How Trump’s Provocative Economist Crashed the Federal Reserve

Stephen Miran is poised to become first sitting White House official to join modern Fed’s board.

If you want to know how, please read the link to the Wall Street Journal: https://www.wsj.com/politics/elections/how-trumps-provocative-economist-crashed-the-federal-reserve-2a9840e8?mod=hp_lead_pos9

And we have to do this, because one of the MAGA imbecilic snowflakes decided he's going to complain about copyright laws to the SW management, anytime I post stuff that shows what an imbecile Trump is.

Spolier alert: the only reason this guy is important, is that he's OK giving Trump control over the Fed.

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Carla · 61-69, F

So now, trump will be in charge of the federal reserve?
I haven't taken a deep dive into what lowering rates will do. I do know that it will be helpful for big money, paying less interest. The average person, at this moment, can't afford much that those rates apply to. Lower rates certainty won't offset the effects of tariffs, uncertainty or rising inflation.
I am speaking as someone who is far from an economics person...

Northwest · M

@Carla Lowering interest rates will make the economy appear as if it's moving, but only for certain people, but then someone else will have to deal with the mess.

Carla · 61-69, F

@Northwest well, it is all about appearances.

DeWayfarer · 61-69, M

This article was written by someone doing double duty with the WSJ as well as this site. Same day as yours, yet it's a free site.

https://www.morningstar.com/news/dow-jones/202509152181/how-trumps-provocative-economist-crashed-the-federal-reserve

Northwest · M

@DeWayfarer Dow Jones owns 11 publications or brands, the largest publication is the Wall Street Journal. It's not double duty.

What I was trying to explain to the SW Management, is that I am NOT violating copyright laws, but they decided to listen to the MAGA complainer.

The funny thing is that I know when the MAGA is going to complain, because he's too cheap to buy a VIP account, so I see when he visits my profile, to check out what I posted.

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