How is Trump going to attempt to fix this market?
- Thread starter Cuddles
- Start date
You misunderstand me. Raising rates make sense, what the other poster is saying makes no sense (to tell the fed to stop printing money when he already is) is what I was responding to.
Every president wants cheap money... leads to rising stock and RE markets, growing economy (even if inflationary), and happy feelings. Doesn't matter about deficits and the growing national debt... that's a problem desired to be left to the next administration (perpetually?). Trump's no different.... whining like a little girl about it. If the Fed tightens, as it probably should, it puts Trump administration at risk. Should surprise nobody.
Trump would like to see the Fed remain "loose and friendly" until after the 2020 election, of course. Powell says, "... his Fed will not be political..." (no matter how much Trump whines?). We'll see.
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Ah, my mistake. I apologize.
But the Fed printing money was under many other administrations. At least now, they're doing the right thing (though Trump again has nothing to do with it short of appointing the Chairman).
If Trump had thought this through, he would have put Powell in place knowing he would do this, and let him know that he'd be a fall guy for it, but it had to be done.
Geez, would Powell (or anybody) take the job* knowing it was already planned that he'd be the chump, regardless??
I'm of the mind that Powell is doing the right thing for a number of reasons... like you said, "has to be done".
Kudlow spewing, "Trump not dictating policy to the Fed". Really? Sounds like he's trying to.
(*Always possible... Trump DID tell Powell he'd publicly be the scapegoat, and Trumpy's whining is just theater. Gotta be careful what you believe these days.)
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Oh my, what am I reading? Someone suggests our president commits suicide? How dare one human being suggest another one do such a thing? No outrage from the resident "centrists" either. No doubt that will be forthcoming. You fucking lefties make this too easy pointing out your utter bullshit. Work on it.
What you wrote makes zero sense. Interest rates are independent of Federal Reserve Money creation.
Do you realize the Federal Reserves creates money by the trillions with electronic key strokes.
You have no idea if they are creating money right now because they don't tell us.
Do you realize the Federal Reserves creates money by the trillions with electronic key strokes.
You have no idea if they are creating money right now because they don't tell us.
I think the fed should've been rising rates from '15 or so. The fed did feel was giving Obama a pass
Supply and demand, fed says rates go up, demand/printing dries up. Fed says rates go down, demand/printing goes up.
I am not arguing that raising rates slows down the economy. I know it could have that effect.
I am stating you have no idea what you are talking about with respect to the fed printing money. You realize they create money don't you? Money supply is independent of demand. If it were othewise we would not have had massive inflation over the last few years. With the dollar being the world currency and the world economy expanding, the dollar should be massively stronger if supply were not independent of demand. (In other words they overwhelmed demand with supply creating inflation.) We should not have experienced massive inflation over the decades but we did. Why? supply.
I am stating you have no idea what you are talking about with respect to the fed printing money. You realize they create money don't you? Money supply is independent of demand. If it were othewise we would not have had massive inflation over the last few years. With the dollar being the world currency and the world economy expanding, the dollar should be massively stronger if supply were not independent of demand. (In other words they overwhelmed demand with supply creating inflation.) We should not have experienced massive inflation over the decades but we did. Why? supply.
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