>>22494370you're joking i think but that's precisely what will happen. the fed is not an american institution, and the weird cope that interest rates will fall because the fed will have to cut is a complete misunderstanding. the fed represents the interests of the european banks and it is a dark compromise we made. the fed rate is not a tool for inflation like they say it is, it is our insurance premium that we have to pay for the existence of the fed, whose job it is to step in and print money when the economy goes sour. but the idea that they have to do that job is ridiculous, and thinking they would do it when we're in a trade conflict with the people they work for is also ridiculous. people think biden loved the ukraine war but really he was arm-twisted into it by the raising rates, the 2022 bear market only stopped when the us agreed to give the requisite aid to ukraine. if and when we finally make nice with europe rates will come down, until then the fed is hostile. that's why a good compromise is so important, they'll keep dumping our markets, keep raising interest rates until they are happy. people saying this is a good thing or what trump wants are also misled, it's a negative consequence of this policy full stop. some people are stoked because they get cheapies but they are just short-sighted and selfish. it is a WEconomy not a MEconomy, and eventually spending will dry up and jobs will be lost, and the "manufacturing boom," if it even comes, will not save the economy, ground hasn't even broken on these fantasy projects. it's a risky and reckless move designed to get big results, and i hope it works, but yeah, it's likely to get worse until a deal is made and the next step is higher rates along with a dumping market.
