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Thread: Trump wants interest rate cuts and more QE

  1. #1

    Thumbs down Trump wants interest rate cuts and more QE

    oh dear... he is economically illiterate

    https://www.politico.com/story/2019/...conomy-1329055



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  3. #2
    duh. He made his money by inheriting a start up sum and then stealing everyone else's property using the system. Most "Biz Ness" guys like him have zero concept of economics. MAGA!
    Whenever you find yourself on the side of the majority, it is time to pause and reflect - Mark Twain

  4. #3

    Trump calls for rate cuts and QE4

    Great, wonderful economies need beautifully cheaper money and the central bank bigly printing money to buy bonds, since buyers are drying up as the dollar global standard dies.

    https://www.cnbc.com/2019/04/05/trum...ng-policy.html

    President Donald Trump said Friday the U.S. economy would climb like “a rocket ship” if the Federal Reserve cut interest rates.

    Commenting after a strong jobs report for March, Trump said the Fed “really slowed us down” in terms of economic growth, and that “there’s no inflation.”

    “I think they should drop rates and get rid of quantitative tightening,” Trump told reporters...


    Interestingly, the article omits that Trump called for QE4 but he did.
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  5. #4
    Trump’s sentiments echo a call by his economic adviser, Larry Kudlow, who last week said the Fed should "immediately" cut interest rates by half a percentage point, a view also shared by Stephen Moore, who the president has pledged to nominate to the central bank.
    I was having deja vu as Kudlow was saying this was a great new economy that would just keep going up! Who remembers the Kudlow vs. Schiff TV debates, with Kudlow telling us everyday about the “Goldilocks” economy, right up until the crash of 2008?
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  6. #5
    Classic Progressive economic right there. Woodrow Wilson would be so proud.
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  7. #6
    I wonder some people still think the president is listening to Rand again. I think he only pretends to listen to him, he is too much of an alpha to listen such a beta like Rand.

    QE4, 0% interest rate and blow a bubble up just enough to win you the election.
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  8. #7
    Quote Originally Posted by Brian4Liberty View Post
    I was having deja vu as Kudlow was saying this was a great new economy that would just keep going up! Who remembers the Kudlow vs. Schiff TV debates, with Kudlow telling us everyday about the “Goldilocks” economy, right up until the crash of 2008?
    Yep Brian I remember those and I also remember the Schiff was right youtube when the anchors would laugh at him.

  9. #8
    Quote Originally Posted by PierzStyx View Post
    Classic Progressive economic right there. Woodrow Wilson would be so proud.

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  11. #9
    When Obama was president, Trump was critical of easing. Now he wants the Fed to juice the money supply to get the economy more over-heated so he looks good. Dow 50,000! He has nominated Fed members he hopes will do that for him but so far they have not gone along. One good argument for an independent Federal Reserve so they don't just do what a president wants.


    Donald Trump: 'What you're seeing and what you're reading is not what's happening'

    "Truth isn't truth"- Rudy Giuliani

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  12. #10
    Quote Originally Posted by Zippyjuan View Post
    When Obama was president, Trump was critical of easing. Now he wants the Fed to juice the money supply to get the economy more over-heated so he looks good. Dow 50,000! He has nominated Fed members he hopes will do that for him but so far they have not gone along. One good argument for an independent Federal Reserve so they don't just do what a president wants.

  13. #11
    Quote Originally Posted by Zippyjuan View Post
    When Obama was president, Trump was critical of easing. Now he wants the Fed to juice the money supply to get the economy more over-heated so he looks good. Dow 50,000! He has nominated Fed members he hopes will do that for him but so far they have not gone along. One good argument for an independent Federal Reserve so they don't just do what a president wants.
    Why would I need a federal reserve ?
    Do something Danke

  14. #12
    Quote Originally Posted by oyarde View Post
    Why would I need a federal reserve ?
    We could put the president or Congress in charge of the money supply.


    Donald Trump: 'What you're seeing and what you're reading is not what's happening'

    "Truth isn't truth"- Rudy Giuliani

    "China has total respect for Donald Trump and for Donald Trump's very, very large brain," - Donald Trump.

    "Yeah, I have to say these guys(trolls) are pretty sharp. Sort of good to get a challenge and sharpen your thoughts." NorthCarolinaLiberty

    I am Zippy and I approve of this post. But you don't have to.

  15. #13
    Quote Originally Posted by Zippyjuan View Post
    We could put the president or Congress in charge of the money supply.
    Probably be better if I do it .
    Do something Danke

  16. #14
    Quote Originally Posted by oyarde View Post
    Probably be better if I do it .
    Got enough silver for everybody?


    Donald Trump: 'What you're seeing and what you're reading is not what's happening'

    "Truth isn't truth"- Rudy Giuliani

    "China has total respect for Donald Trump and for Donald Trump's very, very large brain," - Donald Trump.

    "Yeah, I have to say these guys(trolls) are pretty sharp. Sort of good to get a challenge and sharpen your thoughts." NorthCarolinaLiberty

    I am Zippy and I approve of this post. But you don't have to.

  17. #15
    Quote Originally Posted by Zippyjuan View Post
    Got enough silver for everybody?
    Not going to be able to use anything that valuable , america is down to a copper economy now .
    Do something Danke



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