Inflation is up to 3.1%

beenz

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I know bare minimum about the economy. probably just the basic. What do you think will happen if they drop the rates to what trump wants. I’m interested to see what people takes are on it. besides Borrowing being cheaper which is the normally the obvious.

this would increase the amount everyone can borrow, making money too cheap thus increasing the money supply. this means too much money will compete for too few goods and services which will directly cause even more inflation.
 

Sir Richard Spirit

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Can you explain why you highlighted the parts you highlighted? And how it ties in with lowering interest rates


Because the interest on the deficit will kill the economy. Cash, stock markets, crypto will all collapse without a rate cut. They will mean nothing.


This is why I told breh earlier Trump forced a rate cut when he passed his tax cuts.
 

beenz

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Because the interest on the deficit will kill the economy. Cash, stock markets, crypto will all collapse without a rate cut. They will mean nothing.


This is why I told breh earlier Trump forced a rate cut when he passed his tax cuts.

trump has zero understanding of fiscal policies. this is not true.
 

karim

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People only care about the economy if a Dem is in office :yeshrug:
They do also care towards the end of a republicans term, which is why democrats get in office in the frist place, to fix the things republicans broke. But then people get mad that democrats don't fix things fast enough, so they vote republican in the midterms, leading to dems losing the house and being in no position to continue to fix things. That allows a republican to get into office and the cycle repeats.
 

Orange cream shake

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Money becomes accessible. Imagine fighting for high interest rates lol.
oh I’m not fighting for high rates but I also know what comes with drastically reducing it.
this would increase the amount everyone can borrow, making money too cheap thus increasing the money supply. this means too much money will compete for too few goods and services which will directly cause even more inflation.
This man gets it. People are forgetting what brought us to those low rates.
 

gho3st

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Ppl should start refamiliarize themselves with this dread we haven't seen for a long long while

Stagflation.jpg
Inflation going up while demand/gdp going down is alarming :damn:
 

cheek100

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oh I’m not fighting for high rates but I also know what comes with drastically reducing it.

This man gets it. People are forgetting what brought us to those low rates.
past that for me get the ball rolling and let the market adjust
they never gave a shyt about any of that in the past this fake stubbornness by Powell is purely political
 

Orange cream shake

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past that for me get the ball rolling and let the market adjust
they never gave a shyt about any of that in the past this fake stubbornness by Powell is purely political
Ahhh I got time today. So you think powell who was nominated by trump is trying to make a political statement? You think Powell alone is the one making these decisions? Please educate me. I’m trying to be knowledgeable like the coli.
 

cheek100

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Ahhh I got time today. So you think powell who was nominated by trump is trying to make a political statement? You think Powell alone is the one making these decisions? Please educate me. I’m trying to be knowledgeable like the coli.
Haha no he’s not making all the decisions he’s just the guy on the mic. It’s the USA vs The Fed bro
 
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