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Trump Says Yellen Keeping Rates Low To Protect Obama
Zerohedge ^
| 10/18/2015
| Tyler Durden
Posted on 10/18/2015 9:30:42 PM PDT by Rusty0604
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To: Rusty0604
So far, REAL monetary reform is not on the 3x5 card of allowable opinion.
Abolish the Federal Reserve. Americans should have gold and silver coins in their pockets. Fractional-reserve lending should be illegal.
21
posted on
10/19/2015 3:06:30 AM PDT
by
Arthur McGowan
(Beau Biden's funeral, attended by Bp. Malooly, Card. McCarrick, and Papal Nuncio, Abp. Vigano.)
To: faithhopecharity
raising interest rates when there are almost no jobs is not a good idea yes, the lack of much employment for American citizens is largely the result of several OTHER Obama policies we need to get those economically-destructive, job-killing policies fixed first then let interest rates rise to sustainable levels in the free marketplace doing the rates right now would not be good timing given the mostly-bleak job situation for so many millions of Americans first things first. stop killing our jobs... and then free up ratesThat's like saying we can't operate on the cancer because the cancer was created to prolong the illusion of health.....
22
posted on
10/19/2015 4:43:06 AM PDT
by
trebb
(Where in the the hell has my country gone?)
To: 867V309
Pardon me, but with umpteen trillion of debt, how can you raise the interest on that debt?
And there you have it. Trump is partially right (about protecting Obama). But the bigger reason for keeping interest rates at zero is protecting the Entitlement State. If rates rise much, then the US deficit becomes un-affordable and the Entitlement State will collapse. Of course, who is paying the bill for all this? Savers, who are not getting any interest on their hard-earned savings.
23
posted on
10/19/2015 5:05:10 AM PDT
by
rbg81
(is pr)
To: Rusty0604
Trump is correct, if the rates were raised the Stock Market will crash.
The Fed will raise rates when a Republican is elected.
24
posted on
10/19/2015 7:38:32 AM PDT
by
fortheDeclaration
(Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
To: timestax
25
posted on
10/19/2015 9:15:31 AM PDT
by
timestax
(American Media = Domestic Enemy)
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