LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!! | |
Anonymous Coward User ID: 75058461 United States 09/11/2019 07:45 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 anything pro trump is orange man bad havnt you learned yet? |
MissCleo
User ID: 77082640 United States 09/11/2019 07:45 AM Report Abusive Post Report Copyright Violation | 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
User ID: 77082640 United States 09/11/2019 07:45 AM Report Abusive Post Report Copyright Violation | 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... What about bonds? |
Anonymous Coward User ID: 76863067 United States 09/11/2019 07:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75058461 United States 09/11/2019 07:46 AM Report Abusive Post Report Copyright Violation | 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. you believe the official 9/11 story so how can anyone listen to what you have to say? #sheeple |
Anonymous Coward User ID: 70829423 Netherlands 09/11/2019 07:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77902355 United States 09/11/2019 07:47 AM Report Abusive Post Report Copyright Violation | It would cost you money to have savings...banks would charge interest instead of paying you... He's not talking about your personal loans or accounts. This is national. Federal bonds etc. 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 United States 09/11/2019 07:47 AM Report Abusive Post Report Copyright Violation | |
belouixian 678487xxv1 User ID: 77294439 United States 09/11/2019 07:50 AM Report Abusive Post Report Copyright Violation | |
NDFarm
User ID: 76923699 United States 09/11/2019 07:50 AM Report Abusive Post Report Copyright Violation | 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. |
Maddrummerboy
User ID: 77406019 United States 09/11/2019 07:51 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77995560 Thailand 09/11/2019 07:54 AM Report Abusive Post Report Copyright Violation | 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!!! 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)] |
Anonymous Coward User ID: 75371558 Finland 09/11/2019 07:55 AM Report Abusive Post Report Copyright Violation | 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 User ID: 73508291 United States 09/11/2019 07:55 AM Report Abusive Post Report Copyright Violation | 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 User ID: 24494291 United States 09/11/2019 07:56 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 39607259 United States 09/11/2019 07:57 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... What about bonds? Generally when rates rise bonds fall, but it's difficult to predict because emotion runs the markets, not mathematics... 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: 73508291 United States 09/11/2019 07:57 AM Report Abusive Post Report Copyright Violation | 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... Finally someone else that understands money. I agree |
mr. jingles
User ID: 72749227 United States 09/11/2019 07:58 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)] Hes been saying this for weeks. No ome seems to realize this mr. jingles |
Anonymous Coward User ID: 77983873 United States 09/11/2019 07:58 AM Report Abusive Post Report Copyright Violation | 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... 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. |
BRIEF
User ID: 39607259 United States 09/11/2019 07:59 AM Report Abusive Post Report Copyright Violation | It would cost you money to have savings...banks would charge interest instead of paying you... 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 ?? 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: 60097151 United States 09/11/2019 08:00 AM Report Abusive Post Report Copyright Violation | 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! |
Anonymous Coward User ID: 75371558 Finland 09/11/2019 08:00 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Anonymous Coward 77995560 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? |
Cap’n Obvious
User ID: 76010295 United States 09/11/2019 08:00 AM Report Abusive Post Report Copyright Violation | It would cost you money to have savings...banks would charge interest instead of paying you... He's not talking about your personal loans or accounts. This is national. Federal bonds etc. 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 . Have a nice day = GFY. GFY = Go Fuck Yourself. If this offends you then have a nice day. |
Anonymous Coward User ID: 77933665 United States 09/11/2019 08:03 AM Report Abusive Post Report Copyright Violation | 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 User ID: 77995370 Germany 09/11/2019 08:04 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 39607259 United States 09/11/2019 08:04 AM Report Abusive Post Report Copyright Violation | I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
The Ghost of Comedian
User ID: 49838646 United States 09/11/2019 08:04 AM Report Abusive Post Report Copyright Violation | 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 |
Anonymous Coward User ID: 60316742 Romania 09/11/2019 08:04 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75856653 United States 09/11/2019 08:04 AM Report Abusive Post Report Copyright Violation | It would cost you money to have savings...banks would charge interest instead of paying you... and the fed couldn't make money on interest. I.e. They can't just print money to lend to consumers through banks. So the benefit in the sort term is that you take power away from the entrenched "elite". |
Anonymous Coward User ID: 68903750 United States 09/11/2019 08:05 AM Report Abusive Post Report Copyright Violation | |