g5000
Diamond Member
- Nov 26, 2011
- 125,254
- 68,971
- Thread starter
- #21
The Fed did not tell the GOP and Trump to overspend. The American people did. The pseudocons CHEERED when Trump overspent on tax "reform".They won't have any choice but to raise rates.A debt based economy depends on a growing debt. We have more debt than we do money in circulation. The moment the Fed raises the interest rates you'll know they have decided to take us down.
They won't be able to sell Trump's debt unless they do.
It's not the Fed which will take us down. It is profligate spending by Trump and all who preceded him.
LOL, he, like every other Prez works for the Bankers. He will do what the Fed tells him to do.
You are talking out of your ass.