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the economy whatsoever, no inflation. i look at things like commodity prices, they are down 15%. i do think that the fed has created this inverted yield curve and it s easy to solve, charles, all the fed has to do is get more dollar liquidity and you guys were right when you said because the u.s. economy is the star of the world economy, everybody wants to invest here. big strong demand for dollars, that s all the more reason for the fed to put more liquidity in there. i would like the fed not to wait until september 15th or whenever their next meeting is in the middle of september, i think they should act immediately to nip this in the bud. look at what s happening in germany. i believe they now have negative interest rates. that s a disaster. i don t want to see that happen in the u.s., i think we should be proactive. real quick, heather, the ten years at 1.53 and it has been plunging. what gives this market some traction from here, heather?
is, and the surge in the value of the dollar, we need to accommodate that by putting more dollar liquidity into the economy because we think we can get 3 to 4% growth. now if we get that, i mean, if you think of how this all started, it was concern at the time with the mexico situation. that s right. neil: and we were slapping tariffs on there because of what they re doing at the border. and the fed comes out telegraphing we re there just in case everything hits the fan. i m generalizing. neil: now we ve got a deal with mexico, and see if they ll stick with the border promises, look like they are. let s say we ve got a deal with china, do you need to cut rates? if we get that deal with china, it s going well above 30,000, it s going to be spectacular. neil: you wouldn t need to cut rates. depends what happens. i always look at prices.
in that respect once again president trump is playing withe fire. i want to play some sound from the heritage foundation, he was on the radio show in new york. it lets a listen. we need to be putting more dollar liquidity into the economy because they re such a demand for dollars now all over the world. everybody wants to invest in the united states and at the same time the world wants more dollars. the fed is sucking them out of the economy. and it s really hurt the stock market. he s pounding on the fed a little bit as well. listen, i m not an economist but i think there s a reason why we have these independent guys making the decision. it s how the system has worked at this point. one can argue with that and i m sure there s an argument within the federal reserve but we don t want the president crossing the stream, as it were, and interfering in that respect. i think that that used to be one of these noncontroversial bipartisan positions. are we now sort of taking trump s
benefit if you are president and ignore the long-term and medium-term consequences. in that respect, once again donald trump is playing with fire. from the heritage foundation, let s take a listen. we need to put more dollar liquidity into the economy because there is such a demand for dollars. everyone wants to invest in the united states and at the same time the fed is sucking them out of the economy and it hurt the stock market. that happened as well. there s a reason we have these independent guys making a decision. one can argue with that and i m sure there s an argument in the federal reserve but we don t want the president crossing the street as it were and interfering in that respect and that used to be one of these noncontroversial bipartisan positions. are we now taking trump s