Poor leadership at the Fed will leave Trump (imo) no choice but to voice his opinion bc that’s what leadership does. Trump never said he would force them to do anything.
Trump is following Erdogan..Erdogan said "I am the president of this country, interest rate decision impacts everybody in my country, central bank can't set interest rates against my economic agenda"...Then Erdogan changed the laws so that he can replace the central bank chief whenever he wants...Then Turkey set hugely negative real interest and inflation jumped to 100%+...Then Erdogan replaced the staff who is in charge of measuring inflation, they reported about half of the real inflation rate. When this saga started USD was buying 9 turkish lira 3 years ago, now it buys 33 lira...Trump will straight follow Erdogan, crush USD, inflation will shoot up and Trump will give stimulus to hard working americans to help with raging inflation, which will further spike inflation...Same type of non-sense happened many times in world history, just look at Venezuela, Turkey, Argentina, Brazil etc
@@tommyboy1653 That was nothing, much worse than that will come. Average voter is dumb, which means they would always vote for short term benefits no matter how much damage happens in long term. It is like 5 year old kids asking for sweets giving them immediate joy but resulting in obesity long term
No, he just has a tooth in the back on the left side that hurts a lot. Needs to go to the dentist but he doesn't find the time: he spends too much time on bloomberg shows, because he speaks to slowly due to sever tooth pain.
Nobody doubts that you are one of America's top intellectuals and so are the Fed chairmans. But that doesn't mean you people are connected with the real world. Indeed, all G7 countries have moved to a Fed run independently by intellectuals like you as you said. What you neglected to mention is the fact that all G7 countries' economies have been brought down straight to the basement by their so intelligent Feds.
No one saw it coming. I think the next step is to require a much higher degree of transparency. If we're going to be fed garbage, we're going to have to address the garbage intellectuals on economic issues problem.
Trump never learn , still think about making money 😅😅😅, when state is macroeconomic science not microeconomics... It's about fiscal... If up to trump he will print money for himself and keep it😅😅😅
Poor leadership at the Fed will leave Trump (imo) no choice but to voice his opinion bc that’s what leadership does. Trump never said he would force them to do anything.
Trump is following Erdogan..Erdogan said "I am the president of this country, interest rate decision impacts everybody in my country, central bank can't set interest rates against my economic agenda"...Then Erdogan changed the laws so that he can replace the central bank chief whenever he wants...Then Turkey set hugely negative real interest and inflation jumped to 100%+...Then Erdogan replaced the staff who is in charge of measuring inflation, they reported about half of the real inflation rate. When this saga started USD was buying 9 turkish lira 3 years ago, now it buys 33 lira...Trump will straight follow Erdogan, crush USD, inflation will shoot up and Trump will give stimulus to hard working americans to help with raging inflation, which will further spike inflation...Same type of non-sense happened many times in world history, just look at Venezuela, Turkey, Argentina, Brazil etc
Trump already did it with the stimmy checks so yea you are on to it.
Stimmy was nothing compared to billions giveaway just for Intel😊
@@tommyboy1653 That was nothing, much worse than that will come. Average voter is dumb, which means they would always vote for short term benefits no matter how much damage happens in long term. It is like 5 year old kids asking for sweets giving them immediate joy but resulting in obesity long term
@@ssuwandi3240Intel is also producing tons of chips we need and that the rest of the world will use.
@@tommyboy1653 Nothing compared to Biden's tuition forgiveness which does nothing to the economy
Did Larry have a stroke ? My brother had one and speaks like that now.
That's just the way they speak in Connecticut, nobody is paying attention anymore
No, he just has a tooth in the back on the left side that hurts a lot. Needs to go to the dentist but he doesn't find the time: he spends too much time on bloomberg shows, because he speaks to slowly due to sever tooth pain.
Nobody doubts that you are one of America's top intellectuals and so are the Fed chairmans. But that doesn't mean you people are connected with the real world. Indeed, all G7 countries have moved to a Fed run independently by intellectuals like you as you said. What you neglected to mention is the fact that all G7 countries' economies have been brought down straight to the basement by their so intelligent Feds.
No one saw it coming.
I think the next step is to require a much higher degree of transparency.
If we're going to be fed garbage, we're going to have to address the garbage intellectuals on economic issues problem.
Shouldn't market forces set rates? Not a board of men? Aren't men infinitely fallible and corruptible?
"Fool's game" and politicians influencing Fed: Good thing politicians are never fools.
Is this guy not part of the problem? Why should be listen to a word he says?
I think Larry wusj eating shum marshmallersh
Politicians , wall street, corporations, the wealthy shouldn't be trying to pressure the fed.
Trump never learn , still think about making money 😅😅😅, when state is macroeconomic science not microeconomics...
It's about fiscal...
If up to trump he will print money for himself and keep it😅😅😅
Ok Summers ,tell us who gets the interest on fiat currency created on a keystone by the FED,and who owners the Fed.
There are hundreds of millions of people that know better than the chair of the fed
No there isn't. Do you think the Fed is the Boogeyman too?
A pound of ground round = $8.25 after tax money + 10% sales Tax out the door
Thanks Washington DC
Where are you buying ground round for $8.25/lb and also paying 10% sales tax on groceries? Most states don't tax groceries at all.
Nobody has common sense anymore.