I have a legitimate question this evening. Why doesn’t public enemy #1 want to lower interest rates?

I mean, if it’s good for the economy (per Trump) why doesn’t he just do it?

And how low can the Feds lower the interest rates? Is 1% a good thing?

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redredred · M

Because the Left would prefer a recession and economic upheaval to a Trump re-election and the Fed is clearly in the Left camp.

SimplyTracie · 26-30, F

@redredred Why would Trump appoint Jerome Powell as Chair of the federal reserve if he’s a lefty?

SimplyTracie · 26-30, F

@redredred Again, why would Trump appoint Powell if Powell is in the Left camp?

@SimplyTracie Powell is a banker. Bankers aren't left or right. Bankers follow the laws of economics and finance. Powell is also a Republican.

SimplyTracie · 26-30, F

@quitwhendone Well, I glad Powell isn’t a suck up like his other appointees.

samueltyler2 · 80-89, M

@redredred Powell was appointed by traitor trump!