Economist warns rate cuts may not be the answer amid US fiscal deterioration

[@claralucas354]

Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject…

[@henrymark1379]

Trading in Bitcoin now is the wisest thing to do now especially beginner....

[@claralucas354]

Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders

[@samuelroddy5382]

You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?

[@claralucas354]

I know someone who can help you Olivia Brown

[@claralucas354]

There is her whats Apk line👇

[@Patriciabanks5]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[@phillogan1]

navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position

[@Johnlarry12]

No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.

[@frankbarnes22]

I’ve been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

[@Johnlarry12]

Carol Vivian Constable is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@frankbarnes22]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@Thenatureboy801]

The true answer is monetary spending. Until the government stops acting like a kid in a candy store with unlimited blank checks things will only get worse.

[@acod24]

Who’s going to stop them? We can’t even get close to these people

[@kevo212]

trump agenda has a federal audit committee with the goal to reduce govt spending waste!

[@rcpcash]

And yet both the morons running are once again promising stuff we can't afford... LOL maybe someday the dumba**es voting these jacka**es in will realize they are the problem...

[@FrankGallagherr]

Who thinks Harris is 1000X worse than Biden.?

[@cvwaadministrator391]

No one.

[@jimmyglea]

Zero people

[@davek1833]

who is brainwashed to think one political party is right and the other is wrong??

[@micheal_mills]

So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone

[@Martina-Alan]

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

[@DallisonScramosin]

True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a financial advisor. Following the guidance of this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.

[@philipr1759]

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@DallisonScramosin]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@philipr1759]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@MickyGlover]

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

[@Vivienedouglass]

If you lack knowledge about market investing tactics, get advice from a financial counselor.

[@Monicamonasky-]

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

[@Jamesjerome0]

Could you recommend your advis0r? I'll be happy to use some help.

[@Monicamonasky-]

Her name is. SUNITA CHACHY JOSEPH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Jamesjerome0]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@Grace.h-t8o]

Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

[@Theodorebarba]

The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.

[@BridgetMiller-]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Lewistonwilliams-f5i]

I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?

[@BridgetMiller-]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@DhanaPayar]

Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@K1-rh7rr]

Government needs MASSIVE downsizing ! When the government hires more than the private sector that's a huge problem

[@robertstan2349]

did you look at the slide they provided, because that is NOT what it showed, irrespective of the impression they tried to give you. 🤣

[@ryandarko2115]

I work for a federally owned transit company. They are OVER HIRING EMPLOYEES and cutting hours. Forget about overtime. There is not enough work for everyone. This is a serious problem this over hiring trend is happening to all the major civil service industries

[@gshepherd6141]

stop printing money for like 20 years.

[@jsanders9975]

They hired 90k armed IRS agents, lay them off

[@terrykrall]

US governmentt is the largest employer in the US... it’s been this way for years... not sustainable, yet the elected officials will continue to hire more Kimberly Cheatles!

[@MarkMartin-t8n]

Many of Americans have been in a recession for three years.

[@alanaadams7440]

We don't have an income problem. We have a spending problem

[@cvwaadministrator391]

I totally agree! Trump added 8 trillion to the national debt, and is expected to add at least 6 trillion more.

[@NomiVou]

@@cvwaadministrator391what about bden?

[@cvwaadministrator391]

@@NomiVou What about Biden? He isn't the nominee any longer. Independent Economists just predicted Trump will add at least 6 trillion to the national debt. Kamala is expected to add less than 2 trillion.

[@NomiVou]

@@cvwaadministrator391 that’s because she does not plan to clean up any mess, just more wrs, & migrants!!

[@TCREGAN1]

We have a problem with giving away so much money to places we don't need to...we need to focus on us 1st and then if we need to help in anyway for a supported country then indeed let's borrow funds not just give it away...that is how all of us are living these days, why should it be any different?

[@spybreak23]

Here's a novel idea.... STOP PRINTING MONEY!

[@josephcontreras3988]

We have been in a recession for the last 3 years

[@oDazzleRazzle]

Yes, according to the people who can see reality with their own two eyes, and not according to people who have arbitrary definitions of a “recession” while constantly fudging the numbers and shifting the goal posts.

[@sesi5289]

Im a software engineer,they gave some of the development to cheap Indian companies to outsource the workforce. They f*cked up the applications,now they are asking US engineers to fix it 😂 its like a joke

[@seymorefact4333]

WTH...manufacturing is in a DEPRESSION for 70 YEARS! and its NOT going to improve. AGING POPULATION, cost of wages, cost of raw materials, cost of energy! JESUS can't even save our PONZI CON-OMY~

[@lyricalheaven]

😂😂 yes a lot of remote work esp on techbhasnt been taken over by AI but by cheaper alt..that why i can no longer find work...those jobs will be back soon..they hyped up everything then tuck on their tails later

[@sesi5289]

​@@lyricalheaven Yes, AI is not yet on the level to take over jobs. That's a lie big companies tell to pump up their stocks. But the cheap workforce is not working like hoped either. They are waiting for the recession to end to hire experienced people without losing stock value.

[@lyricalheaven]

@@sesi5289 👍

[@zeke5491]

The only solution to save America is to cut spending

[@JamesMunge]

MUST WAKE UP !!! FACT THAT THERE'S MORE TO THE STORY !!?? STUDY THE RISE & FALL OF THE ROMAN'S, AND MANY EUROPEAN, ENGLAND MOST OF ALL !!! WILL NOTICE CRITICAL COMPARISONS.

[@JohnFields-uv9vh]

To save America,vote Harris out of office just look at what she's done the last 3.5 years! We don't need 4 more years of this! FKH! & Her supporters Too!

[@sjmom5119]

and drill baby drill

[@joycenagy3140]

Amen!

[@Jurmyhyle12]

Military Spending?

[@usmc9543]

Bring President Trump back. Problem solved.

[@worldsdumbesttrumpturd....3143]

No thanks dumptard. A real Jarhead would know better

[@thedude5040]

Problem not solved

[@vernonbowling5136]

7 out of 10 Americans polled say that Harris is horrible for the United States 😐

[@paulward5491]

So..nothing to worry about.

[@danielgriffin8132]

It's the price on EVERYTHING ACROSS THE USA EVERY LITTLE THING. RENT IS JUST DESTROYING WORKING CLASS

[@tommysiemienik7172]

Drill Baby Drill.... There's your start... !!!!

[@paulward5491]

How will that affect the world trading price of oil? Trump said that in his first term, he got the price down, resulting in lower cost of living. Can he guarantee low oil prices if he is elected?

[@EveryDooDarnDiddlyDay]

Stop Printing Money

[@jasondeaver2117]

Trumo dont have a plan he just says the same catch phrases over and over he has lost his mind with his old age

[@keithbarnhart6952]

LOL! You obviously don't know what you're talking about.

[@jasondeaver2117]

@@tommysiemienik7172 trump is like on of those old dolls where you pull the string and he says a catch phrase no substance or plan in anything he says

[@Steve-y5p]

Inflation is still very much a threat to economic recovery. We’re still dealing with too much government regulation and government spending.

[@JoesIceCreamCone]

All these jobs are part time, not full time, high paying jobs. It’s all lies. We should be raising rates.

[@robertstan2349]

that's moronic. they're behind the curve. multiple sectors are already flirting with deflation and they've held back from cutting rates because they're either fools or they decided that helping the DNCs election chances was more important than the national interest

[@Logic807]

You are crazy

[@RazzleDazzle59]

I second that ​@@Logic807

[@TheAncientMysteriesBeckon]

Fool. You want the market to collapse. All the jobs associated with real estate. Including the manufactures of resources, the laborers, the certified tradesmen, etc… You people don’t do any research. Trump(and RFK) WANT to lower rates because they know the correlation upon the national economy. Meanwhile, you live in a shack bought at Home Depot in some podunk state. Or you’re probably a bot.

[@JoesIceCreamCone]

@@Logic807 Hey, let’s print another trillion, that’ll fix it.

[@LawrenceLeverton]

And half of those jobs are govt jobs.

[@robertstan2349]

101k in private jobs and 24k in govt jobs. that's what you call half???!

[@lawrencejelsma8118]

​@@robertstan2349... That is even worse as statistics. 😂. It really shows the small portion of less government like problems in failed monarchs in history drains a more populous general labor population down by excessive taxation and continued throwing debased money out to the people problems. Too much of less and less of more genuine economics tools are why other third world countries require more money for buying even more of less! 😮😳😬

[@brettdavidson3866]

Don't tell them facts faux can't tell me what to think If you do

[@votaric]

​@@robertstan2349 Why any more government jobs should be the question.

[@keithbarnhart6952]

WRONG! Where did you pull that number from? LOL!

[@Westcoastguy]

Another thing that may not be the answer is another Democrat in charge.

[@LawrenceLeverton]

Don't you just enjoy those egg prices. Up 100 percent in one month.

[@worldsdumbesttrumpturd....3143]

No way Jackaas

[@Asiabrion322]

@@LawrenceLevertonI agree groceries prices are ridiculous but I dnt understand how that is because of Kamala

[@garymiller4141]

​@@Asiabrion322She is part of the problem and definitely not one for the solution

[@freedomrings.0007]

The best thing one can do for themselves and families is to create their own business and create their own income . We need more citizen leadership, not political.

[@mongo_congo9908]

All Democrats and the Biden/Harris Administration have already shown that they are not for private businesses. That is why ALL DEMOCRATS included hiring 87,000 IRS AGENTS to go after taxpayers in the bogus Inflation Reduction Act. Don't forget that giggling Harris, as VP, cast the tie-breaking vote to make it pass in the Senate.

[@snapfinger1]

Powell will make a .25 & a follow up .50 rate cut. Last ditch effort to salvage Harris/Walz.

[@rbbartho1]

And watch inflation begin to rise. A delicate matter.

[@gtwentyeightclub887]

Interest rates too low for too long is what got us into this inflation problem in the first place. It's hard to understand how continuing the same monetary policy maneuvers are going to solve the problem when this is what created the problem in the first place. The FED has clearly abandoned it's 2 mandates, and it is only concerned with continuing the advancement of investors capital. I wish they would understand that if you crush small business and the working middle class everybody ends up losing in the end.

[@Armstrong741]

Some experts think rate cuts could boost certain industries, while others warn it might increase inflation concerns. I'm reviewing my $600K portfolio allocations and I'm curious about strategies to respond to these potential sector impacts.

[@Theresaa12]

Increase exposure to interest rate-sensitive sectors like REITs and utilities, and maintain or slightly increase holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.

[@judynewsom1902]

This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@A_francis]

Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@judynewsom1902]

*Marissa Lynn Babula* is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@EverlyndPerez]

Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.

[@jeffreyadams648]

Yes. They will print more money!

[@libertytree3209]

My family desperately needs to hire physical workers in the trades. QUALITY WORKERS AREN'T OUT THERE. Everyone has been sent to college by a govt that makes money off sending unqualified kids through a college system and giving them degrees no one wants. We need to stop telling kids, hey, go get massive debt, and learn to be a DEI specialist! Instead, learn to turn a wrench and KNOW how to do it right. These trades we are in desperate need for. The kids out there have no real skills, don't understand the way engines work because going through school they aren't learning math and engineering, they are learning rainforest math and how deprived they are.

[@matthewhamm1359]

What happens if we adopt Argentina’s model.? They cut the majority of their government and now they have a surplus of money. Amazing.

[@jsanders9975]

You wouldn't have to cut government programs if you stopped sending money overseas. Ukraine, Israel, illegals combined are getting trillions in aid from United States.

[@paulward5491]

Did their unemployment rate go up, or did it go down?

[@rbbartho1]

Cut taxes and let the private sector economy thrive.

[@josephkelly9036]

Reagan did it.

[@sabinereynaudsf]

GDP shrank by 5.1%. They are in a recession. Unemployment is up, inflation is at 123% for the year.

[@SanityTastesGood]

AUDIT AUDIT AUDIT

[@teresia748]

Vote Trump 2024 for the economy 🇺🇸💯❤️🙏🙏🙏

[@mosheridan7016]

Sleepy joe the spendaholic

[@seymorefact4333]

WTH...manufacturing is in a DEPRESSION for 70 YEARS! and its NOT going to improve. AGING POPULATION, cost of wages, cost of raw materials, cost of energy! JESUS can't even save our PONZI CON-OMY~

[@seymorefact4333]

WTH...manufacturing is in a DEPRESSION for 70 YEARS! and its NOT going to improve. AGING POPULATION, cost of wages, cost of raw materials, cost of energy! JESUS can't even save our PONZI CON-OMY~

[@qtrhors1]

Tiny rate cuts while do nothing to stop what's coming.

[@CombatVeteranUSNAVY]

A rate cut is useless!

[@larrykeesee1442]

FUEL HOUSING AND GROCERIES..

[@trunkmonkey355]

Employers are NOT concerned with employee retention.

[@oDazzleRazzle]

And?

[@trunkmonkey355]

@@oDazzleRazzle and what? Did you listen to the video?

[@ryandarko2115]

I work for a federally owned transit company. They are OVER HIRING EMPLOYEES and cutting hours. Forget about overtime. There is not enough work for everyone. This is a serious problem this over hiring trend is happening to all the major civil service industries

[@BigDaddyLongdick-n4f]

So the newbies speak english?

[@KellyHodge-e2h]

What is the problem of putting people to work?

[@rbbartho1]

Inflationary

[@ryandarko2115]

@@KellyHodge-e2h giving them benefits without enough work

[@frankgreco3569]

Is anyone talking to biden-harris about this ,,or there invisible...what bs,,and people are going to vote for this, something is wrong!!

[@californigirl]

They'll vote HW because of fear mongering and the same russia, russia, russia bs. Meanwhile , CCCP....

[@jeraldjosey]

The gov needs to cut jobs already to big

[@keithbarnhart6952]

yeah, higher unemployment, thats the cure! LOL!

[@dbrew2u]

Rate Cuts now will create more problems than they will help . Such as causing another increase in Home Prices . Now is not the time to be cutting Rates .

[@TamaraTamara0280]

It seems like a solid way to generate extra income, but I wonder how it would affect one's portfolio in the long run.

[@AmeliaNates]

I've dabbled in covered call trading before. It can be lucrative, but if not planned well, it could lead to significant losses, especially in a volatile market

[@Emilylukee]

Plus, considering the current global economy, it's essential to be cautious. Economic downturns or geopolitical events can greatly impact the effectiveness of this strategy.

[@michaeljohnstonn]

The problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

[@AustineRalph]

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

[@AmeliaNates]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with DESIREE RUTH HOFFMAN for the last five years or so, and her returns have been pretty much amazing.

[@ezshmee59]

It might help if the government balanced the budget and started paying back the debt.

[@floridaprepper751]

Inflation is sky high, companies are laying off people. Reducing the interest rate will be devastating for our debts. They need to increase interest rates.

[@poseursm0shpunksslam852]

There's no answers. It's too little too late. They should have jacked the rates up 2 years ago to beat the inflation. Dropping is going to cause inflation to rise. Hyperinflation on the way

[@pacman071]

You're right. It seems like an unavoidable situation. They think the only option is to lower interest rates, so that tells me there's a problem with overall spending and outstanding debt. So it's inevitable that the fed will want to print more money which inflates the supply

[@CarlMartin-hw3ev]

Stagflation?

[@VivianneLegault]

My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. Do i move to 100% cash? What strategies should I be employing in my portfolio right now?

[@MichelleRheaWhitte]

Consult a financial advisor for Rebalancing, Risk Assessment, and ensure that your portfolio is well-diversified across different asset classes (stocks, bonds, real estate.

[@GeertKins]

Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!

[@dougiep2769]

My advise is go outside main stream financial advise... America is about to lose its world reserve currency status and become third world.. nobody is buying t bills and the debt is rising out of control

[@thomasjerling1735]

Most of the private jobs are part time yet all the new government jobs are full time with gold plated benefits and a sweet pension where you can retire in their 40's . Madness.

[@andrewsnyder9262]

Brilliant point

[@SunFlower-1221]

Rate cuts should go as low as 2% to win.

[@dons3073]

Ten thousand a month for rent arrest them

[@davidsonowski414]

What a brilliant idea that rate cuts don't help the economy tell you what helps the economy get the government out of the economy and then the economy will take care of itself but this is what happens when things are made harder and just plain old Common sense would work better

[@worldsdumbesttrumpturd....3143]

Common sense? Like electing a billionaire can save you?

[@timm8263]

STOP CUTTING TAXES ON THE WEALTHY. GET A CLUE!

[@rtquest22]

Stop welfare spending on the poor. Get a clue!

[@timm8263]

@@rtquest22That goes against the teachings of Jesus Christ.

[@rtquest22]

@@timm8263 and that also goes against the entirety of the US Constitution. Remember separation of church and state? Well it's the state's business, not Jesus.

[@amykelley6200]

Cut rates and inflation gets worse😮

[@Holmberg_Audio]

Cut back on government spending. Are you babies?

[@shinji1264]

They're scared of the politicians, which want to fool the public into thinking everything is okay for their lil election campaign.

[@frankdisilvio9131]

We have entered an inflationary depression. It will be far worse than the Great Depression of the 1930's.

[@jab16399]

Everyone is broke. Lowering interest rates won't help that imho.

[@paulward5491]

News alert. Everyone is NOT broke.

[@knrranch1910]

I’m not broke. Stocks are soaring

[@ryanodneal7001]

This. Everyone is broke. Economic leadership is what we need. Biden did absolutely nothing and Harris has no clue. Trump is winning this election

[@ryanodneal7001]

@@knrranch1910 Only reason stocks have done well is huge layoffs and the global recession has made the US stocks the only place to invest. The number of CEO's citing lack of demand on earnings calls is enormous. This is a horrific selling environment because everyone is broke.

[@startek119]

Just cut the rates

[@tonypitsacota2513]

*SPORKS: COME AND TAKE THEM* .

[@kenrobison9528]

Who sold out America?

[@SusanHawkins-i4x]

Every one should be required to take basic bookkeeping in hs including politions

[@paulschmitz9175]

It's not complicated...If they cut rates, inflation will increase. Too many dollars chasing too few goods & services.

[@MrTyler636]

Non of these politicians on both sides care the regular US citizen

[@chadwildeboer1574]

Bonus foe employees. You have better control. Monthly, quarterly. Everyone rides the up and down

[@jeffreygosselin7576]

And the AUTOMOBILE INDUSTRY is in a DEPRESSION! Thanks GRAND HOLM AND BIDENOMICS!!!

[@randykelley380]

The FED is boxed in.

[@andreawahleithner9640]

Please cut. I need to sell my home 😢

[@rickyessa4140]

Less IRS 87.000 jobs

[@Ancejfj]

Freakin 20$ hour what cut our jobs

[@LarryConley-re7ob]

All that money and education and prestige and that's the face you put forward.

[@douglemay7989]

Why does the right only care about fiscal responsibility when they are not in power? Oh, and who are these "expert" clowns?

[@davidschliebe246]

Harris wants to giggle all the way to the White House

[@jimmytate7587]

jobs in california are going down due to fast food worker pay being raised so high. companies like macdonalds and jack in the box are looking furiously for ways to cut costs. automation is seriously being considered. trying to do more work with less employees is a high priority.

[@yellowbird5411]

Recession must be measured differently on a federal financial level than it is on Main St. level. At what point is it called a recession when people are lined up for a mile at the food bank? When car repossessions are at an all-time high? When personal credit card debt is burying folks? When people are living off their retirement far before retirement? There is a disconnect, and "recession" is really a financial formula, not a civilian reality.

[@oddy5705]

This is what happens when school cuts other class activities such as "Music, ECONOMICS"

[@christopherparsons3224]

My concern with rate cuts is that they will have to turn on the money printer to pay for government programs and functions, when they lose revenue from the treasury bills, after people start dumping them and putting their money elsewhere, when their yield drops and after the stock market crashes, due to the rate cuts, and everyone wants to dump their stocks to borrower cheaper money, stocks will be cheap and pay out better than short term treasuries. Then we are back to square one with inflation. Until the government addresses their spending problem, they will only make things worse in the long run.

[@brianruddy8785]

We just need to keep making more government jobs. We need to government our way out of it.

[@daviddruggish271]

Greed begets greed. History shows us what happens when societies get greedy. Guess our leaders think they are somehow smarter.

[@dons3073]

75 dollars for a bag of chips

[@dennishungerford4146]

1980 interest rate was 10% & went higher 15%?after !

[@Steven-s4k]

In 1980 the American people were warned that we could not withstand a 3/4 of a trillion dollars debt. It's 10X that now. So we can handle that ? Please explain.

[@K1-rh7rr]

Not 10X BUT 100X

[@DrBlood-cq2cm]

Credit card debt is only a problem when the payment comes due, right? The payment has not yet come due, but it will because all socialist states fail. When that happens, the social chaos will be of a magnitude never before seen in this country.

[@shinji1264]

Solution lets print more fake money cuz we can... This level of stupidity is insane

[@jasondeaver2117]

They lied to you in 1980 and you fell for it kinda what's happening to you now fool me once shame on you fool me twice shame on me

[@thehonesttruth8808]

@@jasondeaver2117 yes, excessive debt has no consequences…

[@northwestgardener5076]

Increased government waste will make it better.

[@jan_darysh]

No problem

[@cgorman31]

My employer cut pay for last six pay cycles I am Expecting it to continue through Q4. No vacations, holidays, and Christmas this year… went generic on everything and still barely afloat

[@bluestone9562]

we would like to see a video on the dual mandate for the feds. what has to be done to modify the dual mandate?

[@cgorman31]

Thank NVidia majority holders for dumping and then buying cheap last Friday

[@tonicalloway7227]

No recession..the economy will ebb and flow..it just needs to be adjusted..the average worker can only work 36hrs so no matter what job they take..they'll have to take a pt job too..give the people 40hrs plus overtime and stop trying to complain about the whole emoyment situation and just give the people more hrs..more hrs..more economic stimulation..

[@jacla666]

That yellow lady is just unbearable to listen to.

[@fredk9999]

They sell “hope” and we place our focus on the ball and then reality sets in.

[@Compoundingisking]

We been in a recession for 2 years.

[@wavereader8847]

There are more pros than cons for cutting rates. Pros: -Stop bank collapse -Boost GDP -Boost small cap stock -Prevent mass layoff and unemployment -People can pay off credit card loan -Prevent foreclosure increase -Reduce budget deficit from interest payment Cons -Inflation spike (less likely since oil price going down unless more crazy gov spending)

[@1dartow]

Here is a thought. Stop spending money. Either its to countries that hate us or programs that people take advantage of or crooks in general.

[@Dxeus]

The government and MSM cook job numbers better than Gordon Ramsey cooks pasta!

[@shammusomalley8986]

The IMF recently said "Higher for even longer". You should trust the IMF. Volker held the rate at 18%.

[@garydavidson2367]

Says tne guy who help add 8 trillion to the debt 😂😂in 4 yrs

[@fearnofish8940]

If you actually paid attention to that. Then you know if you subtract Covid from the end of Trump’s term and from the beginning of Biden’s term. Then you will see that Biden’s administration added more money than national debt than Trump did. 🤷‍♂️

[@Capitalist_Pig314]

How about going to the fair tax just like they proposed about 10 years ago. That way you can export overseas tax free. That will revive the economy. Fix the education system by making every student a homeschool student. By that I mean, using interactive software instead of mediocre human teachers to teach the majority of kids.that way you get a much more consistent quality of student. They could move at their own rate and Bast amount of money would be saved getting rid of our 19 century education system.

[@GeorgeSchneider8889]

Less regulations did improve Boeing products quality 😂

[@lindsredeker7138]

What about Kamala 's promise to cap prices on product?

[@kevinl7173]

Foreign countries will dump U.S bonds big time that means the interest rate will have go up again eventually

[@Freedo1234]

Fed need to cut rate by one % now

[@MNJ90]

Did he just say soft manufacturing depression.

[@loucontino4804]

Stimulate the economy with rate cuts? No. Leave the interest rate alone and issue a Family Tax Cut. We cannot get these democrats out of office fast enough.

[@Kane-ib5sn]

"Economists warn rate cuts not the answer"...rate cuts are the answer; but they must be augmented with balanced government spending, and higher tariffs in key areas of manufacturing, that need protection - but the ultimate goal, is an economy of supply - as opposed to demand (Christian economic theory, that's been around since a man convinced others to surrender their wealth for redistribution). furthermore, government has to acknowledge it serves the nation, not the other way around. you cannot have a government that continually takes more than it gives, in terms of trust, productivity, innovation, and all the rest of it. the US government as a whole is deficient; too much entitlements.