Just as other socialists in this Presidential race, Trump is going to further weaken the economy by continuing to devalue the U.S. Dollar:
The article continues here.President Trump took aim early Tuesday at the Federal Reserve Chairman Jerome H. Powell over the central bank's refusal to cut interest rates similar to other countries to defend against any looming financial downturns threatening the global economy due to the coronavirus.
"Jerome Powell led Federal Reserve has called it wrong from day one," Trump tweeted. "SAD."
The president has been a vocal critic of Powell in the past and once asked who was a bigger enemy, the central bank leader or China's President Xi.
Powell recently said the U.S. economy is on sure footing, but stressed that the central bank stands ready to act if the coronavirus outbreak takes a turn.
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