President Donald Trump on Tuesday renewed his criticism of the Federal Reserve's raising and then cutting of interest rates, saying the central bank had put the United States at a competitive disadvantage with other countries and calling for negative interest rates.
RT @ninos_mansor: The leader of the free world affirms the global race to devalue. Devalue, Print, Ease. The end game - Debase. No other way out of this mess. Wipe away their savings, circa Weimar Germany.
-@RayDalio "The World Has Gone Mad"
-@pierre_rochard "Buying bitcoin is saving" https://t.co/eaubEfanYZ
While a healthy economy should see a lot of borrowing, perverse borrowing incentives can deal a tremendous amount of damage to the economy. Borrowing must come with a lot of risk, so people are incentivised to only borrow money for the purposes of asset growth. Otherwise people start uncontrollably spending money they do not have, causing insane price inflation and subsequent bank runs, only multiplying the problem.
Negative interest rates are extremely dangerous, and I am surprised that prominent economists are not taking a collective stance against them. This is not a game, like something like subsidies and tariffs might be; this is something that has a potential to cause crises putting 2008 to shame.
Eh, I think you're overestimating how big a deal negative interest rates are. For pretty much the entirety of US history post federal reserve the interest rates on both overnight loans and US treasuries have had negative real interest rates, this just keeps the trend of real interest rates as inflation is near zero. Is it a stupid policy to micro-manage interest rates, yes, but the actual power of the Fed is overblown, and this event is not really a big deal. I'd be more concerned with the draining of the vast excess reserves that's been taking place the last several years, and what happens when that reaches zero.
The concern I have is exactly with conjunction of excessive governmental spending. Under normal circumstances federal negative interest rates would not be a big deal, but given the present amount of debt, "overheating" the economy via artificially lowered borrowing risks could lead to a very dangerous situation.
Perhaps I am exaggerating the dangers.
If the federal debt came about due to spending where the investment is returned in increased productivity, then I'd say it is (economically,) better for the government to take on as much debt as possible while real interest is negative. Unfortunately, we know that government spending in this case is not investment, but waste.
Hillary was ambitious. It’s not the same thing as recklessly self-serving corruption.
I didn’t find her interesting as a candidate, but I’ve also often said that, all other things being equal, the boring candidate is probably the best person for the office.
What do you imagine that everyone would be complaining about in a Hillary presidency, she would have just continued most of the Obama era policies, and wouldn't have been able to do anything big since the Republicans hold the Senate. I imagine it would just be mostly quiet, she certainly wouldn't be dominating all the headlines like Trump does.
Donald Trump is corrupt on a level Hillary only was if you believe everything Fox News tells you. The Clinton Foundation is always rated highly as a charitable organization, the Trump Foundation doesn't even exist anymore because of "a shocking pattern of illegality". T Mobile execs staying at Trump Hotels because they want their merger to go through. Soldiers staying at Trump hotels on their way to the middle east. This shit is bananas.
Not disagreeing, but it destroys savings rates, balloons debt, and inflates equity instruments. And Trump doesn't understand the mechanics of this one bit. Nobody is getting paid to pay off their loans, that's utter nonsense. People are paying money to set aside savings. When the USD is the world reserve currency, we need to be very cautious about our monetary policies. If interest rates are negative, what tools do we use in monetary policy to help ease the next economic correction?
GetZePopcornLife, Liberty, Property. In that order7 months ago
The irony that the “greatest mind in business” and “a totally stable genius” doesn’t recognize this is utterly hilarious.
Trump being opposed to negative interest rates is like McDonald’s being opposed to drive-thru windows.
Elizabeth Warren and her Wealth Tax are actually scaring me into supporting Trump.
Here's hoping for a good Libertarian candidates (Jillette, Amash, etc.) so at least there's someone decent to vote for.
Analysis of /u/RedPillCafe's activity in political subreddits over the past 1000 comments and submissions.
Account Created: 7 months, 21 days ago
Summary: **leans heavy (99.44%) right, and most likely has a closet full of MAGA hats**
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[/r/politics](https://redditsearch.io/?term=&dataviz=false&aggs=false&subreddits=politics&searchtype=posts,comments&search=true&start=0&end=1573625398&size=1000&authors=RedPillCafe)|left|18|-23|26.5|11.1%|10|0|0|literally, wealth, like
[/r/politicalhumor](https://redditsearch.io/?term=&dataviz=false&aggs=false&subreddits=politicalhumor&searchtype=posts,comments&search=true&start=0&end=1573625398&size=1000&authors=RedPillCafe)|left|14|-43|27.5|28.6%|12|0|0|like, right, make
[/r/anarcho_capitalism](https://redditsearch.io/?term=&dataviz=false&aggs=false&subreddits=anarcho_capitalism&searchtype=posts,comments&search=true&start=0&end=1573625398&size=1000&authors=RedPillCafe)|libertarian|48|23|13.0|14.6%|7|0|0|people, risk, x200b
[/r/goldandblack](https://redditsearch.io/?term=&dataviz=false&aggs=false&subreddits=goldandblack&searchtype=posts,comments&search=true&start=0&end=1573625398&size=1000&authors=RedPillCafe)|libertarian|10|54|11.5|30.0%|7|0|0|work, people, x200b
[/r/the_donald](https://redditsearch.io/?term=&dataviz=false&aggs=false&subreddits=the_donald&searchtype=posts,comments&search=true&start=0&end=1573625398&size=1000&authors=RedPillCafe)|right|471|2891|9|14.4%|8|31|10859|x200b, like, people
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I will bet you a monero you’re wrong about Trump winning a second term.
If you’re confused about how this works you can let me know where I can clarify. Otherwise you can just admit you don’t like free money. Or that you don’t really believe what you are claiming.
Do you think they're trying to lose on purpose or do you think their timeline got thrown off for what they planned to accomplish and that they're now trying to accelerate their push to the far left? Or maybe something else?
I sometimes wonder if Hillary was supposed to be a steppingstone to an AOC/Warren type of president and that Trump's surprise win threw a monkey wrench in the whole thing.
> Start to prepare your portfolio accordingly.
How does one even do that? Move stuff out of equities entirely?
E7ernalSome assembly required. Not for communists or chil7 months ago
Honestly. Buy investments on credit. Real estate is a very strong buy right now. Definitely monetary hedges. Oil and other commodities can be strong. Precious metals. Crypto is high risk but always worth having some.
I trust that the Fortune 100 companies are already investing in emerging markets, so a total stock market index fund likely has me covered there.
I'm as anti-government as anyone else here, but I think the libertarian philosophy in regards to investing is wrong at best. Investing in precious metals and crypto currencies is find if it's a small chunk of your portfolio (say, ~1% of your networth), but it's way riskier than keeping your wealth in a broad spread of equities.