18 upvotes, 8 direct replies (showing 8)
View submission: Rate cut’s accelerating = 🌈🐻
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Comment by Kingkongcrapper at 08/03/2025 at 18:46 UTC*
41 upvotes, 0 direct replies
Everyone believes these guys have a master plan when it’s just simple. These guys actually believe they are making good decisions that will work out. The prez thinks America is so powerful that if he imposes tariffs the world will give him whatever he wants. Elon truly thinks that by destroying the government he can cultivate an era of innovation and private contractors can do everything the government does better. That’s it. No master plan. No method of shifting when things go wrong. Just an on/off tariff switch and mass firings to express their power. That won’t work long term.
Comment by [deleted] at 08/03/2025 at 18:26 UTC
59 upvotes, 0 direct replies
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Comment by -medicalthrowaway- at 08/03/2025 at 18:39 UTC*
51 upvotes, 3 direct replies
He’s tanking the economy because he has no reason not to. He doesn’t think he’ll need public opinion because he doesn’t think there will be another election
They’re going full on techno-dictatorship or whatever the fuck yarvin and those punks call it
This isn’t chess. He’s not doing (this) shitty thing to cause (that) questionably good thing
This is taking everything they can out of this government, economy and failed experiment called the United States before none of it is left
And this isn’t me being paranoid
There is literally no other explanation
Comment by AlpsSad1364 at 08/03/2025 at 19:04 UTC
6 upvotes, 2 direct replies
If they are that's not going to work how they think it is. Stocks are going to be much much lower by the time that happens and lower rates in an obvious recession isn't necessarily going to make them go up.
But they are clearly making policy on the fly and don't seem to know what they're doing tomorrow never mind have a long term plan.
Besides which everything they're doing is inflationary which means that rates almost certainly won't be cut unless we're in a full blown depression.
HOWEVER... Next year 🥭 gets to appoint a new fed chair and you can be 110% sure he will be loyalist lackey - probably not even an economist - who will do whatever he's told.
So you might well see rate cuts at completely inappropriate times that supercharge inflation while the economy is fading (Stagflation). Furthermore in their desperation to not admit fault they may do something really batshit like doing QE to fund the deficit and even maybe something superduper batshit like raising rates to control inflation while simultaneously QEing to fund the deficit and cutting taxes to encourage growth. The USD would obviously completely collapse at this point and yields would soar, leading to some kind of financial singularity resulting in who knows what.
Comment by ml-pedant at 08/03/2025 at 18:39 UTC
4 upvotes, 0 direct replies
I don’t think they are putting the politics into this. Simply that a rate cutting cycle is usually followed by a downturn. Here highlighted by dotcom, financial crisis, and Covid.
Comment by NVDA_Gaped_Me at 08/03/2025 at 18:34 UTC
8 upvotes, 0 direct replies
I'm not smart, but that definitely seems like what he's doing.
Comment by GoogleKushforLunch at 08/03/2025 at 18:26 UTC
7 upvotes, 0 direct replies
Nah conspiracy theories
Comment by AccessAccomplished33 at 08/03/2025 at 18:40 UTC
2 upvotes, 0 direct replies
I don't know, if the FED is strong minded, they could hold the rates even as shit goes down, if inflation is lingering. So it would be a risky move to tank the the economy for this.