Don't Cross Our President

[Kahrnut]

 

[Hayata]

Why lower rates?

From my limited understanding by lowering interest rates the US would pay less interest on the public debt. When you're 36 TRILLION dollars in debt maybe it matters or maybe it doesn't.

To me, less interest paid on public debt = good.

Lowering interest rates would also make housing a little more affordable. Cars, too. Less credit card interest. When folks feel like they have a little extra money they tend to spend it, which stimulates the economy - an often added benefit is that employers hire more workers to respond to the additional demand.

And then eventually inflation hits and the cycle starts over again.

Like resetting the matrix.

 

[TheGman]

From my limited understanding by lowering interest rates the US would pay less interest on the public debt. When you're 36 TRILLION dollars in debt maybe it matters or maybe it doesn't.

To me, less interest paid on public debt = good.

Lowering interest rates would also make housing a little more affordable. Cars, too. Less credit card interest. When folks feel like they have a little extra money they tend to spend it, which stimulates the economy - an often added benefit is that employers hire more workers to respond to the additional demand.

And then eventually inflation hits and the cycle starts over again.

Like resetting the matrix.

no argument

 

[GeauxLSU]

While I agree on existance of Fed


Why lower rates?

Because they are currently artificially holding down capital investment.
You think if there was no fed the rates would be higher or lower?
There's your answer.

 

[TheGman]

Because they are currently artificially holding down capital investment.
You think if there was no fed the rates would be higher or lower?
There's your answer.

Im simply interested in opinions.

In theory lower rates increases demand which fuels inflation.

Theoretical double edged sword


I appreciate the opinions if I had the answers I would be rich.

 

[basstracker89]

I wish he could make it so that it's impossible for anyone in India to call anyone in the United States without prior written authorization. I could get behind that overreach.

And Nigeria and.........

 

[basstracker89]

I concur.
Any politician who could limit/reduce unsolicited calls as well as fix the telephone customer service dependency on foreign operators would be elected for life in a landslide.

Well the dems won't vote for that.........🤣

 

[Just1more]

It won't end well

https://twitter.com/x/status/1963927195715547432

Do they really work IT or are they just reading a canned response from a script at a call center for tech support?

 

[TheGman]

Do they really work IT or are they just reading a canned response from a script at a call center for tech support?

Their programmers or whatever its called now (custom programming) is far cheaper than in US

Thats the issue

 

[basstracker89]

Been on the phone with some asscrackastani all morning...it's a maddening experience.

View attachment 9405568

That's as bad as the do not call list.......🤣