I hope Powell does the funniest thing and remains a Fed Governor until 2028

Anonymous wrote:Why doesn't Trump just a deposit a trillion dollar coin at the Federal Reserve? Is he stupid?
https://en.m.wikipedia.org/wiki/Trillion-dollar_coin

If you gave Trump a trillion dollars coin Trump would steal it.

Anonymous wrote:Maybe he will get Noems goons to attack him like they did to Senator Padilla.

The FBI thugs are ready to take him out! Just give them the order.

Why doesn't Trump just a deposit a trillion dollar coin at the Federal Reserve? Is he stupid?
https://en.m.wikipedia.org/wiki/Trillion-dollar_coin

Anonymous wrote:

Donald Trump has called Federal Reserve chair Jay Powell a “numbskull” for not cutting interest rates, saying the White House may “have to force something” if the US central bank does not reduce borrowing costs.

https://www.ft.com/content/87a2c699-be5b-4a3b-9ae1-db3e997633af

Do you think it means Trump will have him arrested or just removed as chair?

Sounds like more chaos and distractions by Dump.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Donald Trump has called Federal Reserve chair Jay Powell a “numbskull” for not cutting interest rates, saying the White House may “have to force something” if the US central bank does not reduce borrowing costs.

https://www.ft.com/content/87a2c699-be5b-4a3b-9ae1-db3e997633af

Do you think it means Trump will have him arrested or just removed as chair?

Rambling 80 year old nonsense. We're used to this by now.

Too bad the 80 year old is tanking the economy and our country along with it. If he fires the head of the Fed, the markets (particularly the bond market which is traditionally not volatile) will be spooked as investors assume the guard rails are completely gone.

I don’t like what Trump is doing across the board.

But there is no evidence the economy is “tanking” as you say. The last employment report was stronger than expected, bond yields are behaving, stock market is near an all time high. Where is the “tanking” ?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Donald Trump has called Federal Reserve chair Jay Powell a “numbskull” for not cutting interest rates, saying the White House may “have to force something” if the US central bank does not reduce borrowing costs.

https://www.ft.com/content/87a2c699-be5b-4a3b-9ae1-db3e997633af

Do you think it means Trump will have him arrested or just removed as chair?

Rambling 80 year old nonsense. We're used to this by now.

Too bad the 80 year old is tanking the economy and our country along with it. If he fires the head of the Fed, the markets (particularly the bond market which is traditionally not volatile) will be spooked as investors assume the guard rails are completely gone.

As they will be

Anonymous wrote:

Anonymous wrote:

Donald Trump has called Federal Reserve chair Jay Powell a “numbskull” for not cutting interest rates, saying the White House may “have to force something” if the US central bank does not reduce borrowing costs.

https://www.ft.com/content/87a2c699-be5b-4a3b-9ae1-db3e997633af

Do you think it means Trump will have him arrested or just removed as chair?

Rambling 80 year old nonsense. We're used to this by now.

Too bad the 80 year old is tanking the economy and our country along with it. If he fires the head of the Fed, the markets (particularly the bond market which is traditionally not volatile) will be spooked as investors assume the guard rails are completely gone.

Anonymous wrote:If Trump would just lay-off, then Powell probably would cut the rates b/c all the inflation reports are down. But, Powell is probably resistant b/c Trump keeps criticizing him on SM. Powell does not want to appear to “bend the knee”” to Trump. Bond yields are dropping forecasting a rate cut.

Maybe just maybe Powell's a professional who doesn't depend on image and social media likes to determine policy.

Tough to fathom, i know, with the pantheon of clowns we have now running this country

And maybe Trump should pay attention to other parts of his job for now like international relations.