2 ms·
If Trump does try to politicize the fed he is going to do the one thing that the American political system will not tolerate - messing with the money of the mos
by idiotsecant 10mo ago
If Trump does try to politicize the fed he is going to do the one thing that the American political system will not tolerate - messing with the money of the most powerful capital class in the world. Normally, the incentives of this class are most aligned with grinding the rest of us into a fine powder suitable for lubrication of the engines of commerce, but hopefully just this once they'll come to the rescue. My only fear is that the short term quarterly obsessions that we've built might actually lead to some business supporting this decision out of a suicidal drive for short term gains.
- CamperBob2 10mo agoIf Trump does try to politicize the fed he is going to do the one thing that the American political system will not tolerate I've lost track of the number of times I, and others, have said that. Turns out there really are no brakes on the Trump Train. In the parlance of the metallic-headgear fans, any other POTUS would have been treated to a nice convertible ride through downtown Dallas by now.