I wonder what prompted the Fed Chair to warn Trump off politiczing interest rates

Discussion in 'Politics' started by bendog, May 25, 2018.

  1. bendog
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    bendog Gold Member

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  2. Damaged Eagle
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    Damaged Eagle Ride the wind Gold Supporting Member Supporting Member

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    The Fed can go too hell. I can stuff my mattress with $50,000 and lend out $1,000 at 5% annually to make what they want to pay me on my savings account... Or I could just lend out the whole $50,000 at 10% and make 100 times what they're willing to pay.

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  3. bendog
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    bendog Gold Member

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    Are you lending to Trump? Only bankrupts pay those rates.
     
  4. Damaged Eagle
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    Damaged Eagle Ride the wind Gold Supporting Member Supporting Member

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    Go borrow it from Hillary then.

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