Trump’s company could save millions if interest rates fall like he wants

Discussion in 'Politics' started by Coyote, Aug 25, 2019.

  1. Coyote
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    Coyote Varmint Staff Member Gold Supporting Member

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    Interesting....as we watch Trump berate and publically insult Powell.


    Trump’s company could save millions if interest rates fall like he wants

    The Post notes that just a quarter-point reduction, which many investors now predict will occur in mid-September, could save Trump as much as $275,000 annually on just his Doral loan.

    Bloomberg News reported that every quarter-point reduction could save Trump $850,000 annually, which would create more than $3 million in annual savings if the Fed dropped rates a full percentage point as Trump has demanded.

    The Fed cut short-term rates by a quarter of a percentage point in July, the first such action in more than a decade.
     
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  2. Marion Morrison
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    Marion Morrison BANNED

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    I got $5 says the Fed hikes interest.
     
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  3. MAGAman
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    MAGAman Pro-American Patriot Gold Supporting Member Supporting Member

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    All big companies benefit.

    Quantitative Easing kept America out of recession throughout the Obama years.
     
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  4. hjmick
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    hjmick Gold Member

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    Well he didn't seek the office because he cares about the little people...
     
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  5. Oddball
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    Oddball Unobtanium Member Supporting Member

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    Interest rates being low saves everyone in debt a lot of money.
     
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  6. Hellokitty
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    Hellokitty Gold Member

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    So liberals think the FED should make decisions based on how it impacts TRUMP's and only TRUMP's companies...:icon_rolleyes:
     
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  7. Coyote
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    Coyote Varmint Staff Member Gold Supporting Member

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    The economy is booming. That is what you all are saying. Even in the Great Recession they didn’t drop interest rates by that much.
     
  8. WelfareQueen
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    WelfareQueen Platinum Member

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    All borrowers benefit. Is that bad?
     
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  9. Flash
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    Flash Platinum Member

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    We all would save money if interest rates fall.

    TDS is a serious mental illness. It takes a real sicko to think that a President that encourages lower interest is doing it for his own good.

    I remember that Democrat Jimmy Carter's 15% interest rates and it fucked everybody, businessmen and normal Americans alike.
     
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  10. Augustine_
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    Then Reagan immediately tripled the deficit
     
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