The Federal Reserve favors Biden?

PlanetJosh

Golden Member
May 6, 2013
1,815
143
106
The Fed (Federal Reserve) is supposed to be impartial but it looks like they are in Biden's camp. They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.

Don't know how much the forum cares about The Fed, but it's an interesting manipulation being done by them in full view of the public.
 

Jaskalas

Lifer
Jun 23, 2004
33,554
7,611
136
They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.
I feel like there is a lot of Republican propaganda to decode from that idea.
They measured inflation low enough that, for the Feds to do their jobs, they must lower interest rates.
Why would you want interest rates to stay this high forever?
 

Pohemi

Diamond Member
Oct 2, 2004
9,345
12,682
146
Not to mention that the rich are the ones who benefit the most from high interest rates. They tend to have investments and interest-gaining accounts or CoD, where as the middle and lower classes are more likely to have loans and mortgages.
 

brycejones

Lifer
Oct 18, 2005
26,550
24,764
136
Isn't it the OP who said all the economic numbers since 2008 are fake? Or was that some other nutter?

Must have been some other nutter.

But it's telling the OP has supplied zero evidence.
 
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ivwshane

Lifer
May 15, 2000
32,308
15,102
136
Reported for spam.

I saw your report. It is not spam. Please do not report posts like this as such. It is a waste of your time and ours.
Admin allisolm
 
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fskimospy

Elite Member
Mar 10, 2006
84,623
49,185
136
The Fed (Federal Reserve) is supposed to be impartial but it looks like they are in Biden's camp. They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.

Don't know how much the forum cares about The Fed, but it's an interesting manipulation being done by them in full view of the public.
If the Fed were impartial what should they be doing differently? Be as specific as possible.
 

HomerJS

Lifer
Feb 6, 2002
36,252
28,107
136
The Fed (Federal Reserve) is supposed to be impartial but it looks like they are in Biden's camp. They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.

Don't know how much the forum cares about The Fed, but it's an interesting manipulation being done by them in full view of the public.
The same Fed raised rates so Republicans can campaign against Biden.

See how conspiracies work??
 

repoman0

Diamond Member
Jun 17, 2010
4,528
3,441
136
OP always seems to be on the losing side of a trade judging by his posts in the stock market threads. Probably shorted something he shouldn’t have and decided it was a conspiracy, not his lack of economic and financial savvy.
 
Nov 17, 2019
11,231
6,692
136
I feel like there is a lot of Republican propaganda to decode from that idea.
They measured inflation low enough that, for the Feds to do their jobs, they must lower interest rates.
Why would you want interest rates to stay this high forever?
I want my 5% savings and CD rates.
Not to mention that the rich are the ones who benefit the most from high interest rates. They tend to have investments and interest-gaining accounts or CoD, where as the middle and lower classes are more likely to have loans and mortgages.
I may be the lowest income on this board, certainly one of them. I have no debt to pay interest on.
 

Pohemi

Diamond Member
Oct 2, 2004
9,345
12,682
146
I want my 5% savings and CD rates.

I may be the lowest income on this board, certainly one of them. I have no debt to pay interest on.
I bet I'd give you a run for your money, as I'm now on a fixed amount disability income.

I only have one CC that has any balance on it but I barely notice any changes in the interest rate. It's only about a $500 balance currently on there so the interest rate isn't a concern with me. I don't have a mortgage, car loan, high balance CCs, etc.

I can see how it affects others though.
 

Dave_5k

Golden Member
May 23, 2017
1,646
3,191
136
The Fed (Federal Reserve) is supposed to be impartial but it looks like they are in Biden's camp. They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.

Don't know how much the forum cares about The Fed, but it's an interesting manipulation being done by them in full view of the public.
Well, the actual history is instead:

- First, the Fed dropped rates to 0 to try to save the incompetent Trump presidency, but that wasn't enough, they still failed

- Second, the Fed spiked interest rates to the highest level in over 20 years, deliberately crippling the public view of the economy under Biden to empower Republicans to take back the House and furthermore to cripple Biden's reelection chances, and they have continued that policy through today without relenting so far.
 

hal2kilo

Lifer
Feb 24, 2009
23,645
10,503
136
The Fed (Federal Reserve) is supposed to be impartial but it looks like they are in Biden's camp. They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.

Don't know how much the forum cares about The Fed, but it's an interesting manipulation being done by them in full view of the public.
Keep em coming. I need a good laugh.
 
Reactions: feralkid and Pohemi

interchange

Diamond Member
Oct 10, 1999
8,022
2,872
136
The Fed (Federal Reserve) is supposed to be impartial but it looks like they are in Biden's camp. They may be adjusting interest rate plans to make it look favorable to Biden to help get him re-elected next year. So as to make the economy look better.

Don't know how much the forum cares about The Fed, but it's an interesting manipulation being done by them in full view of the public.

Do you think their actions are making the economy better?
 

PlanetJosh

Golden Member
May 6, 2013
1,815
143
106
If the Fed were impartial what should they be doing differently? Be as specific as possible.
That's tricky to answer, some experts argue that the economy could go either way. The forum posters can answer it but if they do so in a serious manner it makes me look better. And a lot here don't want that. So probably best for them to just feverishly rail against me.
 
Reactions: Pohemi

balloonshark

Diamond Member
Jun 5, 2008
6,386
2,818
136
Remember when Obama handed off a good economy to the fat smelly one? Do you remember the fat smelly one went against the advice of experts and lowered interest rates during good economic times? Then covid hit and we could have used that economic tool to help the economy? We remember.

Every damn time a republican is in office something horrible happens to the economy and a dem has to clean up the mess.
 

fskimospy

Elite Member
Mar 10, 2006
84,623
49,185
136
That's tricky to answer, some experts argue that the economy could go either way. The forum posters can answer it but if they do so in a serious manner it makes me look better. And a lot here don't want that. So probably best for them to just feverishly rail against me.
You said they appear to be in Biden’s camp. If they weren’t what would they be doing differently?
 
Reactions: DarthKyrie

woolfe9998

Lifer
Apr 8, 2013
16,189
14,102
136
That's tricky to answer, some experts argue that the economy could go either way. The forum posters can answer it but if they do so in a serious manner it makes me look better. And a lot here don't want that. So probably best for them to just feverishly rail against me.

You've already been given serious answers. I'll try again. The fed raises interest rates. The fed lowers interest rates. The fed raises interest rates. The fed lowers interest rates. Since 1913, and before that, as the Central Bank, which started in 1791. Why do they raise interest rates? To curb inflation. Why do they then lower them back? Because inflation has gone down, and now they want to encourage economic growth. Since literally 1791. Now why is it suddenly a political move to help Biden?
 
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