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Every time POTUS gets a lower rate the market surges. Why is that? It's because everything we've been told about what makes a health economy is good for those who hold its purse strings, and not for us. Of course the market is not a good reflection of an economy's health. Trump is only using it as a healthy sign, because we've been cudgeled into believing that it is.
He's also using it to discredit the Fed by showing that rate hikes are only good for the creditors that make up the Fed, and not good for the nation. And when that lesson has been learned, and rates go to zero he's going to show how a nation does not need a central bank. This is why Andrew Jackson's portrait is over Trump's desk in the Oval Office -- Jackson killed the second central bank. The final blow will be to replace our fiat currency.
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[–] corrbrick 0 points 1 point 1 point (+1|-0) ago
Every time POTUS gets a lower rate the market surges. Why is that? It's because everything we've been told about what makes a health economy is good for those who hold its purse strings, and not for us. Of course the market is not a good reflection of an economy's health. Trump is only using it as a healthy sign, because we've been cudgeled into believing that it is.
He's also using it to discredit the Fed by showing that rate hikes are only good for the creditors that make up the Fed, and not good for the nation. And when that lesson has been learned, and rates go to zero he's going to show how a nation does not need a central bank. This is why Andrew Jackson's portrait is over Trump's desk in the Oval Office -- Jackson killed the second central bank. The final blow will be to replace our fiat currency.