Brace for your 401k to go to zero, as international investors flee our equity markets, and refuse to purchase our debt.
Few people realize how this could drive hyperinflation and global distrust of US markets (equities, but more importantly debt/bonds)
CharlieBravo74 on
Everything Trump touches dies and his grubby fingers directly mucking with US interest rates will fuck us all. All of the indecision and arbitrary tariff rates, start dates, delayed starts, etc was just a chaotic warm up for what would happen if he could change interest rates at will. The bond market is going to go bonkers. Just wait until his wealthy supporters get a special lower interest rate than the rest of us.
ESB1812 on
“Brace yourself for higher cost” have you seen the price of groceries lately ?
phoneacct696969 on
lol how much higher could this guy make my cost???? Gas is through the roof, electricity is double what it was last year? I’m at my breaking point, there is no money left!!
discgman on
Brace for what? Its already higher costs for everything.
Tebasaki on
I would take a look at Venezuela and see what their inflation looks like. Yeah that’s where we’re headed
-JackBack- on
He will have control when Powell’s term expires in May of next year.
glitterandnails on
I knew we were headed for the dark ages since four years ago.
Flokitoo on
He will blame Soros and Obama and his idiot MAGAts will believe it.
glitterandnails on
Only the Democratic Party can be such a wet noodle to allow the inmates to take over the asylum. Problem is that this asylum has power over most of the world.
10 Comments
Brace for your 401k to go to zero, as international investors flee our equity markets, and refuse to purchase our debt.
Few people realize how this could drive hyperinflation and global distrust of US markets (equities, but more importantly debt/bonds)
Everything Trump touches dies and his grubby fingers directly mucking with US interest rates will fuck us all. All of the indecision and arbitrary tariff rates, start dates, delayed starts, etc was just a chaotic warm up for what would happen if he could change interest rates at will. The bond market is going to go bonkers. Just wait until his wealthy supporters get a special lower interest rate than the rest of us.
“Brace yourself for higher cost” have you seen the price of groceries lately ?
lol how much higher could this guy make my cost???? Gas is through the roof, electricity is double what it was last year? I’m at my breaking point, there is no money left!!
Brace for what? Its already higher costs for everything.
I would take a look at Venezuela and see what their inflation looks like. Yeah that’s where we’re headed
He will have control when Powell’s term expires in May of next year.
I knew we were headed for the dark ages since four years ago.
He will blame Soros and Obama and his idiot MAGAts will believe it.
Only the Democratic Party can be such a wet noodle to allow the inmates to take over the asylum. Problem is that this asylum has power over most of the world.