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Mat Broomfield
The Real News Network
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Comments by "Mat Broomfield" (@matbroomfield) on "Fed Comes to its Senses, Lowers Interest Rate" video.
I'm somewhat uncomfortable with a centralised agency manipulating national, and subsequently, global banking and transactions in this way. Perhaps it's my ignorance, but this feels like putting your finger on the scales to compensate for a poorly managed economy in other areas. Surely when the Fed lowers interest rates, America is losing that money? If it is doing so to compensate for Trump's foolish trade war for instance, it feels like stealing money from Americans by the back door.
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What's wrong with that statement? Do you disagree with the guest?
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@redixdoragon Thank you for the info. Do they know WHY capitalism has regular cyclic downturn?
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@redixdoragon Yes, I can see that (thank you) but I wonder why that is the interval?
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Is there precedent to support your claim?
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@DanA-nl5uo No, you snarky prick. I had no idea that that WAS a credit bubble nor that it was caused by the Fed lowering interest rates. Especially as this video said that crash was NOT caused by the Fed.
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@DanA-nl5uo Thank you. So how do stock buy backs make money for the company owners?
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@DanA-nl5uo Ahh of course. Thank you for the clear explanation Dan.
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@TheSteveGainesRockBand I'm being presidential.
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@Bill H So wouldn't a better solution be simply to restrict who banks can lend to so that people only spend within their means?
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Surely a reduction in interest rates affects your mortgage and loan repayments as well?
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