Trump calls for politicians to control interest rates and inflation

[bendog]

He's literally no different from AOC

MSN

and neither has memories capable of recalling Nixon punking Arthur Burns, and the resulting 20% rates.

 

[Rawley]

He's literally no different from AOC

LOL

 

[shockedcanadian]

He's literally no different from AOC

MSN

and neither has memories capable of recalling Nixon punking Arthur Burns, and the resulting 20% rates.

I believe he said that leaders should have input.

It's difficult to say, after all, didn't 100 "top economists" say that signing the I.R.A wouldn't contribute to inflation?

Those who signed that letter face zero consequences when they should be disbarred from speaking about economics ever again. The media who parroted their efforts are just as complicit.

 

[bendog]

go back to canada because you have no clue as to our history with inflation.

 

[shockedcanadian]

go back to canada because you have no clue as to our history with inflation.

Check out my history, I called out the I.R.A BEFORE it was signed and begged Manchin not to agree to it. I know economics, that was elementary.

 

[Harpy Eagle]

He's literally no different from AOC

MSN

and neither has memories capable of recalling Nixon punking Arthur Burns, and the resulting 20% rates.

There is literally nothing Trump does not want to control

 

[1srelluc]

Great idea.....Disband congress for a few years.

 

[g5000]

One of the key factors behind the recent inflation was that the Federal Reserve kept interest rates too low for too long.

In 2021, they hesitated at a crucial time, believing inflation was not a danger. They realized only after it was too late and inflation had taken off.

Fed will not raise rates on inflation fears alone, Powell says​

Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation.

"We will not raise interest rates pre-emptively because we fear the possible onset of inflation. We will wait for evidence of actual inflation or other imbalances," Powell said in a hearing before a U.S. House of Representatives panel.


Powell fucked up. Bigly.



Now let's roll back to 2019 during a period when Trump was failing to grow the economy his promised 4 to 6 percent, despite spending like a madman to artificially juice GDP.

His solution? NEGATIVE interest rates!

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest Rates Below Zero​

​

The real bonehead in the picture was Donald Trump.

Trump railed that other countries were doing it, and so should we.

So how did that work out for those other countries?

They have worse inflation than we do.

This is exactly why we don't want populists anywhere near the monetary printing press.


Fast forward to today:

Donald Trump wants a 'say' in setting interest rates​

Former President Donald Trump said Thursday that he would like a "say" in setting interest rates if he is reelected, further raising the prospect that the Republican nominee could seek to reduce the independence of the Federal Reserve if he wins in November.

"I feel the president should have at least say in there, yeah, I feel that strongly," the presidential candidate said in response to a question about the US central bank interest rate policy and the prospects of a soft landing for the US economy.


Donald Trump is once again demonstrating his ignorance and stupidity.

 

[marvin martian]

One of the key factors behind the recent inflation was that the Federal Reserve kept interest rates too low for too long.

In 2020, they hesitated at a crucial time, believing inflation was not a danger. They realized only after it was too late and inflation had taken off.

Fed will not raise rates on inflation fears alone, Powell says​

​

Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation.

"We will not raise interest rates pre-emptively because we fear the possible onset of inflation. We will wait for evidence of actual inflation or other imbalances," Powell said in a hearing before a U.S. House of Representatives panel.
Powell fucked up. Bigly.

Now let's roll back to 2019 during a period when Trump was failing to grow the economy his promised 4 to 6 percent, despite spending like a madman to artificially juice GDP.

His solution? NEGATIVE interest rates!

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest Rates Below Zero​

​

The real bonehead in the picture was Donald Trump.
Trump railed that other countries were doing it, and so should we.
So how did that work out for those other countries?
They have worse inflation than we do.

This is exactly why we don't want populists anywhere near the monetary printing press.


Fast forward to today:

Donald Trump wants a 'say' in setting interest rates​

​

Former President Donald Trump said Thursday that he would like a "say" in setting interest rates if he is reelected, further raising the prospect that the Republican nominee could seek to reduce the independence of the Federal Reserve if he wins in November.

"I feel the president should have at least say in there, yeah, I feel that strongly," the presidential candidate said in response to a question about the US central bank interest rate policy and the prospects of a soft landing for the US economy.


Donald Trump is once again demonstrating his ignorance and stupidity.

LOL!

Trump's record on inflation is well-documented.

So is Harris/Biden's.

LOL

 

[struth]

One of the key factors behind the recent inflation was that the Federal Reserve kept interest rates too low for too long.

In 2021, they hesitated at a crucial time, believing inflation was not a danger. They realized only after it was too late and inflation had taken off.

Fed will not raise rates on inflation fears alone, Powell says​

​

Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation.

"We will not raise interest rates pre-emptively because we fear the possible onset of inflation. We will wait for evidence of actual inflation or other imbalances," Powell said in a hearing before a U.S. House of Representatives panel.
Powell fucked up. Bigly.

Now let's roll back to 2019 during a period when Trump was failing to grow the economy his promised 4 to 6 percent, despite spending like a madman to artificially juice GDP.

His solution? NEGATIVE interest rates!

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest Rates Below Zero​

​

The real bonehead in the picture was Donald Trump.
Trump railed that other countries were doing it, and so should we.
So how did that work out for those other countries?
They have worse inflation than we do.

This is exactly why we don't want populists anywhere near the monetary printing press.


Fast forward to today:

Donald Trump wants a 'say' in setting interest rates​

​

Former President Donald Trump said Thursday that he would like a "say" in setting interest rates if he is reelected, further raising the prospect that the Republican nominee could seek to reduce the independence of the Federal Reserve if he wins in November.

"I feel the president should have at least say in there, yeah, I feel that strongly," the presidential candidate said in response to a question about the US central bank interest rate policy and the prospects of a soft landing for the US economy.


Donald Trump is once again demonstrating his ignorance and stupidity.

Xidenflation was caused by unnecessary Govt spending, and xiden and Harris's war on the working class. Interest rates do need to come down, but right now they have been the only thing bringing down Xidenflation from it's near double digit peak....the problem we are having now is the Trump jobs are being eaten up by it, and UE rate is starting to tick back up. Trump is going to inherit another mess by the demafascsit, not just economically, but globally...and he will fix it

 

[g5000]

Xidenflation was caused by unnecessary Govt spending, and xiden and Harris's war on the working class. Interest rates do need to come down, but right now they have been the only thing bringing down Xidenflation from it's near double digit peak....the problem we are having now is the Trump jobs are being eaten up by it, and UE rate is starting to tick back up. Trump is going to inherit another mess by the demafascsit, not just economically, but globally...and he will fix it

Biden had nothing to do with inflation.

"unnecessary Govt spending"? You mean Trump's $8 trillion of debt.

 

[bendog]

One of the key factors behind the recent inflation was that the Federal Reserve kept interest rates too low for too long.

In 2021, they hesitated at a crucial time, believing inflation was not a danger. They realized only after it was too late and inflation had taken off.

Fed will not raise rates on inflation fears alone, Powell says​

Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation.

"We will not raise interest rates pre-emptively because we fear the possible onset of inflation. We will wait for evidence of actual inflation or other imbalances," Powell said in a hearing before a U.S. House of Representatives panel.


Powell fucked up. Bigly.



Now let's roll back to 2019 during a period when Trump was failing to grow the economy his promised 4 to 6 percent, despite spending like a madman to artificially juice GDP.

His solution? NEGATIVE interest rates!

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest Rates Below Zero​

​

The real bonehead in the picture was Donald Trump.

Trump railed that other countries were doing it, and so should we.

So how did that work out for those other countries?

They have worse inflation than we do.

This is exactly why we don't want populists anywhere near the monetary printing press.


Fast forward to today:

Donald Trump wants a 'say' in setting interest rates​

Former President Donald Trump said Thursday that he would like a "say" in setting interest rates if he is reelected, further raising the prospect that the Republican nominee could seek to reduce the independence of the Federal Reserve if he wins in November.

"I feel the president should have at least say in there, yeah, I feel that strongly," the presidential candidate said in response to a question about the US central bank interest rate policy and the prospects of a soft landing for the US economy.


Donald Trump is once again demonstrating his ignorance and stupidity.

His mini-me wants to not just ressurect the dems infationary child tax credit to non-workers, but to expand it to all earners. lol

 

[kyzr]

Biden had nothing to do with inflation.

"unnecessary Govt spending"? You mean Trump's $8 trillion of debt.

Inflation was 1.5% under Trump.

Biden's massive spending and massive borrowing and open borders letting 12,000,000 migrants into the US eating groceries and using resources like housing created inflation. Its called "the Law of supply & demand" dumbass.

HERE ARE THE BUDGETS THAT PROVE BIDEN CAUSED INFLATION:
Biden’s 2025 Budget is $7.30T with a $1.8T deficit______TOTAL BIDEN $6.9T
Biden’s 2024 Budget was $7.30T with a $2.0T deficit
Biden's 2023 Budget was $6.13T with a $1.7T deficit
Biden's 2022 Budget was $6.27T with a $1.4T deficit
Trump's 2021 Budget was $6.82T with a $2.8T deficit___ TOTAL TRUMP $7.6T (actual)
Trump's 2020 Budget was $6.55T with a $3.1T deficit
Trump's 2019 Budget was $4.40T with a $0.9T deficit
Trump's 2018 Budget was $4.10T with a $0.8T deficit

 

[struth]

Biden had nothing to do with inflation.

"unnecessary Govt spending"? You mean Trump's $8 trillion of debt.

nope, inflation rate was normal under Trump.

Xiden and Harris...and a Dembot Congress caused it.

THeir war on the working class....which included vowing to end fossil fuels, open border, artifically raising the cost of unskilled labor, student loan forgivness, the list goes on

Liberals Dreamed of This Economy For Decades. What If Voters Don’t Like It?​

https://www.politico.com/news/magazine/2024/02/16/democrats-economy-inflation-column-00141816

POLL: Even Dems Blame Biden for Soaring Inflation​

POLL: Even Dems Blame Biden for Soaring Inflation – Ways and Means

waysandmeans.house.gov

 

[g5000]

Inflation was 1.5% under Trump.

Inflation does not happen at the flip of a switch. Only an ignorant fool thinks so.

The effects of economic policy take time to manifest.

Trump is definitely responsible, in part, for inflation.

Inflation was caused by years and years of QE and massive government overspending (including Trump's $8 trillion of debt), followed by a total shutdown of our economy due to a pandemic, followed by a massive demand surge after the pandemic fueled by stimulus payments which caused the supply chain to be overwhelmed.

Too much money chasing too few goods.

DUH!

And guess who wanted MOAR stimulus money flooding the economy?

Go ahead. Guess.





.

Trump says he wants a bigger stimulus package than the $2.2 trillion amount that Democrats are seeking​

Naked vote buying.

 

[struth]

Inflation does not happen at the flip of a switch. Only an ignorant fool thinks so.

The effects of economic policy take time to manifest.

Trump is definitely responsible, in part, for inflation.

Inflation was caused by years and years of QE and massive government overspending (including Trump's $8 trillion of debt), followed by a total shutdown of our economy due to a pandemic, followed by a massive demand surge after the pandemic fueled by stimulus payments which caused the supply chain to be overwhelmed.

Too much money chasing too few goods.

DUH!

And guess who wanted MOAR stimulus money flooding the economy?

Go ahead. Guess.





.

Trump says he wants a bigger stimulus package than the $2.2 trillion amount that Democrats are seeking​

Naked vote buying.

agreed it doesn't happen at the flip of a switch...that's why it was nearly well into 2022, almost two years into Harris and Xiden's term that we got near double digit xidenflation.

 

[whitehall]

It's such a cheap shot but typical of ignorant lefties days. Nobody (even democrats) wants inflation. If the crazy left had any sense they would offer an argument about policies. As a matter of fact Trump vows to lower energy prices and energy prices are the key to lower inflation.

 

[g5000]

agreed it doesn't happen at the flip of a switch...that's why it was nearly well into 2022, almost two years into Harris and Xiden's term that we got near double digit xidenflation.

That was because the Fed refused to raise interest rates in 2021.

Rates which would have been NEGATIVE if Trump got his way.

Imagine the inflation we would have under his idiotic scheme.

Oh. You don't have to imagine. You just have to look at the inflation rates of those countries which did go negative.

Trump's an idiot, and he wants to make things worse.

 

[JohnDB]

One of the key factors behind the recent inflation was that the Federal Reserve kept interest rates too low for too long.

In 2021, they hesitated at a crucial time, believing inflation was not a danger. They realized only after it was too late and inflation had taken off

Which is to say that their (and your) concepts of what causes inflation are wrong.

I'm aware of the Federal Reserv's notions about what is required to create a strong economy....and none of the Federal Reserve Board members during prosperous times agrees with their philosophies.

And it's a huge huge problem.

And between Yellen and the Federal Reserve we have a huge problem. One that the President can indeed fix.

The problem is in replacing them. Just like the SEC chairman. Finding one that is competent while not so blindly corrupt and actually has ordinary people as their primary concern is the problem.

There ain't many.

They exist but are very difficult to find.

 

[kyzr]

Inflation does not happen at the flip of a switch. Only an ignorant fool thinks so. The effects of economic policy take time to manifest.
Trump is definitely responsible, in part, for inflation. Inflation was caused by years and years of QE and massive government overspending (including Trump's $8 trillion of debt), followed by a total shutdown of our economy due to a pandemic, followed by a massive demand surge after the pandemic fueled by stimulus payments which caused the supply chain to be overwhelmed.

Too much money chasing too few goods. DUH! And guess who wanted MOAR stimulus money flooding the economy?
Go ahead. Guess. Naked vote buying.

1. Trump did not cause the Covid pandemic and the shutdown and the stimulus. Fau-Chi caused the pandemic with his illegal funding of gain-of-function research on bat viruses at the Wuhan Lab.

2. Naked vote buying? Like forgiving student loans, or copycat no taxing tips?