Discussion in 'Current Events' started by Brownslave688, Jul 31, 2019.
Fed Cuts Interest Rates for First Time Since 2008 Crisis
What could possibly go wrong...
Fed went too far by raising rates too much too fast. Backing it off a bit to where it should have been makes sense.
Recessions are bad. They need to naturally happen every now and then. When you try to artificially prop up the economy it may hold off the inevitable for a year or 2 but the outcome will be worse.
That's why the yield curve was inverted
You mean like when they kept the rates artificially low for years under Obama?
So the solution is to double down on a bad decision?
The problem with keeping them low now is there’s no room to do anything when the economy finally tanks
How can they lower rates when it's the strongest economy in the history of mankind?
Because they know the house of cards is very close to crumbling and they need to prop it up for another 16 months
But the tax cut......
We are in one of the longest stretches ever without a recession. It doesn’t much matter what’s done.
dont mention that, they dont like to bring that up or QE that propped up the stock market
if the economy cant handle a .25 reduction then we need a recession, considering raising rates would tank the economy faster
Jerome powell seems to be a bad pick so far, so worried about the non existent inflation
Opinion | The 99% Get a Bigger Raise
You know what growth in wages and income lead to? Inflation.
You know that keeps inflation in check? Higher rates
yes, but there has been no inflation since trump took office
Dennis T made sure we got our 1.9%>>>>
Trump's diversion tatic
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