MeBelle
MeBelle 4 Prez 2028
- Jul 16, 2011
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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?
All savers pay. Is that good?
If a Democrat gets in there, there will be no savers.
That's odd. I'm a democrat, and I am a saver. In fact it is republicans like Trump who profit by borrowing money to make money off of capital, instead of by working.
Trump isn't a Republican,
The RNC merely afforded Trump a ticket to run on,
"...by borrowing money to make money off of capital..."
BINGO!
A smart businessman uses investestors to build the 'next YUGE thing'.
I'm seriously dismayed regarding the financial ignorance of so many who post on this board!