airplanemechanic
Diamond Member
- Nov 8, 2014
- 22,588
- 19,042
- 2,415
Yep, low inflation means rates need to come down.
This should have happened in February.
This should have happened in February.
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Of course you do, why else would you want borrowing to be cheaper? You want to continue to growYou don’t kick and scream for interest rate cuts because the economy is booming.
Trump’s policies are not working as intended.
They were kept artificially low for too long then we got hammered by FJB's inflation and fed money printing and everything stalled.You don’t kick and scream for interest rate cuts because the economy is booming.
Trump’s policies are not working as intended.
Sure, we weren’t better off, like you claimedI heard in the past the moon was made of cheese.
You made up the scenario, you answer it.
Sure, we weren’t better off, like you claimed
You clearly are clueless and in over your head on this subject
Of course you did…Except I never claimed that. Your ignorance of basic economic principles being exposed causes you to create your strawmen to argue against.
Econ 101. You lower rates to try and boost the economy.
A rate cut is signaling that the economy is not doing so well.
LOL.....If people listened to you their net worth would sure take a hit.Except I never claimed that. Your ignorance of basic economic principles being exposed causes you to create your strawmen to argue against.
Econ 101. You lower rates to try and boost the economy.

This clown thinks having high interest rates is a sign of a booming economy! People are gonna get rich paying 15 percent interest on their mortgages!LOL.....If people listened to you their net worth would sure take a hit.
A leftist "economist"....What could go wrong?![]()
Maybe he pines for the Carter years.This clown thinks having high interest rates is a sign of a booming economy! People are gonna get rich paying 15 percent interest on their mortgages!
And they're going to double down on stupid.A rate cut is signaling that the economy is not doing so well.
A 2% inflation target is pie in the sky at this point. We need the economy moving, not stalled because of some old fart that can't speak plain English.
And they're going to double down on stupid.
America is so fucked right now it's not even funny.
LOL.....If people listened to you their net worth would sure take a hit.
A leftist "economist"....What could go wrong?![]()
Biden overspent $2T a year, added to the Debt. Voodoo economics.Congress see's lower rates as a license to spend.
Biden overspent $2T a year, added to the Debt. Voodoo economics.
We'll see how Trump's budget and deficit look in a few years.
Democrats like voodoo...
Well, if democrats won't approve Trump's Appropriations Bills, and we need to keep using CRs, the budget is still Biden's.In a few years? Double speak for saying you are going to ignore the added debt he signs off on.
What good did it do? Long term rates are up. It does not help consumers.
Powell knows the economy is going south but most of the fed members united and preferred to spite trump.
This cut does not help the weak job market. We have the employed, but the unemployed are locked out. Bank accounts have dwindled, credit cards are maxed, and the housing market is crashing. People with lower 30yr interest rates aren’t selling and potential buyers are locked out of affordability. Builders are getting hit by that and the high borrowing rates.
I live in one of the fastest growing areas of Florida and i am watching new home sales support staff getting the pink slip. I know many of them. The realtors remain cause they don’t work for a salary. They just sit sround and play on their phones.
Wait till christmas rolls around.. I too might make my own gifts to make a statement.
Well, if democrats won't approve Trump's Appropriations Bills, and we need to keep using CRs, the budget is still Biden's.
Trump's first budget could be October, give his policies a few months to take effect.