- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Trump hits Fed Rate again in this morning's twitter
Posted on 7/19/19 at 7:50 am
Posted on 7/19/19 at 7:50 am
11
Posted on 7/19/19 at 7:56 am to NC_Tigah
Dumb. This is one of the few areas where trump gets it dead arse wrong.
Posted on 7/19/19 at 7:58 am to funnystuff
How?
I want rates to increase because I want the market to correct. But what is your position?
I want rates to increase because I want the market to correct. But what is your position?
Posted on 7/19/19 at 8:02 am to funnystuff
quote:We've had this discussion before.
This is one of the few areas where trump gets it dead arse wrong.
Posted on 7/19/19 at 8:04 am to Mr.Perfect
Amongst other things, a key reason is that I want us to have some buffer room above 0 so that we can use expansionary monetary policy the next time a recession hits. Rates close to 0 force our hand during recessions, giving the fed no ability to counter the downturn. (Note: I’m not at all a fan of the negative interest rate advocates, so I’m treating 0 as the lower bound).
As a very rough rule of thumb, I don’t want rates below 2% when the economy is strong because I want us to be able to use expansionary monetary policy when the economy inevitably weakens. And trump’s economy is damn strong. We can live with 2.5% during a strong economy so that we have the tools available to combat a weak economy.
As a very rough rule of thumb, I don’t want rates below 2% when the economy is strong because I want us to be able to use expansionary monetary policy when the economy inevitably weakens. And trump’s economy is damn strong. We can live with 2.5% during a strong economy so that we have the tools available to combat a weak economy.
Posted on 7/19/19 at 8:07 am to NC_Tigah
As someone who invests in real estate I want it as low as it can go!
Posted on 7/19/19 at 8:07 am to funnystuff
quote:Rates are 2.5%. We could drop that to 2.
As a very rough rule of thumb, I don’t want rates below 2% when the economy is strong because I want us to be able to use expansionary monetary policy when the economy inevitably weakens.
Posted on 7/19/19 at 8:09 am to NC_Tigah
someone on CNBC: so the president should not be making remarks on the FedR as its an "independent" and "non-political" entity, now in order to maintain their "independence" they may need to counter the direction the president is pushing. DJT should keep his opinion to himself
Posted on 7/19/19 at 8:19 am to NC_Tigah
quote:My 2% was a bare minimum benchmark. 2.5 is clearly not crippling our damn strong economy, so might as well keep the extra buffer space.
We can live with 2.5% during a strong economy so that we have the tools available to combat a weak economy.
And be honest, it’s not like a drop from 2.5 to 2 would shut y’all up anyway. Y’all would just keep pushing towards 0 until our safety net was completely gone.
Posted on 7/19/19 at 8:23 am to funnystuff
quote:
As a very rough rule of thumb, I don’t want rates below 2% when the economy is strong because I want us to be able to use expansionary monetary policy when the economy inevitably weakens. And trump’s economy is damn strong. We can live with 2.5% during a strong economy so that we have the tools available to combat a weak economy.
This. Plus we lower the rates while doing quanitative tightening??? What kind of monetary policy is that?
Posted on 7/19/19 at 8:27 am to KeyserSoze999
quote:Cramer has been a berserk stooge on this. Yesterday Cramer started railing on Trump along the lines of funnystuff's critique. Within 5 minutes he was discussing how the Fed had raised rates too quickly, too high, and based on the global environment, should drop rates. Amazing
someone on CNBC: so the president should not be making remarks on the FedR
Posted on 7/19/19 at 8:29 am to trinidadtiger
quote:The kind overseeing a sub2% inflation rate.
What kind of monetary policy is that?
Posted on 7/19/19 at 9:04 am to funnystuff
This a good thread separating the people who took/understand econ 101 vs the people who didn’t.
We need to maintain enough ammo in the gun to intervene when things go south. Lowering the rates when we’re in the midst of a record setting economy is foolish. We can weather any headwinds for now.
We need to maintain enough ammo in the gun to intervene when things go south. Lowering the rates when we’re in the midst of a record setting economy is foolish. We can weather any headwinds for now.
Posted on 7/19/19 at 9:07 am to mwade91383
Drop it 50bps Powell 
Refis/Purchase gonna go cray for another 2 years
Refis/Purchase gonna go cray for another 2 years
Posted on 7/19/19 at 9:10 am to NC_Tigah
The federal reserve is the swamp. They are purposefully trying to put us into a recession like the libs have been praying for this whole time. Imagine if Barry existed in the current interest rate environment! DJT is a GD hero with this economy although the fed is trying to tank it at every move!
Posted on 7/19/19 at 9:10 am to SDVTiger
Sounds like they will by the end of the year (at least 25) but that strikes me as shortsighted and unnecessary....
Posted on 7/19/19 at 9:15 am to mwade91383
quote:I'd bet Trump took economics 101. I'd bet somewhere along the way to making billions, he learned to understand econ 101.
This a good thread separating the people who took/understand econ 101 vs the people who didn’t.
I'd bet Jim Cramer took economics 101. I'd bet somewhere along the way to making his millions, he learned to understand econ 101.
I'd bet Larry Kudlow took economics 101.
I'd bet I'd bet Art Laffer took economics 101.
and I can guarantee you this poster understands "econ 101"
Why not specify what you deem incorrect in the tweet, and we can discuss it.
Posted on 7/19/19 at 9:17 am to funnystuff
I agree with funny stuff but TRUMP is just doing this for strategic reasons, he’d probably agree deep down with keeping the rate higher if he wasn’t Prez.
Posted on 7/19/19 at 9:19 am to mwade91383
quote:
Sounds like they will by the end of the year (at least 25)
The best
Posted on 7/19/19 at 9:20 am to NC_Tigah
He's going to shut it down! 
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News