Live data from Hacker News

Trump's Handwritten Message to the Fed: Why Startups Should Pay Attention

masatoshinishimura.com

1–4 of 4 posts

Re: Trump's Handwritten Message to the Fed: Why Startups Should Pay Attention

#2
If the Fed would change the rate to 1% that will result in inflation to quickly rise. People who live of savings, like pensioners, will be hit double. It will also result in a devaluation of the dollar, which in combination of the national depth could lead to serious problems. It looks like it will be a quick fix, but in the long run cause more harm than do good.