[NY TIMES] I Am Part of the Resistance Inside the Trump Administration

We arent talking about car loans bro.

Secondly this dmoneywhatever started this argument talking about Trump era rates

Quantitative easing is like a very short term stimulus but the normal rate has never been than it was in December 2008

Dmoneywhatever isnt refering to quantitative easing

 

prima facie evidence that you have no idea what ur talking about

you do know that Toyota Motors Finance Corp is a financial institution, who borrow $ from the Fed, no?

my advise to you is to quit publicizing ur ignorance !

 

Bro

Toyota Motor Finance is a subsidiary of Toyota

 

ur ignorance manifests itself.

Toyota has many subsidiaries, several of them are financial institutions.

one, specifically, TMFC, is a financial institution in the US, who borrows $ from the Fed​

 

And gets most of its money from Toyota. Not depositors whom it would have to pay interest to

What the **** does your car loan have to do with this thread.

Banks never lended at 0% for a mortgage.

 

Do you understand the mathematical notion of averages? Use your link to get the average interest rates of the Bush Jr verses afterwards and compare...

No one except your slow ass is looking at a single interest rate.

 

Delete

@dmoneybangbang

Averages is moving the goal post. Bush had the lowest rates in history


Trump's rates are only at year so bleep an average vs 8 years

Trump is no lower than Obama or Bush Jr

End of discussion

 

I was trying to have just a general conservation, but yes QE is very important to factor in interest rates/monetary policy.

Obama and Trump’s economy had access to cheaper money than Bush Jr era.

 

Just to chime in a bit, there is NO such thing as 0% interest......although that promotion is offered all the time by companies selling everything from furniture to electronics to cars to whatever. The selling company pays the lending institution their interest up front in such a deal.....even if the lending institution is one of their subsidiaries. It's simply a misleading promotion (although not entirely un-worthwhile sometimes).

 

Lol. How the hell would you determine the interest rates for an era without taking an average?

 

Bush started out at Clinton's rates. He couldn't go from 8 to .25 overnight

 

Very true.

ZIRP was a monetary policy used by various developed, adavanced economies post Financial Crisis.

 

You are moving the goal post. Bush started at a high rate. Trump is starting out at pretty much what bush worked down to because Obama couldnt raose them much

Both obama and trump are working from bush's abnormalities

 

Can I just interject to say your arguments about interest rates are both boring and irrelevant to the thread?

 

But it helps pass the work day!

 

No, you are playing tennis while I’m trying to play football. Why wouldn’t you use averages when comparing one era against another? Im sorry but you are wrong because you have a severe misunderstanding of the issue.

While this silly discussion has amused me throughout the work day this is clearly past off topic. Take care.

 

Cause one was in office eight years and one has been in two

Cause one started with normal rates and one started with abnormal rates caused by the other

Trump and obama have only RAISED rates while all Bush did was LOWER them

YOU'RE WRONG

Good day

 

Lol! I got an hour and half until quitting time.

This is your orginal comment.... You are wrong. Interest rates under Obama and Trump were lower. Interest rates in Obama’s era are lower, interest rates in Trump’s era are lower, and overall post financial crisis are lower.