Trump says 'not even a little bit happy' with Fed's Powell: report

McRocket

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Apr 4, 2018
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'WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday kept up his criticism of Federal Reserve Chairman Jerome Powell, saying rising interest rates and other Fed policies were damaging the U.S. economy, the Washington Post said.


“So far, I’m not even a little bit happy with my selection of Jay,” the Post quoted Trump as saying in an interview, referring to the man he picked last year to lead the Fed.


“Not even a little bit. And I’m not blaming anybody, but I’m just telling you I think that the Fed is way off-base with what they’re doing.”

In recent months, the Republican president has repeatedly criticized Powell and the Fed’s interest rate increases that he said was making it more expensive for his administration to finance its escalating deficits. Trump has called the Fed “crazy” and “ridiculous.”

“I’m doing deals, and I’m not being accommodated by the Fed,” Trump told the Post on Tuesday. “They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me.”'

Trump says 'not even a little bit happy' with Fed's Powell: report | Reuters


Hey Trump, you stupid, piece of excrement...you chose him.

DUH!!!
 
I don't know why Trump is freaking. This is banking 101. Borrowing rates increase as economic growth does. This keeps the currency in check and prevents the economy from overheating and entering inflationary conditions (not that they aren't already present in many areas).
 
I don't know why Trump is freaking. This is banking 101. Borrowing rates increase as economic growth does. This keeps the currency in check and prevents the economy from overheating and entering inflationary conditions (not that they aren't already present in many areas).


It's a shit show.

The entire federal goat fuck is nothing more than a bestiality show in some dank third world shit hole hotel basement.

In fact the quality (and I would prefer being governed by emaciated aboriginal women forced into sucking donkey cock by euroweenie globalists) of the "entertainment" is piss poor at best.

I think Trump has to play along for the most part, and act as if the Fed isn't a malignancy.
 

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