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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
FED SHOWS ITSELF TO BE INCOMPETENT IF RAISES RATES NOW
Posted by:
EQRQREQERW
()
Date: December 17, 2018 04:12PM
Time to get rid of the globalists in the FED and/or disband the FED totally. It is manipulating the markets and the economy like a drunken sailor throwing his sextant overboard in a hurricane. IF THEY RAISE RATES AGAIN IN DECEMBER WE WILL HAVE ALL THE PROOF WE NEED.
Re: FED SHOWS ITSELF TO BE INCOMPETENT IF RAISES RATES NOW
Posted by:
Of what...?
()
Date: December 17, 2018 04:18PM
EQRQREQERW Wrote:
-------------------------------------------------------
> Time to get rid of the globalists in the FED
> and/or disband the FED totally. It is
> manipulating the markets and the economy like a
> drunken sailor throwing his sextant overboard in
> a hurricane. IF THEY RAISE RATES AGAIN IN
> DECEMBER WE WILL HAVE ALL THE PROOF WE NEED.
Proof of what? That Trump fired a perfectly good Fed Chair because she wasn't tall enough, and hired someone with a rate policy he actually doesn't like?
Such a self-inflicted idiotic wound.
-------------------------------------------------------
> Time to get rid of the globalists in the FED
> and/or disband the FED totally. It is
> manipulating the markets and the economy like a
> drunken sailor throwing his sextant overboard in
> a hurricane. IF THEY RAISE RATES AGAIN IN
> DECEMBER WE WILL HAVE ALL THE PROOF WE NEED.
Proof of what? That Trump fired a perfectly good Fed Chair because she wasn't tall enough, and hired someone with a rate policy he actually doesn't like?
Such a self-inflicted idiotic wound.
Re: FED SHOWS ITSELF TO BE INCOMPETENT IF RAISES RATES NOW
Posted by:
financial fight
()
Date: December 17, 2018 04:28PM
Of what...? Wrote:
-------------------------------------------------------
> EQRQREQERW Wrote:
> --------------------------------------------------
> -----
> > Time to get rid of the globalists in the FED
> > and/or disband the FED totally. It is
> > manipulating the markets and the economy like a
> > drunken sailor throwing his sextant overboard
> in
> > a hurricane. IF THEY RAISE RATES AGAIN IN
> > DECEMBER WE WILL HAVE ALL THE PROOF WE NEED.
>
> Proof of what? That Trump fired a perfectly good
> Fed Chair because she wasn't tall enough, and
> hired someone with a rate policy he actually
> doesn't like?
>
> Such a self-inflicted idiotic wound.
This is a turf war between Trump and the Fed. If Trump weren't throwing wrenches into the global economy left and right, we'd be looking at serious inflation, and yes, a rate hike would be called for; it'd actually be stupid not to hike the rates.
But in the service of his America-First war, Trump has entered a costly multi-front trade war with multiple continents, has thrown the healthcare system into limbo by signing the tax bill, and has demonstrated an okayness with deestablizing the world through the withdrawal of US moral leadership. This has all hurt the economy to the point where the wisdom of a rate hike is questionable.
The fed chair wants Trump to knock it off and likewise Trump wants the Fed to ease up on rates to make room for his moves. Not sure who will blink...
-------------------------------------------------------
> EQRQREQERW Wrote:
> --------------------------------------------------
> -----
> > Time to get rid of the globalists in the FED
> > and/or disband the FED totally. It is
> > manipulating the markets and the economy like a
> > drunken sailor throwing his sextant overboard
> in
> > a hurricane. IF THEY RAISE RATES AGAIN IN
> > DECEMBER WE WILL HAVE ALL THE PROOF WE NEED.
>
> Proof of what? That Trump fired a perfectly good
> Fed Chair because she wasn't tall enough, and
> hired someone with a rate policy he actually
> doesn't like?
>
> Such a self-inflicted idiotic wound.
This is a turf war between Trump and the Fed. If Trump weren't throwing wrenches into the global economy left and right, we'd be looking at serious inflation, and yes, a rate hike would be called for; it'd actually be stupid not to hike the rates.
But in the service of his America-First war, Trump has entered a costly multi-front trade war with multiple continents, has thrown the healthcare system into limbo by signing the tax bill, and has demonstrated an okayness with deestablizing the world through the withdrawal of US moral leadership. This has all hurt the economy to the point where the wisdom of a rate hike is questionable.
The fed chair wants Trump to knock it off and likewise Trump wants the Fed to ease up on rates to make room for his moves. Not sure who will blink...
Re: FED SHOWS ITSELF TO BE INCOMPETENT IF RAISES RATES NOW
Posted by:
The long and winding road
()
Date: December 17, 2018 04:41PM
The Fed is independent. Trump could have kept Yellen as Chair, but he turned to the new guy instead.
Re: FED SHOWS ITSELF TO BE INCOMPETENT IF RAISES RATES NOW
Posted by:
So far out of their league
()
Date: December 17, 2018 05:21PM
Most of these boobs know as much about the Fed and monetary policy as they do about the best places to eat in the capital of Nauru