• frank
    18.2k
    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.

    The psychological oddity is the degree to which people allow anger and disdain to blind then to facts straight in front of them.
  • Metaphysician Undercover
    14.4k
    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

    The fed cuts rates when things slow down. In other words demand has been stifled, not redirected.
  • frank
    18.2k
    The fed cuts rates when things slow down. In other words demand has been stifled, not redirected.Metaphysician Undercover

    No.
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