>https://www.cnbc.com/2019/09/11/trump-says-fed-boneheads-should-cut-interest-rates-to-zero-or-less-us-should-refinance-debt.html
>
Do you really put a lot of faith in the economic advice from "Melt Down " Jim Cramer ?
Look up his rant in August 2007 - "Cramer: Cut the darn discount window. Cut the rate. Open the discount window. Cut the rate. Relieve the pressure."
Now he is critical of Trump - Trump- "The Federal Reserve should get our interest rates down to ZERO, or less"

FWIW
Fed Rates
Dec 16, 2008 — 0.0–0.25[22]
Dec 16, 2015 — 0.25–0.50[23]
Dec 14, 2016 — 0.50–0.75[24]
Mar 15, 2017 — 0.75–1.00[25]
From Dec 2008 until Dec 2015 the Fed rate was 0 - ,25. Around here we would say that was close enough to ZERO for government work.


>Trump wants to re-finance the US Debt.
>
>Great idea if you're a corporation whose bonds have a call option, but US Treasuries are not callable.
>
>Another text from the hip that will be blamed on Fake News.
>
>But even if they were - I and millions like me have used US Treasuries to finance our retirements with the expectation that that Income will never be called into question.
>
Maybe you should have bought Series I bonds in the late 1990's. A "real rate" of 3.2-3.4% ( interest rate + inflation) ain't bad. Just calculate how much the sellers of Manhattan would be worth if they had invested the $24 at 3,2% rate + inflation compounded monthly for nearly 400 years ( let me know if you come up with a number).

>That's when having a sleaze bag who has chiselled his way through life in the White House starts to matter.
>
>If it sounds like a good deal for him, he couldn't care less about the schlubs who might be hurt.
>
>>> No Inflation! It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing. A once in a lifetime opportunity that we are missing because of “Boneheads.”
>
>Cohn precept #4 at work again.
>The "other" here is the "Boneheads."