What monetary tool(s) will the fed use during the next downturn?

Intuit Indiv. #1
Jun 9 49 Comments

With interest rates already pretty low, the fed doesn’t have much room to respond by simply lowering interest rates.

What tools will they use when the next one hits?

44 VOTES ALLOW MULTIPLE SELECTIONS
VOTE VIEW RESULT

comments

Want to comment? LOG IN or SIGN UP
TOP 49 Comments
  • New
    uedC03

    New

    BIO
    I like long beaches on the walk.
    uedC03more
    Im shocked no one talks about our $22tril debt...
    Jun 10 20
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      Short term wins and losses are like winning and losing battles in a war.
      Jun 10
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      Lol.

      Per BLS

      2016: 2.3m
      2017: 2.2m
      Spend $2T
      2018: 2.6m
      2019: 820k (5 month and trailing even 2016)

      But sure, let’s polish this turd and call the tax cut a success.

      #winning so hard, Feds have to cut rates 😅😂🤣😅😂😂
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      Is that a response to me?
      Jun 10
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      @intel and the 6m “jobs” figure
      Jun 10
    • Intel pakajdj88
      We are at full employment because of the tax cuts, though prob not the way you think (corp tax cut stopped companies from literally fleeing the US and makes a lot more sense taxing overseas earnings with a low rate). Fed has to cut rates because the global economy in Europe and China is collapsing. Germany is literally getting paid 1/4 pt to hold people’s cash.

      You obviously have a bias, so not going to respond moving forward since I’m not going convince you to change your mind.
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      lol @pakwhatever dont blame your lack of interweb debating skills on duq. You lost by getting personal.
      Jun 10
    • Intel pakajdj88
      Funny, literally none of my responses were intended for you, they were for DuQvV7y.
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      Mine was intended for you clearly
      Jun 10
    • Intel pakajdj88
      Haha, you’re like the little sidekick twerp peanut gallery while the adults talk.
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      What ever floats your boat, you still lost and got personal. 😊
      Jun 10
  • New / Ops
    tooQ10

    New Ops

    PRE
    Rakuten USA
    BIO
    Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
    tooQ10more
    They will continue to debase the dollar and create inflation just as they have for nearly half a century, destroying the working class and all their productivity gains. Centuries from now people will look back and see this for the abomination that it is.
    Jun 9 6
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      Inflation is under 2% for 10 years.

      Debase is what you do to hookers. You devalue currency.

      But it’s clear this is one of those gold-good/Fed-bad type people sooo, whatevs.

      Objective facts never matters to “you people”.
      Jun 10
    • Oracle pzd
      Debasing currency is technical term, albeit not one quite applicable in this context: https://en.m.wikipedia.org/wiki/Debasement
      Jun 10
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      Your point is...?
      Jun 10
    • Intel pakajdj88
      Except every class has seen their after-tax/transfer income increase more than the debasing. Not to mention the cost of virtually everything not controlled by the government has declined (transportation, communication, and food are the best examples).
      Jun 10
    • Oracle pzd
      > Your point is...?

      My point is that you are unnecessarily nitpicking.
      Jun 10
    • Intel pakajdj88
      My point is the quality of life for every class has gone up regardless of currency debasing/devaluation (which tooQ10 should prob recognize benefits the working class who usually are in debt).
      Jun 10
  • Wells Fargo qUyB01
    Probably praying for deliverance 😂
    Jun 9 0
  • Oracle pzd
    In this political climate, no stimulus plan can pass the congress.
    Jun 9 15
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      The moral of the story is folks don’t know the difference between fiscal (Congress) and monetary (Fed Reserve) policy.

      This is troubling for adults with college degrees not to know
      Jun 10
    • Oracle pzd
      I confuse fed stimulus with govt stimulus, and dude on blind uses that to draw a highly generalized conclusion about college education 😂 classic. You are showing your age, buddy.
      Jun 10
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      While you’re opinionated, this is not an area you particularly know much about.

      Yes. I’m older than many people here. So what?
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      @pzd you also see nothing wrong with a 22T debt. Not to mention, you didn't even know we were in 22T in debt. That clearly shows your immaturity. God help us all if you are a U.S. citizen.
      Jun 10
    • Oracle pzd
      Nope I don't see anything wrong with a $22T debt. It's just a number. Of course, debt needs to be serviced but US can borrow pretty cheap.
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      Who do you think has to pay that number off?
      Jun 10
    • Oracle pzd
      The people who will be earning more in the next 5/10/20 years. Why do you think people take student loan?
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      Yes, and what happens to those students who cant pay their loans, and or those loans become more then they can afford?
      Jun 10
    • Oracle pzd
      That's where we disagree. You are taking a short position on the US economy. I am taking long position. Foreign investors seem to be bullish about the US economy too, or they won't lend you at such low rate.
      Jun 10
    • New
      uedC03

      New

      BIO
      I like long beaches on the walk.
      uedC03more
      What are you disagreeing with in my last post? I didn't make any statements.
      Jun 10
  • Snapchat AlexHeath
    Tariffs FTW. MAGA!!! 🇺🇸
    Jun 9 2
    • Intuit Indiv. #1
      OP
      The fed doesn’t own tariffs. That’s fiscal policy, not monetary policy.
      Jun 9
    • Google __human__
      The slowly dying optimistic side of me believes this was a joke, since it's so precisely wrong on so many levels.
      Jun 9
  • Microsoft idknbd
    There's some room for rate cuts so they'd start there.
    Jun 9 0

Join verified employees in our anonymous social network! Download the app!

close