Trump monetary policy
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  1. #1
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    Trump monetary policy

    Trump is calling for at least 100 basis points cut in the Fed Funds rate. He also wants quantitative easing and claims that Powell sets the 2 and 10 year rates. If the economy is so strong why do we need such desperate measures to keep the Trump ponzi scheme going?
    "If we had confidence after a thorough investigation of the facts that the President clearly did not commit obstruction of justice, we would so state. Based on the facts and the applicable legal standards, however, we are unable to reach that judgment.”

    -Robert Mueller

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    Trump is getting nervous. He doesn't want to back down on his trade war, but he also knows his goose is cooked if the economy is in recession next year. If he doesn't get his rate cut, he can at least blame the fed for any recession.

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    Would you take monetary policy advise from someone who declared bankruptcy six times?
    I am 100% convinced the internet and social media are not the salvation to human civility.

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    [Trump seems to think he will get re-elected by emphasizing his economic achievements. In particular, he stresses low unemployment rates, number of jobs created, and the rise of the stock market under his tenure. These charts offer some perspective:

    Unemployment.jpg
    Jobs.jpg
    SP500.jpg
    Last edited by tomato coupe; 4 Weeks Ago at 01:09 PM.

  5. #5
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    Quote Originally Posted by troutmd View Post
    Would you take monetary policy advise from someone who declared bankruptcy six times?
    Do you think that the President (this one or any others in the past) is actually making any monetary policy on their own? Hint, no they do not, they do whatever the experts that they hired recommend that they do.
    "The American people elected Donald Trump as the President of the United States, and not Hillary. I don't think the left is taking this loss as well as they could have"...

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    Quote Originally Posted by davesupra View Post
    Do you think that the President (this one or any others in the past) is actually making any monetary policy on their own? Hint, no they do not, they do whatever the experts that they hired recommend that they do.
    Trump didn't hire experts. He hired ideologue Yes-Men.

    Kudlow is a classic example....Famous for in 2008 saying that "The Worst of the Sub-Prime debacle is over!"....hint, Trump's expert was off by several years.
    "Refreshingly Unconcerned With The Vulgar Exigencies Of Veracity "

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    Quote Originally Posted by davesupra View Post
    Do you think that the President (this one or any others in the past) is actually making any monetary policy on their own? Hint, no they do not, they do whatever the experts that they hired recommend that they do.
    Hahahaha.

    Trump hired Peter Navarro and Stephen Moore. They are not "experts" they are clowns that are universally laughed at by real economists. They are the fringe of the fringe. Navarro lies about simple things like who pays Trump's tariffs, nobody but Trump listens to them.

    Do you think we should be doing QE? YCC? Do you like it when Trump lies repeatedly about simple economic policy?
    "If we had confidence after a thorough investigation of the facts that the President clearly did not commit obstruction of justice, we would so state. Based on the facts and the applicable legal standards, however, we are unable to reach that judgment.”

    -Robert Mueller

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    Quote Originally Posted by Marc View Post
    Trump didn't hire experts. He hired ideologue Yes-Men.

    Kudlow is a classic example....Famous for in 2008 saying that "The Worst of the Sub-Prime debacle is over!"....hint, Trump's expert was off by several years.
    Trump's "expert"



    Personally I do not see a recession in the near future. Maybe 2022. Growth rates will continue to slow but I do not see contraction unless Trump continues with his trade war.
    "If we had confidence after a thorough investigation of the facts that the President clearly did not commit obstruction of justice, we would so state. Based on the facts and the applicable legal standards, however, we are unable to reach that judgment.”

    -Robert Mueller

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    Quote Originally Posted by davesupra View Post
    They do whatever the experts that they hired recommend that they do.
    So where does the buck stop? If you own it on the way up you have to carry the dead corpse down. Can't blame MSM, sh!thouse countries, socialism and rapist Mexicans for the economy. He will try to though and his base will believe him.
    Quote Originally Posted by Fredrico View Post
    It's full of factual errors. :nono:

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    Quote Originally Posted by davesupra View Post
    Do you think that the President (this one or any others in the past) is actually making any monetary policy on their own? Hint, no they do not, they do whatever the experts that they hired recommend that they do.
    So same question would you trust someone to hire good experts who has declared bankruptcy 6 times. Oh wait he is hiring the se experts thst caused him to declare bankruptcy 6 times.

    Stupid is try the same failure over and over again thinking things will change. Trump is being stupid.


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    "If we had confidence after a thorough investigation of the facts that the President clearly did not commit obstruction of justice, we would so state. Based on the facts and the applicable legal standards, however, we are unable to reach that judgment.”

    -Robert Mueller

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    Quote Originally Posted by timeless View Post
    So same question would you trust someone to hire good experts who has declared bankruptcy 6 times. Oh wait he is hiring the se experts thst caused him to declare bankruptcy 6 times.

    Stupid is try the same failure over and over again thinking things will change. Trump is being stupid.


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    Unqualified to be President in 2016 and proving it every day since.
    I am 100% convinced the internet and social media are not the salvation to human civility.

  13. #13
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    Quote Originally Posted by Doctor Falsetti View Post
    Trump's "expert"



    Personally I do not see a recession in the near future. Maybe 2022. Growth rates will continue to slow but I do not see contraction unless Trump continues with his trade war.
    Since WWII, a recession has arrived on average every seven years. What makes you think that this time we are in such a different place? We are in a global economy now, and global manufacturing is beginning to contract.

  14. #14
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    Quote Originally Posted by rideit View Post
    Since WWII, a recession has arrived on average every seven years. What makes you think that this time we are in such a different place? We are in a global economy now, and global manufacturing is beginning to contract.
    And Trump is scared s#!tless that a recession will come before the 2020 election. He will blame everybody except himself - his hand selected fed chairman, Europe, the mainstream media, etc., etc., and 40% of the population will believe him.
    "With bicycles in particular, you need to separate between what's merely true and what's important."-- DCGriz, RBR.

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  15. #15
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    Quote Originally Posted by Lombard View Post
    And Trump is scared s#!tless that a recession will come before the 2020 election. He will blame everybody except himself - his hand selected fed chairman, Europe, the mainstream media, etc., etc., and 40% of the population will believe him.
    Of course he will...and his scorned Yes Men will act shocked SHOCKED that he turned on them.

    Now there's chatter about cutting payroll taxes from the WH. Wag the dog.
    "Refreshingly Unconcerned With The Vulgar Exigencies Of Veracity "

  16. #16
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    Trump thinks there is a conspiracy against him. He claims his own handpicked Fed chair is acting against him. He says other countries want to hurt America and he thinks the news media is trying to create a recession.

    https://www.nytimes.com/2019/08/18/u...recession.html

    "If we had confidence after a thorough investigation of the facts that the President clearly did not commit obstruction of justice, we would so state. Based on the facts and the applicable legal standards, however, we are unable to reach that judgment.”

    -Robert Mueller

  17. #17
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    Quote Originally Posted by Doctor Falsetti View Post
    Trump thinks there is a conspiracy against him. He claims his own handpicked Fed chair is acting against him. He says other countries want to hurt America and he thinks the news media is trying to create a recession.

    https://www.nytimes.com/2019/08/18/u...recession.html

    Yup. It's always someone else's fault, not his. IT'S A CONSPIRACY!!!!!
    "With bicycles in particular, you need to separate between what's merely true and what's important."-- DCGriz, RBR.

    “Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.” -- Aaron Levenstein



  18. #18
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    Despite his claims of a strong economy Trump administration admits, after lying about it for days, that they are exploring a payroll tax cut.

    When Obama did this during the recession the GOP screeched and wailed........silence today.

    Hypocrites.
    "If we had confidence after a thorough investigation of the facts that the President clearly did not commit obstruction of justice, we would so state. Based on the facts and the applicable legal standards, however, we are unable to reach that judgment.”

    -Robert Mueller

  19. #19
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    This is unpossible, I was told by the guy who just this morning was calling himself the King of Israel and the Second coming of Jesus Christ that we had the strongest economy ever...

    According to
    Politico, during a fundraising luncheon in Wyoming this week, which was hosted by first daughter Ivanka Trump and Trump son-in-law Jared Kushner, acting White House Chief-of-Staff Mick Mulvaney admitted to a speck of the behind-the-scenes anxiety. According to an attendee who spoke to Politico, Mulvaney told the crowd of wealthy Republicans that if a recession were to occur it would be “moderate and short.”
    In the time of battle you don't rise to the occasion you resort to the level of your conditioning...

  20. #20
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    Quote Originally Posted by davesupra View Post
    Do you think that the President (this one or any others in the past) is actually making any monetary policy on their own? Hint, no they do not, they do whatever the experts that they hired recommend that they do.
    You mean Larry Kudlow?

    Bwahahahaha!!!
    "Damn. Y'all murdered the sh*t out that mutherf***er"

  21. #21
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    Quote Originally Posted by Doctor Falsetti View Post
    Despite his claims of a strong economy Trump administration admits, after lying about it for days, that they are exploring a payroll tax cut.
    But of course it's not because of tariffs or anything Trump did.
    "With bicycles in particular, you need to separate between what's merely true and what's important."-- DCGriz, RBR.

    “Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.” -- Aaron Levenstein



  22. #22
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    Nothing like a pay cut after your boss builds a few miles of wall that won't actually do anything.
    They those who don't learn from history are doomed to repeat it. The problem is you can't teach stupid and history is taught in a classroom.

  23. #23
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    Quote Originally Posted by timeless View Post
    So same question would you trust someone to hire good experts who has declared bankruptcy 6 times. Oh wait he is hiring the se experts thst caused him to declare bankruptcy 6 times.
    To be accurate, he has never declared bankruptcy.

    Some of his businesses have filed for bankruptcy protection.
    "The American people elected Donald Trump as the President of the United States, and not Hillary. I don't think the left is taking this loss as well as they could have"...

  24. #24
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    Quote Originally Posted by davesupra View Post
    To be accurate, he has never declared bankruptcy.

    Some of his businesses have filed for bankruptcy protection.
    Ha ha ha. Chapter 11 bankruptcy protection, where the outcome was that Trump gave up 1/2 ownership of the company and typically someone else ran the company afterwards. To be accurate, Trump was a horrible manager of businesses and is equally incompetent in managing the US economy.

  25. #25
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    Quote Originally Posted by davesupra View Post
    To be accurate, he has never declared bankruptcy.

    Some of his businesses have filed for bankruptcy protection.
    That is like saying to be accurate Trump this morning didn't actually call himself King of Israel he just thanked the guy that made that obvious connect between him and the second coming.

    We call that a distinction without a difference.
    In the time of battle you don't rise to the occasion you resort to the level of your conditioning...

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