Mancode Posted March 13 Report Posted March 13 2 minutes ago, Coconut said: https://www.politico.com/news/2024/09/11/republicans-defy-trump-fed-rate-cut-00178758 https://www.ft.com/content/37d3d365-b923-494a-98e9-daec46f8b1f8 Don't believe in Trump anna...He will MG all... Politico article aithe chadavanasaramledu, anyway that link is not working Quote
Mancode Posted March 13 Report Posted March 13 Just now, DonnyStrumpet said: You sure fed did not decrease during Biden era? What are you talking about. That’s completely false. As a matter of the fact, Trump is lucky. Fed increased only when inflation triggered to 9% , otherwise they would never increase rates in biden era. End the Fed Quote
DonnyStrumpet Posted March 13 Author Report Posted March 13 Just now, Mancode said: Fed increased only when inflation triggered to 9% , otherwise they would never increase rates in biden era. End the Fed I thought you said they never decreased under Biden. Inflation is due to many reasons -The first reason for inflation is due to printing crazy levels of money during covid. Trillions got pumped into market due to a panic situation. People were given free money. That was a very very bad move. - tax breaks by T -Lastly, Biden pumped more money through infrastructure bill. Now they are trying to remove all that money through a stock and real estate crash. Thats how money evaporates. But it will also affect commoners mostly. 1 Quote
Mancode Posted March 13 Report Posted March 13 1 minute ago, DonnyStrumpet said: I thought you said they never decreased under Biden. Inflation is due to many reasons -The first reason for inflation is due to printing crazy levels of money during covid. Trillions got pumped into market due to a panic situation. People were given free money. That was a very very bad move. - tax breaks by T -Lastly, Biden pumped more money through infrastructure bill. Now they are trying to remove all that money through a stock and real estate crash. Thats how money evaporates. But it will also affect commoners mostly. Fed is a sham and fake They always favor dems Quote
DonnyStrumpet Posted March 13 Author Report Posted March 13 5 minutes ago, Mancode said: @Coconut This video is misleading. Look at the dip and it was between 2019-2020. Trump was still in office until end of 2020. Biden took charges in 2021. That’s not due to Biden. That was due to Covid. Obama was elected after Great Recession. They should have increased rates in 2014. But they waited two long years. That is the only mistake that fed has commited. Quote
Mancode Posted March 13 Report Posted March 13 Just now, DonnyStrumpet said: This video is misleading. Look at the dip and it was between 2019-2020. That’s not due to Biden. That was due to Covid. Obama was elected after Great Recession. They should have increased rates in 2014. But they waited two long years. That is the only mistake that fed has commited. Nice covering bro ,carry on.... I'm all in for rate cuts,no matter how trump makes Fed to do it .either by firing him or crashing stocks Quote
DonnyStrumpet Posted March 13 Author Report Posted March 13 2 minutes ago, Mancode said: Nice covering bro ,carry on.... I'm all in for rate cuts,no matter how trump makes Fed to do it .either by firing him or crashing stocks Look at date stamp of this article and tell me who was the president then https://www.cnbc.com/amp/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html Quote
human1234 Posted March 13 Report Posted March 13 4 minutes ago, Mancode said: Nice covering bro ,carry on.... I'm all in for rate cuts,no matter how trump makes Fed to do it .either by firing him or crashing stocks When inflation is high, why will fed cut rates? Once a MAGA, always a MAGA 1 Quote
Mancode Posted March 13 Report Posted March 13 2 minutes ago, DonnyStrumpet said: Look at date stamp of this article and tell me who was the president then https://www.cnbc.com/amp/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html Due to coivid they dropped to save their friends at wall street They didn't do any favour to trump.. Quantitative easing anta , lafda gadu Jay powell e sollu aina chepthadu when he wants to cut... Ipudu kathalu padtunadu Tell me why he cut 50 points before elections? Quote
DonnyStrumpet Posted March 13 Author Report Posted March 13 1 minute ago, Mancode said: Due to coivid they dropped to save their friends at wall street They didn't do any favour to trump.. Quantitative easing anta , lafda gadu Jay powell e sollu aina chepthadu when he wants to cut... Ipudu kathalu padtunadu Tell me why he cut 50 points before elections? The Fed hiked interest rates a total of 11 times starting in March 2022, making borrowing more expensive for banks, businesses, and people in an attempt to curb rampant inflation. In March 2022, the Fed made its first interest rate increase since 2018, raising rates from 0% by 0.25% to a level of 0.25–0.50% Inflation peaked at 9.1% in June 2022. In July 2023, the Fed made its final 0.25% increase, bringing rates to 5.25–5.50%. The Fed funds rate has not been cut since then. https://www.thestreet.com/fed/fed-rate-hikes-2022-2023-timeline-discussion Quote
Mancode Posted March 13 Report Posted March 13 1 minute ago, human1234 said: When inflation is high, why will fed cut rates? Once a MAGA, always a MAGA Obbi gadi time lo inflation numbers teymantava For 8 yrs fed gave him free pass. Biden came in they started cutting again shamelessly ,until inflation skyrocked to 9% And 24 election mundhu they cut 50 points to favour dem in election Malli trump ochadu they are reiterating same sollu inflation ani 10 minutes ago, DonnyStrumpet said: This video is misleading. Look at the dip and it was between 2019-2020. Trump was still in office until end of 2020. Biden took charges in 2021. That’s not due to Biden. That was due to Covid. Obama was elected after Great Recession. They should have increased rates in 2014. But they waited two long years. That is the only mistake that fed has commited. Quote
DonnyStrumpet Posted March 13 Author Report Posted March 13 1 minute ago, Mancode said: Obbi gadi time lo inflation numbers teymantava For 8 yrs fed gave him free pass. Biden came in they started cutting again shamelessly ,until inflation skyrocked to 9% And 24 election mundhu they cut 50 points to favour dem in election Malli trump ochadu they are reiterating same sollu inflation ani Okay bro, they increased 11 times between 2022-2024. If you don’t want to see that. Then let’s agree to disagree. I will rest my case here Quote
Mancode Posted March 13 Report Posted March 13 Just now, DonnyStrumpet said: The Fed hiked interest rates a total of 11 times starting in March 2022, making borrowing more expensive for banks, businesses, and people in an attempt to curb rampant inflation. In March 2022, the Fed made its first interest rate increase since 2018, raising rates from 0% by 0.25% to a level of 0.25–0.50% Inflation peaked at 9.1% in June 2022. In July 2023, the Fed made its final 0.25% increase, bringing rates to 5.25–5.50%. The Fed funds rate has not been cut since then. https://www.thestreet.com/fed/fed-rate-hikes-2022-2023-timeline-discussion Fed knows inflation numbers are much higher than 9% before March ,still they cut in March ,very late 2024 Election mundu 50 points cut ,it's obvious ,clear ga kanapathundi they are biased ani ,don't cover up.. Nov 5 th na obama won ,nov 26 th nundi rate cuts started ... Quote
human1234 Posted March 13 Report Posted March 13 1 minute ago, Mancode said: Obbi gadi time lo inflation numbers teymantava For 8 yrs fed gave him free pass. Biden came in they started cutting again shamelessly ,until inflation skyrocked to 9% And 24 election mundhu they cut 50 points to favour dem in election Malli trump ochadu they are reiterating same sollu inflation ani thiyi numbers. Were interest rates not lower during Trump first term? Did interest rates not increase during Biden term? Quote
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