Mac1958
Diamond Member
I'm tired of asymmetrical conversations here. Believe whatever you want.Wrong. Believe what you will. And it's never Trump's fault, always Obama. I know.Holy crap, so now 2.1% is "Ideal", after we were promised twice that.GDP is down to 2.1%..
No shit Sherlock. Look at post number two. The rate is rated as "Ideal" by economists for the current circumstances.
You're so fucking stupid its unbelievable.
So tell me, expert:
- Why are Treasury yields near record lows?
- Why did market want a 50bps rate drop?
- Why was Trump begging the Fed for a rate drop?
- Why isn't economic activity driving inflation?
Go ahead, expert. Lay it all out for us. Get as specific as you would like. Blow us away.
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Economic activity doesn't drive inflation, bank lending does, since they print money when they give out loans.
The banks have been in a shitty position since 2008. Thus treasuries are selling, which also explains the low rates. Further US has a very high amount of private debt, it's difficult to loan more. The FED needs to pick up the tab in a fcked up situation like this. This was all clear during Obama's time, but now for some reason because of Trump... some people have difficulty with it.
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Which part is wrong?
Isn't it easy to just deflect and not explain.
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