I bet not even the Trumper’s here will admit to agreeing with Trump on this one…

[Superfreak]

I went to second grade and learned that .04 is greater than 0.

Yet you are too fucking stupid to comprehend the difference between the Fed rate policy and the daily Fed funds rate change?

[Superfreak]

From the New York Times Garud...

"Going further than expected, the central bank cut its target for the overnight federal funds rate to a range of zero to 0.25 percent and brought the United States to the zero-rate policies that Japan used for years in its own fight against deflation."

[Jarod]

Again you moron... the range was ZERO to 0.25%. That is a ZERO rate policy. That is common fucking knowledge moron. It was held there for 7 years. The actual fed rate is moving daily. The Fed rate policy that you are bitching about is a range. It always has been. But you are too dishonest or too stupid to get it. Which is it Garud? Are you dishonest or just a moron?

That is not what you claimed, you claimed it was at 0 for the bulk of 7 years, yet it never once reached 0.

You did not say it was a range, you said it was ZERO. LIAR.

[Truth Detector]

I am lying? Really you claimed Obama lowered the rate to 0. Did he?

December 16, 2008 0 - 0.25%

http://www.fedprimerate.com/fedfunds...te_history.htm

[Jarod]

From the New York Times Garud...

"Going further than expected, the central bank cut its target for the overnight federal funds rate to a range of zero to 0.25 percent and brought the United States to the zero-rate policies that Japan used for years in its own fight against deflation."

Then why did you claim it was held at ZERO for the bulk of 7 years, by OBAMA? In reality the lowest it got was .04 and was managed by the FED?

[Truth Detector]

That is not what you claimed, you claimed it was at 0 for the bulk of 7 years, yet it never once reached 0.

You did not say it was a range, you said it was ZERO. LIAR.

December 16, 2008 0 - 0.25%
http://www.fedprimerate.com/fedfunds...te_history.htm

[Jarod]

Yet you are too fucking stupid to comprehend the difference between the Fed rate policy and the daily Fed funds rate change?

I am smart enough to know that .04 is greater than 0.

[Superfreak]

I am smart enough to know that .04 is greater than 0.

Yet you are too fucking stupid to comprehend the difference between the Fed rate policy and the daily Fed funds rate change?

[Jarod]

Yet you are too fucking stupid to comprehend the difference between the Fed rate policy and the daily Fed funds rate change?

You are the one who claimed OBAMA held it at 0 for the bulk of 7 years, not me.

I know it was never 0 and that the president does not have the power to set FED policy.


You are a partisan HACK, who LIES to try to make yourself look smart. It is not working.

[Grokmaster]

I bet not even the Trumper’s here will admit to agreeing with Trump on this one…

Is anyone on this site willing to say they agree with Trump That the Fed should sit interest rates at zero?

Please cite the Fed lowering the prime rate to zero...or just KEEP ON LYING DAILY....

[cawacko]

O, yes I do.

Because the economy is not strong, I would not be against them lowering interest rates, but if the Carme was strong like Trump says it is, they should be raising interest rates.

Why? So we lower rates and then what? When do we pay the piper for the Fed asset inflation program of the past decade because money isn't free and you can't leave rates artificially low forever.

[Jarod]

The theory is that lowering interest rates is one of the tools to spark a struggling economy. My question is why would trump be screaming for zero rates, while at the same time claiming the economy is amazing, better than ever.

[cawacko]

The theory is that lowering interest rates is one of the tools to spark a struggling economy. My question is why would trump be screaming for zero rights, while at the same time claiming the economy is amazing, better than ever.

I’m not asking what the theory is Jarod. I asked we lower rates like you want and then what? When does the bill come due for the Fed’s decade of low interest rates?

[Jarod]

I’m not asking what the theory is Jarod. I asked we lower rates like you want and then what? When does the bill come due for the Fed’s decade of low interest rates?

I am not advocating for lowering rates at this time (though if being super vigilant, I could not argue with the idea). Where did you get that idea?

I do think in some circumstances it is the right thing to do, and pay the bill when the economy is better equipped to absorb the cost. Its very basic economics.

[cawacko]

I am not advocating for lowering rates at this time (though if being super vigilant, I could not argue with the idea). Where did you get that idea?

I do think in some circumstances it is the right thing to do, and pay the bill when the economy is better equipped to absorb the cost. Its very basic economics.

Where did I get the idea? From Post #3

""Because the economy is not strong, I would not be against them lowering interest rates,""


If it's basic economics why did the Fed do QE 2 & 3 and basically keep rates at zero for over half a decade in a growing economy?