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To: Vermont Lt

And why is money ‘cheap’ right now? Because of Trump.


80 posted on 08/03/2020 10:33:18 AM PDT by GOPJ (Leo Terrell - Michael Shellenberger - Stephen Hsu - Bari Weiss .- Bernell Trammell - John Kass)
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To: GOPJ

Money is cheap due to the trillions printed off, close to negative interest rates, etc....DO keep in mind the EU has been running negative interest rates for a few years, we are very, very close to negative interest rates.
Any guesses as to what happens when we go negative? Low interest and negative interest rates are the last resort....if you think low interest has punished savers and old people, you are correct.....negative will murder them...


82 posted on 08/03/2020 10:49:26 AM PDT by delta7
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To: GOPJ

Trump is a business man, not a banker, low interest punishes savers and elderly. I am a Trump supporter but near zero interest has punished old folks on retirement and savers...if he ever allows negative interest rates to be instated by the banks, he will lose my support.


83 posted on 08/03/2020 10:53:41 AM PDT by delta7
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