ColonelAngus
Diamond Member
- Feb 25, 2015
- 55,798
- 58,056
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Does is make sense to keep raising rates when the economy is great?
I dont get it.
I dont get it.
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Its not going to work to lower inflation when the white house keeps printing and spending money we don't have....
What they should be doing is raising taxes to suck some of that money back out of the economy.Its not going to work to lower inflation when the white house keeps printing and spending money we don't have....
What they should be doing is putting Trump's economic team back in their positions and undo everything Biden has done... raising taxes does not fill the treasury... cutting taxes and spawning growth does that... more jobs more investment feeds a broken US treasury... higher taxes gets us less revenue not more....What they should be doing is raising taxes to suck some of that money back out of the economy.
Inflation. They are trying to con-trol it rather than just say "It'll just disappear".
Does is make sense to keep raising rates when the economy is great?
I dont get it.
It's meant to slow things down. To keep inflation in check.Does is make sense to keep raising rates when the economy is great?
I dont get it.
They are raising rates to try and slow down inflation, which will lead to a recession if it isn't there already.
If there was a full blown "classic" recession, almost certainly rates would be going down, often aggressively. Inflation and energy costs among other issues (some might argue the energy issue is self inflicted but I digress) has created a perfect storm of trouble.
IMO, the massive, excessive deficit has assured many of these issues, especially as the economic benefits of this sharply increase debt is suspect.
The long term structural damage to the U.S economy and reserve currency status is yet to be determined.
They are raising rates to try and slow down inflation, which will lead to a recession if it isn't there already.
If there was a full blown "classic" recession, almost certainly rates would be going down, often aggressively. Inflation and energy costs among other issues (some might argue the energy issue is self inflicted but I digress) has created a perfect storm of trouble.
IMO, the massive, excessive deficit has assured many of these issues, especially as the economic benefits of this sharply increase debt is suspect.
The long term structural damage to the U.S economy and reserve currency status is yet to be determined.
Yes. My question was facetious because Biden Dems and the CULT are liars who know the economy sucks.
I a, calling them out on their lies.
It was rhetorical.
sorry, I need my hard earned money to keep up with the Xiden inflation....feel free to give more of your money to the Govt if you wish.What they should be doing is raising taxes to suck some of that money back out of the economy.
What they should be doing is raising taxes to suck some of that money back out of the economy.
Raising rates is supposed to slow down inflation. There is no recession currently but if rates are going to keep raising it will likely create one.Does is make sense to keep raising rates when the economy is great?
I dont get it.