Ep. 115A – Negative Rates Coming to America?

The Kapital News
The Kapital News
Ep. 115A - Negative Rates Coming to America?

It’s breaking news by tweet on a near daily basis. Well today and this evening we came across two newsworthy stories. First, President Trump is now calling for the Federal Reserve to cut interest rates to 0 or perhaps even lower. This of course would mean bringing negative interest rates to the US. The very monetary policy that is destroying the financial system in Europe and Japan is now being called for by the commander-in-chief of the US. This is in addition to repeated calls for not only lower rates, but also further rounds of QE. These are emergency monetary measures that were implemented during the depths of the Great Recession – why then would the President call for such measures? We have a multi-decade low unemployment figure at 3.7%, inflation nearing the Fed’s target of 2%, and the major stock market indexes nearing all-time highs. In addition, the President repeatedly claims that this is the greatest economy in US history – so why call for emergency monetary measures, Mr. President? The second round of tweets sent out this evening was in regards to the US-China trade war. The increase from 25% to 30% that was set to go into effect on 1 October will now be delayed, in the name of “good will,” until 15 October. Just the other day, the Chinese added a handful of US products to their tariff exemption list and so this is the US reciprocating to some degree. The 1 October date is also the 70th anniversary of China. Stay diversified, stay vigilant, and stay with The Kapital News. #Recession #NegativeRates #USChinaTrade #TradeWar #Economics #EndTheFed #WakeUpAmerica #Politics #2020 #Peace #FireNavarro

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