Fed Chair repeats patience and data dependency stance in Senate Testimony.
https://smaulgld.com/fed-chair-powell-indicates-no-shift-in-monetary-policy/
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So, not that I have any love or hate for Trump, but basically their Economic Policy is pretty much just to make him look as bad as possible?
1776 > 1984
The FAILURE of the United States Government to operate and maintain an Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.
The Elimination of Privacy is the Architecture of Genocide
Belief, Money, and Violence are the three ways all people are controlled
Originally Posted by Zippyjuan
Trump wanted higher interest rates when Obama was President and called the stock market figures "fake news". Now he wants the Fed to lower rates and brags about the stock market. People on this forum were critical of near zero interest rates and also now criticize that rates are rising.
http://nymag.com/intelligencer/2018/...supported.html
“The Fed’s reckless monetary policies will cause problems in the years to come,” Trump tweeted in 2011. “The Fed has to be reined in or we will soon be Greece,” referring to the European nation’s debt crisis that forced bailouts by euro-zone countries and the International Monetary Fund.He wants the Fed to do what Trump wants the Fed to do. When he does it, great. When somebody else does it, it is bad.[H]e told CNBC that Yellen should be “ashamed” of the low-interest-rate policy that Trump himself endorsed so fully in May. “She is obviously political, and she’s doing what Obama wants her to do,” he said. Once again, Trump made the claim that there was a secret Obama-Yellen pact to keep rates low, rooted in their nefarious desire to prevent an economic crisis.
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