138

You know what else allows the economy?

Massive, un-targetted tariffs aimed at our allies and randomly putting them in and out, and putting unreasonable tariffs on China without having a plan in place.

all 26 comments
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[-] Sanctus@lemmy.world 82 points 1 year ago

Thats not how this shit works you fucken baboon. You listen to the chair, they're the experts. I dont like Powell nearly as far as I can throw him but hes nowhere near a disaster like you.

[-] qprimed@lemmy.ml 51 points 1 year ago

yeah, this is purely preemptive to cast blame on powell as the entire us economy tanks.

as far as I am aware the feds focus is still entirely on trying to control inflation. what trump is demanding from powell would almost certainly lead to stagflation - economic contraction with increased inflation, and that is as bad as it sounds.

I dont think there is any better means to impoverish the general us population faster than trumps apparent "plan". the wealthy, however, will be perfectly fine.

[-] Washedupcynic@lemm.ee 79 points 1 year ago

He wants reduced interest rates so the uber rich can get cheap loans to buy up even more while the economy is crashing.

[-] Boddhisatva@lemmy.world 61 points 1 year ago

Mainly I think he is just setting up to blame Powell for all the damage that Trump's policies are causing.

[-] DrFistington@lemmy.world 10 points 1 year ago

Yeah, he's trying to deflect blame on the one guy holding this entire fucking house of cards together

[-] Boddhisatva@lemmy.world 3 points 1 year ago

Yeah, because Trump is clearly trying to knock the house down.

[-] YurkshireLad@lemmy.ca 33 points 1 year ago

Trump has finally revealed his scapegoat.

[-] CharlesDarwin@lemmy.world 3 points 1 year ago

Playing the role of Fauci this time around will be Powell, as donvict does yet another self-own and tries to to blame it on adults with expertise.

Of course he didn't cause Covid, but he could have, if he was not a child suffering from utter derangement, easily handled Covid like almost any normal human being could have in such a situation - shut up and let the experts do the talking, and then reiterate what the experts say and give the experts all the tools and platform they need to help steer things.

But this is diaper donnie we are talking about.

[-] empireOfLove2@lemmy.dbzer0.com 31 points 1 year ago* (last edited 1 year ago)

Man who just ran Titanic into iceberg blames engine room mechanic for delaying the voyage

[-] altphoto@lemmy.today 5 points 1 year ago

We're sinking!
We're sinking!

....what are you sinking about?

The damn engine room man!

[-] yesman@lemmy.world 26 points 1 year ago

Nobody is fooled. Scapegoats are only good for a few news cycles, Trump will own this economy until he's removed from office.

[-] j0ester@lemmy.world 4 points 1 year ago

MAGAt is fooled.

[-] DrFistington@lemmy.world 2 points 1 year ago

He already does, and will continue to do so. Hope he has fun next year when suddenly millions of people's taxes are 'lost' in the mail

[-] conditional_soup@lemm.ee 17 points 1 year ago

Yes, that was the point of the rate hikes, to slow inflation. Go ahead, idiot, point front to enemy and see what happens.

[-] ilinamorato@lemmy.world 13 points 1 year ago

Given Trump's actions over the past three months, this isn't a prediction, but a threat.

"I've got a tariff and I don't know how to use it! Now lower interest rates or the economy gets it!"

[-] grue@lemmy.world 9 points 1 year ago* (last edited 1 year ago)

There are several other articles posted on this topic that don't have credulous, Trump-sucking headlines. Therefore, there's no good reason to upvote this one.

I get that OP isn't trying to push a pro-Trump narrative given his commentary on it, but picking Bloomberg as a source was an unfortunate choice.

[-] NocturnalMorning@lemmy.world 7 points 1 year ago

Motherfucker, raising rates is supposed to prevent an extreme economy downturn. Shut the fuck up

[-] Ghostalmedia@lemmy.world 6 points 1 year ago* (last edited 1 year ago)

4D chess. Replace the chair so we can get low interest loans for eggs.

[-] goofus@lemmy.today 5 points 1 year ago

More shock and awe economic policy.

[-] CharlesDarwin@lemmy.world 5 points 1 year ago

Has dipshit even seen the markets lately?

[-] inclementimmigrant@lemmy.world 3 points 1 year ago

Of course he hasn't.

[-] corsicanguppy@lemmy.ca 3 points 1 year ago

Maybe Mr Trump should let the professionals do their job?

Or, hell, just let an adult have the wheel for a bit.

[-] CircaV@lemmy.ca 1 points 1 year ago

¯_(ツ)_/¯ 🖕🇺🇸

[-] PagPag@lemmy.world 1 points 1 year ago
this post was submitted on 21 Apr 2025
138 points (91.6% liked)

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