I have a legitimate question this evening. Why doesn’t public enemy #1 want to lower interest rates?

I mean, if it’s good for the economy (per Trump) why doesn’t he just do it?

And how low can the Feds lower the interest rates? Is 1% a good thing?

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SimplyTracie · 26-30, F

@sarabee1995 Okay. I wasn’t aware that they print it.

MarkPaul · 26-30, M

@SimplyTracie Not again...

SimplyTracie · 26-30, F

@MarkPaul Oops 😬
Typed it in the wrong place.

MarkPaul · 26-30, M

@SimplyTracie No... I typed it where I intended.

sarabee1995 · 26-30, FVIP

@SimplyTracie Well, the Bureau of Engraving & Printing prints them and delivers them in bulk to the various Fed banks. Those banks then decide how much to release into the economy, thusly controlling a portion of the money supply.

MarkPaul · 26-30, M

@MarkPaul Or... maybe not.