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You realize that federal spending increases are largely a product of auto-pilot given mandatory spending + ever increasing debt service payments, thus it doesn't really matter who you put in the White House, deficits are going to get larger and larger, in other words they're structural.
THANKS TO ALL YOU GOVERNMENT WORSHIPING DICKWEEDS ON BOTH SIDES OF THE AISLE THAT HAVE CONSTANTLY PUSHED FOR BIGGER, MORE POWERFUL AND MORE EXPENSIVE CENTRAL GOVERNMENT.
You got what you wanted now choke on it.
Sweden, Denmark, and the ECB have never had negative interest rates before now. That's the definition of unprecedented.What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
You can go back CENTURIES and not find negative interest rates anywhere.
I said almost two years. Trump started his trade war with China in January 2018.Sorry I stopped reading the OP when he said the DOW was flat for 2 years.
What other bullshit did he say?
That's it. It's really the tariffs. Trump is starting to feel the burn. The gop establishment is not going to bail him out on increasing trade deficits and rising consumer prices, just so he can continue tariffs.
LOL, so now you're going to rewrite your history in an attempt to cover up the fact that you misspoke regarding how negative interest rate policy works and when & where it's been implemented in the past.Sweden, Denmark, and the ECB have never had negative interest rates before now. That's the definition of unprecedented.What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
I saw numbers yesterday showing the Dow up 46% since January 2017Deficit Donald's losing trade war has kept the Dow flat for almost two years, has been bankrupting our nation's farmers, and is now risking an imminent recession.
Deficit Donald has been outspending Obama's worst year of spending by a trillion dollars a year. He has added 13 percent to our national debt since taking office. He does this to artificially juice the GDP numbers, but this profligate spending is no longer working for him.
Deficit Donald is the only guy in the world who managed to lose money on steaks, vodka, and gambling, and now he thinks we can refinance our national debt the way you would refinance your mortgage. It just doesn't get any more stupid than that.
Deficit Donald thinks the Fed should enable his massive big government spending by lowering the interest rate into NEGATIVE territory so he can keep borrowing and spending, spending and borrowing.
What dumbass Deficit Donald doesn't understand is that if interest rates go to zero or less, then no one will want to buy his massive debt.
What a fucking idiot.
"OBAMAZ CUMMIN FER YER GUNS, BUY MOAR!!!" was the greatest marketing campaign of all time. The rubes fell for it hook, line, and sinker.
Is this similar to when Obama was the greatest gun salesman the world has ever known?
Deficit Donald Is A Bonehead
Then Overspending Obama must be a complete braindead idiot, because he raised our debt more than all other presidents combined!! Where was your crying sniveling ass then.
What did Obama overspend on?
What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.
How the Negative Interest Rate Policy (NIRP) Works
Read, comprehend and then mend the error of your ways.
Venture forth and sin no more.
How does any of that support negative rates to refinance debt? LOL
Trump is well on his way toward breaking Obama's record.Deficit Donald Is A Bonehead
Then Overspending Obama must be a complete braindead idiot, because he raised our debt more than all other presidents combined!! Where was your crying sniveling ass then.
What did Obama overspend on?
Do you have some sort of memory problem? How many times must it be said: Obama racked up more debt than all other president combined. You just quoted it for fucks sake! WTF us the matter with you.
No, you didn't understand your own link. IF investors OUTSIDE a country are speculating by putting money into a domestic currency by buying bonds, negative rates can, and have, been used to stop the outside money.LOL, so now you're going to rewrite your history in an attempt to cover up the fact that you misspoke regarding how negative interest rate policy works and when & where it's been implemented in the past.Sweden, Denmark, and the ECB have never had negative interest rates before now. That's the definition of unprecedented.What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
Sheesh it's amazing what lengths some people will go to avoid admitting they were wrong.
You seem to be under the unbelievable belief that NIRP does not affect the borrowing rate of a sovereign state and only affects the little people's savings accounts.What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.
How the Negative Interest Rate Policy (NIRP) Works
Read, comprehend and then mend the error of your ways.
Venture forth and sin no more.
How does any of that support negative rates to refinance debt? LOL
Who's trying to support it? I'm just correcting OP's inaccurate definition of what it is, the OP created a thread about something he/she clearly doesn't understand (NIRP).
Personally I think recommending NIRP is beyond INSANE and exactly the opposite of what the long term health of the economy needs.
Deficit Donald Is A Bonehead
Then Overspending Obama must be a complete braindead idiot, because he raised our debt more than all other presidents combined!! Where was your crying sniveling ass then.
What did Obama overspend on?
Do you have some sort of memory problem? How many times must it be said: Obama racked up more debt than all other president combined. You just quoted it for fucks sake! WTF us the matter with you.
What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.
How the Negative Interest Rate Policy (NIRP) Works
Read, comprehend and then mend the error of your ways.
Venture forth and sin no more.
How does any of that support negative rates to refinance debt? LOL
Who's trying to support it? I'm just correcting OP's inaccurate definition of what it is, the OP created a thread about something he/she clearly doesn't understand (NIRP).
Personally I think recommending NIRP is beyond INSANE and exactly the opposite of what the long term health of the economy needs.
What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.It is unprecedented for Sweden, Denmark, and the ECB and the US.Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.If you had to pay someone to borrow money from you, would you lend to them?
Of course not.
No it's not.That's what negative interest rates are, people.
NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".
And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.
How the Negative Interest Rate Policy (NIRP) Works
Read, comprehend and then mend the error of your ways.
Venture forth and sin no more.
How does any of that support negative rates to refinance debt? LOL
Who's trying to support it? I'm just correcting OP's inaccurate definition of what it is, the OP created a thread about something he/she clearly doesn't understand (NIRP).
Personally I think recommending NIRP is beyond INSANE and exactly the opposite of what the long term health of the economy needs.
