Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Will Trump lift the economy? It needs it.

Friday, February 10, 2017 8:04
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Quantitative Easing has been used to save the banks.  That it has done.  Share prices have been kept high as a result, and with Trump causing an expectation of growth to come, optimism is currently high.  The problem is that the saved banks are not doing much in the way of lending into the general economy.  Things like transportation, gasoline sales, and many other key indicators of economic activity are still at depressed levels making this the longest recession since The Great Depression.  If QE keeps being used to save the financial sector, the danger is that inflation will kick in, making the current problems far worse.  Ig markets see government debt as unsustainable, the dollar will come under pressure.

There are signs Trump will engineer a boom.

https://sputniknews.com/business/201702101050544092-corporate-america-cheers-as-trump-reaffirms-tax-reform/

Facebooktwittergoogle_plusredditpinterestlinkedinmail



Source: http://tapnewswire.com/2017/02/will-trump-lift-the-economy-it-needs-it/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.