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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe reason trump wants the Fed to lower interest rates to 0% is to reduce interest on the massive
debt he created
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The reason trump wants the Fed to lower interest rates to 0% is to reduce interest on the massive (Original Post)
still_one
Sep 2019
OP
More immediately, try and boost the economy upwards for his re-election campaign.
empedocles
Sep 2019
#1
A chunk of that 40% is not so blind - but as trump fully recognizes and very effectively
empedocles
Sep 2019
#8
I half expect him to fire the Fed Chief and lower the interest rates himself via EO.
no_hypocrisy
Sep 2019
#4
Yes, through competitive bidding, but lowering the fed funds rate affects borrowing, and
still_one
Sep 2019
#9
I wonder if thats why he is pushing this trade war to crush the US economy to try and
cstanleytech
Sep 2019
#10
empedocles
(15,751 posts)1. More immediately, try and boost the economy upwards for his re-election campaign.
still_one
(92,115 posts)2. and/or to think that it would soften the impact from the trade war he created
empedocles
(15,751 posts)5. Agreed.
still_one
(92,115 posts)7. It is insane, and that 40% of the populous blindly follow him is unbelievable
empedocles
(15,751 posts)8. A chunk of that 40% is not so blind - but as trump fully recognizes and very effectively
and successfully uses, is that 'they' want mo part of what trump calls 'the far left'.
rampartc
(5,400 posts)3. lower interest also reduces the projected value of various pots of money
like the social security trust fund and postal retirement fund, furthering repub plans to dismantle these programs.
no_hypocrisy
(46,065 posts)4. I half expect him to fire the Fed Chief and lower the interest rates himself via EO.
empedocles
(15,751 posts)6. Feds can only affect short term interest rates. Bonds are market driven.
still_one
(92,115 posts)9. Yes, through competitive bidding, but lowering the fed funds rate affects borrowing, and
has an impact on long term interest rates also
cstanleytech
(26,276 posts)10. I wonder if thats why he is pushing this trade war to crush the US economy to try and
force the FED to lower rates to stimulate it?
Yavin4
(35,430 posts)11. There's no strategy whatsoever behind anything that Trump does
He just tries to manipulate headlines.
cstanleytech
(26,276 posts)12. "He just tries to manipulate headlines." Wouldn't that be a "strategy"?
Yavin4
(35,430 posts)13. No. That's an impulse.
cstanleytech
(26,276 posts)16. Point to you. nt
democratisphere
(17,235 posts)14. Feeble attempt to avoid his SEVENTH bankruptcy which will be US.
nykym
(3,063 posts)15. He needs to
refinance his own personal corporate debt.