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Started By
Message
The most political biased Federal Reserve Chairman in the history of the Federal Reserve.
Posted on 1/15/26 at 8:18 am
Posted on 1/15/26 at 8:18 am
Jerome Powell needs to just end it and step down. For him to say his Federal Reserve is independent is like saying ICE does not need freezing temperature.
What a moron Jerome Powell has proved himself to be. His greed is beyond words. It is a fact, in its quest to destroy America, the Federal Reserve HATES conservative ideology.
The POLITICAL BIAS of Jerome Powell
What a moron Jerome Powell has proved himself to be. His greed is beyond words. It is a fact, in its quest to destroy America, the Federal Reserve HATES conservative ideology.
quote:
Two months before the 2024 election, Powell dropped rates by 50 basis points, despite inflation not hitting the target. That was essentially a campaign contribution to Democrats.
Powell is intentionally inflating the cost of owning houses by keeping interest rates higher than they should be, all part of his effort to sabotage Trump, at the cost of the American people.
The Federal Reserve under Powell is as independent as the IRS, Justice Department, and other supposedly independent agencies under Obama and Biden, and as independent and objective as most of the media.
The POLITICAL BIAS of Jerome Powell
15
Posted on 1/15/26 at 8:22 am to Timeoday
One of trumps worst decisions was to hire this bum
Posted on 1/15/26 at 8:25 am to Timeoday
Explain how keeping rates high is inflating the cost of houses?
Posted on 1/15/26 at 8:27 am to KiwiHead
quote:
Explain how keeping rates high is inflating the cost of houses?
Ok, here goes.
The higher the interest rate, the higher your mortgage payment will be,
If they lower interest rates, you will pay less for your house.
Posted on 1/15/26 at 8:30 am to Timeoday
His unexpected October rate cut on the eve of the 2024 election was a huge red flag.
Posted on 1/15/26 at 8:35 am to KiwiHead
quote:They can''t.
Explain how keeping rates high is inflating the cost of houses?
Posted on 1/15/26 at 8:39 am to Timeoday
Trump should have vetted him better. Seems to be a pattern
Posted on 1/15/26 at 8:40 am to Timeoday
I love the Democrats, and that is Powell, idea that "independent" means free from investigation and oversight when it is one of them.
If it isn't one of them and you try to enforce a law it is expansion of executive power unconstitutionally.
If it isn't one of them and you try to enforce a law it is expansion of executive power unconstitutionally.
Posted on 1/15/26 at 8:40 am to Timeoday
CuckRussian thinks hes doing a fantastic job and claims he didnt say inflation was transitory 
Posted on 1/15/26 at 8:41 am to KiwiHead
quote:
Explain how keeping rates high is inflating the cost of houses?
The cost of a mortgage has a great deal to do with interest rates.
Have you never had a mortgage?
Posted on 1/15/26 at 8:41 am to CaptEasy
quote:
If they lower interest rates, you will pay less for your house.
So when interest rates were low during COVID, housing prices went down right?
All because the mortgage prices were lower, right?
Your point makes total sense.
Posted on 1/15/26 at 8:42 am to LSURussian
quote:
Explain how keeping rates high is inflating the cost of houses?
They can''t.
Anyone that has ever financed a house (or anything else) can tell you the cost of a basis point. An increase doesn't inflate the value of the property, but it does increase the cost of financing it. That said, interest rates are about money supply not the cost of housing.
And you clowns aren't nearly as clever as you'd like to think.
Posted on 1/15/26 at 8:45 am to CaptEasy
quote:Nope.
The higher the interest rate, the higher your mortgage payment will be,
The higher the mortgage rates are will result in lower demand by buyers to purchase houses.
Lower demand to buy houses results in sellers lowering their asking price.
Lower housing prices results in more affordability for home buyers.
Posted on 1/15/26 at 8:47 am to LSURussian
quote:
The higher the mortgage rates are will result in lower demand by buyers to purchase houses.
This is because the cost of financing it increased, you dunce.
This post was edited on 1/15/26 at 8:48 am
Posted on 1/15/26 at 8:49 am to Wildcat1996
quote:
This is because the cost of financing it increased, you dunce.
Lower rates to zero and watch what happens to home prices Einstein
Posted on 1/15/26 at 8:49 am to Wildcat1996
Aggie, huh? 
Posted on 1/15/26 at 8:50 am to LSURussian
quote:
LSURussian
Stick to shilling for Zelenskyy in the Ukraine Russia threads
Posted on 1/15/26 at 8:51 am to KiwiHead
quote:
Explain how keeping rates high is inflating the cost of houses?
It's inflating the cost of borrowing while keeping demand and the actual sale price of housing lower. You'll either pay a higher price for the house with a lower interest rate, or a lower price for the house with a higher interest rate. In terms of actual house payment, it's probably a wash.
Posted on 1/15/26 at 8:54 am to Gifman
quote:If you can link to a post I've made where I shilled for Zelensky I will self ban from the Poli Board.
Stick to shilling for Zelenskyy in the Ukraine Russia threads
If you can't do that, you self ban. Deal?
Dumbass.
Posted on 1/15/26 at 8:55 am to KiwiHead
quote:Obviously you mean the cost of house FINANCING. 30yFRMs tend to track 10yr Treasuries which fluctuate with FOMC adjustments.
Explain how keeping rates high is inflating the cost of houses?
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