Sally
Lv 4
Sally asked in Social ScienceEconomics · 6 months ago

Do you agree with President Trump? Should the Federal Reserve lower interest rates and create more currency???

6 Answers

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  • 6 months ago
    Favorite Answer

    No, because it would cause inflation and higher prices.

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  • 6 months ago

    President Trump is the biggest loser on earth

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  • Oiy
    Lv 5
    6 months ago

    No, Trump wants just to win the election next year, but the FED chairperson has to do nothing. Trump has never listened to his economic adviser this time. The economist guy can't still see a recession ahead.

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  • 6 months ago

    It's a great concept.

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  • ?
    Lv 7
    6 months ago

    This doesnt seem like a prudent move. With the economy the way it is, creating more currency could easily create massive inflation, which would make things worse. The people at the reaerve bank are long time economists who have never bankrupted a casino, so i think id trust to their capabilities in this

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  • Marduk
    Lv 7
    6 months ago

    Interest rates could go negative which is not good. My finance guy explained it to me and it is because interest rates drop during a recession. If the rates are already low, then they could go negative. This is ungood.

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