ScotSHO Posted Friday at 02:28 PM Share Posted Friday at 02:28 PM 6 minutes ago, Tommy Callahan said: Explains so much. From the lawfare against his opposition,immigration, to feeding the fire of war all over the globe. “If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious sh*t” So many polls for Obama. 1 Link to comment Share on other sites More sharing options...
The Frankish Reich Posted Friday at 02:48 PM Share Posted Friday at 02:48 PM 2 hours ago, Tiberius said: Hidden behind all the silly "it's TDS" comments is the actual policy changes being cooked up by people and groups waiting to pounce in a new Trump presidency. And so far, this is one of the scariest - Trump with a say in monetary policy. Say what you want about the Fed, but having an independent central bank has been one of the most critical factors in sustained economic growth, and as a preventative against political manipulation of the currency. It is an awful, stupid, dangerous idea. And it's in play if Trump wins. 1 1 1 Link to comment Share on other sites More sharing options...
ScotSHO Posted Friday at 03:31 PM Share Posted Friday at 03:31 PM 40 minutes ago, The Frankish Reich said: Hidden behind all the silly "it's TDS" comments is the actual policy changes being cooked up by people and groups waiting to pounce in a new Trump presidency. And so far, this is one of the scariest - Trump with a say in monetary policy. Say what you want about the Fed, but having an independent central bank has been one of the most critical factors in sustained economic growth, and as a preventative against political manipulation of the currency. It is an awful, stupid, dangerous idea. And it's in play if Trump wins. The Fed doesn't talk with the current regime today before it makes monetary policy decisions? I find that very hard to believe. 1 Link to comment Share on other sites More sharing options...
The Frankish Reich Posted Friday at 03:37 PM Share Posted Friday at 03:37 PM 2 minutes ago, ScotSHO said: The Fed doesn't talk with the current regime today before it makes monetary policy decisions? I find that very hard to believe. Here's a good interview with Paul Volcker about presidents and the Fed: https://www.nytimes.com/2018/10/23/business/dealbook/paul-volcker-federal-reserve.html while President Trump has complained in recent months about the Fed’s plan to raise interest rates, he isn’t the first to try to influence the independent Federal Reserve. Mr. Volcker recounts being summoned to meet with President Ronald Reagan and his chief of staff, James Baker, in the president’s library next to the Oval Office in 1984. Reagan “didn’t say a word,” Mr. Volcker wrote. “Instead Baker delivered a message: ‘The president is ordering you not to raise interest rates before the election.’” Mr. Volcker wasn’t planning to raise rates at the time. “I was stunned,” he wrote. “I later surmised that the library location had been chosen because, unlike the Oval Office, it probably lacked a taping system.” So it happens, and I don't know if anything forbids it. But making some kind of consultation mandatory nevertheless impacts the independence of the Fed in a way that isn't good for stability. 2 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted Friday at 04:27 PM Share Posted Friday at 04:27 PM If the fed was independent and not political the inflation/unemployment metrics mandate would require them to raise rates. B Link to comment Share on other sites More sharing options...
BillStime Posted yesterday at 02:46 AM Share Posted yesterday at 02:46 AM Sick fks Link to comment Share on other sites More sharing options...
Big Blitz Posted yesterday at 02:48 AM Share Posted yesterday at 02:48 AM Just now, BillStime said: Sick fks You turn 7 year old boys into girls. And vice versa. When you call that out I’ll do the same with this *checks notes* um idk wtf that is. Link to comment Share on other sites More sharing options...
BillStime Posted yesterday at 02:50 AM Share Posted yesterday at 02:50 AM 1 minute ago, Big Blitz said: You turn 7 year old boys into girls. And vice versa. When you call that out I’ll do the same with this *checks notes* um idk wtf that is. YOU NEVER FKN THINK Link to comment Share on other sites More sharing options...
Big Blitz Posted yesterday at 03:08 AM Share Posted yesterday at 03:08 AM 17 minutes ago, BillStime said: YOU NEVER FKN THINK Link to comment Share on other sites More sharing options...
BillStime Posted yesterday at 03:20 AM Share Posted yesterday at 03:20 AM 11 minutes ago, Big Blitz said: In a sane society, this would have ended his career. 1 Link to comment Share on other sites More sharing options...
BillStime Posted yesterday at 03:33 PM Share Posted yesterday at 03:33 PM Always fighting against the little guy, right @All_Pro_Bills? Link to comment Share on other sites More sharing options...
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