Trump issued his demands in a lengthy social media post after a stronger-than-expected August jobs report, which could bolster the case for Fed officials to raise rates at their next policy meeting starting Sept. 15.
It’s unclear how such an action would help lower U.S. borrowing costs.
A US led global economic depression will lower US borrowing costs, and restart Fed QE operations that were needed during Trump’s first term. This would help juice the stock market even more, even as employment/housing/financial losses crash hard, and inflation continues. While it would lower tax revenue, and require even more borrowing, more tax cuts for the rich (indexing capital gains to inflation), with huge military spending increases, is “cure for everything” for Republlicans. Increasing global hostility towards US is a tool for media to rally support for the fuhrer.
A US led global economic depression will lower US borrowing costs, and restart Fed QE operations that were needed during Trump’s first term. This would help juice the stock market even more, even as employment/housing/financial losses crash hard, and inflation continues. While it would lower tax revenue, and require even more borrowing, more tax cuts for the rich (indexing capital gains to inflation), with huge military spending increases, is “cure for everything” for Republlicans. Increasing global hostility towards US is a tool for media to rally support for the fuhrer.