akvanden Posted May 2 Share Posted May 2 (edited) 1 hour ago, Highmark said: While I agree they might not have massive influence That’s the point, glad we agree. And in ‘21 the government spent $6.5T. 1 hour ago, Highmark said: Bet he thought Trump increased inflation and had influence on the fed. No I understood how inflation worked then as well. Economics is an amazing thing when you decouple your personal political beliefs from it. Try it sometime. Edited May 2 by akvanden 1 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted May 2 Author Share Posted May 2 33 minutes ago, Highmark said: Bet he thought Trump increased inflation and had influence on the fed. remember when Trump wanted the interest rate to go to zero and mounted a pressure campaign against Powell... and then signed off on trillions for stimulus and demanded his name be on the checks? good times... Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted May 2 Share Posted May 2 Remember when Trump called for the money printing machine to be juiced during a hot economy? I do. Remember when Trump flooded the economy with free money, by the tune of trillions? I do. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 2 Platinum Contributing Member Share Posted May 2 (edited) 54 minutes ago, Crnr2Crnr said: remember when Trump wanted the interest rate to go to zero and mounted a pressure campaign against Powell... and then signed off on trillions for stimulus and demanded his name be on the checks? good times... Yes and I didn't agree with him but there was a very good reason as to why he wanted it. Europe and elsewhere were and he wanted us to stay competitive and have it not impact the dollar too much. The dollar already was very strong and hurting exports. Edited May 2 by Highmark Quote Link to comment Share on other sites More sharing options...
Deephaven Posted May 2 Share Posted May 2 3 minutes ago, Highmark said: Yes and I didn't agree with him but there was a very good reason as to why he wanted it. Europe and elsewhere were and he wanted us to stay competitive and have it not impact the dollar too much. That part didn't work out at all. We are suffering like hell right now because of it. Quote Link to comment Share on other sites More sharing options...
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