His latest tweet on the subject:
https://twitter.com/realDonaldTrump/...72273388576768The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!
Here's another one:
https://twitter.com/realDonaldTrump/...83361803149312Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW. Yield curve is at too wide a margin, and no inflation!
And another...
https://twitter.com/realDonaldTrump/...73911748317189With substantial Fed Cuts (there is no inflation) and no quantitative tightening, the dollar will make it possible for our companies to win against any competition. We have the greatest companies...
And another......
https://twitter.com/realDonaldTrump/...85120864092162China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening. We have the potential to go up like a rocket if we did some lowering of rates, like one point, and some quantitative easing.
So, the question is, does Trump understand that the economy is a giant debt-and-inflation fueled bubble, and he just wants to keep it going so that he can keep bragging about it? Or does Trump actually believe that endless money printing is the path to prosperity? Dishonest or stupid? I leave resolution of this mystery to our resident Trump enthusiasts.
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