Clinton slams Trump for commenting on Fed policies

a reply to: projectvxn

So someone's in the sh*t no matter where the interest rates lie, eh.

That's a shame.



Thanks for the info, fella.
Good to learn a little on here now and then.

Words can be misinterpreted. - Hillary Rodham Clinton

What difference, at this point, does it make?



Seriously though, funny she would say that about Trump with a straight face when her media cohorts are doing their very best to do that to him daily.

I still think he is a prick, but fair's fair, no?

Its like shes just pulling # out of a hat now. It works for Trump, it's just sad on her.

originally posted by: In4ormant
Its like shes just pulling # out of a hat now. It works for Trump, it's just sad on her.

Doesn't suit her does it?

This isn't how she beat Bernie.
& as we all know, Trump is rubber...

It'll all bounce off him.


She's playing a dangerous game. If she truly wants to win.(Of course she does she is power mad)

perhaps if someone had talked about the fed in the past 50yrs the economy wouldnt be in a mess.

maybe thats whats been the problem all this time...

the career politicians are spineless whimps and dare not criticize the fed.

Trump all the way!

At this point, Trump could say we need to cure cancer, and she'd critisize him, she's in a really bad spot.

She is wrong and Trump is right, it's a manipulated market, not a free market anymore and it is the president's job to question fed policy. The Fed is above him and won't care, but if my president doesn't care, we have a problem.

originally posted by: Agit8dChop
perhaps if someone had talked about the fed in the past 50yrs the economy wouldnt be in a mess.

maybe thats whats been the problem all this time...

the career politicians are spineless whimps and dare not criticize the fed.

Trump all the way!

Ron Paul's whole platform was "End The Fed"...

Given how that turned out Trump is smart not to have brought it up earlier in the primaries.

The US has the Fed, does the EU have something similar?

originally posted by: Hazardous1408

originally posted by: In4ormant
Its like shes just pulling # out of a hat now. It works for Trump, it's just sad on her.

Doesn't suit her does it?

This isn't how she beat Bernie.
& as we all know, Trump is rubber...

It'll all bounce off him.


She's playing a dangerous game. If she truly wants to win.(Of course she does she is power mad)

Looking out for Wall Street as always. Im surprised she said it with all the backlash she already gets. Logic circuits must be failing.

originally posted by: DBCowboy
The US has the Fed, does the EU have something similar?

As far as I know, the closest comparison would be the IMF.


They're moving towards a federalised Union under one banner.


Seig Hei... Now wait... We voted out... God save our Queen!!!

Ahhh... That's better.

originally posted by: projectvxn
a reply to: Hazardous1408

The rates would go up for everyone. Borrowers, lenders, and savers. The only ones who benefit from rate hikes will be lenders and savers.

Borrowing will definitely slow down, but it has to in order for savings to increase. Capital comes from savings. Using borrowed money as capital tends to force the market as a whole to over leverage. That's the situation we're in now.

If interest rates go back to where they are supposed to be it will wipe some people out, but then saving will become more commonplace and banks will be better capitalized in the future to ramp up lending again.

The people who will get hurt are those with a lot of debt tied to variable interest rates. IF you carry a lot of credit card debt, you are doomed. The elephant in the room is local, state, and federal governments and how they will pay back a lot of their debt in a higher rate environment.

a reply to: Hazardous1408

Thanks!

originally posted by: DBCowboy
a reply to: Hazardous1408

Thanks!

No problemo, brother.

originally posted by: DBCowboy
The US has the Fed, does the EU have something similar?

European Central Bank

originally posted by: Hazardous1408
a reply to: projectvxn

So someone's in the sh*t no matter where the interest rates lie, eh.

That's a shame.



Thanks for the info, fella.
Good to learn a little on here now and then.

The problem is how long we are going to be in the #. The longer you hold off interest rate increases the more damage you'll do when the rates have to go back up.

Current borrowers will be fine if they have fixed rates in their loan contracts. The banks would certainly take a hit on that.

a reply to: xuenchen

What did Trump say?

That part was glossed over in your OP.

a reply to: Edumakated

The people who will get hurt are those with a lot of debt tied to variable interest rates.

That's the over leveraging I was referring to.

I have two credit cards in good standing and a mortgage at 3.1% fixed over 30 years on a townhouse I could easily afford. I firmly realize that I am NOT the majority.

Most people have tons of debts and when the rates go up they will eat it hard and default. This will cause banks to fail and so forth/so on.

At the end of the fiasco(if it is allowed to self correct) we'll be left with more affordable housing, better capitalized banks, and far less personal debt floating around out there. That's where we want to be. But we have to take some pain to get there.

originally posted by: xuenchen

originally posted by: DBCowboy
The US has the Fed, does the EU have something similar?

European Central Bank

You taught me something new. Have a beer.

a reply to: xuenchen

Pffft. Look at Trump's economic advisors, market panic is probably his real goal in running for President. John Paulson made more than $4 billion in 2007 from credit default swaps. Mnuchin made billions for Soros, Michael Dell, himself and others at IndyMac while foreclosing on tens of thousands of California homeowners after the crash that Bear Sterns chief economist (at the time) David Malpass said wasn't going to happen. Companies among Stephen Feinberg's holdings received $17.2 billion in bailout money in what Business Insider dubbed Biggest Scam Of Them All. Actually, it was more like $25 billion including the money Chrysler took.

a reply to: AboveBoard

Actually it might not even matter.

The Clinton Campaign has embarked on an attack agenda to cover the lying.

She can't address anything with substance without lying.

They are in a big dilemma.

Watch for her pettyness to get real bad now that she has a "team of reporters" with her.

But it looks like Trump made some simple remarks as quoted in the article.