Here's why Trump is dumping the economy

Question

Here's why Trump is dumping the economy

Most of you know that the U.S. economy heavily depends on two people: Trump and Powell. But did you know that these two don’t get along?

Trump has always complained that Powell kept interest rates high during his presidency, only to lower them once a Democrat took office. In late 2020 and throughout 2021, federal rates were very low—this is the main reasons everything pumped, especially crypto and stocks.

Trump knows that his demands won't be heard, and that Powell isn’t likely to cut rates in any meaningful way during his term. So, what’s his move? Bingo—he crashes the economy, forces a recession, and puts Powell in a position where he has to slash rates, whether he wants to or not.

After that, Trump will likely remove all the tariffs. This wouldn’t be the first time he walks back on something he started for his own benefit.

Screen this and remember, I just told you what will happen in the near future.

But how does XRP going to a thousand fit into this

Occams razor says Trump is just a retarded boomer
there is no 10d intergalactic chess, no plan, no nothing
fuck off

Guess it’s a good thing to buy galaxis, kas, rsr, rose, pretty much anything since everything is so cheap rn

The Fed was steadily on their way with cutting until the potential inflation from tariffs started to impact their outlook.

You will apologize to her.

Now.

i suggest if you want people to take you seriously, you don't correlate low interest rates by powell in 2021 to a democratic presidency and instead the fucking pandemic that shut down the global economy for a bit.

When fed rates go down, retail will buy your bags.

The Fed was steadily on their way with cutting until the potential inflation from tariffs started to impact their outlook.

If it was a democrat, he will cut rates in 6 months.

it's all 5D chess bro

oh jerome wont budge? that was trump plan all along actually!!

After that, Trump will likely remove all the tariffs.

After huge american companies have wasted billions moving production to inefficient non-tarrifed locals? Great. I'm sure these across the board losses will have no effect on them.

Econ 101 by retards

Thanks.
God, MAGA econ is more retarded than commies trying to do econ.

You know who's not paying taxes during a recession? Mass layoff workers. Businesses that've gone bankrupt. Businesses that are losing money. Lower spending due to fear of losing a job. Pay cuts. These are not good for the national debt. An interest rate cut isn't going to fix that, you imbecil. Otherwise all countries would do this cheatcode.

This.

Oh I'm not doubting he may do something so fucking stupid. But let's not pretend he can just remove the tariff after getting his rate drop and everything will be fine. Huge amounts of money would be lost by companies trying to work their way through this tariff mess by moving production, shutting down production, figuring out new sources, and a million other things.

You have no idea what our psychopath in chief is capable of.
I agree that Trump is a narcissistic scumbag, a lot of people will be hurt because of his action, but this old scum bag won't stop at nothing until he gets what he wants. I DID NOT VOTE FOR HIM.

Huge amounts of money would be lost by companies trying to work their way through this tariff mess by moving production, shutting down production, figuring out new sources, and a million other things.

As long as it does not affect him, he does not care.

No. The rates will hike up to try to stabilize the economy, but ultimately create a financial black hole with high rates, high tariffs and high consumer prices. Money flow will come to a halt, spending still stop, and businesses and banks will go out of business. This is history repeating itself in the great recession playbook.

The Fed doesn't have a working theory of inflation. They have said as much.

Dude, nobody is ever going to believe Trump is a genius. Dunno how many times you miganiggers have to be told. You wanted the fake-tan entertainer to own the libs and are just running desperate damage control because he shit the bed and is being mocked for his tariff formula.

Screen this and remember, I just told you what will happen in the near future.

By the way, it's pretty retarded to claim credit for an idea that every third miganigger has shared by now, especially since Trump is on Truth Social demanding that Powell bail him out. Wow, congrats on the self-fulfilling prophecy, miganiggers.

Tariffs are great in small amounts to leverage specific industries but the sweeping tariff plan is a full-retard fool's errand. It's playing chicken with the entire world in hopes they don't band together to watch you sink. You're supposed to play chicken on small scales on smaller parts of industry so you can divide and conquer. For someone who wrote a book named The Art of the Deal, he doesn't seem to understand the idea of dividing and conquering larger issues of other countries using reciprocal tariffs to harm the US economy.

He's been whining about trade deficits and budget deficits for decades. The whole "debtor" nation thing. I can't tell most of the time is conservatives genuinely don't understand how the monetary system works or if they are doing it on purpose. I lean towards the latter.

Several voting members have explicitly said that they considered potential tariff effects in their dot plot inflation expectation.

Powell was going to lower rates. It was planned and clearly stated. Crashing the markets isn’t necessary to get rates down since again they were going to be coming down anyway. The thesis doesn’t make sense.

You're right, if it was somone with a brain fed wouldn't be forced to keep rates as they are to deal with these retarded decisions

Also, everything was in place to make Trump’s presidency top tier. He had support, DOGE was on the hunt, he seemed to be the guy to cool heads with Russia and Ukraine, he was going to be the president of peace, he was going to invest in big AI infrastructure projects to crush China, etc. Instead he deliberately crashes markets, makes himself look like Putin’s bitch in the peace talks, fucks up bad enough that DOGE loses support and he has to do a Tesla commercial in front of the White House, and is talking about war with Iran. He could have done almost jack shit and he’d have been celebrated and instead, with deliberate effort seemingly just decided “no, I’m going to launch the country into a recession and alienate it from everyone.” Where are the Epstein files? Seriously, I supported this fucking guy because he had a lay up on his hands and he instead fucked it all up.

powells term end in 13 months regardless tho
so its not like trump is stuck with him his entire presidency

If it was a democrat, he will cut rates in 6 months

But the Fed kept postponing cuts under Biden

—

This is a tell of AI generated text.

The Fed was responsible for the massive inflation after Corona because of not adapting their monetary policies timely
Powell literally said in 2021 the inflation would just be transitory which turned out to be wrong
This has nothing to do with Biden or Trump

I am sure they did. They still don't actually have a working theory of inflation.

brookings.edu/articles/monetary-policy-without-a-working-theory-of-inflation/

She was wrong. She said Trump will bring a recession by the middle of next year. He couldn't make it 6 months

It's definitely a purposeful move. It greatly benefits specific industries that are highly conservative such as mining and energy to react this way to fiscal policy. It's part of why Bush blew the middle east, including places that had nothing to do with 9/11, to pieces.

>Where are the Epstein files? Seriously, I supported this fucking guy because he had a lay up on his hands and he instead fucked it all up.

He can't just release those because those are the only things keeping most of the government in line to keep from impeaching him and putting a puppet in charge. A federal judge would have a slam dunk case on his overreach just on the fiscal side alone if every judge didn't also have pictures of themselves on a glowie blacklist.

No, I think we are talking past each other. As for Bush and energy, quite a few major American energy companies opposed going into Iraq even if their retail prices shot up.

I am talking more about the constant focus on "deficit spending", even though the US must run a public deficit to prevent drawing down the private sector. There are only 2 origin points for tax credits (currency): the government or chartered commercial banks creating deposits. One bears interest, the other does not. So if the government runs a surplus -- whether by spending less or taxing more or both -- by identity it must draw down from the private sector. And the only place the private sector can get tax credits are from previous savings or new bank credit. It's a pincer attack.

actually he promised to wreck the economy and pretty much every economist told you kamala harris would be better, it's just that people are so brainwashed by vibes they think republicans are better for the economy.

She would have been a horrible president aswell.

you are ignorant if you think thats still in play

you're post reminds me how bad the quality of discussion has gone done on this board

Others have pointed out we have about 10 Trillion dollars in loans maturing soon. It would be advantageous to renew them at a lower interest rate.

HOLY SHIT this is completely backwards logic and retarded from almost every aspect. First of all, back up, why the fuck would we want lower interest rates? Just for the sake of it? A healthy economy would have higher growth and therefor higher rates... Lower rates are just a way to stimulate a bad economy, not conditions of a good one. Its like if your driving your car and want to drive fast but not too fast and lose control. If you're too slow you step on the gas, but if you're going just the right speed you aren't. Causing a crash for lower rates is like if you're going just the right speed and intentionally pressing the brakes just so you can step on the gas... you've lost the point.

Second, even if we just want lower interest rates... because... the fed will lower rates in response to deflation to prevent real rates from rising. It doesn't follow at all that intentionally "crashing" the economy would create conditions for deflation. Especially the fucking trade war, which will hurt the dollar's market share overseas (what happens to an asset when less people want it?), causing an increase in domestic money supply, and decrease the abundance of goods by restricting trade / competitive advantage. So you're permanently fucking both sides of the inflation equation here. Now you could have some contraction in money supply from credit contraction, but this is retarded, insanely risky strategy that could easily backfire with hyperinflation.

This shit is so retarded its like wanting to achieve something that is bad, and the way of doing that is completely retarded.

I voted for her, but lets be honest. This drop is a planned, controlled demolition, not a failure of leadership or vision. Knowing the difference is how you navigate through this market.

Trump has an Economics degree from the most prestigious finance and business school on Earth
What are your credentials besides day trading shitcoins for beer money?

She lost. You lost

What are you talking about you dumb migatard nigger interest rates on average during trumps first term was 2.46% during bidens term the average was 4.95%

muh miga

kill yourself, groyper faggot

Nope, I voted for this to make unironic faggots like you broke and poor- and it's working out perfectly as intended. Stay mad.

I love how Powell says the economy is in a good place.
Unemployment numbers conveniently ignore all the retards without jobs who aren't looking for work and live with their dying boomer parents. These people loudly protest their economic situation but they are invisible to the actual economy.

Unemployment numbers conveniently ignore all the retards without jobs who aren't looking for work and live with their dying boomer parents. These people loudly protest their economic situation but they are invisible to the actual economy.

Trump will help these people

You can't logic the cope rationalization. Every disaster will be rationalized. We're currently at

the stock market doesn't matter

the stock market crashing is actually good

Soon we will be at

the prices of goods were too low anyway

you don't NEED that new gadget

and soon

you didn't like your high paying service job anyway

these assembly lines are freeing

If they don't want to work now they won't want to work when the jobs are even shittier.

The jobs won't be shittier. You guys have this crazy assumption that Trump is about to bring sweatshops to America, when in reality what we are getting is high-tech manufacturing and the steel industry

yeah thats what i think.

since try faggie

so why the flippity fuck did we tariff cambodia and vietnam 40%+ if we don't even want their jobs back, retard