ZERO or less

[doowdniw]

Does anyone here think the Fed dropping interest rates to "ZERO or less" now is a good idea?

Sounds like Pussyassbitch may be getting a little concerned about the economy ahead of the election. Either that or he has a bunch of personal floating rate debt.

 

[rae121452]

"or less"? what, my credit card company is going to start paying ME?

 

[BoyNextDoor]

"or less"? what, my credit card company is going to start paying ME?

Nope, but your savings account will pay the bank

 

[BoyNextDoor]

Does anyone here think the Fed dropping interest rates to "ZERO or less" now is a good idea?

Sounds like Pussyassbitch may be getting a little concerned about the economy ahead of the election. Either that or he has a bunch of personal floating rate debt.

I do not see it as smart. It is generally considered a desperate activity. I thought the economy was great?

President Pinocchio as a highly leveraged real estate developer that goes bankrupt because he cannot pay his mortgage likes the idea because he sees it as free money.

 

[doowdniw]

Nope, but your savings account will pay the bank

Pussyassbitch urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to refinance Treasury debt at a lower cost.

Hmmm. Maybe someone should mention to Pussyassbitch the noncallable nature of Treasury issues.

 

[Adre]

There was a time when Rethugs actually despised deficits and artificially low interest rates.

 

[BoyNextDoor]

There was a time when Rethugs actually despised deficits and artificially low interest rates.

The mindless masses of the alt-Right think as they are told as long as the person doing the telling wears a crucifix around their neck and has an American flag pin on their lapel.

 

[Adre]

“Acting White House chief of staff Mick Mulvaney told Commerce Secretary Wilbur Ross to have NOAA repudiate forecasters who pushed back on Trump’s claim, according to a report by The New York Times. The stupidity began earlier this month after Trump falsely tweeted that Alabama would be one of the states to be hit by the hurricane.”

And this idiot is trying to guide the Fed. God help us.

 

[Go_Fuck_Yourself]

https://img11.pixhost.to/images/182/46968947_tumblr_o96d27m1wv1vxckzfo5_500.jpg

 

[someoneyouknow]

The reason the con artist wants zero or negative rates is because of the huge amount of loans he has outstanding. Lowering rates reduces the interest he has to pay on loans he took out for his failing properties.