The orange thumb demanded that the feds drop rates asap. What do you think? Good or bad for inflation? Good for housing costs? Is it to offset the price of eggs?
The Chosen One’s demand to drop interest rates
- Thread starter IUclover
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Trump wants to end Fed independence. Just like he intends to end DOJ independence. And all federal agency independence. Etc., etc.
None of this should come as a surprise. He talked about this shit on the campaign trail, and much of it is in that 900-page policy document/manifesto, written by key administration officials and staffers, that he insisted he knew nothing about.
Read the portion with the subheading, "Trump's Options for Gaining Control."
He's going to fvck with the Fed and destroy its independence, which is what he wants to do with every federal agency. FTC, FCC, FDA, EEOC, etc. Spelled out in P2025.
And all the idiots who claimed P2025 was irrelevant because Trump alternately referred to portions of it as "ridiculous" and then claimed to know nothing at all about it. Because, of course, Trump has a stellar history of telling the truth.
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Sure if you like chaos.
He's going to provide plenty of posting material, that's for sure. That will be fun.
You know what's funny as hell and sad at the same time? None of you guys are able to defend any of this shit on the merits. You're just in lockstep with whatever he wants/does.
Complete loss of independent/critical/rational thinking. The mind is a terrible thing to waste.
How you guys have unbridled confidence in a man so undeserving is so confusing. Are you looking for a dictator? Seems like it. The Fed needs to be independent.
The concern should be that DJT has demonstrated- on multiple occasions -that his only concern regarding interest rates are that interest rates should be based on what benefits him politically in the short term. Low interest rates are expansionary and therefore good for the short term. The opposite holds. Those are the only two things he understands.
Bowlmania is looking for trump to fail. Correct. But at least trump winning brought back the old bowlmania. I love the tds bowlmania. It's fun.
Put down the bottle, bailey. Turn out the light. Sweet dreams … of Trump. Remember what I said about the dangers of a prolonged hard-on, though.
