Don Alaska
Well-known member
- Joined
- Mar 10, 2025
- Messages
- 185
I have seen several analysts comment on Trump's tariff moves as being perhaps the most brilliant economic moves ever. I must admit, I am no economist and I don't understand it all, but Trump is apparently deliberately temporarily trashing the stock market, It will force billions of dollars to move from stocks into Treasury bonds. That will push the interest rate down on American debt, lower the interest rate on credit card, car loans and mortgages. Apparently, the stock market only affects 20-25% of the American population, the other interest rates affect many more. It is also thumbing his nose at the Chinese, who dumped U.S. bonds trying to tank our banking system. As the interest rate on the bonds drop, the value goes up, so this move stabilizes U.S. banks (including the Federal Reserve) that are holding U.S. debt. While the media has been screaming all weekend about the stock market crash, Trump's approval rating in polls taken today is actually going up. The wealthy are the hardest hit, but the poorer folks and working-class people are positively impacted. Young people and nonwhites are moving more toward Trump. He apparently has stolen traditional Democrat voting blocs, and left the Left to defend the wealthiest of the population. Very interesting move. He seems to have the courage to bear the load of stock losses impacting many like Pelosi and Schumer for the long-term benefit of the U.S. economy. It also makes it cheaper for people to invest in the U.S.