transporter
Well-Known Member
Suppose you own a large privately held corp with massive debt. Also suppose your sole concern, the only thing anywhere at anytime that you care about is YOU. No one and nothing else matters.
What is one of your largest costs of doing business? Interest payments.
Then suppose you get enough really stupid people in the right states to vote for you and you opponent is so weak that her supporters just stay home...and you become President.
So what do you do? You use the office to constantly market your company. You use the office to sell your company's products to the US government, foreign govts, and your staff.
You then realize that you have the ability to potentially impact both sides of your balance sheet and begin attacking the Federal Reserve in an effort to reduce your lowest cost item: interest rates.
I suggest this because Trump's comments on rates like the ones below are just plain stupid. His base doesn't understand this but everyone with any actual background in economics or business (students that attended Ivy League Lite schools are exempted) understand this.
Trump urges zero or negative interest rates to tackle U.S. debt
What is one of your largest costs of doing business? Interest payments.
Then suppose you get enough really stupid people in the right states to vote for you and you opponent is so weak that her supporters just stay home...and you become President.
So what do you do? You use the office to constantly market your company. You use the office to sell your company's products to the US government, foreign govts, and your staff.
You then realize that you have the ability to potentially impact both sides of your balance sheet and begin attacking the Federal Reserve in an effort to reduce your lowest cost item: interest rates.
I suggest this because Trump's comments on rates like the ones below are just plain stupid. His base doesn't understand this but everyone with any actual background in economics or business (students that attended Ivy League Lite schools are exempted) understand this.
Trump urges zero or negative interest rates to tackle U.S. debt