A Homerun For The Donald - Attack The Fed's War On Savers, Workers And The Unborn (Taxpayers)

[unknown]

A Homerun For The Donald - Attack The Fed's War On Savers, Workers And The Unborn (Taxpayers)

http://www.zerohedge.com/news/2016-09-12/homerun-donald-attack-feds-war-savers-workers-and-unborn-taxpayers

Tyler Durden
Sep 12, 2016

The central banks have gone so far off the deep-end with financial price manipulation that it is only a matter of time before some astute politician comes after them with all barrels blasting. As a matter of fact, that appears to be exactly what Donald Trump unloaded on bubble vision this morning:

By keeping interest rates low, the Fed has created a “false stock market,” Donald Trump argued in a wide-ranging CNBC interview, exclaiming that Fed Chair Janet Yellen and central bank policymakers are very political, and should be “ashamed” of what they’re doing to the country…

He’s completely correct. After all, they are crushing real wages with their 2% inflation targeting; destroying savers with NIRP and sub-zero rates; and burying unborn taxpayers in monumental debts that today’s politicians are pleased to issue with reckless abandon because the short-run carry cost is nil.

{.. snip .. emphasis in the original}

[Frank Cannon]

Some home run. As far as I see Donny is still down and out in the polls and electoral collage..

[sinkspur]

So Trump thinks keeping interest rates low (which allows businesses and consumers to borrow at record low rates) are damaging the country? 

Destroying "savers"?  Only the dolts who put their money in Treasuries and CDs.  The Dow has doubled in the last eight years.

Ask Trump what the Fed does. I'll be he doesn't know.

[Formerly Once-Ler]

So Trump thinks keeping interest rates low (which allows businesses and consumers to borrow at record low rates) are damaging the country? 

Destroying "savers"?  Only the dolts who put their money in Treasuries and CDs.  The Dow has doubled in the last eight years.

Ask Trump what the Fed does. I'll be he doesn't know.

Indeed.  My monthly mortgage has never been lower due to refinancing at a lower rate.  Trump wants inflation.

[geronl]

Trump lies as much as Hillary does.

[Vulcan]

Trump lies as much as Hillary does.

Hillary admits to being a liberal/progressive.

Trump won't.

[guitar4jesus]

Hillary admits to being a liberal/progressive.

Trump won't.

Yep...

[DCPatriot]