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Yavin4

(37,182 posts)

9. With low interest rates, Trump and the Republicans can cut taxes on the wealthy, engage in wars,

Reply to Hoyt (Reply #6)

Tue Nov 29, 2016, 12:19 AM

Nov 2016

and de-regulate us into another massive credit bubble. All of which would damage us much more than slightly higher unemployment.

It's fine to have low rates when reasonable people run the government, but when lunatics are at the helm with no one to check them is the reason why the Fed was created in the first place.

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Janet Yellen and the Federal Reserve needs to raise interest rates soon and often [View all] Yavin4 Nov 2016 OP

They won't give a shit... Wounded Bear Nov 2016 #1

True, but they won't be able to run from it. They will have to own it. Yavin4 Nov 2016 #3

They will only "own" it if the fucking media lays it on the line... Wounded Bear Nov 2016 #17

You're not kidding! InAbLuEsTaTe Nov 2016 #8

5% should be the target. Dawson Leery Nov 2016 #2

Yep. Take the credit card away from the affluenza teens in the WH and Congress. n/t Yavin4 Nov 2016 #4

Discount and Funds rate must go up too. Dawson Leery Nov 2016 #5

I get the point, but don't think that idea is good for anyone in this economy. Hoyt Nov 2016 #6

...at the same time, Donnie cannot blow up the deficit. Dawson Leery Nov 2016 #7

With low interest rates, Trump and the Republicans can cut taxes on the wealthy, engage in wars, Yavin4 Nov 2016 #9

They can do that no matter what the borrowing rates are GummyBearz Nov 2016 #12

Higher rates are inevitable no matter what. Even if Hillary had won, they'd go up. Yavin4 Nov 2016 #15

It doesn't matter is my main point GummyBearz Nov 2016 #16

The bubble will be horrible and will come quickly if Donnie gets his way. Dawson Leery Nov 2016 #13

Significantly higher rates will shut down construction and throw us into another recession with Hoyt Nov 2016 #14

People should be getting out of the US dollar at this point. roamer65 Nov 2016 #10

OPEC is cutting production so oil is on the rise Yavin4 Nov 2016 #11