Economy 53,075 Posted April 9, 2019 Share Posted April 9, 2019 https://www.google.ca/amp/s/www.telegraph.co.uk/business/2019/04/05/trump-tells-fed-cut-rates-put-rocket-us-economy/amp/ Trump wants the Federal Reserve to cut rates and print money again via Quantitative Easing and buy up bonds to "Put a rocket ship under US economy" Trump during campaigning ironically constantly criticized the Fed for keeping rates too low and Inflating bubbles but now that he is President short term gain is just fine for Trump Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted April 9, 2019 Share Posted April 9, 2019 Dems take notes. Present this hypocrisy when the election heats up. Link to post Share on other sites More sharing options...
Fresco 1,688 Posted April 9, 2019 Share Posted April 9, 2019 He varies between saying that this is the greatest economy ever, to needing QE that was an extreme measure used to recover from the Great Recession of 2008, the 2nd largest financial disaster since the great depression of 1929. It's either a great economy, or it's a disaster, it can't be both. But this is not the only wacky thing he's said, to put it nicely. He's racking up wacky statements faster than a short order cook making pancakes. Link to post Share on other sites More sharing options...
Economy 53,075 Posted April 9, 2019 Author Share Posted April 9, 2019 6 hours ago, Sky Juil said: He varies between saying that this is the greatest economy ever, to needing QE that was an extreme measure used to recover from the Great Recession of 2008, the 2nd largest financial disaster since the great depression of 1929. It's either a great economy, or it's a disaster, it can't be both. But this is not the only wacky thing he's said, to put it nicely. He's racking up wacky statements faster than a short order cook making pancakes. I know... I can't with his nonsense And the economy was "soooooooo bad and falling apart" during campaigning according to him and 6 months later when he took office after hardly anything changed he called it the best economy ever and took credit for it. Give me a break And strong economies can handle more than 2.5% Fed Rates. He doesn't need to be criticizing the Fed for raising rates and asking for QE. This is the most Non-Sense I've ever heard in the world of economics Link to post Share on other sites More sharing options...
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