Didn't Trump browbeat the FED

[Cartaphelius]

to lower interest rate just in the last week or so?

Now he is blaming the Fed's action, which he pushed for, hard, by
threatening to fire Fed Chairman, as causing the market,
the retirement of some many millions, for sudden "down turn"?

[elleng]

1. Yes he did, shocking they succumbed.

He understands NOTHING about the way markets work.

[guillaumeb]

3. But he does understand that lower interest rates allow for higher levels

of debt to be taken on for any given amount of money.

[leftieNanner]

6. And lower interest rates

reduce his payments on his massive debt.

[guillaumeb]

7. Exactly.

And lower interest rates make it cheaper for businesses to buy other businesses. The illusion of a productive economy.

[leftieNanner]

8. Ol' Mittens has to be happy about that too

Time to saddle some poor company with massive debt, suck out all the cash, and leave the carcass for dead.

Toys R Us? KayBee Toys? Sears? And hundreds of others.

[guillaumeb]

9. Another way the illusion of a healthy economy is built.

Plus these hedge fund managers charge enormous fees for their supposed expertise.

[leftieNanner]

10. It's not money made

By production of anything other than "paper". You are so right.

[guillaumeb]

2. We have always been at war with Oceania.

Trump defines reality for his voters. And his voters accept this from Trump.

[Ilsa]

4. He has been brow-beating the Fed to lower rates

for months and months.

[durablend]

5. He needs *someone* to bully

Because anything negative that occurs certainly can't be his fault.