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[quote=Anonymous][quote=Anonymous]This is the reset needed. No more taking advantage of the U.S. trade tariff deficit. We also need lower interest rates. Jerome Powell is the final obstacle standing in the way of broad economic growth. The Fed must act decisively.

To restore historically normal consumer borrowing costs from the 2010s, the Fed should cut the federal funds rate by 1.5 to 2 percentage points, bringing it down from the current 4.25%–4.50% range to about 2.25%–3.00%. That would put us back in line with the credit conditions that supported stable, affordable growth throughout the last expansion.

Here’s what that reset should look like, based on actual borrowing norms from the 2010s:

Mortgage rates: Target 4%–4.5%, consistent with the 2013–2019 average

Credit card APRs: Target 11%–13%, matching typical prime+margin levels pre-2020

Auto loan rates: Target 3.0%–4.0%, as seen from 2012 to 2018 for new 60-month loans

These are not aggressive or speculative figures. They reflect what everyday Americans experienced when monetary policy prioritized economic recovery over inflation fearmongering.

It’s time to stop penalizing borrowers and start rebuilding a healthy, credit-driven economy. A 1.5–2 point cut to the Fed rate is the minimum necessary to return to those conditions.[/quote]

This will spike inflation even more. Interest rates aren't the problem. The Moron-in-Chief's economic policies finally taking hold is the problem.[/quote]

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