Of Course Trump’s New Fed Nominee Thinks Trump Is an Economic Genius

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The Fed nominee also thinks the Fed is the “biggest risk” to the economy

into doing for over a year now. Third, she’s called the Fed the “biggest risk” to the economy,said things like, “How can a dozen, slightly less than a dozen, people meeting eight times a year, decide what the cost of capital should be versus some kind of organically, market-supply determined rate? The Fed is not omniscient. They don’t know what the right rate should be. How could anyone?” She also favors a return to the gold standard andMs.

fully abandoned in the early 1970s in favor of a flexible exchange rate for the dollar. “People call me a goldbug, and I think, Well, what does that make them? A Fed bug,” she says. Her big dream is a new Bretton Woods–style conference —“if it takes place at Mar-a-Lago that would be great”—to reset the international monetary system, replacing the current regime, mostly based on floating currencies. Ms.

 

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oh ffs

Look at the coin. It has two sided face. I think Pres T theory on economy is BAD. 5G, Trade War with China & building Great Wall of US.....

It reminds of the George W Bush admin. Always have the fox guarding the henhouse. This is his m.o. with every nominee.

He is! Duh

biggest trade deficit in U.S.HISTORY . HANDING OUT DOLLARS PRINTED ON TOILET PAPER .LIKE CONFETTI 22.025 TRILLION DEBT .EXPECT TO DOUBLE BY 2028.

The brain trust keeps expanding

Right... She believes in the standard, and balances her bank statements on an abacus...

Yet another whack job. Does POSPussyGrabber know anyone living, ya know, on present day Earth?

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