This should be a 5-alarm fire for anyone who cares about inflation. Trump, the presumed Republican presidential nominee, wants to kneecap the Federal Reserve. Politicians have an incentive to manipulate the money supply in ways they think will help them win reelection.

3 comments

1. The GOP is demonstrating such a complete lack of judgement it is astounding.

   Here is the short aand sweet about it.

   Trump, during Obama’s term in 2015 wrote a tweet angry at Yellen (Fed Chair at the time) was artificially decreasing interest rates. He take ls control of the administration, the 10 year yield is even lower than when he wrote the tweet and sudd3nly he is pushing for lower rates.

   Giving him the ability to set monetary policy would be akin to allowing AOC to set monetary policy. Nothing good can come from it.

   In fact, should Donny be elected it could very well set up a huge opportunity to short the $ and US treasuries especially if they put in the POTUS directly controlling monetary policy.

2. Trump wants to make Russia great again, making dolar weaker, slash labor supply and break the entire american economy

3. Seriously how stupid you’d have to be to want the guy who increased the deficit during a strong economy during this times