Why don't they just move to a Communist country where everything is "Deep State" already?
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...climb up the "Wall of Worry"?!
Reuters says Trump is in favor of negative interest, or something, related to Fed actions.
Now, I got maybe a buck fifty to my name so I don't understand any of it, but I think that means a reversal of thinking on his part.
Just thought y'all ought to know.
The problem, I think, is inflation vs. slowdown; hard to balance. What I notice is that the Best and Brightest disagree on which it is that's just around the corner.
Post was last edited on September 11, 2019 4:26 PM PDT
Why is it that some will think that a tire sale that offers 25% off on set of 4 is better than buy 3 and get 1 free? Then, the next week, it's buy 2 at regular price and get the other 2 at 50% off. In reality, the final price is the same but sales activity must increase with every change. Obama had something called "Quantitative easing" which was a manipulation of the cost of borrowed money. Many argued that such a plan was hurtful to the regular saver in that banks no longer needed their money and interest rates one could earn plummeted. I guess this might have encouraged some to invest in more risky securities in order to keep up with lost value due to inflation...even though it was rather low. I'm fairly certain that it was the Republicans that didn't like Obama's plan. But, now, Trump seems to want to reverses the recent increases at the federal level. If such happens and investment in riskier securities increases again, it's a sign that a "sale" only works for so long even though the final price doesn't really change. The whole idea is just to keep the money flowing. I've often heard that "change is good" but the reply is that folding money is better.