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Euros & Dollars: Trump’s Federal Reserve Plans, Part III
I urge Trump to respect the independence of the Federal Reserve. If he does not, as my numbers show, it would mean suicide for the American economy.
I urge Trump to respect the independence of the Federal Reserve. If he does not, as my numbers show, it would mean suicide for the American economy.
The idea behind ending the independence of the Federal Reserve is brutally simple: deficit monetization.
The independence of the Federal Reserve is as essential as the independence of the U.S. Supreme Court.
The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.
The U.S. Treasury keeps selling a lot of short-term, expensive debt when long-term debt is demonstrably cheaper. Why?
Many analysts think that today’s interest rates are the exception and that rates should always be low. History tells a different story.
A review of the past 60 years of inflation and monetary policy shows why the Fed must be conservative as it considers rate cuts later this year.
Finally, the U.S. Treasury is doing something to curb the rise in debt costs. But is it too late already to prevent a fiscal crisis in America?
The U.S. central bank is predicting an economic slowdown, but their numbers are only preliminary. Here is what data to look for in the coming weeks to see if they are correct.
Donald Trump keeps criticizing the Federal Reserve for its interest rate policies. But if he gets what he really wants, he will make inflation great again.