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Wednesday, July 31, 2019

Trump Owns the Federal Reserve | Founding Fathers Daily

https://www.foundingfathersdaily.com/trump-owns-the-federal-reserve/?afid=&utm_source=ffd&utm_medium=email&utm_campaign=art&utm_term=&utm_content=&agency=

 

After a halting and ineffective stretch of conflict with the don't-call-it-a-central-bank, which saw two prospective Fed nominees go down in preemptive flames, Trump has regained his footing and laid claim to America's monetary policy.

He's got two new nominees on a stronger footing.

 

And he's succeeded in getting the sitting Fed to imminently lower interest rates… a total flip flop from where they were before he spoke up about the need for easier money.

 

What's more, one of his new nominees is Judy Shelton, a scholar who supports even bigger rate cuts and wants to guide the dollar… if not the whole world… toward a more stable financial system, perhaps even pegged to the value of gold.