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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: CrashDavis who wrote (25205)	7/16/2025 12:26:57 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26744

ZH is a scam site designed to generate outrage and hits for advertising income. Please don't mention it here. If you want to share the stuff it regurgitates from elsewhere, then click the links they give and use the original source. I saw CNBC's news ticker say the same old news just before President Trump said they were not considering any changes at the Fed but he's upset about amount of money spent on the Fed's new building then followed up with pure BS about how higher rates are costing us more money where the TRUTH is the 5 through 30-year rates went UP after the Fed cut the ONLY rate they control by 1.0%! Trump also mixed in his riff with childish name calling. I can't believe nobody on Trump's staff has the guts to tell him the truth about interest rates... Presidents have learned they can lie about obvious things and get away with it. Biden lied about the "inflation reduction Act" which actually is responsible for higher inflation but rewarded many of his "supporters" with money for their pet programs and ILLEGALLY paid off student debt with more taxpayer borrowing. Subsidize something and it prices go up! My GUESS (as picking motives is hard) is Trump is lying about interest rates so he can blame Powell for a slowing economy caused by tariff uncertainty. He's learned he can lie about things and get away with it such as the constant lie that President Obama is a Muslim. It doesn't matter that Powell and his team are doing a good job and the right thing... Oh well... rant off.