More liberal disappointment
- Thread starter raleighherdfan
- Start date
Hey asshole, he posted an actual bad link. As in
about:blank
is where his link landed.
I was trying to be polite and let him know so he could edit it. You know, stuff a nice moderator does.
It will be interesting to see how possible inflation issues collide with Trump's desire to keep interest rates as low as possible. God knows he won't be shy about putting pressure on the Fed.
Continued inflation is inevitable IMO. I also believe rising interest rates are necessary at this point....if simply to keep investors interested in the US$.
The last thing we needed after coming through the debt deleveraging (money printing which I believe was needed), post financial crisis, was a continually weakened currency after the recovery began to kick in. For the last 10 years, the world was moving away from US$ as a world reserve currency. Very problematic, more problematic than most people realize.
But lets face it. One of Trump's jobs is to keep businesses "in the game" and confident. Pounding the table and cheering for low interest rate policy is an attempt to do just that. No doubt in my mind that when he put the new Fed Chair in place, he knew what policy (rising rates) was coming.
I agree with this.
What concerns me is inherent inflationary pressures being enhanced with the trade war stuff. Increased prices in autos for one thing might really cause a big hit, especially as rates rise. I think we milked the auto market dry the last few years, and it looks like Ford and GM are expecting a big drop in sales. Job losses in that industry would hit Trump's winning areas hard...Michigan, Ohio, Indiana are the top 3 auto jobs states.
dumbass, obviously, my comment had more to do with your consistent whining about sources that doesn't fit your political view. obviously, you missed that.
Either way, you are still an asshole
I'd bash super liberal sources, but they don't seem to get posted much with dherd in hiding.
