07-22-2019, 08:47 PM
Pretty much every one of Trump's economic policies are just political policies he likes spun into the context of the economy, but these two Tweets are legit critiques of an actually monetary policy mistake by the Feds. He has been consistent in using this as his argument against the Fed raising rates as well - not just something he decided was politically smart to say in the moment. He got something out of the Wharton School of Finance.
With almost no inflation, our Country is needlessly being forced to pay a MUCH higher interest rate than other countries only because of a very misguided Federal Reserve. In addition, Quantitative Tightening is continuing, making it harder for our Country to compete. As good.....
— Donald J. Trump (@realDonaldTrump) July 22, 2019
....as we have done, it could have been soooo much better. Interest rate costs should have been much lower, & GDP & our Country’s wealth accumulation much higher. Such a waste of time & money. Also, very unfair that other countries manipulate their currencies and pump money in!
— Donald J. Trump (@realDonaldTrump) July 22, 2019