Donald Trump wants Federal Reserve Chairman Jerome Powell Out

Samori Toure

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If rates drop the housing market would boom tho.
The booming market in turn would cause more inflation because more borrowers would be seeking loans.

The inflation this country has right now is because of Trump. In his first term he inherited a strong economy from Obama. Trump then initiated giant tax cuts for the wealthy. That tax cut put more money in the hands of people which meant more spending. More spending meant prices went up. That is the issue. The more money that is available the more inflation that will occur. When the economy is strong you raise the taxes not cut them. When inflation is high you raise the interest rate not cut it. Powell is practicing sound fiscal policies. Trump is a very dumb man.
 

jadillac

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The booming market in turn would cause more inflation because more borrowers would be seeking loans.

The inflation this country has right now is because of Trump. In his first term he inherited a strong economy from Obama. Trump then initiated giant tax cuts for the wealthy. That tax cut put more money in the hands of people which meant more spending. More spending meant prices went up. That is the issue. The more money that is available the more inflation that will occur. When the economy is strong you raise the taxes not cut them. When inflation is high you raise the interest rate not cut it. Powell is practicing sound fiscal practices. Trump is a very dumb man.
You're right. I'm just thinking selfishly. Lol.
 

Samori Toure

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You're right. I'm just thinking selfishly. Lol.
I understand. I would like to see rates lowered too, but Powell can't do that because Trump’s tariffs will cause more inflation and a rate cut would kill the economy.

We are in a lot of trouble in this country. I knew that the economy would implode under stupid Trump policies, but there is a worse problem waiting on this country because the consumers have already stopped spending and ignorant Trump policies are making the problem worse by putting tariffs on stuff. Forget recession. This country is lined up for a depression and the bond market is still looking shaky.
 

ORDER_66

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yup everyone trump criticizes should just give in and let trump win: leave a job you love by choice so that he can appoint your replacement.

I'm not talking about criticism I'm specifically referencing the madness that trump is wreaking on the economy with his actions alone...:heh: it's like damn this clown is sinking the ship and i gotta keep us afloat at all costs. and this is supposed to be the president???:heh: cmon bruh...
 

Gloxina

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I'm not talking about criticism I'm specifically referencing the madness that trump is wreaking on the economy with his actions alone...:heh: it's like damn this clown is sinking the ship and i gotta keep us afloat at all costs. and this is supposed to be the president???:heh: cmon bruh...
Well yeah. Ppl like him (and the ppl behind the scenes we will never know) are some of the actual heroes who keep our lives steady. They do it because if they don’t, we will all suffer.
 

Jean toomer

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Well yeah. Ppl like him (and the ppl behind the scenes we will never know) are some of the actual heroes who keep our lives steady. They do it because if they don’t, we will all suffer.
This book illustrates your last sentence.
 

3rdWorld

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Idiot probably thinks that if he gets the rates reduced he'll pay less on those old loans he took out..and also benefit his failing real estate scam.
 

ReturnOfJudah

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Trump is bought and paid for. Whatever country's hand is up Trump ass is doing a good job destroying this country. Whats sad is the men in this country use to be on some "Murica" shyt and would get him outta there immediately. Cac men are gays and gamers now. They ain't got the balls to stand and fight
 

The Intergalactic Koala

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Trump is bought and paid for. Whatever country's hand is up Trump ass is doing a good job destroying this country. Whats sad is the men in this country use to be on some "Murica" shyt and would get him outta there immediately. Cac men are gays and gamers now. They ain't got the balls to stand and fight

Nobody do in this time period.

  • Republicans are shook because that's their cozy chair, pension, and career
  • News networks either focus on the fear and positives, one ounce of negative reaction than that's their payola and financial stability
  • Dems are slowly and surely on the comeup, but the three branches are run with p*ssy ass Republicans and MAGAts
  • Luigi day in the jackal ass cacs won't run up because Trump is not stupid to do anything outside his Carters
  • People including Coli revolutionaries won't do shyt because we are complacent, lazy, and won't let nuts hang because its a losing war
The only way this nightmare would end if for the three branches to war with each other or take a stand against Trump, but they won't because they are p*ssy, Republicans are p*ssy, the current system is p*ssy, and this country is all bark and no bite because we are all pussies.
 

Dameon Farrow

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Talk about the Fed Chair like he is a nobody, brehs.

Man could literally sink him at any minute with a 100 word speech. He can go on his revenge tour all he wants but he better cool it on this tip.
 

King

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Nobody do in this time period.

  • Republicans are shook because that's their cozy chair, pension, and career
  • News networks either focus on the fear and positives, one ounce of negative reaction than that's their payola and financial stability
  • Dems are slowly and surely on the comeup, but the three branches are run with p*ssy ass Republicans and MAGAts
  • Luigi day in the jackal ass cacs won't run up because Trump is not stupid to do anything outside his Carters
  • People including Coli revolutionaries won't do shyt because we are complacent, lazy, and won't let nuts hang because its a losing war
The only way this nightmare would end if for the three branches to war with each other or take a stand against Trump, but they won't because they are p*ssy, Republicans are p*ssy, the current system is p*ssy, and this country is all bark and no bite because we are all pussies.
You’re wrong.

They’re not p*ssy.

They’re getting PAID.

It’s all a big club and you ain’t in it.
 
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