Trump Calls Out the Fed!
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Trump calls out the Fed and all of the elites out there, they’re grabbing their pearls. They got the vapors. How dare he? How dare Trump call out the Fed and their independence? The Fed needs to be independent. my God. All you pathetic people out there. I’m sorry, but the Fed is never right. Again and again and again, over and over and over again, they get it wrong.
And Trump calling him on that? how dare he look at all the fancy degrees that they have on the wall. So what?
So on. We here have been quite accurate in regards to the economy and interest rates and various different financial calamities when the people in charge, again, the ones, they’re fiercely independent fed and we gotta be able to pay attention. What a load of bunk. There’s an entire industry in the media that is surrounded by this. There’s actual journalists. That’s how they make their living. This is funny. Nick Timmeros, he’s the Wall Street Journal. He’s the Fed whisperer they like to call him.
Yeah, that’s what he covers. Okay. This is his column today. Trump lashes out at a favorite nemesis, the Federal Reserve. President Trump picked up right where he left off during his first term badgering a favorite nemesis, the Federal Reserve and its chair, Jerome Powell, over its recent performance managing inflation and interest rates. Because Jay Powell and the Fed failed to stop the problem they created with inflation, I will do it, Trump said in a post on his social media platform.
Trump issued his latest statement about an hour after Powell concluded a news conference in which he signaled the Fed was comfortable with a new wait and see posture on interest rate cuts. Central Bank lowered its interest rate by a full percentage point over the last three meetings after inflation slowed. But what happened here, Huh? Did it work? What happened with the interest rates? They went in the opposite direction. Hasn’t happened ever.
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100 basis points down, 100 basis points up. We’ve covered that here. At the news conference, Powell leaned heavily on the keep your head down demeanor he honed during his, again, look at these words, his first rodeo with Trump seven years ago. Powell sidestepped multiple questions that could have provoked a collision with Trump. I’m not gonna have any response or comment whatsoever to what the president said. It’s not appropriate for me to do so. Again, it’s Tim Ross again.
loves his little Fed people. He loves his job. Covering these economic ignoramuses that have never, not one of them have had a real job in their entire lives. Take a look at their CVs. They never worked in the private sector. Never worked in the private sector. You know, it’s funny. It’s almost the equivalent of, imagine if they took all these economists at the Fed and they made them
the reporters and commentators for the NFL.
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Would anybody take them seriously? No, probably not. Well, again, they got fancy economic degrees, but have they ever actually worked in the real world? Why do we need to take them seriously, especially when they’re perennially wrong? Again and again and again. So Trump calls out the Fed. Trump can do more for bring down inflation than the Federal Reserve can do. And that’s what Doge is doing right now.
If the bond markets, the global bond markets, if they basically catch on that this whole, you know, fiscal sanity bit that we’re engaging in here in this country, cutting government spending, if it’s here to stay, yeah, yeah, yeah. Guess what? Rates will come down.
Without a doubt the United States becoming fiscally sane getting our economic house in order rates will come down And yeah, you can do that by getting rid of government workers by getting rid of stupid government spending Getting all of this under control. It can be done Can be done and you don’t need the damn fed to do it. Again. We mentioned this again and again Jay Powell The fed never calling out government spending
Never calling out government spending. no, no, it’s not going to be a problem at all. I don’t care. I don’t care if it’s Greenspan. I don’t care if it’s Bernanke. I don’t care if it’s Yellen. I don’t care if it’s Powell. yeah, we were fiercely independent. What a load of bunk. You were fiercely independent. You’d actually call out and explain why inflation was running so hot. You can’t freaking print that amount of money and dump it all over the country and expect things to work. Watchdog on wallstreet.com.
