is there a false economy
Is There a False Economy?
All sorts of interesting ideas pop up during a presidential campaign. This year one of the ideas floated by candidate Trump is that the Fed has created a false economy. CNN reports the story.
Now Trump is blaming the Fed for creating a “false economy” with its emphasis on extremely low interest rates.
“They’re keeping rates down because they don’t want everything else to go down,” the Republican presidential nominee told Reuters on Monday.
Trump said the “only thing that is strong is the artificial stock market.”
It’s the latest example of Trump doubting the bull market in stocks and criticizing the Federal Reserve, […]