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

[Coyote]

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.

 

[Marion Morrison]

I got $5 says the Fed hikes interest.

 

[MAGAman]

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.

All big companies benefit.

Quantitative Easing kept America out of recession throughout the Obama years.

 

[hjmick]

Well he didn't seek the office because he cares about the little people...

 

[Oddball]

Interest rates being low saves everyone in debt a lot of money.

 

[Hellokitty]

So liberals think the FED should make decisions based on how it impacts TRUMP's and only TRUMP's companies...

 

[Coyote]

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.

All big companies benefit.

Quantitative Easing kept America out of recession throughout the Obama years.

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.

 

[WelfareQueen]

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.

All borrowers benefit. Is that bad?

 

[Flash]

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.

 

[Augustine_]

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.

Then Reagan immediately tripled the deficit

 

[Thinker101]

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.

Wow, Dec. 16, 2008 the Fed rate was .25%, which is effectively zero. Lowest fed fund rates possible. Between 2008 and 2015, the Fed kept the rate at zero.

July 2019 they were 2.25% and you want to piss and moan because you feel they're too low?

 

[Thinker101]

Trump should just pass a law

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.

Then Reagan immediately tripled the deficit

Gee, how soon some forget about what Obama did.

 

[Augustine_]

Wow, Dec. 16, 2008 the Fed rate was .25%, which is effectively zero.

Because Dubya's economy completely collapsed

 

[Augustine_]

Trump should just pass a law

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.

Then Reagan immediately tripled the deficit

Gee, how soon some forget about what Obama did.

Obama ended a recession. Reagan tripled the deficit. Trump will add at least as much as Obama and most likely more if he wins re-election.

 

[Coyote]

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.

All borrowers benefit. Is that bad?

Depends.

Trump is trying to pressure Powell into a much larger drop than is merited, larger than what they did for the Great Recession. We are not in a recession, so.... Why? What are the motivations here?

Also, adjusting interests rates, which are currently very low, is one o the few tools the Fed can use to try to stave off or come out of a recession. A rush to the bottom would leave no tools should the economy get really bad. I read somewhere that he German federal bank was in that sort of situation and Germany’s economy is also experiencing trouble.

 

[WillowTree]

So if you buy a house when interest rates are low you save thousands and thousand of dollars. Trump is a bastard!

 

[Flash]

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.

Then Reagan immediately tripled the deficit

Yes he did. Debt is bad no matter whose does it. It is always better to reduce spending than it is to borrow money to pay your bills.

However, the difference between Reagan's debt and Obama's debt is pretty significant. Reagan gave us a tremendous economic boom. That asshole Obama increased poverty, decreased family income and inflicted dismal economic growth.

 

[K9Buck]

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.

Low rates are best for America's middle-class, who benefit from being able to pay lower interest on automobile loans and home mortgages. Rich guys like Trump aren't as nearly affected like poor and middle-class Americans, but who cares about them anyway, right?

 

[K9Buck]

Well he didn't seek the office because he cares about the little people...

Actually, he did. He has lost a fortune since he began his campaign.

 

[K9Buck]

Then Reagan immediately tripled the deficit

You don' think the Democratically controlled Congress had anything at all to do with spending? This is where guys like you go off the deep-end. It's as if Reagan was a dictator and every decision made was his alone to make and he didn't have to negotiate with a congress to pass budgets. You contribute nothing to the discussion other than to parrot idiotic remarks.