Trump unloads on Fed Chair Powell, calling him a “numbskull” and “moron” for not cutting rates.
Says rate cuts could save the U.S. $1 trillion per year.
Hints he might not fire Powell after all.
Shared via https://pullthatupjamie.ai
Discussion
The fact that our economy only booms when we are on steroids is a huge red flag. đźš©
Does reducing the overnight fed funds rate guarantee the long bonds will go down?! I don’t think so…
How is the US government’s debt the Fed’s problem?? It’s not…
I’m confused, or am I??? 🤔
I think there is more than the interest the US would be saving at work here. It’s more messed up than I realize which is why I stack sats into a cold wallet…
Pure Theatre
Why simply not just cut govt expenses, and then as only the USA can do it and not be destroyed by the USA: stop paying the debt and end the fed.
Lol'd at government in quotes 🤣