THE ERA OF TRUMP
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Re: THE ERA OF TRUMP
There ain't no "sweet spot."
We're not playing golf or tennis. You got a tiger by the tail, boy.
We're not playing golf or tennis. You got a tiger by the tail, boy.
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Re: THE ERA OF TRUMP
I'm functionally illiterate on financial matters beyond basic business and household stuff, I'll admit to that. However, even I know that being at 2-5% interest rate is monumentally more stable for money than 0%, free money, Barry O numbers.
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: THE ERA OF TRUMP
Yes, I have.C-Mag wrote: ↑Sat Jul 21, 2018 11:41 amUh, have you followed what the Fed has done on interest rates since 2000 ?SuburbanFarmer wrote: ↑Sat Jul 21, 2018 9:13 amIt’s inevitable. They can only print so much before the currency collapses.
I just find it comical that he was calling bubble during the campaign, then taking ownership of it, and now will be responsible for the Fed chairs that oversee the crash.
In 2000 it was 6%, by the end of
W Bush era: it was - 1.75%
Barry O era: was -2.75% at one point -3.25%
Trump era: +1.75% (18 months)
The sweet spot is 2-5% Which we are finally back in for the first time since early 2008.
https://www.thebalance.com/fed-funds-ra ... ws-3306135
Interest rates are like a steering wheel being applied. QE 1-4 was like flooring the gas pedal and cutting the brake lines.
You’ll find different results, depending on the situation at hand.
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Re: THE ERA OF TRUMP
You're very literate, my man. You know that rates set by the Hamiltonian-Wilsonionan grifters is just an unlubricated reaming. What else do you need to understand?
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Re: THE ERA OF TRUMP
I don't feel like it. I would love to get more red pill knowledge. Fire away.Fife wrote: ↑Sat Jul 21, 2018 11:56 amYou're very literate, my man. You know that rates set by the Hamiltonian-Wilsonionan grifters is just an unlubricated reaming. What else do you need to understand?
I really want to start a movement to tear down statues, portraits and dedications to Hamilton and Wilson.
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: THE ERA OF TRUMP
I wonder what the interbank lending rate would be for gold and silver-based currency..
Would they just hand over gold and silver to banks for free, or is the theiretical basis for fiat money a fucking scam?
Would they just hand over gold and silver to banks for free, or is the theiretical basis for fiat money a fucking scam?
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Re: THE ERA OF TRUMP
SuburbanFarmer wrote: ↑Sat Jul 21, 2018 10:17 amThey live better lives than burger flippers today. Shockingly, nobody wants to work for less than they could get for free.Okeefenokee wrote: ↑Sat Jul 21, 2018 10:12 amAre you serious?
Unemployment is at its lowest level ever.
The only reason anyone doesn't have a job is because they don't want one.
Homeless people today live better lives than burger flippers did 20 years ago because of welfare, so of course they don't want to work when they don't have to.
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Re: THE ERA OF TRUMP
Hell yes!C-Mag wrote: ↑Sat Jul 21, 2018 12:07 pmI don't feel like it. I would love to get more red pill knowledge. Fire away.
I really want to start a movement to tear down statues, portraits and dedications to Hamilton and Wilson.
Those two did more to hurt the US than any foreign enemy
No man's life, liberty, or property are safe while the legislature is in session
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Re: THE ERA OF TRUMP
May as well add FDR to that too with the New Deal...California wrote: ↑Sat Jul 21, 2018 12:46 pmHell yes!
Those two did more to hurt the US than any foreign enemy
#NotOneRedCent
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Re: THE ERA OF TRUMP
https://www.nytimes.com/2018/07/21/us/p ... -fisa.html
Well, well, well... it looks like Trump may have been right about the wire tapping and everything else being a witch hunt.
Well, well, well... it looks like Trump may have been right about the wire tapping and everything else being a witch hunt.
The application shows that the F.B.I. told the court it believed that the person who hired Mr. Steele was looking for dirt to discredit Mr. Trump. But it added that based on his previous reporting history with the F.B.I., in which he had “provided reliable information,” the bureau believed his information cited in the application “to be credible.” It did not use their names.
#NotOneRedCent