Why Yellen Needs To Kill The “Trump Boom”

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After Trump’s shock “victory”, the markets have been whipped up into euphoria by fake news outlets predicting the economic benefits of Trump’s tax plan, and his supposed success in saving American jobs. This is unfortunately lending credibility to a very dangerous Presidential candidate, who world-renowned economists say is an existential threat to the global economy. In order to save the global economy, and protect Obama’s economic recovery, experts agree that Trump needs to be stopped at any cost.

After many years of careful economic, management, Janet Yellen finally decided to raise interest rates by a whopping 25 basis points, sending the markets into state of shock. Obama’s economic recovery seems to be quite resilient though, and is holding up very well, which can be credited to his strong and wise economic management. Many experts believe that this is the beginning of a sharp tightening cycle that will put the lid on Trump’s intended economic boom, which accredited media outlets such as The Guardian and Bloomberg are rightfully celebrating.

A Trump economic boom would give the alt right and fake news outlets undeserved credibility, which could jeopardize US and global politics for decades, emboldening right-wing extremists to bulldoze extremist political candidates into positions of power and undo decades of political progress. It would also help the main driving force behind fake news and the alt right, Russia, who uses these entities to undermine progressive Western governments and expand their global dominance.

So for the purposes of both political stability and national security, Yellen needs to continue to tighten monetary policy sharply until Trump’s economic credibility is all but destroyed. This may be painful for millions of American workers and retirees in the short run, but in the long run experts agree that it’s more than worth it.

richandrenee

Janet Yellen should be president – unlike the orange freak she has a PhD in economics and a deep understanding of the markets.

Such a large hike in the fed funds target so soon after the last one is a very courageous move and shows that Janet really knows her stuff.

MillionDollarBonus
MillionDollarBonus

Yup – 25 basis points is UNPRECEDENTED over the last decade! She has some serious guts!

richandrenee

Yes all the rubbish we had to listen to from the alt right about the fed not having an exit strategy and being unable to normalize rates – turns out to be just more of their lies.

MillionDollarBonus
MillionDollarBonus

Exactly. Not a dent to the stock market after this huge rate hike. But as I say, we are going to have to crash the economy temporarily to discredit Trump, before restoring Obama’s recovery after he is removed.

Regressive Party ChairMAN
Regressive Party ChairMAN

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You mean like during Reagan’s first term? Reagan had to unravel the damage done by years of Democrat mismanagement. Yes, that caused a temporary economic downturn; however, Reagan was able to lead the US through one of the most productive Guns-n-Butter eras to defeat the liberal socialists in the Soviet Union. Reaganomics led to the fall of the Soviets and therefore indirectly to the Rise of Putin. Win/Win for everyone.

Trumponomics = Reaganomics II. ‘cept this time ’round we will be working together with the whites in Russia instead of against them.

#russian-propaganda

richandrenee

“Mr. Trump can’t bring back the manufacturing jobs that have been lost over the past few decades. Those jobs were lost mainly to technological change, not imports, and they aren’t coming back.”

-Paul Krugman

MillionDollarBonus
MillionDollarBonus

Paul Krugman is so right as usual. China has vastly surpassed the US technologically and is far better at efficiently manufacturing high quality products. They are also dominating the US when it comes to inventions, patents and intellectual property. This is the rise of the East and the fall of the West that many accredited historians and economists have written about for decades, and it’s inevitable. The West has service economies now – and people like Trump need to DEAL WITH IT, and move aside for China to become the new global power.

richandrenee

It’s no wonder – they have sensible internet regulation to maintain social cohesion. Unlike here where the very fabric of our progressive society is being corroded by right wing lies that are freely disseminated on a totally unregulated internet – it’s outrageous.

MillionDollarBonus
MillionDollarBonus

Yes – China is leading the way in the fight against fake news. They filter out all fake news in China. They also send malicious short sellers of their stock market to jail and have implemented a one-child policy in the past. China is showing us the way forward.

Dr.evil
Dr.evil

Funny you say that cause Chinese made steel blades always break after 2 days

#fake-news

Black Lives Matter

Chinese products are vastly superior to American products. I’m tired of being forced to buy cheap American crap because racist hillbillies want to “make America great again.”

Regressive Party ChairMAN
Regressive Party ChairMAN

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Well at least Mr. Yellen got a chance to raise rates once during his tenure. That was the first and last rate hike for him though.

Step 1) Replace Mr. Yellen

Step 2) End the Fed

Trump is taking America back, all the way back.

richandrenee

Gosh you right wingers have trouble with the simplest facts. First of all Janet Yellen is a woman, secondly this is the second time during her tenure that she has raised rates, and thirdly Donald Trump is not going to end the Fed he needs it to fund all his whack job ideas.

Regressive Party ChairMAN
Regressive Party ChairMAN

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Of course, a liberal will always start his rebuttal with an insult!

1) He is a man until the transition is complete.

2) Please give me the date he raised rates. Is this link accredited enuf for you?
http://www.cnbc.com/2015/12/16/fed-raises-rates-for-first-time-since-2006.html

3) Any GovT can issue as much currency as they desire using any method they desire.

You forget, we are beginning a Regressive Era. We are going back, all the way back. You can take Andrew Jackson off the 20, but you canT remove his legacy. End the Fed!

richandrenee

The Fed’s not going anywhere. The link is from 2015 you moron – the first time she raised rates.

Regressive Party ChairMAN
Regressive Party ChairMAN

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That point is moot.

The Fed is losing ground worldwide and will be dismantled during Trump’s first term.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/11/29/Official%20holdings%2012%20month.jpg

#russian-propaganda

richandrenee

Once in 2015 and once in 2016.

1+1=2 or is even that to hard to get through your thick right wing skull?

Regressive Party ChairMAN
Regressive Party ChairMAN

Moot moot.

End the Fed!

MillionDollarBonus
MillionDollarBonus

Taking America all the way back? You mean all the way back to slavery and segregation?? Go back to your KKK rally you disgusting bigot!!

Regressive Party ChairMAN
Regressive Party ChairMAN

All the way back to the Bill of Rights.

The American experiment was fun. Something went very wrong; Start Over and do it better next time…

drb6
drb6

There was slavery and Native American genocide during the times of Bill of Rights. Is that what you want???

Sugarlock
Sugarlock

Mr. Regressive, you seem to fail to understand that the Constitution is a living document. That means that it doesn’t mean the same today as it did when it was written. Our (progressive) Supreme Court decides what it means TODAY. Individual citizens (like you) will only confuse themselves if they try to read the Constitution and decide what it means. Leave it to the (Democratic) experts in Washington, D.C.

Dr.evil
Dr.evil

Your a accredited cocksucker

#hate-speech

drb6
drb6

I wonder if Dr. Evil is coming over to the correct side – his interest in cocksuckers makes me believe he might be of LGBTQIAPK persuasions. So xer comment might be coming out of closet (FINALLY!), and not hate speech

jfb

Looking at this chart https://ycharts.com/indicators/30_year_mortgage_rate one gets the impression that Janet Yellen raised the fed interest rate because the average mortgage rate from private banks went up drastically over the pas 3 months, aka to close the gap between the fed rate and their rates. I would expect here to lead the charge against the orange orangutan, not to trail behind private banks.

Dirk Diggler
Dirk Diggler

Trump needs to grab that yenta by the pussy

#hate-speech

TrueDat
TrueDat

You know how you go in this club and realize its just a sausage festival and you wasted your time and money coming there.

Thats what accredited times has become.

All you whine-a-be s in a big circle jerk thinking your thoughts are inovative and that they will make some sort of difference.

Your only hope is to fool enough peiple to get tour traffic up to make some funds off the advertisements.

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