https://twitter.com/realDonaldTrump/status/1234848619699810306
( twitter | raw text )
Gotta prop up his approval so he doesn’t hate tweet us
Must be nice being one of the assholes getting rich off of this volatility
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I would guess if the FED actually cut by more than it did, the markets would go into a complete panic that there was some hidden info and tank by a huge amount.
The purpose of rate cuts is to spur people to go out and spend more money, and for businesses to hire more employees.
The answer to a pandemic is for everyone to stay home as much as possible (and not spend money).
The rate is being cut in response to corona virus.
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I read a prediction yesterday for a quarter-point cut later this month. Now on the 3rd we got a half-point cut and stoxxxxx are down
So by cutting interest rates they are fueling the spread of the virus?
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They would be if the rate cut actually did what it was supposed to do. But in reality it isn’t going to spur new hires or more consumer spending so I guess it becomes the equivalent of “the best defense against the corona virus is tax cuts for the rich!”
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https://twitter.com/ddale8/status/1234885088229412864
https://twitter.com/KevinlyFather/status/1234885566476324864
He couldn’t even graduate a two year program at a junior college.
Lol Penn.
I haven’t been paying nearly as much attention to shit Trump says as I did at first. It’s great because now when I do it’s like I’m a Trump virgin and I can be astonished at the level of stupidity he’s attained all over again.
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Hoooolllllly shit lol