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With Trump pressuring the independence of the central bank, this doesn't seem symbolism at all. It might very well be that the USA will face a period of high i
by wtcactus 9mo ago
With Trump pressuring the independence of the central bank, this doesn't seem symbolism at all.
It might very well be that the USA will face a period of high inflation soon if we continue down this path of high government spending and no independent central bank to put a break on it.
And I can't even understand why this obsession of lowering interest rates in the USA. The economy is doing great, there's no shortage of investment money going around. There's really no reason to lower in the interest rates before we tackle the leftover inflation that still comes from the COVID measures.
It's Trump's personal insecurities playing again and not allowing anyone to tell him "no". What a child.
- pepperball 9mo ago> And I can't even understand why this obsession of lowering interest rates in the USA. You have to understand how much the middle and lower classes can become addicted to cheap lines of credit made accessible to them.