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GoodRaisin

(11,074 posts)

2. I think with the debt out of control and a reckless president spending our money like it grows on trees

Reply to misanthrope (Original post)

Wed May 13, 2026, 04:27 PM

May 13

that the economy is already heading toward a cliff. Lowering interest rates would speed that up. However; with recent inflation numbers revealed there is really no case to be made for lowering rates and fortunately Warsh doesn’t have the only vote.

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misanthrope

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Economics majors, I have a question [View all] misanthrope May 13 OP

The inflation caused by lowering interest rates is a tax. It eats your savings and paycheck. bucolic_frolic May 13 #1

This is a very interesting take. A HERETIC I AM May 13 #4

I think with the debt out of control and a reckless president spending our money like it grows on trees GoodRaisin May 13 #2

He is one of 12 votes. He cant single handedly Johonny May 13 #3

Spot On ProfessorGAC May 13 #5

Something else to consider. The FOMC and Fed Chair were created to be independent of political influence. It is okaawhatever May 13 #6

I worked Economics when I was in Army intelligence... jmowreader May 13 #7