Trump renews call for negative U.S. interest rates

[Brian4Liberty]

Give me some of that: Trump renews call for negative U.S. interest rates
November 12, 2019

NEW YORK (Reuters) - President Donald Trump on Tuesday renewed his criticism of the Federal Reserve’s raising and then cutting of interest rates, saying the central bank had put the United States at a competitive disadvantage with other countries and calling for negative interest rates.

Trump in a speech to the Economic Club of New York claimed credit for an unparalleled economic boom, which he said was despite the Fed’s rate increases early in his presidency.

“Remember we are actively competing with nations that openly cut interest rates so that many are now actually getting paid when they pay off their loan, known as negative interest. Who ever heard of such a thing?” He said. “Give me some of that. Give me some of that money. I want some of that money. Our Federal Reserve doesn’t let us do it.”
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More: https://www.reuters.com/article/us-u...-idUSKBN1XM2B7

[CCTelander]

The economic idiocy of Trumponomics on full display. And people actually support this economic cretin's policies.

[Brian4Liberty]

Video with more context...

[acptulsa]

The economic idiocy of Trumponomics on full display. And people actually support this economic cretin's policies.

He went broke four times and came out of it with a Manhattan condo with gold plated toilets and his own 727. Now he has parlayed that into the White House and a 747.

Is it surprising that idiots would say, "Give me some if that"? Thing is, we don't get it, we pay for it. We paid to bail out the banks he cheated with bankruptcy and we pay for his jet fuel by having our savings and wages devalued through inflation.

People want some to trickle down. But the wealth of We, the People has been defying gravity for decades. It only trickles up these days.

[CCTelander]

He went broke four times and came out of it with a Manhattan condo with gold plated toilets and his own 727. Now he has parlayed that into the White House and a 747.

Is it surprising that idiots would say, "Give me some if that"? Thing is, we don't get it, we pay for it. We paid to bail out the banks he cheated with bankruptcy and we pay for his jet fuel by having our savings and wages devalued through inflation.

People want some to trickle down. But the wealth of We, the People has been defying gravity for decades. It only trickles up these days.

People would do well to remember that there is no "trickle down," not really. All there reallyis is "get the $#@! out of our way and leave us alone to do it for ourselves."

[acptulsa]

People would do well to remember that there is no "trickle down," not really. All there reallyis is "get the $#@! out of our way and leave us alone to do it for ourselves."

Yes, we'd all be doing well if voters could only learn that.

MAGA? Yo. Politicians have never made America great. Not even once.