The purpose is not to attract foreign capital, but to create a neofeudal state in the USA which is run by the Oligarchs. Destroying the American Political System first required destruction of the American Economy. At that point the Peter Theil guys will move in with their version of money and divide the USA into fiefdoms.
Steve Liesman is a smart guy. A real economist who’s been a round the block. He’s not going to swayed by the talking points of trumps lackeys spewing bullshit as if it’s fact.
I don’t trust economists after they backed the printing of money during Covid and trashed the economy.
CNBC Execs: “Uh, Steve, you were supposed to say due to Biden’s mishandling of the economy, we are headed for a recession. But Trump’s economics will usher in the greatest Golden Age America has ever seen.”
How much does Donald care?
I feel like this has been said already but there’s a hypothesis floating around that Trump’s literally doing this on purpose to force Powell’s hand and cut interest rates.
Earlier in the year, Powell was asked at one of the Fed meetings of how he’d respond to a request by Trump to cut interest rates and JPow insisted that he was sticking to the data and following the dual mandate no matter who was in charge. Seems 🥭 didn’t like that
He is spot on. I wouldn’t call it trashing though, he is just spitting facts. Who is going to want to invest with a literal unhinged lunatic with no guard rails, no respect for the rule of law or the constitution, or basic economics? No one in their right mind, which is why money is pouring out of the markets.
No lies detected
Amazing. Wow. Steve Leisman has always struck me as a water-carrier. But here he is risking his job. Wow.
Kelly. Let me tell you something that 7.7 billion people agree with.
Steve Liesman is a top economist?
I think he’s referring to guardrails, where someone stepped in and told him “sir, that would be stupid, don’t do/say it” in his first term.
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Steve Liesman.
Steve lies man.
It’s in the name.
The purpose is not to attract foreign capital, but to create a neofeudal state in the USA which is run by the Oligarchs. Destroying the American Political System first required destruction of the American Economy. At that point the Peter Theil guys will move in with their version of money and divide the USA into fiefdoms.
Steve Liesman is a smart guy. A real economist who’s been a round the block. He’s not going to swayed by the talking points of trumps lackeys spewing bullshit as if it’s fact.
I don’t trust economists after they backed the printing of money during Covid and trashed the economy.
CNBC Execs: “Uh, Steve, you were supposed to say due to Biden’s mishandling of the economy, we are headed for a recession. But Trump’s economics will usher in the greatest Golden Age America has ever seen.”
How much does Donald care?
I feel like this has been said already but there’s a hypothesis floating around that Trump’s literally doing this on purpose to force Powell’s hand and cut interest rates.
Earlier in the year, Powell was asked at one of the Fed meetings of how he’d respond to a request by Trump to cut interest rates and JPow insisted that he was sticking to the data and following the dual mandate no matter who was in charge. Seems 🥭 didn’t like that
He is spot on. I wouldn’t call it trashing though, he is just spitting facts. Who is going to want to invest with a literal unhinged lunatic with no guard rails, no respect for the rule of law or the constitution, or basic economics? No one in their right mind, which is why money is pouring out of the markets.
No lies detected
Amazing. Wow. Steve Leisman has always struck me as a water-carrier. But here he is risking his job. Wow.
Kelly. Let me tell you something that 7.7 billion people agree with.
Steve Liesman is a top economist?
I think he’s referring to guardrails, where someone stepped in and told him “sir, that would be stupid, don’t do/say it” in his first term.
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