Steve Sherman Oct 12, 2018
President Donald J. Trump hit the Federal Reserve hard this week. Like many presidents before him, he is discovering the awful power the Fed has over the American economy. And like those presidents, both Democrat and Republican, he doesn’t like it. Most presidents aren’t like Donald Trump. They quietly submit to the Fed and its edicts. President Trump is saying it like it is. He’s mad and he’s not going to take it lying down.
What’s he so mad about? The Fed is purposely hiking interest rates to slow the economy. They claim they are worried about the economy “overheating” yet with recent stock market drops, the true result of the Fed’s actions is to stall economic growth cold in its tracks. Seriously? They’re worried because the economy is growing too much? That’s too much winning!.........To Read More....
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