LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!! | |
taternuts
User ID: 22443691 United States 09/11/2019 08:51 AM Report Abusive Post Report Copyright Violation | 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 STRONGLY DISAGRE, only thing that has happen is their stock values have up, and up.... no new hiring, no new jobs, no real growth. This has been going on for over a decade now, up know it. |
Anonymous Coward User ID: 77933665 United States 09/11/2019 08:52 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Kpduties 75530758 Will it cause a bank run though that is the question. The entire system is a scam so a bank run would cause a collapse. |
taternuts
User ID: 22443691 United States 09/11/2019 08:53 AM Report Abusive Post Report Copyright Violation | 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 STRONGLY DISAGREE, only thing that has happen is their stock values have up, and up.... no new hiring, no new jobs, no real growth. This has been going on for over a decade now, smart money knows this fact and makes money from knowing it. |
Maddrummerboy
User ID: 69764054 United States 09/11/2019 08:54 AM Report Abusive Post Report Copyright Violation | ... Quoting: Maddrummerboy Looks like I'm gonna have to head to my wells Fargo with briefcase in hand How much does your savings or checking account pay you now? .0001% lol ?? 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. 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 We already own 8 acres of evacuation land in the Texas hill country between San Antonio and Austin. Just sitting there waiting until we have another hurricane down here in Galveston County. Land in desirable areas of Texas is booming right now. |
BRIEF
User ID: 39607259 United States 09/11/2019 08:55 AM Report Abusive Post Report Copyright Violation | 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 STRONGLY DISAGRE, only thing that has happen is their stock values have up, and up.... no new hiring, no new jobs, no real growth. This has been going on for over a decade now, up know it. I'm attempting to understand your retarded spewing, but have you noticed there is RECORD unemployment? And you say "no new jobs" ???? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 75851342 United States 09/11/2019 08:55 AM Report Abusive Post Report Copyright Violation | 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. 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 We already own 8 acres of evacuation land in the Texas hill country between San Antonio and Austin. Just sitting there waiting until we have another hurricane down here in Galveston County. Land in desirable areas of Texas is booming right now. Thats why real estate going to millions then trillions. It will never crash. |
MissCleo
User ID: 77082640 United States 09/11/2019 08:57 AM Report Abusive Post Report Copyright Violation | |
Maddrummerboy
User ID: 69764054 United States 09/11/2019 08:57 AM Report Abusive Post Report Copyright Violation | ... Quoting: Maddrummerboy 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. 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 We already own 8 acres of evacuation land in the Texas hill country between San Antonio and Austin. Just sitting there waiting until we have another hurricane down here in Galveston County. Land in desirable areas of Texas is booming right now. Thats why real estate going to millions then trillions. It will never crash. You're doing good to find 1 acre for under 35k here. That's if you can even find it |
Weyoun
User ID: 77989510 United States 09/11/2019 08:57 AM Report Abusive Post Report Copyright Violation | |
taternuts
User ID: 22443691 United States 09/11/2019 08:57 AM Report Abusive Post Report Copyright Violation | WOW!!! Quoting: Anonymous Coward 75461795 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)] one of two reasons why someone would say this... first: he hates the FED and would like to see them suffer and go under. second: he's just plain nuts...acting like a bratty rich elite, that wants free money. |
BRIEF
User ID: 39607259 United States 09/11/2019 09:04 AM Report Abusive Post Report Copyright Violation | WOW!!! Quoting: Anonymous Coward 75461795 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)] one of two reasons why someone would say this... first: he hates the FED and would like to see them suffer and go under. second: he's just plain nuts...acting like a bratty rich elite, that wants free money. The one thing President Trump has in his favor, and is my biggest criteria for selecting any investment, is a long history or track record of success... Obama had no clue about business...obviously I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 75851342 United States 09/11/2019 09:07 AM Report Abusive Post Report Copyright Violation | This will screw over current retired and those close to retirement. Quoting: Anonymous Coward 77933665 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. Not if they are invested in real estate. Real estate going to millions then trillions of dollars. |
Anonymous Coward User ID: 75862012 United States 09/11/2019 09:09 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77933665 United States 09/11/2019 09:11 AM Report Abusive Post Report Copyright Violation | This will screw over current retired and those close to retirement. Quoting: Anonymous Coward 77933665 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. Not if they are invested in real estate. Real estate going to millions then trillions of dollars. Land too. |
Anonymous Coward User ID: 77995437 United States 09/11/2019 09:13 AM Report Abusive Post Report Copyright Violation | 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... 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! Because you are a gambler and did not use a well established investment group with proven returns... Perhaps. |
Anonymous Coward User ID: 77539625 United States 09/11/2019 09:13 AM Report Abusive Post Report Copyright Violation | |
Christ II - Thee Judge User ID: 72339525 United States 09/11/2019 09:16 AM Report Abusive Post Report Copyright Violation | Donald Trump 666 is greatly in debt and is a ruthless business man who only cares about enriching himself. I know that everything Donald Trump 666 does is evil - I've passed judgement. Most Americans realize how important the Federal Reserve is and how ignorant and self-serving its opponents are. Donald Trump = "six hundred sixty-six (666)" using the Evil=48 Code of A=49, B50, C51...Z74. He's the current Antichrist whose actions are the opposite of the Christ, e.g. he worships GOLD not GOD. D52+O63+N62+A49+L60+D52 + T68+R66+U69+M61+P64 = 666 "Numbers don't lie", but Donald Trump 666 is a compulsive/pathological liar. |
Anonymous Coward User ID: 75058461 United States 09/11/2019 09:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 47991895 United States 09/11/2019 09:17 AM Report Abusive Post Report Copyright Violation | |
Nonentity
User ID: 77013656 United States 09/11/2019 09:17 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF It would cost you money to have savings...banks would charge interest instead of paying you... 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? 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... And then maybe hyper inflation. That's like worrying about obesity after suffering starvation. |
Anonymous Coward User ID: 75058461 United States 09/11/2019 09:17 AM Report Abusive Post Report Copyright Violation | Donald Trump 666 is greatly in debt and is a ruthless business man who only cares about enriching himself. I know that everything Donald Trump 666 does is evil - I've passed judgement. Most Americans realize how important the Federal Reserve is and how ignorant and self-serving its opponents are. Donald Trump = "six hundred sixty-six (666)" using the Evil=48 Code of A=49, B50, C51...Z74. He's the current Antichrist whose actions are the opposite of the Christ, e.g. he worships GOLD not GOD. D52+O63+N62+A49+L60+D52 + T68+R66+U69+M61+P64 = 666 "Numbers don't lie", but Donald Trump 666 is a compulsive/pathological liar. :rere23: |
Anonymous Coward User ID: 77732762 Israel 09/11/2019 09:17 AM Report Abusive Post Report Copyright Violation | WOW!!! Quoting: Anonymous Coward 75461795 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)] one of two reasons why someone would say this... first: he hates the FED and would like to see them suffer and go under. second: he's just plain nuts...acting like a bratty rich elite, that wants free money. The one thing President Trump has in his favor, and is my biggest criteria for selecting any investment, is a long history or track record of success... Obama had no clue about business...obviously You clearly don't know how Trump invested his INHERITED money. Trump's an actual failure. |
Anonymous Coward User ID: 77732762 Israel 09/11/2019 09:18 AM Report Abusive Post Report Copyright Violation | |
Nonentity
User ID: 77013656 United States 09/11/2019 09:24 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF 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... 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! Because you are a gambler and did not use a well established investment group with proven returns... Perhaps. Gambled too much. Always have enough money to push your loss forward. Bet 1 and lose. Bet 2 and lose. Bet 3 and lose. Bet 6 and lose. Bet 12 and lose. Bet 24 and win.....which covers your prior loss. Look at statistics. If one wins 1 out of 30, plan to gamble, push loss forward 300 losses. That way one changes their odds of winning from 1 out of 30 to 10 over 1. Smart gambling |
Anonymous Coward User ID: 77408026 United States 09/11/2019 09:26 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75851342 United States 09/11/2019 09:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77408026 United States 09/11/2019 09:28 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 39607259 United States 09/11/2019 09:28 AM Report Abusive Post Report Copyright Violation | WOW!!! Quoting: Anonymous Coward 75461795 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)] one of two reasons why someone would say this... first: he hates the FED and would like to see them suffer and go under. second: he's just plain nuts...acting like a bratty rich elite, that wants free money. The one thing President Trump has in his favor, and is my biggest criteria for selecting any investment, is a long history or track record of success... Obama had no clue about business...obviously You clearly don't know how Trump invested his INHERITED money. Trump's an actual failure. He inherited 400 million and he's worth 3.1 Billion I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 75851342 United States 09/11/2019 09:29 AM Report Abusive Post Report Copyright Violation | |
Nonentity
User ID: 77013656 United States 09/11/2019 09:30 AM Report Abusive Post Report Copyright Violation | Every time a house sells, trade labor profits. Roofers, electricians, painters, plumbers, estate agents, etc...... They all see an increase in work. Which is great for economy. I definitely want to hear more from President Trump about this idea. |