Re: God bless America ¶
By: XTOL on Sabato 14 Settembre 2019 09:16
la risposta di armstrong:
I have said this many times, when it comes to understanding interest rates Trump is speaking the standard mantra that people apply when it comes to interest rates. Trump is a borrower, not a lender. His bankruptcies were the result of the business cycle and he leverages himself to the hilt so when the recession comes, he gets in trouble and when it is booming he claims to be a fantastic investor. But he is no trader. He could have hedged the business cycle but did not.
This latest rant that interest rates should be lower illustrates he is a borrower and not a lender. Therefore, he views that lowering interest rates will be bullish when in fact lower interest rates wipe out the savers.