Translation? He wants the Fed to reduce interest rate but they would be more hesitant to do so because strong job numbers suggest a rate cut would heat up the economy which would increase inflation?I don't know if they are lying about this yet or not but it is going to make the fed wait longer before cutting which is what he wants them to do.
Marco says it's not a big deal that the markets are crashing. The 62% of Americans that own equities would probably disagree.
https://bsky.app/profile/vcdgf555.bsky.social/post/3llym46igy22b
Translation? He wants the Fed to reduce interest rate but they would be more hesitant to do so because strong job numbers suggest a rate cut would heat up the economy which would increase inflation?
"Don't believe your lying eyes."Marco says it's not a big deal that the markets are crashing. The 62% of Americans that own equities would probably disagree.
https://bsky.app/profile/vcdgf555.bsky.social/post/3llym46igy22b
Also, nothing Americans like more than being told to tighten their belts."Don't believe your lying eyes."
These people are idiots. Just stabbing themselves for no benefit.
Also, nothing Americans like more than being told to tighten their belts.
People went nuts when their private burrito taxis jumped to market price. And 50 years ago, freaked out when they were told to wear a sweater to help conserve energy during an energy crisis.
Also, nothing Americans like more than being told to tighten their belts.
People went nuts when their private burrito taxis jumped to market price. And 50 years ago, freaked out when they were told to wear a sweater to help conserve energy during an energy crisis.
But he's got a big beautiful brain.If the previous four years established anything with absolute crystal clear clarity is that when prices rise it is the President's personal fault. And Trump decided to raise prices a whole lot and spin the country into a recession at the same time.
Dumb question: do electronic products count towards trade or only physical products? Like if a country buys 10 million licenses of Windows a year, is that an export for the US?
They haven’t. I’m pretty sure they are waiting till next week and in the mean time are likely having coordinated discussion of what they are planning.I don't think the EU announced tariffs yet, or some other countries - when they do, expect more loss porn
5 dimensional chess played with a 2 dimensional brain.But he's got a big beautiful brain.
I just wonder, how wise is it to just make huge changes to tariffs coming from all directions when DOGE has been cutting government staff amongst which is........ customs!
They idiotically keep touting that these tariffs will raise trillions in revenue but in two days have nearly wiped out $6trillion in value.every major index just went red YOY.
I can't say they are lying or not either but I don't trust any of their numbers. As far as affecting rate cuts, have you seen them calculate tariffs? These people aren't that smart to think that far ahead. Plus, they probably think they will evict Jerome Powell sooner than later.I don't know if they are lying about this yet or not but it is going to make the fed wait longer before cutting which is what he wants them to do.
They idiotically keep touting that these tariffs will raise trillions in revenue but in two days have nearly wiped out $6trillion in value.
Yep, I keep thinking that. It would be nice if we had a vote-of-confidence system in the USA wherein congress could call a special election to choose a new president/administration. Intelligently designed democracies have been known to do this.3.9 years left of this..
Yep, I keep thinking that. It would be nice if we had a vote-of-confidence system in the USA wherein congress could call a special election to choose a new president/administration. Intelligently designed democracies have been known to do this.