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BTCBTC
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Mark Cuban
Mark Cuban|4月 05, 2025 02:41
Well we can’t grow our way out of it any more. We need to reduce interest rates. That reduces how much we pay in interest. IMO, best way would have been to implement DOGE cuts in an organized manner over 24 months. That would slow the economy, pushing down rates and probably giving cover for the fed to further reduce rates. More importantly it would give those fired, those who lost their funding and the communities they live in, a chance to prepare and adapt to the changes. Doing them all at once is destructive, particularly to smaller cities and states who depend on fed dollars The concept of DOGE is right on. We need to cut spending. The implementation has been horrific. In fact had it been staggered they may have been able to cut even more. Constructively Once tariffs went up so much, when combined with the simultaneous DOGE Cuts, it was inevitable that we would see carnage. And to make matters worse , because tariffs are inflationary , that makes it hard for the fed to cut rates. So whatever gains we may have gotten from DOGE were taken in lost net worth , tax receipts and consumer buying power
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Timeline

5月 04, 23:39【The Federal Reserve has issued a retail/consumer CBDC】
5月 04, 13:08【Trump reiterates that the Federal Reserve should lower interest rates】
5月 03, 21:28【Katie Hobbs vetoes Bitcoin Reserve Act】
5月 03, 20:35【Arizona Governor Rejects First BTC State Strategic Reserve】
5月 03, 12:42【Untested ETFs are often sold out】
5月 03, 12:11【The Federal Reserve FOMC will announce its interest rate decision on Thursday】
5月 02, 19:50【The Federal Reserve reviews the secret rating of the largest bank in the United States】
5月 02, 18:15【Luigi Mangione's lawyer seeks to dismiss state murder case】
5月 02, 13:21【Non farm payroll reduces the possibility of interest rate cuts in June】
5月 02, 13:12【President Trump calls on the Federal Reserve to lower interest rates again】

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