🇺🇸 Trump wants rates at 1% hours after his own Fed chairman voted to raise them
"Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR.
Our Country is BOOMING with new Investment! If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year.
The word 'Deficit' is nothing more than a fancy word for LOSS. We are 'carrying' almost every country in the World, and that cannot go on any longer.
LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
The post lands as Kevin Warsh, hired to deliver cuts, joined a unanimous vote to hike.
Cheap money with diesel at record highs is how you turn an energy spike into permanent inflation, which is the exact thing the committee moved to prevent.
The pressure campaign will keep coming, and it will keep failing, because the Fed has already shown it will take the political hit.
What it can't do is bring rates down while a war keeps oil above $100.
The unfortunate truth for Trump: The path to 1% runs through the Strait of Hormuz.
#FedRateWatch
$ZEC $LIT $BTW
"Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR.
Our Country is BOOMING with new Investment! If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year.
The word 'Deficit' is nothing more than a fancy word for LOSS. We are 'carrying' almost every country in the World, and that cannot go on any longer.
LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
The post lands as Kevin Warsh, hired to deliver cuts, joined a unanimous vote to hike.
Cheap money with diesel at record highs is how you turn an energy spike into permanent inflation, which is the exact thing the committee moved to prevent.
The pressure campaign will keep coming, and it will keep failing, because the Fed has already shown it will take the political hit.
What it can't do is bring rates down while a war keeps oil above $100.
The unfortunate truth for Trump: The path to 1% runs through the Strait of Hormuz.
#FedRateWatch
$ZEC $LIT $BTW
