Thats my thought. I feel like he wants to devalue the American currency, which will also drive up inflation that he can deny, but massively lower interest rates on T-Bills maturing soon!
Thats my thought. I feel like he wants to devalue the American currency, which will also drive up inflation that he can deny, but massively lower interest rates on T-Bills maturing soon!
π―
Trump and Vance are economically illiterate. They want a POTUS to be able to goose an economy by delivering low interest rates irrespective of how that will impact inflation. Given Trumpβs misguided thinking about how tariffs will impact the economy, I hold out no hope that he will get this.
The problem is that his supporters also economically illiterate and believe every bullshit they are saying
All we can do is try to convince their supporters of the errors of their ways (which could be a foolβs errand) and, probably more importantly, work hard to convince Dems, Independents and reasonable Republicans to vote and, when they do, to vote right (which means correctly).
I am convinced they only will vote accordingly if it hits their wallets and this will come rather sooner than later.
Yep. We call that the silver lining in the dark cloud. The tariff-related cost increases and Medicaid and SNAP cuts will catch up to them too. They wonβt like it and might be smart enough β irrespective of what FOX News personalities tell them β to figure out who did it to them.
I hear you. These last 8 months have been nothing if not a huge learning experience! π
Unfortunately, everyone except Trump and his MAGAists followers and his administration sycophants have been doing the learning. We are learning that we are absolutely screwed with these folks in charge.
Yup. This is sad and very true.
He thinks like a child. He want's to lower rates so he can refi his loans. He's in debt up his ass. Second, there has to be a crypto angle with the trashing of the dollar thats been going on. It's always about him. He doesn't care about collateral damage.
True enough!