>ahh geez dood
>>61617761lmaoThis fucking guy.
>>61617761He's trying everything to lower rates in lieu of a seditionist and traitorous Federal Chair. Powell should be thrown into a jail cell by now.
>>61617770If he doesn't like him he should just fire him bro.
I voted for this
>>61617777check'd
>>61617761Who the fuck borrows at 20% or 30%??
>>61617770you are retarded
They're cutting off aid to Israel and capping credit card interest rates? Why is Trump being so anti semitic lately?
>>61617789Everyone with a credit card who is financially illiterate or lives above their means i.e. 90% of America.
>>61617777witnessed
>>61617761fucked up communist shit. market shoudl be allowed to charge whatever people are willing to pay. nobody forcing these people to use CCs. Trump is fucked stupid. he's turning america into CCP china.
>>61617761>people stop getting credit issued to them>economy collapsesam i missing something?
>>61617799>They're cutting off aid to Israelfell for it again award
>>61617761I didn't even know i voted for this
>>61617830Average Massie tweet
>historic and very successful Trump administrationkek >This will boost consumer spending by 97%
>>61617761>I dunno.. three dollaz?
>>61617761>this fucks over retards since they're going to have a harder time getting approved>this fucks over non-retards since CC companies will use this as an excuse to cut back on benefitsI voted for this.
It’s wild to me that people like >>61617770exist and buy into the fake and gay Jewish theatre of politics. Honestly the intelligence is not much different than kids who believe wwe wrestling is real.
>>61617770Decent bait
>>61617761The kikes are 100% gonna kill him if he does this.
>>61617777checked, holy quints
>>61617761>1 yearKek, the goy love fun, shiny, impermanent things.
>>61617770Jpow been keeping my HYSA litty
Any fellow credit card pointsmaxxers out there? This nigger retard policy is going to kill cc perks. I currently get 5% cashback from goybase amex and free flights off amex gold.
>>61618298Couldn’t have said it better myself. Proud to share this board with you anon
>>61617830I voted for this.
buy the dip on monday? because there is 0% chance this actually happens
>>61617770You're retarded, powell saved us from the mess that Yellen made>>61617773This guy is double retarded>>61617789Amazon credit card is set up with like 30%
>>61618307He is the Jews
>>61617770Like 40% of the us economy is fake at this point, rates should be 10% higher
do you think he still writes them by hand? i bet if you prompt "donald trump tweet credit card fees too high" you'll get exactly this
>>61617761All this will do is hamper poor people from getting access to credit, which will simply keep them entrenched in further poverty.
>>61617770doesn't the president have any power? why not remove him if he's working against the administration?
>>61617830Holy shit die kike
>>61617761> lure them in with a trial rate then triple their interest paymentsthis is the 2000's all over again...
>>61617761>"Amex CEO please take me out for dinner and give me a gold statute"
>>61617830Sorry but usury isn't cool
>>61617830jew
>>61617761I gotta pay for these PILLS, ya know? I need these PILLS.
>>61617770>Powellhe's out in May tho
>>61617761Lets celebrate discounted usury!
>>61617830dirty kike
>>61617761fucking price controls lmfao
>>61617761>am calling forWhat does that mean?
>>61622012>>61622474>>61619984>>61617944>>61624453Economic illiterate socialist /pol/ manchildren don't understand the unintended consequences of a policy like this.There's going to be FAR fewer credit cards available.If you're looking for a credit card, you won't be able to get one.Credit cards are set to like 22% because the default rates on these cards are so high so lenders need to protect themselves from risk.If they can't charge 22% then they won't fucking lend.
>>61624623This is the exact thing i voted for.
>>61624626>I voted for the destruction of the american economy
>>61624629>buying cheap chinese plastic on credit is what makes the american economy great
>>61624631If trump wanted to actually turn the economy into a savers economy, he would abolish central banking.But he wants to give them more power and lower rates so what can I tell you
>>61624636This contradicts your previous point >>61624623. Make up your mind.
>>61624638It doesn't.
>>61624649You are so lost i don't know what to tell you anymore.
>>61624656Do you think credit cards wouldn't exist if central banking didn't exist?
>>61624665Please explain to me how a 30% rate on short term credit is a good thing.
>>61624623I am so fatigued with you stupid niggerkikes, emphasis on the nigger part for your high time preference.The issue with playing musical chair is that the music will stop at one point.You understand this is why you have NEVER built a civilisation, and ALWAYS destroy the civilisations you parasite ?You live in the moment, and only do what benefits you NOW.This is also why next to the definition of blowback in a dictionnary, there's pic related.God the Father of Jesus Christ the Logos incarnate, why must you be so incompetent on top of being ontologically Evil, why can't you at least have good governance.
>>61617777checked and based
>>61624656Just when I thought I should probably stop. I guess I sorta, gotta, kinda, maybe have to double down on my white supremacy, nazism, and fascism. I guess.
>>61617830Lmao liberal crocodile tears
>>61624690So why didn't you stop?
>>61624709Stop? I was thinking about it.
>>61624670It's typically 22%.and the answer to that question is that if a company can only make a profit lending to you at that rate(due to high default rates for people with your credit history) then they will lend to you, if not they they wontIf you absolutely need to borrow money for a bit of time and plan on paying it back in a few months, having the option to have credit is better than no credit at all.
>>61617770Correct. Banks create money from nothing and the interest rate should always be 0%, unless debt free money is also being handed out to citizens to create the money to pay off the interest.
>>61624724>if not they they wontThis is a good thing. Easy credit you can default on is the root of all our problems.
>>61617831That this would be all Joes fault(it would be indeed, unironically)
>>61624742What if someone needs credit.I'm literally debtmaxxing right now and owe them like $30k. I pay my monthly payment.But I've made $150k already.I wouldn't have been able to do this without the debt.
>>61622012>Crying about muh usuryNo one is going to lend you money for free. Don't like it, don't borrow money. Simple as.
>>61617761Those credit card companies do really use and fleece consoomer cattle tho.
>>61624636Japan and China have more savings and they have central banks too.
>>61617761I'm financially illiterate; what does this mean in laymen's terms?
>>61617770Have you ever considered that you’re the useful idiot?
Not legal without congressional action, chuds
>>61617770kys cultistand then people wonder why europeans are abandoning us
How do I short the American economy?
>>61624690>this poster is brown
>>61617761Payday Loan shops are licking their chops right now.
>>61629186Buy gold.
>>61624623Great for people all in cashIf you have credit you should kys. Fuck debtors.
>>61624626We know you're a retard who wants to burn it all down because you think you won't be a loser after flipping the table. Past performance predicts future results, so you'll still be a loser.>>61624631Chinese plastic is the only thing keeping the COL manageable post-2008. It's also worth pointing out that every widget the Chinese get into like TVs gets cheaper and higher quality, while everything that America does gets more expensive and worse.
>>61624740You’re poor
It's fine. Once the poors no longer have credit cards, they can get loans from organized crime and offshore banks.
This is so you don't notice that IDF soldiers are killing white Americans in their cars
>>61619957>Poor people are poor because they don't get enough payday loans and credit cards and welfareTRVTHNVKE
>>61617761>Things are so bad we have to propose 10% interest rate caps on this kind of credit.
>>61617761Oy vey a cap on interest rates is EXTREMELY anti-Semitic
>>61617770>>61617761Keep talking. This whole conversation is the case for leveraging junior gold miner ETFs.
>>61617830kike malding
>>61624623You dont have to convince me I already like it.Accelerate
>>61617761>price controlsand boomers will applaud this
>>61619983>Why can't one guy elected by the stupidest white people on earth do whatever he wants to the most important economy on earth without oversight
>>61629229Damn these stocks are already ripping phat at least they are still cheap.Look into EZPW (22 up 350% in 5 years 80% in 1 year chart), FCFS (166 up 50% in 1 year), the other companies in this sector look mad shitty.
>>61629951So true. All of the intelligent white people, along with every black person (very intelligent) voted for Kamala Harris.
>>61629610
>>61629610You know who else enacted ursur- err, "price controls"? That's right, Hitler.
>>61630017Americans are just stupid in general, anon. They have the lowest IQs of any white people for a reason.
>>61629610Trump supporters straight up don't have principles anymore. If Trump says pluck your eyes because they offend me they would gladly gouge away their eyes.
>>61630017To be honest, I had a lot of sympathy for the white working class. However, now that I see what an administration pandering to their concerns and listening to theirs idea for solutions has fucked up everything it's touched, I'm forced to admit that the WWC is as inefficient, incompetent, innumerate as the brown people they don't like. They're probably the most Third Worldist white people in the world.
>>61630080No, they'd stand around being quiet before a random influencer suggested plucking out someone else's instead, which Trump would say "oh that works too" to, and then everyone cheers and rushes to tear out that guy's eyeballs instead without ever questioning why he wanted them to tear out their own eyeballs in the first place.
>>61630081Suspiciously dark hands typed this. If you think a zionist administration is listening to White people and not just doing their own controlled demolition thing, I have a bridge in Baltimore to sell you - and that bridge was destroyed by pajeets...
>>61617761"the plain truth is that capping rates at 10% does not make credit more affordable, it makes it unattainable for millions of working Americans because financial institutions will not be able to offer credit cards to most consumers at a 10% rate"SHUT IT DOWN!
>>61617789My credit score is 800 and my credit card interest rate is 29% lol. I was playing Grand Theft Auto IV the other day and a radio commercial came on for "Fleeca" credit cards and the satirical interest rate they mention on the commercial was 24%.
>>61617770Could be trollCould be genuine idiotMost likely: bot.This board is over.
>>61624623Wouldn’t it cause deflation? Now that spics can’t get credit cards they’ll go back to tacoville? Or companies will be forced to lower prices? I mean who cares we’re all nerd virgins on a basketweaving forum.
>>61630093They are doing the brainfarts of rural white people. They're the "Hell yeah, Department of War, nuke sandniggers, fuck yeah" guys. They're also the guys who were the first to defend massive tariffs.Left to their own devices, catering to these people's policy preferences will ruin the place and the quality of life for the people who lived there and thought these things were good ideas. Look at Indiana. White, very red, and 20 years of BASED Republican rule has seen their quality of life decrease in basically every aspect, which they cheer on.
My credit score is 845My Credit card is basically never used.Why should I care if Stupid people can get 30% APR credit cards they never pay back?
>>61630329Indiana has too many low IQ people to succeed.They hit their cap.People are very nice there though.
>>61617777Unfathomably based.Holy fuck.
>>61617799because he doing things that are loosely for White wellbeing.It's pretty great
>>61629951Anon you should stop being antiwhite before it completely rots your soul.
>>61630329Nice cherrypicking euro shill. Look at Texas and Florida with growing pops and new york and california with negative pop growth. Indiana is in the rust belt so naturally it’s depressed. Die.
>>61630753Texas and Florida are the exceptions. For every one of them, there are several Mississippis or Louisianas with comical levels of ineptness. Most red states are not as well governed as FL or TX, which is why these handful brain drain their neighbors.
>>61630397But... non whites don't have souls. That's why they hate us because we are the children of God, pure and beautiful and capable of creation.
>>61617761Permanently cap it at 5%.
>>61631014Please cool it with the anti-semitism. Thank you.
Literal free money for gold miners. I love this retard man.
>>61619957If poors need credit (that fleeces them with high interest rates) for day to day life, outside of mortgage, then economy and life is fucked for them and you need to look for other solutions.
>>61630161>can't afford credit cardsThen give them debit cards.
>>61630284Powell is a faggot.
>>61617789Every credit card is like 16% or something if you carry it over each pay period. If you treat a CC like cash and pay it back before pay is due you never get hit with the % anyway. Its people who are retarded floating debt on ccs.
>>61624626>>61624680>>61629534>noo i cant pay off my cc bill each month! think of the poor retards who cant figure out how a cc works! When did /biz/ simp for retards who cant pay off a CC?
>>61617799>>61630368Here. Carry this, you fucking shabbos.
>>61631901i used to think like this as well, but when the economy dumps, people look for ways to make ends meet, especially if you lose a job. then it acts as a life preserver, but if the economy is really bad and you can't find another job, you can lose your ability to pay it back and you get into a debt cycle. these people aren't financially illiterate -> they are making a bad decision purposefully under duress because they have no other choicecredit card companies are predatory, they sit on the sidelines and bide their time for years, maybe decades, until you have a moment of weakness and vulnerability that they are able to exploit. you take the credit like a drug and you can't get off it.
>>61617761they'll just lower poorfag credit limits to $1k or cancel their cards entirely -- assuming the law even passes congress, which it wont.
>>61617830>the market should be allowed to shoot your dog and then make you pay for the vet costs
>>61618298>Honestly the intelligence is not much different than kids who believe wwe wrestling is real....it's not?!
>>61631193There are no other solutions because they are the reason they are the poors
>>61630081Anyone who is intelligent, ambitious, or otherwise talented gets as far away from white to trash as possible. They exist to bring you down to their level.
>>61630067
>>61633947Yeah, and Romania would look good if they didn't have to count gypsies, or if Malaysia could only count the Chinese. So what. The reality is that the best American students are about as knowledgeable as the median East Asian college student. The reality is that the American education system turns the children of the most brilliant researchers into average Asians.
>>61633994Romania is 3% gypsy. Wouldn't affect the data that much.
>>61624623You don't understand. I already have the debt. I don't need more credit cards.
>>61633994All the best American students are east asians anyways
>>61634094That's even more embarrassing when you consider how selected America's Asian population is.
>>61633947if europeon nations were allowed to remove the kebabs from their stats it would look a lot better too
>>61633928Poor now vs back whenever is different (same for different parts of the world right now, for that matter). Because technology and living conditions changed.
>>61634065>Romania is 3% gypsyLmao
