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Posted by: thepinetree on 06/24/2019 08:22 AM Updated by: thepinetree on 06/24/2019 08:22 AM
Expires: 01/01/2024 12:00 AM
:

President Trump Tweets Wistfully For Helpful Federal Reserve

WAshington, DC....The latest from the Presidential Fingers on the Fed.."Despite a Federal Reserve that doesn’t know what it is doing - raised rates far too fast (very low inflation, other parts of world slowing, lowering & easing) & did large scale tightening, $50 Billion/month, we are on course to have one of the best Months of June in US history. Think of what it could have been if the Fed had gotten it right. Thousands of points higher on the Dow, and GDP in the 4’s or even 5’s. Now they stick, like a stubborn child, when we need rates cuts, & easing, to make up for what other countries are doing against us. Blew it!"






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The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
No Subject
Posted on: 2019-06-24 08:47:32   By: Anonymous
 
Yet this is HIS handpicked director. Trump is once again deflecting as the economy slows. He’s beginning to learn there are bigger forces at play in the world economy than his whims. The kind of guy who takes credit for anything good but it’s always someone else’s fault otherwise.

[Reply ]

    Reserve Room
    Posted on: 2019-06-24 09:08:26   By: Anonymous
     
    The Fed needs to raise the rate more, so it has more room to lower the borrowing rate when the economy slows, or goes into a recession which many are predicting at the end of the year or early 2020.
    If the economy heats up more it causes inflation, Dump seems to be ignorant of history.
    This has been a historic expansion of the economy due to the quantitative easing policy now gone with literally gave banks money to lend at zero interest.

    Europe was notable to have this policy, and actually has negative interest rates, which means people paid the banks to hold their money.

    We see repeatedly Dump has no sense in many serious parts of his job description, economics one of them, he didn't go bankrupt 5x because he is a genius, quite the opposite.

    [Reply ]

No Subject
Posted on: 2019-06-24 11:16:50   By: Anonymous
 
TOTAL IGNORANCE THIS MAN IS.

[Reply ]


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