- Jul 1, 2010
US President Donald Trump has suggested the Federal Reserve could support the US in its simmering trade battle with China.Home owners do not win either unless they are the few that cash out and significantly downsize. Otherwise they will just see their property tax go through the roof. It is common for many to be paying over a grand a month just on their property taxes, and are borderline bankrupt due to this.
QE has screwed nearly everyone, exactly like an educated person would expect when bozo obama printed 4 trillion dollars
The trade dispute between the world's two largest economies escalated this week with tariff hikes on both sides.
In a post on Twitter, Mr Trump said China would move to stimulate its economy to deal with the fallout.
If the Fed were to "match" that potential Chinese stimulus, it would be "game over", he said.
"China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing," Mr Trump wrote on Twitter.
"If the Federal Reserve ever did a 'match,' it would be game over, we win!