Remember how convicted felon President Trump spent like 14 months constantly screaming at now-former Federal Reserve Chairman Jerome Powell – even accused him of somehow stealing tens of millions worth of construction materials from the Fed building’s troubled renovation project and selling them on the black market or whatever stupid shit until a judge shut down the “investigation”?
That was funny. Even funnier is that Trump was finally rid of “Too Late” Powell and got to appoint a new guy… Well another new guy since Trump appointed Powell back in 2018. Enter Kevin Warsh, billed as a harcore MAGA loyalist who would do whatever Trump demanded on interest rates.
In related news Trump just posted “Interest Rates in the United States should be 1 percent, or less, because we are the Best Credit in the World — BY FAR. Our Country is BOOMING with new Investment! If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year. The word ‘Deficit’ is nothing more than a fancy word for LOSS. We are ‘carrying’ almost every country in the World, and that cannot go on any longer. LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!” after the Fed, now led by Trump-appointed Chairman Kevin Warsh, raised interest rates on Wednesday, lol.