A maniac among the feds Bargain Basement well give you a trillion dollars right now because of all baseball cards you got civil civil war you got some old rags that round the house will give you a 1000000000. 00 come on down to the money printing shop right now. You know you might want to this is christine the guards money printing go to christine look at well just ridiculous to look at when they have one most soon to print how do you know how to reduce. Little movement is all of that. You. 7 can assume. We know that your friend is not up to par but were going to say i have 100. 00 euros right on my jacket my velvet jacket im feeling flush unprecedented the u. S. Expects to borrow a massive u. S. Dollar 3 trillion or 14 percent of nominal g. D. P. During the 2nd quarter alone current outstanding public debt is now 25. 00 chilean dollars i think were about halfway there in this room kaiser report never fails to deliver the goods you know weve been saying now for a few years that ultimat
Treasury expects to borrow 2. 00 trillion a net marketable debt in april to june quarter 3. 00 trillion dollars more than estimated in february to put not trillion dollars come on down to the feds Bargain Basement to put dollars order now and get 6 trillion dollars more in 6 months or now give 6 trillion dollar war in 6 months come on down to the fed broader base with j. P. L. I print money like a maniac come on down to the feds Bargain Basement ill give you a trillion dollars right now because of all baseball cards you got some also have or youve got some old rags that around the house will give you a 1000000000. 00 come on down to the printing shop right now you know you might want to. This is christine the guards money printing go to christine look at well his trick is to not let the one know most soon to print how do you know where a rebel. Bill of movement is all that. 7 we know that your french is not up to par but were going to say i have 100 euros right on my jacket my velvet j
Offering us a bargain here u. S. Treasury expects to borrow 2. 00 trillion a net marketable debt in april to june quarter 3. 00 trillion dollars more than estimated in february to put not trillion dollars come on down to the feds Bargain Basement to put manchurian dollars order down to 6 trillion dollars more in 6 months or now just 6 trillion dollar war in 6 months come on down to the fed broader base with high of j. P. L. I print money like a man to come on down to the feds Bargain Basement ill give you a trillion dollars right now because of all baseball cards you got some also who are you got some old rags that around the house will give you a 1000000000. 00 come on down to the feds want to print shop right now you know you might want to. This is christine the guards money printing go to christine look at well just ridiculous to look at than the one most soon to imprint how do you know how to reduce. All of movement is all of that. You. 7 can assume. We know that your friend is not
Interest rates in over 10 years, since the great recession. It is pretty momentous to see that rate cut happening. It is happening mainly because of the trade war. Jerome powell at his press conference after the announcement said that this was mainly driven by trade tensions and by Slower Growth overseas. Other parts of the world have caught a cold economically and we want to make sure the United States does not catch that cold. In terms of real people, i looked at houses last week. This is very fresh for me. You look up the mortgage rate, the cost to borrow money. What the Federal Reserve did is they took the rates down. It will be cheaper for companies and individuals to borrow money going forward. Host is this only affecting people who are wanting to buy a house and Mortgage Rates . Does it affect any other area . Guest yes, a lot of different people. Auto loans if youre looking for a car. If youre borrowing money to start a business. Credit cardholders. They should go down a little
Host we are back with Washington Post economic correspondent heather long. She will talk about what the fed did this week and how it affects us. Good morning. Tell me what fed chair Jerome Powell actually announced this week and its impact. Guest we had the first cut in Interest Rates in over 10 years, since the great recession. It is pretty momentous to see that rate cut happening. It is happening mainly because of the trade war. Jerome powell at his press conference after the announcement said that this was mainly driven by trade tensions and by Slower Growth overseas. Other parts of the world have caught a cold economically and we want to make sure the United States does not catch that cold. In terms of real people, i looked at houses last week. This is very fresh for me. You look up the mortgage rate, the cost to borrow money. What the Federal Reserve did is they took the rates down. It will be cheaper for companies and individuals to borrow money going forward. Host is this only a