Friday, April 5, 2019

Trump Calls for Interest Rate Cuts and a New Round of Quantitative Easing

 “I personally think the Fed should drop rates; I think they really slowed us down,” President Trump told reporters today in front of the White House.


“In terms of quantitative tightening, it should absolutely now be quantitative easing,” he added.

Trump is quickly becoming one of the most monetary inflationist leaning presidents in modern history. This is not going to end well. Price inflation could explode upward at any time.

-RW

at 1:40:00 PM

1 comment:

  1. AnonymousApril 5, 2019 at 7:46 PM

    The stock market is all that Donald Dow Jones cares about. He is making me embrace socialism. If we can have socialism for stocks and bonds, why not everyone else?

    ReplyDelete

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