I think what alot of people don’t grasp is that many of the things Trump says and does publicly about the Fed and other economic/trade/monetary policy institutions are simply the more brash version of what every other president has done going back at least to LBJ. Obama clearly leaned on the Fed to enable the Affordable Care Act (Obama Care) to cash flow (and additionally shut down the structure of the FFELP student loan program). He just had more willing allies, was nicer about it, and had a friendly mainstream media to give it a velvet glove touch. Trump kicks the door in, throws a 5 pound turd into the punchbowl of the globalist free trade party and says exactly what he thinks of anyone in the party who walks up to them or scampers across the room. he acknowledges that they hate him, and he hates them in return.
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I think what alot of people don’t grasp is that many of the things Trump says and does publicly about the Fed and other economic/trade/monetary policy institutions are simply the more brash version of what every other president has done going back at least to LBJ. Obama clearly leaned on the Fed to enable the Affordable Care Act (Obama Care) to cash flow (and additionally shut down the structure of the FFELP student loan program). He just had more willing allies, was nicer about it, and had a friendly mainstream media to give it a velvet glove touch. Trump kicks the door in, throws a 5 pound turd into the punchbowl of the globalist free trade party and says exactly what he thinks of anyone in the party who walks up to them or scampers across the room. he acknowledges that they hate him, and he hates them in return.
Spoiler: That’s why he’s been crashing the economy. He thought that would force an interest rate cut but as usual he was wrong.