One thing to watch out for is that Trump's been complaining about the Fed keeping interest rates artificially low. Trump is clueless about economy and, what's worse, he doesn't know who to listen to. He'll probably seek out the advice of other TV stars like himself (e.g., Larry Kudlow). Fed independence? Naw. Look forward to a new era of political pressure on the Fed in a fragile economy that's still recovering from 2008.
"He won't control what the Fed does."
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Rand Paul is a crank who's been trying to push through an "audit the Fed" bill though the Senate. Trump's in favor and there might be enough support now with the GOP majority.
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One thing to watch out for is that Trump's been complaining about the Fed keeping interest rates artificially low. Trump is clueless about economy and, what's worse, he doesn't know who to listen to. He'll probably seek out the advice of other TV stars like himself (e.g., Larry Kudlow). Fed independence? Naw. Look forward to a new era of political pressure on the Fed in a fragile economy that's still recovering from 2008.
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Rand Paul is a crank who's been trying to push through an "audit the Fed" bill though the Senate. Trump's in favor and there might be enough support now with the GOP majority.
Then again, I know it would be hard for me to follow that advice if the election went the other way.