CEO...

If you don't keep your CEO's happy, they will go to work for your competition...
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
BRIEF

User ID: 39607259
United States
09/11/2019 08:33 AM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
THIS IS ANOTHER BILLIONAIRE'S BAILOUT!!!!!!!
 Quoting: Anonymous Coward 77995370


The average American has money invested in the stock market via retirement plans like 401k and simple IRA's...you however apparently like to sit on the bench...
 Quoting: BRIEF


You mean in the RIGGED CASINOS, don't you?

Most people don't know that they can
LOSE every red cent they put into that.

ASK ME HOW I KNOW THAT!

 Quoting: Anonymous Coward 77995437


Because you are a gambler and did not use a well established investment group with proven returns...
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
Still

User ID: 77774934
United States
09/11/2019 08:34 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Banks control govt
Govt controls ppl

The fed + irs = organized money mafia

= Global $$ laundering

Watch n learn
 Quoting: Phennommennonn


SITC-abso
Mr.Niceguy

User ID: 76696193
United States
09/11/2019 08:34 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^


Someone is butt-hurt.
BRIEF

User ID: 39607259
United States
09/11/2019 08:35 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


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 ??
 Quoting: BRIEF


HA! if that. Dont want to invest our savings in anything risky. We already have two different 401k's. One is strictly to pull in dividends from wife's previous company. Everything's paid for, vehicles, house, land etc...Contemplating using it to by more real estate if they wanna screw around though.
 Quoting: Maddrummerboy


If you own land, you had better make money on it...and that takes work...taxes and insurance must be met at minimum... Real Estate eats money
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
BRIEF

User ID: 39607259
United States
09/11/2019 08:36 AM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Debt has always worked for president Trump, he's comfortable with it and uses it like any other tool...Debt can fuel expansion and growth, but it's dangerous...
 Quoting: BRIEF


You have Trump confused with George Soros
 Quoting: Anonymous Coward 76863067


I have not read any books on ole George...
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 08:37 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This thread just proves why 95% of glp is poor trailer trash. You have no idea how debt is used as a tool for prosperity. You have no clue about investing in good companies. It’s pathetic. You should be celebrating this tweet. How’s the Fed going to make money if they lend to banks at 0%. This is ending the fed. I wonder what Ron Paul will day about this move.
Anonymous Coward
User ID: 75862012
United States
09/11/2019 08:37 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
#25thAmendment
Anonymous Coward
User ID: 77995216
Sweden
09/11/2019 08:39 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This thread just proves why 95% of glp is poor trailer trash. You have no idea how debt is used as a tool for prosperity. You have no clue about investing in good companies. It’s pathetic. You should be celebrating this tweet. How’s the Fed going to make money if they lend to banks at 0%. This is ending the fed. I wonder what Ron Paul will day about this move.
 Quoting: Anonymous Coward 73508291


Haha..Yes GLP has deteriorated.

Taxpayers should not pay interest to private banks. The government should loan out money to serve society.
Anonymous Coward
User ID: 77995654
Portugal
09/11/2019 08:39 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
trin was right
 Quoting: Anonymous Coward 76694416


Lol it was a known fact, he was right because he saw what trump said. He didn’t predict anything.
Excited Furniture

User ID: 77547973
United States
09/11/2019 08:40 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^



I'm with you, Trin.

OP too.

We are a lost and lonely breed, middle of the road old farts. At least I'm an old fart... lol


ufo56
I am not anyone. I'm not here, you didn't see me. Move along...

lol
Weyoun

User ID: 77989510
United States
09/11/2019 08:42 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This thread just proves why 95% of glp is poor trailer trash. You have no idea how debt is used as a tool for prosperity. You have no clue about investing in good companies. It’s pathetic. You should be celebrating this tweet. How’s the Fed going to make money if they lend to banks at 0%. This is ending the fed. I wonder what Ron Paul will day about this move.
 Quoting: Anonymous Coward 73508291


Haha..Yes GLP has deteriorated.

Taxpayers should not pay interest to private banks. The government should loan out money to serve society.
 Quoting: Anonymous Coward 77995216


Govt needs to get their hands off the economy altogther. Govt loans/grants are just corrupt kickback scams.
Anonymous Coward
User ID: 77933665
United States
09/11/2019 08:42 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...
 Quoting: BRIEF


They could cut the corporate tax rate and increase the personal tax rate on the super wealthy and accomplish a lot more.

Instead of the CEO's paying themselves 20 million a year they'll be reinvesting that money in the company like they did when the top individual tax rate was at 90%.
 Quoting: Anonymous Coward 77933665


You underestimate the necessity of the wealthy and CEO's salaries...look at Papa John's under a new CEO...

If you don't keep your CEO's happy, they will go to work for your competition...
 Quoting: BRIEF


That doesn't make sense.

I don't think you understand how those tax rates worked.
Low corporate and business tax rate.
High top individual tax rate.
It incentivizes reinvesting profits back into the company instead of paying outrageous salaries to CEO's and other high paid positions.
The shareholders would make damn sure most of that money is reinvested into the company rather than thrown away in taxes.
Anonymous Coward
User ID: 77995654
Portugal
09/11/2019 08:43 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


Banks already take money from your account if you don’t have a certain amount of funds in them...
BRIEF

User ID: 39607259
United States
09/11/2019 08:43 AM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This thread just proves why 95% of glp is poor trailer trash. You have no idea how debt is used as a tool for prosperity. You have no clue about investing in good companies. It’s pathetic. You should be celebrating this tweet. How’s the Fed going to make money if they lend to banks at 0%. This is ending the fed. I wonder what Ron Paul will day about this move.
 Quoting: Anonymous Coward 73508291


Haha..Yes GLP has deteriorated.

Taxpayers should not pay interest to private banks. The government should loan out money to serve society.
 Quoting: Anonymous Coward 77995216


The role of government is to protect its citizens, not have total control over them...remember the Federal Reserve is not a government institution...he who controls the money also controls the citizens, money is power.

Private banks are independent businesses that MUST make a profit or they fail...and banks DO fail...
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: 77739964
Latvia
09/11/2019 08:44 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Please explain why this is bad?
 Quoting: Anonymous Coward 71972928


Well it usually means the economy is about to tank.
BRIEF

User ID: 39607259
United States
09/11/2019 08:46 AM

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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Please explain why this is bad?
 Quoting: Anonymous Coward 71972928


Well it usually means the economy is about to tank.
 Quoting: Anonymous Coward 77739964


Usually, but the economy is still very strong...Trump wants it to explode for reelection I guess...who doesn't like making money???
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: 77933665
United States
09/11/2019 08:46 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...
 Quoting: BRIEF


They could cut the corporate tax rate and increase the personal tax rate on the super wealthy and accomplish a lot more.

Instead of the CEO's paying themselves 20 million a year they'll be reinvesting that money in the company like they did when the top individual tax rate was at 90%.
 Quoting: Anonymous Coward 77933665


You underestimate the necessity of the wealthy and CEO's salaries...look at Papa John's under a new CEO...

If you don't keep your CEO's happy, they will go to work for your competition...
 Quoting: BRIEF


That doesn't make sense.

I don't think you understand how those tax rates worked.
Low corporate and business tax rate.
High top individual tax rate.
It incentivizes reinvesting profits back into the company instead of paying outrageous salaries to CEO's and other high paid positions.
The shareholders would make damn sure most of that money is reinvested into the company rather than thrown away in taxes.
 Quoting: Anonymous Coward 77933665


And if they want to pay their CEO's a ridiculous amount of money like 20 million per year instead of 1-2 million they could still do that.
But they'd be throwing a lot of that money away to the government in taxes while their competition reinvests their money in their company and gets bigger.
Anonymous Coward
User ID: 77995216
Sweden
09/11/2019 08:46 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This thread just proves why 95% of glp is poor trailer trash. You have no idea how debt is used as a tool for prosperity. You have no clue about investing in good companies. It’s pathetic. You should be celebrating this tweet. How’s the Fed going to make money if they lend to banks at 0%. This is ending the fed. I wonder what Ron Paul will day about this move.
 Quoting: Anonymous Coward 73508291


Haha..Yes GLP has deteriorated.

Taxpayers should not pay interest to private banks. The government should loan out money to serve society.
 Quoting: Anonymous Coward 77995216


The role of government is to protect its citizens, not have total control over them...remember the Federal Reserve is not a government institution...he who controls the money also controls the citizens, money is power.

Private banks are independent businesses that MUST make a profit or they fail...and banks DO fail...
 Quoting: BRIEF


That´s like saying you are afraid of yourself. The government should be the people of course.
Anonymous Coward
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Latvia
09/11/2019 08:47 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Germany already has negative interest rates across the board. Riddle me this. Who’s gonna buy bonds and negative rates? Only one buying will be federal reserve. Thus hyperinflation.
 Quoting: Anonymous Coward 77268284


hesright

Followed by another depression.
Anonymous Coward
User ID: 77243084
Spain
09/11/2019 08:47 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Please explain why this is bad?
 Quoting: Anonymous Coward 71972928


PAYING someone to borrow money is INSANE.

How much would you borrow if you were being PAID to borrow it?

I know how much i'd ask for - INFINITE.

Of course YOU don't get the negative interest rate - but the banks do.... and all they'll do is get paid to borrow, hoard the loan amount (ie it NEVER enters the economy so in the form of small business loans), and simply replay that risk free money and pocket the negative interest they're being paid as risk free profit. Why loan money at a risk when you can earn infinite amounts risk free?

It's a MASSIVE wealth transfer from the savers, pension funds and mutual funds (who are paying the neg rates on their savings) straight to the banks.

For example - in my EUR account, anything over 100k i now have to PAY 1% annually.

But most importantly it totally fucks up price discovery and pricing information - something that always will destroy a free market system.

Oh, and Krugman LOVES neg rates.

Buy gold.

Buy silver.

out.
Kpduties
User ID: 75530758
United States
09/11/2019 08:48 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Negative interest rates are a last resort. The bank charges you to keep your money. Instead of currently getting .9 percent on your savings account,the bank charges you .9 percent to store your money there. This also effects banks, who would have to pay central banks to store there excess reserves. In the end, everyone hoards their own cash. If you have no money, you'll be fine.
Weyoun

User ID: 77989510
United States
09/11/2019 08:48 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This thread just proves why 95% of glp is poor trailer trash. You have no idea how debt is used as a tool for prosperity. You have no clue about investing in good companies. It’s pathetic. You should be celebrating this tweet. How’s the Fed going to make money if they lend to banks at 0%. This is ending the fed. I wonder what Ron Paul will day about this move.
 Quoting: Anonymous Coward 73508291


Haha..Yes GLP has deteriorated.

Taxpayers should not pay interest to private banks. The government should loan out money to serve society.
 Quoting: Anonymous Coward 77995216


The role of government is to protect its citizens, not have total control over them...remember the Federal Reserve is not a government institution...he who controls the money also controls the citizens, money is power.

Private banks are independent businesses that MUST make a profit or they fail...and banks DO fail...
 Quoting: BRIEF


That´s like saying you are afraid of yourself. The government should be the people of course.
 Quoting: Anonymous Coward 77995216


People are too dumb or too corrupt to be government.
Anonymous Coward
User ID: 45553729
United States
09/11/2019 08:50 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
We got x amount of money,most of its hoarded by baby boomers,this cash is locked up in banks as banks are required to hold x amount.with trumps idea,this gets cash in the system.you get a job and you get a job,everybody gets a job!
Hyperinflation is venezula,a shithole with very little manufacturing.
The country needs jobs and what fed likes is very valuable money.when nobody has a job,dollars are strong,when everybody has a job,dollars are weaker.trannity makes money off unemployed bozos sitting around on the www chatting.ad revenue.
When we are working,his revenue goes down.we had very little hyper inflation in 2000,our country was doing great.fed hates it when our country succeeds.
Then the rich folks money hoards is less valuable.
Why should i mow rich mans yard for twenty when i can mske 100 as a clerk at mcdonalds?
Then rich man has to mow his own yard,but because rich man partied his life away,rich man is crippled.well rich cripple,get to work!

Trannities hyperinflation is bs,fed will never allow that but,fed has been choking the little man to death.for years.twenty years to be exact.
Fed should have never touched the economy years back.it should have forced bankruptcies of banks and flooded the housing market with cheap houses.this would have stabilized the economy as young couples bought cheap and remodeled houses.
Thus stimulating construction and material sales.
As it is now.they have killed so many small businesses that were thriving.
Fed almost murdered this country,they should be hung for treason.
We had a great economy in 2000 and fed fucked it up.
 Quoting: Anonymous Coward 7579038

Agreed. They took/changed it by force.
Anonymous Coward
User ID: 77243084
Spain
09/11/2019 08:50 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!
 Quoting: Anonymous Coward 73508291


YES!

Governments/the people should be the bank. And to serve society best instead of private banks it should loan out money to projects that will pay off. Then zero or minus interest makes sense.
 Quoting: Anonymous Coward 77995216


But this isn't 'Usury', this is NEGATIVE usury.... something even god never predicted would happen!
Anonymous Coward
User ID: 77732762
Israel
09/11/2019 08:51 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



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


Well said, he's so gonna lose 2020. His ego is too much.

hesright





GLP