Donald Trump wants Federal Reserve Chairman Jerome Powell Out

Gloxina

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Trump is so stupid on economics it's not even funny. He wants to print money when supply is contracting.

It makes you think he's doing this for an alternative reason. Which I'm beginning to conclude is true.

Control and expansion.
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It’s literally in front of our faces and people don’t want to accept it
 

Gloxina

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I dont understand why powell didnt quit the minute trump got in... all this stress isnt worth the paycheck...:francis::heh:
Uh, he is willing to shoulder the stress because he knows he’s the only thing preventing economic collapse under Trump. Folks better pray that man remains in good health.



Whenever he’s done, that’s probably the time to hunker down or get out this bytch
 
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teach-ya-man-how-to-squabble.gif
 

Tres Leches

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The tariff’s make rate cuts less likely. You can’t cut rates with tariff’s triggering inflation. Trump is a legit moron.
Markets expecting a cut in June with possibility of one or two more later in the year

But yea tariffs are just dumb
 

hashmander

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Eroding the independence the Central Bank usually is a disaster. This has led to economic uncertainty and hyper inflation in Turkey

Erdogan is another stable genius, his version of Trump's silly obsession with tariffs is this:

Erdogan has long argued that high interest rates cause inflation — a theory that runs against mainstream economic theory.
 
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