▲ 37 ▼ Why in Gods Green Earth is Trump getting rid of Powell and putting Warsh in place? (lemmy.world) submitted 6 months ago by Patnou@lemmy.world to c/outoftheloop@lemmy.world 20 comments fedilink hide all child comments
[–] SatansMaggotyCumFart@piefed.world 2 points 6 months ago (3 children) He wants negative interest rates as far as I know. permalink fedilink source parent hideshow 3 child comments replies: [–] HubertManne@piefed.social 2 points 6 months ago (1 child) yeah thats pretty much the print money part. when they are negative and when we borrow from ourselves, which we do, well then you have to lose money for having it invested with us. Much of that self investment btw is social security and such. thats how you get negative. permalink fedilink source parent hideshow 1 child comment replies: [–] marcos@lemmy.world 3 points 6 months ago It is printing money but it's different. It's letting the banks print money, as much as they want. When the government go and prints the money directly, the banks also print some, but at least the government gets a small share of it. permalink fedilink source parent [–] homesweethomeMrL@lemmy.world 2 points 6 months ago He loves debt permalink fedilink source parent
[–] HubertManne@piefed.social 2 points 6 months ago (1 child) yeah thats pretty much the print money part. when they are negative and when we borrow from ourselves, which we do, well then you have to lose money for having it invested with us. Much of that self investment btw is social security and such. thats how you get negative. permalink fedilink source parent hideshow 1 child comment replies: [–] marcos@lemmy.world 3 points 6 months ago It is printing money but it's different. It's letting the banks print money, as much as they want. When the government go and prints the money directly, the banks also print some, but at least the government gets a small share of it. permalink fedilink source parent
[–] marcos@lemmy.world 3 points 6 months ago It is printing money but it's different. It's letting the banks print money, as much as they want. When the government go and prints the money directly, the banks also print some, but at least the government gets a small share of it. permalink fedilink source parent
[–] homesweethomeMrL@lemmy.world 2 points 6 months ago He loves debt permalink fedilink source parent