Extra Extra Read All About It - It's Official: Trump has been IMPEACHED

The #1 community for Gun Owners in Indiana

Member Benefits:

  • Fewer Ads!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!
  • Status
    Not open for further replies.

    Kutnupe14

    Troll Emeritus
    Rating - 0%
    0   0   0
    Jan 13, 2011
    40,294
    149
    I guess I'm not following. I'm not sure that tariffs are actually affecting the interest rates myself, and besides, you should be real happy with the rates compared to when your boy Obama left office. They were between a quarter and half percent then and are sitting at 1.75% now.

    https://countryeconomy.com/key-rates/usa

    A global trade war slows down the economies of all involved. In order to keep an economy from doing so, the Fed will manipulate interests rates by lowering them. This is exactly what is happening now. While many think lowering interest rates is a good thing, the people who were responsible with their money (i.e. savers) see less of a return. That's how it works, regards of Obama whataboutisms.
     

    d.kaufman

    Still Here
    Staff member
    Moderator
    Site Supporter
    Rating - 100%
    130   0   0
    Mar 9, 2013
    15,757
    149
    Hobart
    A global trade war slows down the economies of all involved. In order to keep an economy from doing so, the Fed will manipulate interests rates by lowering them. This is exactly what is happening now. While many think lowering interest rates is a good thing, the people who were responsible with their money (i.e. savers) see less of a return. That's how it works, regards of Obama whataboutisms.

    Still not seeing how it can be blamed on the tariffs. Down .25% with all the mainstream media talk of recession. I more likely to believe it was lowered due to the fearmongering of the leftist media. Either way, you as a self proclaimed "miser" should be happy with the extra 1.0% you've added to your portfolio over the last few years, not complaining
     

    Kutnupe14

    Troll Emeritus
    Rating - 0%
    0   0   0
    Jan 13, 2011
    40,294
    149
    Still not seeing how it can be blamed on the tariffs. Down .25% with all the mainstream media talk of recession. I more likely to believe it was lowered due to the fearmongering of the leftist media. Either way, you as a self proclaimed "miser" should be happy with the extra 1.0% you've added to your portfolio over the last few years, not complaining

    Ok fine. I explained it. I really can't get more basic than I have.
     

    d.kaufman

    Still Here
    Staff member
    Moderator
    Site Supporter
    Rating - 100%
    130   0   0
    Mar 9, 2013
    15,757
    149
    Hobart
    Ok fine. I explained it. I really can't get more basic than I have.

    We'll just have to agree to disagree then. Even if the tariffs could be attributable to interest rates going down, you're still money ahead from 3 years ago, not only from your paycheck being larger but due to your earning more interest than you were in 2016
     

    Ingomike

    Top Hand
    Rating - 100%
    6   0   0
    May 26, 2018
    31,398
    113
    North Central
    Ok fine. I explained it. I really can't get more basic than I have.

    I used to be a totally free market kind of guy. That was before I understood that foreign interests, including socialist and communist regimes were trying to defeat our free country and companies with government subsidies to win the global economic war we are fighting today. The World War III is economic not done with arms and bombs. The sooner the American public learns this the better...

    Tariffs are the antidote to this war...
     

    KG1

    Forgotten Man
    Site Supporter
    Rating - 100%
    66   0   0
    Jan 20, 2009
    26,155
    149
    We can go back and forth about the effects of tariffs all we want but no other recent administration has attempted to take on China the way Trump has. I’ll give him the credit for that.
     

    Phase2

    Grandmaster
    Rating - 100%
    6   0   0
    Dec 9, 2011
    7,014
    27
    So, a CIA "whistle blower" files a complaint containing a considerable amount of false information.
    Rules created to guard integrity of the process had to be changed before he could even file his complaint.

    At what point do we recognize that this isn't whistle blowing, but actually a CIA "operation"?
     

    bobzilla

    Mod in training (in my own mind)
    Rating - 100%
    2   0   0
    Nov 1, 2010
    9,476
    113
    Brownswhitanon.
    Still not seeing how it can be blamed on the tariffs. Down .25% with all the mainstream media talk of recession. I more likely to believe it was lowered due to the fearmongering of the leftist media. Either way, you as a self proclaimed "miser" should be happy with the extra 1.0% you've added to your portfolio over the last few years, not complaining

    Looking backnover our investments for the last 8years, we’ve had more gains (% not dollars) iver the last 3 than we did the previous 5. We were averaging 7%gains in the previous 5 years and we’ve averaged just shy of 10% in the last 3 with last year being an awesome return at 14. If this is doing terrible please keep it up. I want it to stay this bad.
     

    BugI02

    Grandmaster
    Rating - 0%
    0   0   0
    Jul 4, 2013
    32,555
    149
    Columbus, OH
    I used to be a totally free market kind of guy. That was before I understood that foreign interests, including socialist and communist regimes were trying to defeat our free country and companies with government subsidies to win the global economic war we are fighting today. The World War III is economic not done with arms and bombs. The sooner the American public learns this the better...

    Tariffs are the antidote to this war...

    And if he wants a non-communist example, he has only to study Airbus Industrie and how our 'allies' had no compunction treating the US and Boeing the same way
     

    BugI02

    Grandmaster
    Rating - 0%
    0   0   0
    Jul 4, 2013
    32,555
    149
    Columbus, OH
    A global trade war slows down the economies of all involved. In order to keep an economy from doing so, the Fed will manipulate interests rates by lowering them. This is exactly what is happening now. While many think lowering interest rates is a good thing, the people who were responsible with their money (i.e. savers) see less of a return. That's how it works, regards of Obama whataboutisms.

    I would expect you to be better informed, Kut

    Read up on Bernanke and his desire to push savers toward risk-on investment from passive investment. The pressure on interest rates has been deliberately held high long after the recovery from The Great Recession was well underway. If you look you can find him pushing that as fed policy from at least 2010. Not sure .gov deliberately seeking to keep interest rates below inflation for reasons that don't benefit the economy or individual investors/savers should be overlooked while some short term small fluctuations in interest rates for the (IMO) worthy goal of exposing China 2025 and President for life Xi to market pressures bring out the inquisition
     

    BugI02

    Grandmaster
    Rating - 0%
    0   0   0
    Jul 4, 2013
    32,555
    149
    Columbus, OH
    I'm a miser. So the things that affected me the most, due to this trade war, are the lowering of interest rates. Not exactly ideal for savers.

    I find it hard to believe a true miser would invest in [STRIKE]vaporcoin[/STRIKE] bitcoin. I see you as more of a Vegas/Day trader kind of guy, based on that tidbit
     

    Leadeye

    Grandmaster
    Rating - 100%
    4   0   0
    Jan 19, 2009
    37,728
    113
    .
    Business is war. it's tough to compete out there against subsidized products, best way we found was to find niche markets in country and stick to that. Trying to compete against the chinese in their area was rough, either you have to sell at poor margins or get out. Better off to sell to them as a vendor or sell to customers that want something better than what they are pushing.
     

    BugI02

    Grandmaster
    Rating - 0%
    0   0   0
    Jul 4, 2013
    32,555
    149
    Columbus, OH
    I would love to go back to an economy where product was built well and you could actually get parts and fix things you liked and were happy with. It offends my frugal nature and my affinity for the environment to be forced to buy cheap, throw-away **** in so many product lines

    I like to think there are more than a few who feel the same as I do and you have had some success at tapping that sector of the market
     

    KG1

    Forgotten Man
    Site Supporter
    Rating - 100%
    66   0   0
    Jan 20, 2009
    26,155
    149
    So, a CIA "whistle blower" files a complaint containing a considerable amount of false information.
    Rules created to guard integrity of the process had to be changed before he could even file his complaint.

    At what point do we recognize that this isn't whistle blowing, but actually a CIA "operation"?
    I have no doubts in my mind that this appears to be a coordinated effort.
     

    Kutnupe14

    Troll Emeritus
    Rating - 0%
    0   0   0
    Jan 13, 2011
    40,294
    149
    So, a CIA "whistle blower" files a complaint containing a considerable amount of false information.
    Rules created to guard integrity of the process had to be changed before he could even file his complaint.

    At what point do we recognize that this isn't whistle blowing, but actually a CIA "operation"?

    What's been deemed false?
     

    2A_Tom

    Crotchety old member!
    Site Supporter
    Rating - 100%
    3   0   0
    Sep 27, 2010
    26,340
    113
    NWI
    I would love to go back to an economy where product was built well and you could actually get parts and fix things you liked and were happy with. It offends my frugal nature and my affinity for the environment to be forced to buy cheap, throw-away **** in so many product lines

    I like to think there are more than a few who feel the same as I do and you have had some success at tapping that sector of the market

    I had a Maytag washer and dryer. The dryer started making a racket and I tore it apart and replaces about $10 dollars worth of parts and it sounds fine. It stopped heating and I replaced a solenoid for about $10 and it is nearly 20 yrs old and works great.

    The washer transmission went out after about 16 yrs and when I priced it it was over $300 so I got a new machine for $50 more than the part.

    I Remember when I would take my drums and rotors to the parts store and get them resurfaced for $2, I just bought new rotors for the wife's car for $45 each. It must be nearly 20 years ago when I brought in a pair of rotors to be cut and they laughed at me.
     

    Leadeye

    Grandmaster
    Rating - 100%
    4   0   0
    Jan 19, 2009
    37,728
    113
    .
    I would love to go back to an economy where product was built well and you could actually get parts and fix things you liked and were happy with. It offends my frugal nature and my affinity for the environment to be forced to buy cheap, throw-away **** in so many product lines

    I like to think there are more than a few who feel the same as I do and you have had some success at tapping that sector of the market

    It worked great for years, until we were bought out by a much larger company. The way of the future I guess.
     
    Status
    Not open for further replies.
    Top Bottom