frank
Metaphysician Undercover
The fed lowered interest rates today. What that means is that all of you folks who predicted calamity from the trade war were just wrong. Things have gone pretty much the way Trump predicted: American demand is being redirected to either domestic suppliers or countries with favored trade status. — frank
frank
The fed cuts rates when things slow down. In other words demand has been stifled, not redirected. — Metaphysician Undercover
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