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Joined 9 months ago
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Cake day: March 1st, 2024

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  • Investors are, however, betting that Trump’s plan to cut taxes and raise tariffs will push up inflation and reduce the pace of interest rate cuts.

    Higher rates for longer mean investors will get better returns on savings and investments they hold in dollars.

    So they are hoping we’ll get more inflation so they can get better returns on their bonds, and trump will spin this as good for the economy . Fuck finance, fuck Trump and fuck this shit country.