Powell defies Trump

Trump definitely had hundred and hundreds of billions of wasted dollars. The PPP was one of the most corrupt and wasteful programs in the history of the country.

You guys really don't have the a clue what you're talking about. You just say shit and pretend like it makes sense. It's all emotions with you.
You fool the China virus was caused by the corrupt HHS and fauci working with the Chinese Communists which caused the whole thing fauci should be in federal prison and Chinese Communists should be paying us for what they caused...good news though just announced 😎

 
You fool the China virus was caused by the corrupt HHS and fauci working with the Chinese Communists which caused the whole thing fauci should be in federal prison and Chinese Communists should be paying us for what they caused...good news though just announced 😎

COVID and the response to COVID caused inflation.

What are you going to deflect to next?
 

The Federal Reserve, in a direct slap to Trump's face, decides to hold interest rates steady. They are well aware that Trump's beloved tariffs will lead to inflationary price increases, that we are already seeing. Besides, they know full well that Trump does not have a clue who actually pays the price of tariffs; it's the American consumer, not the country exporting the goods we buy. So he taxes us out of sheer financial ignorance.

Any bets as to when Trump tries to fire Powell; I bet it's within a day or two.

Bigly!!!
Do you know what Powell did?... he hurt American working people trying to buy a home or a car or pay off a loan or advance economically... and he did it because he has TDfuckinS..... so **** him Trump should fire his ass... for the first time since the 80's there was disagreement on the federal reserve board... everyone knows rates should be lowered....
 
Do you know what Powell did?... he hurt American working people trying to buy a home or a car or pay off a loan or advance economically... and he did it because he has TDfuckinS..... so **** him Trump should fire his ass... for the first time since the 80's there was disagreement on the federal reserve board... everyone knows rates should be lowered....
Powell doesn't control the interest rate of your car loan or mortgage.

Lowering Fed rates can spur more inflation, which actually will hurt working people.

And you're lying about "disagreement".

 
Powell doesn't control the interest rate of your car loan or mortgage.

Lowering Fed rates can spur more inflation, which actually will hurt working people.

And you're lying about "disagreement".

Powell doesn't control the interest rate of your car loan or mortgage.
Of course he does... he has total control over rates... and two board governors dissented and wanted rates cut... where do you get your information from?....
 
You fool the China virus was caused by the corrupt HHS and fauci working with the Chinese Communists which caused the whole thing fauci should be in federal prison and Chinese Communists should be paying us for what they caused...good news though just announced 😎

:WooHooSmileyWave-vi:
 
Of course he does... he has total control over rates... and two board governors dissented and wanted rates cut... where do you get your information from?....
The Liptard Daily News, otherwise known as the New York Times.
 
Your auto loans and mortgage rates are set by banks. Not the Fed.
The Federal Reserve's target rate for overnight lending between banks heavily influences the overall interest rate environment... wake up man...
 

The Federal Reserve, in a direct slap to Trump's face, decides to hold interest rates steady. They are well aware that Trump's beloved tariffs will lead to inflationary price increases, that we are already seeing. Besides, they know full well that Trump does not have a clue who actually pays the price of tariffs; it's the American consumer, not the country exporting the goods we buy. So he taxes us out of sheer financial ignorance.

Any bets as to when Trump tries to fire Powell; I bet it's within a day or two.

Bigly!!!
So, you’re in favor of politicizing the fed?
 
The Federal Reserve's target rate for overnight lending between banks heavily influences the overall interest rate environment... wake up man...
When I read comments from Democrats like Mariner’s, showing such ignorance of how interest rates work, it scares me that they have a vote.
 
Do you think the banks just pull a number out of their ass... you are uneducated so get educated before you post here... dumbass...
If Powell weren’t so infected with TDS and would be willing to do the right thing, the rate on my home equity loan - and those of millions of other Americans - would drop.

I don’t have a car loan or CC debt, but those would drop for the tens of millions of Americans who do.

Same with new mortgage rates, and rates on existing ARM mortgages - tens of millions of Americans would save a fortune.
 
15th post
The Federal Reserve's target rate for overnight lending between banks heavily influences the overall interest rate environment... wake up man...
Bank loan rates are typically reflective of 10 year treasury rates.

Not the Fed rates.
 
If Powell weren’t so infected with TDS and would be willing to do the right thing, the rate on my home equity loan - and those of millions of other Americans - would drop.

I don’t have a car loan or CC debt, but those would drop for the tens of millions of Americans who do.

Same with new mortgage rates, and rates on existing ARM mortgages - tens of millions of Americans would save a fortune.
Mortgage rates reflect 10 year treasury yields.

Those rates are influenced by other factors including federal budget policy and trade policy.

You guys really don’t know what you’re talking about.
 
If Powell weren’t so infected with TDS and would be willing to do the right thing, the rate on my home equity loan - and those of millions of other Americans - would drop.

I don’t have a car loan or CC debt, but those would drop for the tens of millions of Americans who do.

Same with new mortgage rates, and rates on existing ARM mortgages - tens of millions of Americans would save a fortune.
Right now due to high interest rates homes are not selling... this harms builders and contractors of every skill and craft... those are the little guys out there and they are struggling for work and are laying off employees...
At a time when the economy is otherwise good... tradesmen don't have work all because Powell hates Trump....
 
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