Trump to set interest rates himself under secret presidential plan

Discussion in 'Economics' started by Amun Ra, Apr 26, 2024.

  1. ktm

    ktm

    I know right. How did he ever beat Trump in 2020 and get away with all this crap?
     
    #11     Apr 27, 2024
    Haywood likes this.
  2. Learning tricks from Erdogan? When inflation spirals out of control my MAGA friends will call it a patriotic price increase so PI can buy their housing tracks like ARES, BX, APO and Invitation Homes.




    Turkey inflation hit 68.5% ahead of election blow to ruling party
    By Ezgi Erkoyun
    April 3, 20242:00 AM PDTUpdated 24 days ago
    [​IMG]


    Item 1 of 2 A shopkeeper uses his mobile phone as he waits for customers at a popular middle-class shopping district in Istanbul, Turkey March 4, 2024. REUTERS/Murad Sezer
    [1/2]A shopkeeper uses his mobile phone as he waits for customers at a popular middle-class shopping district in Istanbul, Turkey March 4, 2024. REUTERS/Murad Sezer Purchase Licensing Rights, opens new tab
    ISTANBUL, April 3 (Reuters) - Turkey's annual inflation rate climbed to 68.5% in March, data showed on Wednesday, underscoring a major reason for the massive losses sustained by President Tayyip Erdogan's party in nationwide local elections at the weekend.
    Monthly inflation was 3.16%, the Turkish Statistical Institute said, easing from 4.53% and 6.7% in the previous two months as fallout from wage hikes and other administered price rises at the start of the year faded.





    https://www.reuters.com/world/middl...-ahead-election-blow-ruling-party-2024-04-03/
     
    #12     Apr 27, 2024
  3. SunTrader

    SunTrader

    Would that would make him a .... retired crash test dummy perhaps.
     
    #13     Apr 27, 2024
  4. SunTrader

    SunTrader

    Says a lot about you.
     
    #14     Apr 27, 2024
    Slow Learning Elf likes this.
  5. zdreg

    zdreg

    "Never underestimate the stupidity of the American public."

    GG Barnum of Barnum Bailey Circus
     
    #15     Apr 27, 2024
  6. 2rosy

    2rosy

    Did anyone read the article or think a bit? Aides/ allies means anyone. You can get chatgpt to create any proposal and say you're an ally to anyone.
     
    #16     Apr 27, 2024
    Haywood likes this.
  7. I talked to a hard right financial planner at the gym moments ago. He thought Trump should get rid of Powell because Obama and the Deep State appointed him and lowering rates would kill inflation.






    How can a educated man in business have no idea how inflation works? I understand the frustration with Biden but the destroying of our Economy is bat shit insane.
     
    #17     Apr 27, 2024
    SunTrader, piezoe and Picaso like this.
  8. poopy

    poopy


    BDS. Were you there on Jan 6?

     
    #18     Apr 27, 2024
  9. poopy

    poopy

     
    #19     Apr 27, 2024
  10. 2rosy

    2rosy

    Aren't there any positives? Stock market is at all time highs. I see job postings for 400k to 700k
     
    #20     Apr 27, 2024