LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!! | |
Anonymous Coward User ID: 77726703 United States 09/11/2019 10:16 AM Report Abusive Post Report Copyright Violation | But with the trade conflict we have with China right now they could hurt us bad if they start dumping dollars at the same time. it could spur hyperinflation here at home. |
Anonymous Coward User ID: 73888120 United States 09/11/2019 10:16 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)] Yeah... noticed that this morning as well. Not a good sign :( Getting more doubts about "trusting in the process" and leaning towards Trin's attitude. |
SyncAsFunk
User ID: 17765782 United States 09/11/2019 10:17 AM Report Abusive Post Report Copyright Violation | |
TIO JUAN
User ID: 77974299 Mexico 09/11/2019 10:18 AM Report Abusive Post Report Copyright Violation | Your investments and savings would lose value plus inflation . Your credit card will charge you 25% ANYWAY !! Yeah, nothing WRONG !! ASK EUROPE ! Last Edited by TIO JUAN on 09/11/2019 10:19 AM UNCLE JOHN |
Anonymous Coward User ID: 90634 United States 09/11/2019 10:18 AM Report Abusive Post Report Copyright Violation | 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! Quoting: Anonymous Coward 7579038 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. No. The savings that get 'released' do not mean job. They go to corporate CEOs bonuses and management salaries while those who do the real work get laid off or their pay gets cut (to streamline the operation). You are FORCED to gamble your savings away. That's fucked up. It's just as fucked as Obamacare. |
SyncAsFunk
User ID: 17765782 United States 09/11/2019 10:20 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75862012 United States 09/11/2019 10:21 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77732762 Israel 09/11/2019 10:21 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 90634 United States 09/11/2019 10:21 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 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%. 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... Bullshit. CEO getting 20 mil a year is not worth it. If you pay them that much for success, they should pay for fucking things up. That's fair. Now they get millions in golden handshakes even when they run a company to the ground. |
Anonymous Coward User ID: 77739964 Latvia 09/11/2019 10:22 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75862012 United States 09/11/2019 10:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77732762 Israel 09/11/2019 10:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 67904014 United States 09/11/2019 10:26 AM Report Abusive Post Report Copyright Violation | 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 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 So you would feel sorry for the fed if trump took some of our money back from them? Whose side are you on? |
Anonymous Coward User ID: 74950944 United States 09/11/2019 10:27 AM Report Abusive Post Report Copyright Violation | it will bring on the USD demise faster sooner better for one thing, which is really a good thing. we need to take full advantage of the chaos to do wealth transfers to ourselves. we wont have any debt or income taxes after that. woodrow wilson is going down biatches. he shouldnt even tried to play us. total underestimated what we would do about him. |
Anonymous Coward User ID: 77992394 United States 09/11/2019 10:28 AM Report Abusive Post Report Copyright Violation | |
taternuts
User ID: 22443691 United States 09/11/2019 10:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77995787 United States 09/11/2019 10:28 AM Report Abusive Post Report Copyright Violation | |
SyncAsFunk
User ID: 17765782 United States 09/11/2019 10:29 AM Report Abusive Post Report Copyright Violation | It will usher in the complete demolition of the entire western socio/political/economic model of debt to infinity insanity to be replaced by an even more horrific global digital control currency. The Beast, laughing, spreads it's wings to the adulation and fanfare of the hypnotized drones. :) Some Will. Some won't. So....... |
Anonymous Coward User ID: 77995787 United States 09/11/2019 10:29 AM Report Abusive Post Report Copyright Violation | |
MING THE MERCILESS
User ID: 23390763 United States 09/11/2019 10:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 36568134 Canada 09/11/2019 10:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77995479 United States 09/11/2019 10:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75862012 United States 09/11/2019 10:34 AM Report Abusive Post Report Copyright Violation | It will usher in the complete demolition of the entire western socio/political/economic model of debt to infinity insanity to be replaced by an even more horrific global digital control currency. The Beast, laughing, spreads it's wings to the adulation and fanfare of the hypnotized drones. :) Oh shit! |
Anonymous Coward User ID: 77955441 United States 09/11/2019 10:35 AM Report Abusive Post Report Copyright Violation | Trump will in time demand NO interest rates.. at least not the cumulative immoral type. Do you ones realized every year of a mortgage on your house.. you have just refinanced your house... or your car.... or or or .... Or the interest on all government debt? Trump is right. He is setting up something different. |
CUB4DK
User ID: 26196868 Canada 09/11/2019 10:36 AM Report Abusive Post Report Copyright Violation | Quoting: ^TrInItY^ Don't worry about him Trinity, I have listened to you from the start. Thank-you,.. for all those Peas and Queues ….lol Where is Captain Carter,..by the way ?? It seems like President Trump loves to play his own brand of Monopoly. Instead of having a Federal Reserve , which is merely the holy grail of American prosperity,, he'll create his own new Bank of America instead! Last Edited by CUB4DK on 09/11/2019 10:57 AM CUB4DK |
Anonymous Coward User ID: 76440322 Canada 09/11/2019 10:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75862012 United States 09/11/2019 10:36 AM Report Abusive Post Report Copyright Violation | It means if you borrow 10 grand it costs you a fee but no interest. When you pay it back you pay only 10 grand. You would also earn nothing on your investments either but you really aren't anyhow right now. So, just tribute to bankers. Why borrow and pay a fee if there is no chance to make money? ELI5. |
Anonymous Coward User ID: 77992394 United States 09/11/2019 10:36 AM Report Abusive Post Report Copyright Violation | It would cost you money to have savings...banks would charge interest instead of paying you... you would take out a $100K mortgage and the bank would make a monthly payment to you of $600 until the loan was paid back. hell, why not. it's OUR MONEY!! NOT THEIRS! Nope. You would take out 100k mortgage and only pay the pricipal. The negative rate will come from banks charging you -3% to maintain your money on top of regular fees. They will limited withdrawals, capped per year, you will never get ur cash out... |
Busterhymen
User ID: 77755236 United States 09/11/2019 10:36 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)] Yeah... noticed that this morning as well. Not a good sign :( Getting more doubts about "trusting in the process" and leaning towards Trin's attitude. More and more bashing of Trump on this forum, but no one yet has offered a viable alternative for 2020. If not Trump, then who? Obviously Trump will be the Republican nominee, so if you\re not backing him, then it's a socialist Dem for you. Enjoy the Venezuelan joy ride! FCK the WEF! Keep your hands off my country! |
Anonymous Coward User ID: 77995479 United States 09/11/2019 10:37 AM Report Abusive Post Report Copyright Violation | 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 |