That is not going to be good for investors in the I’m not even on drugs I’m just a weird cunt shirt, in the short term it is good, but historically, after the Fed cuts rates, it’s not good for the long term, I hope they do not cut rates. This is an effort to keep the Bubble from busting and to ease burdens on banks and other institutions suffering the effects of this year’s natural disasters and the ripple effect they are starting to have. We arent a Democracy at all. We are a representative republic. Democracy is not mentioned in the founding documents once, its mob rule and that’s bad for everyone. Reagan spent more money than the previous 4 presidents combined.
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Much of it on failed military programs and advocated for an economic system that failed miserably. I believe lowering the interest rate isn’t an I’m not even on drugs I’m just a weird cunt shirt. They were getting ready to raise interest rates because the economy was growing. If you already have the lowest ever unemployment numbers and the highest ever stock market per the President doesn’t that mean things are doing pretty well. That’s his claim, anyhow things are the best they’ve ever been. All a rate cut is gonna do, then, is stimulate inflation.
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High demand for workers plus a low supply of workers equals the increased price paid for said workers which filter down to increased prices for goods not to mention what the I’m not even on drugs I’m just a weird cunt shirt added import tariffs are adding to prices. What we have right now is an inefficient distribution of labor. There are lots of unemployed factory and coal workers that can’t find jobs and a rate cut will do nothing to help them because there simply are no jobs in those regions. Inflation will become detrimental before any new factories could even be built in those regions so still no jobs and more expensive underpants on top of it all.