Liberal Forum

SHUT POWELL DOWN!!!!!!! TAX POLICIES ARE THE MAINE FORCE IN CONTROLLING THE ECONOMY!!!! WHAT THE NATION NEEDS IS A DEPENDABLE INTEREST RATE. BOTH BUSINESSES AND THE PEOPLE'S  RETIREMENT PLANING. NATIONAL INTEREST RATES MUST BE SET AT 6%. FOR  MORTGAGES, CONSUMER LOANS, CREDIT CARDS, EVERYTHING. SHUT POWELL DOWN.

walkingstick » 01 Oct 2024, 9:07 am » wrote: ↑

01 Oct 2024, 9:07 am

SHUT POWELL DOWN!!!!!!! TAX POLICIES ARE THE MAINE FORCE IN CONTROLLING THE ECONOMY!!!! WHAT THE NATION NEEDS IS A DEPENDABLE INTEREST RATE. BOTH BUSINESSES AND THE PEOPLE'S  RETIREMENT PLANING. NATIONAL INTEREST RATES MUST BE SET AT 6%. FOR  MORTGAGES, CONSUMER LOANS, CREDIT CARDS, EVERYTHING. SHUT POWELL DOWN.

STUPID PEOPLE WOULD 'SAY HOW ABOUT STOCKS'? STOCKS PAY DIVIDENDS, NOT INTEREST. WHAT ABOUT BONDS? quality bonds would sell at a premium. junk bonds would sell at a discount. next question?

Jay Powell doesnt "Serve" the People.

If he did would have raised the Interest Rates more not cut them and 2/3 more cuts now.

Problem is USA Goverment pays so much in "Interest" on Government Debt Today that alone was gonna outpace Miliitary & Social Security $pending itself..

Paul Voelker 1979/1985 Americas debt the "Reagan Era" was only 1/2 Trillion that time he could "Raise" Interest Rates "Saved" The Dollar at that time too..

Today our National Debt is 30/50 "Trillion" and The "Treasury" pays INTEREST on the Bonds we $ell finance that too..

Neither Party is really interested in "Cutting" The Debt only "Lip Service" about National Defecit

Only way to "Solve" this problem is add up Fort Knox "Revalue Gold current prices" then assign each dollar a "Fixed Value" at current Gold Price.

Also ya "Nationalize" Gold Mining Companies and "established" reserves underground too..

This would also "Stabilize" USA Dollar too & Kill Off the Inflation

Problem is this also ties WASH/DC hands they cannot just print & $pend more like that.

Our Government "prefers" the Fiat Dollar and The Federal Reseve and United States Department Of Treasury more than "Willing" Accomodate Washington keep their own jobs & "Power" too