- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Trump vs Powell. It’s On!
Posted on 4/22/25 at 10:20 am to NC_Tigah
Posted on 4/22/25 at 10:20 am to NC_Tigah
quote:they should have been raised even higher during his first term.
Rates were increased 800%, sans inflation, over Trump's first two years. By contrast, rates were raised just once during Obama's preceding 8yrs.
Rates for the overwhelming majority of Trumps first term were WAY too low. The economy was running red hot into Covid, and because they were keeping rates artificially low we had no legit levers to pull to help when Covid did happen. We had to take rates from artificially low to essentially zero.
Inflation is finally getting back under control. Cutting rates like Trump wants to would just get that inflation running up again
3
Posted on 4/22/25 at 10:20 am to JohnnyKilroy
quote:
Well yea. That’s never been the intention. Who told you the goal of raising rates was deflation?
I’ve said from day one prices will never go back down. I’m entertaining this thread though because the main complaint is rates controlling inflation.
quote:
Biden said that?
Yes Biden admin claimed transitory inflation and cooling although it was still increasing month over month under his administration. Most of their economic reports and numbers have been adjusted afterwards showing their fraud.
Posted on 4/22/25 at 10:22 am to momentoftruth87
quote:
Yes Biden admin claimed transitory inflation and cooling although it was still increasing month over month under his administration. Most of their economic reports and numbers have been adjusted afterwards showing their fraud.
Yea like when they would strip out food and energy to juice the numbers, right?
Posted on 4/22/25 at 10:22 am to JohnnyKilroy
quote:
ILB was beaten down so bad he finally went bull in February of this year. That was my sell signal
Posted on 4/22/25 at 10:29 am to NC_Tigah
quote:
Powell was a bad choice
He was a very bad choice.
Posted on 4/22/25 at 10:30 am to Bunk Moreland
quote:
Trump does not have the power to fire Powell, but there are reports he’s willing to try.
I’m sorry but where in the constitution was the fed established and under which branch?
And a rogue agency operating outside the constitution has no accountability after devaluing the dollar by 20% during Powell’s tenure?
I’m almost at the point where I accept that this country is unfixable.
Posted on 4/22/25 at 10:32 am to Bayou_Tiger_225
quote:
Inflation is finally getting back under control. Cutting rates like Trump wants to would just get that inflation running up again
Then why has the EU cut theirs 7 times and inflation is not going up?
Posted on 4/22/25 at 10:41 am to LuckyTiger
quote:
He has been long criticized for being too slow to react.
If I’m being honest, an I’m certainly no fan of Powell’s or the Fed (I think it should be ended, wholly unamerican) the chairman of the Fed seems an impossible job. You’re either too early or too late.
Posted on 4/22/25 at 10:44 am to grizzlylongcut
quote:
You’re either too early or too late.
But it's not. It's not a matter of being a month late. 2 months late. It's a matter of a year or more while calling it transitory.
He sees the signs all around him right now. If he does not, he should not be the chair.
BTW.. I'm of the same belief. Fed Reserve needs to go.
Posted on 4/22/25 at 10:47 am to ABearsFanNMS
quote:
but the Fed isn’t political…..
Everything is political. And 98% of it is against Trump.
Posted on 4/22/25 at 10:48 am to BCreed1
Probably because they have higher unemployment lower wages and not a strong consumer and therefore less demand?
Posted on 4/22/25 at 10:49 am to BCreed1
quote:
Yes Powell is a clown show
Agreed. Whoever appointed him has extremely poor judgment.
Posted on 4/22/25 at 10:52 am to JohnnyKilroy
quote:Was it bad the Fed raised rates even with inflation below targets? Was it bad the Fed continued restrictive FOMC policy for 6 more months while the economy slowed? Was it bad the Fed continued restrictive FOMC policy for months while inflation declined further beneath target rates? Is that what you're asking?
Was that bad?
Posted on 4/22/25 at 10:57 am to Bayou_Tiger_225
quote:You're an idiot.
The economy was running red hot into Covid
Posted on 4/22/25 at 11:03 am to NC_Tigah
quote:
You're an idiot.
Posted on 4/22/25 at 11:04 am to Violent Hip Swivel
quote:
I can't wait until Trump gets his own Fed Chair.
quote:
Once Trump chooses his own Fed Chair, I anticipate a 25 dollar per hour payraise and 15 cent eggs!
Yup, he has a history of solid choices for the job.
Posted on 4/22/25 at 11:07 am to Bunk Moreland
Trump needs to chill imo. He appointed Powell!
Let the guy to his job. He’s well respected on Wall Street.
Let the guy to his job. He’s well respected on Wall Street.
Posted on 4/22/25 at 11:11 am to Bunk Moreland
It’s just TRANSITORY
Posted on 4/22/25 at 11:11 am to NC_Tigah
quote:
Was it bad the Fed raised rates even with inflation below targets?
No
quote:
Was it bad the Fed continued restrictive FOMC policy for 6 more months while the economy slowed?
The economy slowed during trump’s first term?
quote:
Was it bad the Fed continued restrictive FOMC policy for months while inflation declined further beneath target rates?
No.
Posted on 4/22/25 at 11:12 am to Violent Hip Swivel
quote:
I can't wait until Trump gets his own Fed Chair. There will be so much winning that we get tired of winning
Hulk Hogan is going to do such a great job.
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News