General Discussion

DetlefK

(16,423 posts) Fri Apr 5, 2019, 03:17 PM Apr 2019

Financial experts freak out as Trump casually proposes catastrophic economic policy.

https://www.rawstory.com/2019/04/experts-horrified-trumps-demand-fed-inject-massive-amounts-money-economy/

“I personally think the Fed should drop rates, they’ve really slowed us down,” Trump told reporters before boarding Marine One. “There’s no inflation. In terms of quantitative tightening, it should be quantitative easing.”

Quantitative easing is a process in which the Fed buys financial assets to directly inject huge amounts of money into the economy. It’s meant as a last resort for softening recessions, not a quick way to inflate jobs numbers for political gain. Trump is basically calling for the Fed to let inflation run wild.

https://en.wikipedia.org/wiki/Quantitative_easing

7 replies

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Highlight:

Financial experts freak out as Trump casually proposes catastrophic economic policy. (Original Post) DetlefK Apr 2019 OP

I'm surprised he could pronounce quantitative.... CatMor Apr 2019 #1

And look at the morons he's attempting to bring on too, Cain and Moore. I expect that the... SWBTATTReg Apr 2019 #2

Thinking tRumpy understands the ramifications of the bile that spills from his mouth NoMoreRepugs Apr 2019 #3

If tRump is re-elected........... NNYCDN51 Apr 2019 #4

"A quick way to inflate jobs numbers for political gain"? gratuitous Apr 2019 #5

He doesn't know what he's doing. Dave Starsky Apr 2019 #6

Because it's recently worked so well for Venezuela? hunter Apr 2019 #7

CatMor

(6,212 posts)

1. I'm surprised he could pronounce quantitative....

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 03:26 PM

Apr 2019

someone must have spent hours rehearsing that theory and sentence with him.

SWBTATTReg

(22,133 posts)

2. And look at the morons he's attempting to bring on too, Cain and Moore. I expect that the...

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 03:35 PM

Apr 2019

financial experts are freaking out even more. I am.

NoMoreRepugs

(9,435 posts)

3. Thinking tRumpy understands the ramifications of the bile that spills from his mouth

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 03:46 PM

Apr 2019

is in my opinion an incalculable leap of faith.

NNYCDN51

(58 posts)

4. If tRump is re-elected...........

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 03:54 PM

Apr 2019

I truly wonder if the country will survive this moron and his band of lunatics.
As I've seen a number of posters here say ... "When will this nightmare end?"

Keep On Thinking Free

gratuitous

(82,849 posts)

5. "A quick way to inflate jobs numbers for political gain"?

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 03:55 PM

Apr 2019

Say no more!

Dave Starsky

(5,914 posts)

6. He doesn't know what he's doing.

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 03:56 PM

Apr 2019

He doesn't have the first clue about how anything works.

He started out willfully ignorant. Now he's rapidly becoming more engripped in either senile or Alzheimer's-type dementia, which compounds the problem. He doesn't know what the fuck he's talking about on any subject. He just says stuff. The media repeats it and hopes that we will (can) sort it all out.

hunter

(38,317 posts)

7. Because it's recently worked so well for Venezuela?

Reply to DetlefK (Original post)

Fri Apr 5, 2019, 04:16 PM

Apr 2019

Every day Trump thinks up new ways to burn down the house.

Thankfully, most days his hands are too small to light the matches.

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