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Replying to Avatar Kevin's Bacon

Grade A manipulation going on here. Reducing interest rates would reduce the supply of real loanable funds (outside of the Fed itself's supply). By leveraging Trump's populist status and the normie intuition that low interest rates simply means less they have to pay for loans, the current administration is continuing the subtle push toward dismantling the banking cartel's power. Who stands to benefit and what they will use their increase in power for, I'm not sure of the full scope. I just know it's a big power move disguised as a genuine concern about interest rates.

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Diacone Frost 7mo ago

I think they just bought that MMT nonsense (maybe unintentionally or subconsciously).

Anyways, I'm fine with destroying this system.

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Kevin's Bacon 7mo ago

Hell yeah!

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