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To: Moonman62

I am sorry President Trump but the economy does not need another stock market or real estate bubble. One, the other, or both is the likely result of rate cuts right now.

The economy did not need a rate cut. It needed the Fed to hold steady.


5 posted on 07/31/2019 2:15:43 PM PDT by Wuli
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To: Wuli

The economy did not need a rate cut. It needed the Fed to hold steady.

...

The economy needs a rate cut because the Fed is manipulating rates to be higher than what the market would charge. They do this because of their false claim that economic growth causes inflation.

President Trump’s reasons given in his Tweet are valid as well.


6 posted on 07/31/2019 2:21:55 PM PDT by Moonman62 (Charity comes from wealth.)
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