Was the rate cut a Kamala Harris Rate cut or is the U.S. economy experiencing economic deflation because prices are retreating? The only thing happening is that inflation isn’t as rampant as it was prior.
During the Donald Trump presidency, Trump did a lot of money printing. However, consumer inflation did not happen; why? Because Donald Trump with all his fault did NOT of an Environmental, social, and governance(ESG) agenda.
The ESG agenda is the root cause of hatred for Conservative candidates globally because ESG, in practice, is putting in place PERMANENT corporate welfare. Although people in the Diversity, equity, and Inclusion (DEI) camp imagine they have friends in higher places, the truth is that the ESGers are trying to have a stranglehold on the Western World.
When I write about ESG, I’m also talking about “freedom fighters” like Elon Musk, although he’s “supporting” Donald Trump, who by the way is also “Pro Welfare State” Elon Musk appears concerned about CENSORSHIP, but ESG is also a form of censorship.
If you want to see your funding cut, become famous, and then speak negatively against ESG, Elon Musk is for a carbon tax. What are carbon taxes? Carbon Taxes are designed to price out and CENSOR competition. Are humans too stupid to vote with their dollars? Or is it that poor people’s best chance for a better life comes via the fossil fuels TYRANTS like Elon Musk want to convince you should be PRICED OUT of the marketplace?
The Federal Reserve cut interest rates, when it should be raising interest interest rates, however, depending on how you want to interpret the FINANCIAL data, you could say the economy is doing better, but the main reason inflation is cooled is because oil revenue is declining, why is oil revenue declining, because consumers all over the world are purchasing FEWER things, meaning that global trade is slowing.
That’s a good ting right? No, no it’s not, because most western nations have PRICE CONTROLS on wages, housing and all sorts of things, meaning that in order to restart the economy, there will have to be NEW prices established.
Example if there’s a minimum wage, that price of labor is the bare minimum price a can work for meaning that if there’s no profit margin at that artificial price of labor, there will be a SHORTAGE of that domestically made thing or the price of that thing has to rise when it’s reintroduced to the marketplace.
Now, lowering interest rates can also signal to the various branches of government that their economic policies are working, meaning that they may add more layers of REGULATIONS and price controls to the economy.
With that said, more countries all over the world are having a better comprehension of Austrian economics, so in turn, the strength of the U.S. dollar, would likely fuel more U.S. dollars being used overseas.
When you listen to this, you might be saying to yourself, what’s wrong with that? Well, if you’re wondering why so many U.S. politicians are being BOUGHT, that’s one of the reasons why there are a lot of U.S. dollars outside of the U.S. that are purchasing U.S. influence in the media and in the political arena.
If you’re noticing politicians are getting DUMBER, Kamala Harris and Joe Biden are individuals that can easily be manipulated; they’re puppets, and even if you’re a Trump supporter, Trump under pressure tends to make bad, short-sighted decisions, Trump has promised to preserve the welfare state often bragging about it’s the government’s duty to pay for social security and Medicare, so although Trump is better than Kamala Harris, he is still short-sighted.
Trump(The real estate mogul) also wants lower interest rates, so for people arguing that this is a gift for Kamala Harris, I argue it’s not, it’s a gift for WASHINGTON in general, because regardless of who wins the 2024 election, both Trump and Harris will seek to grow the government with lower interest rates.