Tag Archives: Fed Funds rate

Diminution of the Mnuchin

Treasury secretary Mnuchin recently said that Trump’s presidency has added trillions of dollars of value to the stock market. Mnuchin is referring to the “Trump rally,” which is a fraud. This kind of technical babble needs to be diminished. Minions … Continue reading

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Commanding the Collaboration

When Senator Warren and others pushed through lowering student-loan rates, the lower Fed Funds rate was made available only to new loans. What is the benefit of keeping a massive debt bonded to the higher rate? Warren, and other Americans … Continue reading

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