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

 
Anonymous Coward
User ID: 77726703
United States
09/11/2019 10:16 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Normally it would be the best move for the economy in its currents state.

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
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United States
09/11/2019 10:16 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
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[link to twitter.com (secure)]
 Quoting: Anonymous Coward 75461795


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
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Race to the Bottom™

Enjoy the Ride, plebes.

:)
Some Will. Some won't. So.......
TIO JUAN

User ID: 77974299
Mexico
09/11/2019 10:18 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


Your investments and savings would lose value plus inflation .
Your credit card will charge you 25% ANYWAY !!

Yeah, nothing WRONG !!

ASK EUROPE !

wtf

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
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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


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
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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^


Been trying for 10+ years.

Some Will

Most won't

So let them eat their Cake™.

:)
Some Will. Some won't. So.......
Anonymous Coward
User ID: 75862012
United States
09/11/2019 10:21 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Classic Dotard. Short term thinking, instant gratification. Make the boomers spend their retirement savings to prop up his B.S. tarriff debacle.

FFS, someone stop this crazy train.
Anonymous Coward
User ID: 77732762
Israel
09/11/2019 10:21 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Race to the Bottom™

Enjoy the Ride, plebes.

:)
 Quoting: SyncAsFunk


hesright
Anonymous Coward
User ID: 90634
United States
09/11/2019 10:21 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


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
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Latvia
09/11/2019 10:22 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This will usher in Socialism.
Anonymous Coward
User ID: 75862012
United States
09/11/2019 10:23 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Clownworld
Anonymous Coward
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Israel
09/11/2019 10:24 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Clownworld
 Quoting: Anonymous Coward 75862012


Circus White house.
Anonymous Coward
User ID: 67904014
United States
09/11/2019 10:26 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

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
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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 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
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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^


...and here comes, maybe, an initial rally, and when this coke line wears off the shits on.
taternuts

User ID: 22443691
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09/11/2019 10:28 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
there's just not point with debating with a trump-cultist.

go now and follow his tweets that are his holy words, go now good trump-follower.
Anonymous Coward
User ID: 77995787
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09/11/2019 10:28 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Yeah Trinity did make the call.


Peter's breakdown of what's going on.
SyncAsFunk

User ID: 17765782
United States
09/11/2019 10:29 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This will usher in Socialism.
 Quoting: Anonymous Coward 77739964


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
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09/11/2019 10:29 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Yeah Trinity did make the call.


Peter's breakdown of what's going on.

 Quoting: Anonymous Coward 77995787


Wrong video sorry bout that.
MING THE MERCILESS

User ID: 23390763
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09/11/2019 10:30 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
Enjoy your hyper inflation.
 Quoting: ^TrInItY^


YOU ARE ONE STUPID MOTHERFUCKER. TRUMP IS TAKING DOWN THE FED RIGHT BEFORE YOUR VERY EYES AND YOU ARE A BLIND FOOL
Anonymous Coward
User ID: 36568134
Canada
09/11/2019 10:33 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 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.
Anonymous Coward
User ID: 77995479
United States
09/11/2019 10:33 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


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!
Anonymous Coward
User ID: 75862012
United States
09/11/2019 10:34 AM
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Re: LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!
This will usher in Socialism.
 Quoting: Anonymous Coward 77739964


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.

:)
 Quoting: SyncAsFunk


hiding

Oh shit!
Anonymous Coward
User ID: 77955441
United States
09/11/2019 10:35 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^


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

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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^


Idol1 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! stonerroflpopcorn

Last Edited by CUB4DK on 09/11/2019 10:57 AM
CUB4DK
Anonymous Coward
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09/11/2019 10:36 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


The thing about that is.......Then everyone would pull their money out of the banks in mass. No sane person would leave money in an account that gets taxed.
Anonymous Coward
User ID: 75862012
United States
09/11/2019 10:36 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 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.
 Quoting: Anonymous Coward 36568134


So, just tribute to bankers. Why borrow and pay a fee if there is no chance to make money? ELI5.

whatever
Anonymous Coward
User ID: 77992394
United States
09/11/2019 10:36 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


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!
 Quoting: Anonymous Coward 77995479


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

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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


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.
 Quoting: exlibris


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


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





GLP