Americans' confidence in finding a new job falls to record low

[Unkotare]

Friend of mine starts his new job this coming up monday. That's after 4 years of being unemployed.

Side note, no policies regardless of republican or democrat was why he was out of work for so long. Just him battling depression. I only add that because I know some people are going to try and make political jabs when politics had nothing to do with him not working.

4 years? That must have been some extreme depression.

 

[Sherlock Holmes]

When the Fed Reserve lowers the rate in Sept. watch what happens then.

People's savings accounts start to pay less interest and so they'll withdraw their money perhaps selling dollars for some other currency. That would lower the value of the dollar and reduce your buying power, it would look like inflation was rising.

You might be up to your neck in credit card debt and car loans so need low rates, but savers want rates to rise.

Buy some books, stop listening to the magats.

 

[Meister]

People's savings accounts start to pay less interest and so they'll withdraw their money perhaps selling dollars for some other currency. That would lower the value of the dollar and reduce your buying power, it would look like inflation was rising.

You might be up to your neck in credit card debt and car loans so need low rates, but savers want rates to rise.

Buy some books, stop listening to the magats.

When talking about the economy, businesses and wages, lower fed rates are important.

More than a savings account.
sheesh, that was a shallow minded post by NSS.

 

[22lcidw]

It's still a lie. I didn't join the ranks of the tRumpling faithful in blaming Joe Biden for what was a worldwide phenomenon, but I certainly cared.

You embrace violence, arson and murder for your objectives. This is not blaming Joe alone. It is that the Progressives lied. And then lied some more. Four years of pure lies. And any good that Democrats do, under the radar do to that.

 

[Sherlock Holmes]

When talking about the economy, businesses and wages, lower fed rates are important.

More than a savings account.
sheesh, that was a shallow minded post by NSS.

This is the value of the dollar, as you can see since trump took office its been falling, this metric is crucial for foreign investment. Why would foreign investors want to buy US Bonds when the currency used to pay interest payments on those bonds, is falling?

Unlike domestic metrics trump can't fiddle these numbers.

and

So far as John Doe is concerned prices are rising, it looks just like inflation, we must pay more dollars for imported goods than we were in December and this is an addition to tariffs!

Buy some books.

 

[Meister]

This is the value of the dollar, as you can see since trump took office its been falling, this metric is crucial for foreign investment. Why would foreign investors want to buy US Bonds when the currency used to pay interest payments on those bonds, is falling?

View attachment 1160320

and

View attachment 1160321

You being a foreigner would not understand the concept, and certainly cannot connect some dots.
America First, not Foreigners First.
Lower rates means small businesses can barrow money at a lower rate.
Our national debt interest rate becomes much cheaper for us.
Home mortgages rates are cheaper and more young people can qualify
for the loan, etc

You can't really be this stupid, can you?
Now go pound sand in your sandbox, son.

 

[Sherlock Holmes]

You being a foreigner would not understand the concept, and certainly cannot connect some dots.
America First, not Foreigners First.

Foreign tourists are cleaning up, they need to spend less dollars in the US than they did six months ago, so this is Foreigners First actually, tourists benefit hugely from a weak dollar, but Americans do not,

Lower rates means small businesses can barrow money at a lower rate.

Ya don't say!

Our national debt interest rate becomes much cheaper for us.

90% of US national debt is in the form of foreign owned fixed rate bonds, fed interest rate changes have no effect on our repayments. Since you've never even heard of a bond let alone a fixed rate bond, you must regurgitate magat fantasy.

Home mortgages rates are cheaper and more young people can qualify.

Yes I know, did I say otherwise?

for the loan, etc

You can't really be this stupid, can you?
Now go pound sand in your sandbox, son.

Buy some books.

 

[Meister]

Foreign tourists are cleaning up, they need to spend less dollars in the US than they did six months ago, so this is Foreigners First actually, tourists benefit hugely from a weak dolllar.


Ya don't say!

90% of US debt is in the form of fixed rate bonds, fed interest rate changes have no effect on our repayments. Since you've never even heard of a bond let alone a fixed rate bond, you spout magat fantasy.

Yes I know, did I say otherwise?

Tourism??? You think the government tinkers with the fed rate for ...."tourism".
Our debt is rising we can borrow money at a cheaper rate and pay off the high interest bonds on the call date,
not the maturity date..
It was done to me this past year. You don't know what I've heard of, or haven't heard of, Tiger.
It really makes you look stupid.
sheesh

 

[BothWings]

Bullshit. A 30yr old clerk/co-worker of mine who was with the company for 14 years suddenly just up and applied at a doctor's office and got hired as a billing specialist for about $3 more than she was making with us. She even has a weed card and has a little in her system when tested and they STILL hired her....without experience. That part was the surprise, but not the rest. Many places are desperate right now and will hire anyone they think they can train who is responsible, ethical, punctual and intelligent and absorbs new knowledge quickly. Some of us are following suit.

 

[Sherlock Holmes]

Tourism??? You think the government tinkers with the fed rate for ...."tourism".

No, you're struggling to understand English, I said foreign tourists need to spend fewer dollars than they did six months ago, they directly benefit from a weak dollar. Foreign tourism is both down and generating less domestic dollars = not good for our business that depend on tourism = possible layoffs...

Our debt is rising we can borrow money at a cheaper rate and pay off the high interest bonds on the call date,

90% of our national debt is fixed rate, interest rates have no relevance to a fixed rate loan. If interest rates fall then a fixed rate bond becomes more valuable (because if the rate is 1% and the coupon rate on the bond is 4% the bond holder earns 4 times as much as he would if the money were in a bank account.

Conversely if interest rate rise fixed rate bonds become less valuable.

not the maturity date..

Our fixed rate bonds do not have "call dates" they have coupon dates (I used to work in trading systems software by the way, that gives me an advantage over you) on those coupon date a repayment become due and its rate is fixed by whatever the bond coupon rate was when it was issued.

It was done to me this past year. You don't know what I've heard of, or haven't heard of, Tiger.
It really makes you look stupid.
sheesh

By some books.

 

[Bootstraps]

4 years? That must have been some extreme depression.

Out of respect for him, I won't go into it. At least he's doing something now though.

 

[Woodznutz]

Oh brother, there are several factors that creates
inflation, not just one.

Inflation is set in motion only when people actually pay the increased prices.

 

[Meister]

.

No, you're struggling to understand English, I said foreign tourists need to spend fewer dollars than they did six months ago, they directly benefit from a weak dollar. Foreign tourism is both down and generating less domestic dollars = not good for our business that depend on tourism = possible layoffs...

90% of our national debt is fixed rate, interest rates have no relevance to a fixed rate loan. If interest rates fall then a fixed rate bond becomes more valuable (because if the rate is 1% and the coupon rate on the bond is 4% the bond holder earns 4 times as much as he would if the money were in a bank account.

Conversely if interest rate rise fixed rate bonds become less valuable.

Our fixed rate bonds do not have "call dates" they have coupon dates (I used to work in trading systems software by the way, that gives me an advantage over you) on those coupon date a repayment become due and its rate is fixed by whatever the bond coupon rate was when it was issued.

By some books.

Not sure about all your double talk. Our coupons are the percent, the call date is an earlier date than the maturity date on which they can buy back bond. Not that confusing., and I'm not sure you understand the reasoning for lowering the fed rate.

Savings accounts?

 

[Crepitus]

You embrace violence, arson and murder for your objectives. This is not blaming Joe alone. It is that the Progressives lied. And then lied some more. Four years of pure lies. And any good that Democrats do, under the radar do to that.