Trump blasts Federal Reserve as ‘only problem’ with US economy

[mystery-ak]

Trump blasts Federal Reserve as ‘only problem’ with US economy
by Kelly Cohen
 | December 24, 2018 12:25 PM

President Trump condemned the Federal Reserve early Christmas Eve as the stock market dipped on Monday’s short trading day amid interest rate concerns and federal government shutdown drama.

“The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders,” Trump said in a tweet Monday. “The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!”

more
https://www.washingtonexaminer.com/news/trump-blasts-federal-reserve-as-only-problem-with-us-economy

[Night Hides Not]

Gee, I thought it was Trump that appointed the current Fed chairman.

Oh wait, he did:

The current Chairman is Jerome Powell, who was sworn in on February 5, 2018. He was nominated to the position by President Donald Trump on November 2, 2017, and was later confirmed by the Senate.

https://en.wikipedia.org/wiki/Chair_of_the_Federal_Reserve

 

[Victoria33]

Trump blasts Federal Reserve as ‘only problem’ with US economy
by Kelly Cohen
 | December 24, 2018 12:25 PM
President Trump condemned the Federal Reserve early Christmas Eve as the stock market dipped on Monday’s short trading day amid interest rate concerns and federal government shutdown drama. “The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders,” Trump said in a tweet Monday. “The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!”

@mystery-ak
@roamer_1

Trump blames everyone for his troubles - he will never change about that.  He punched out his second grade music teacher and gave him a black eye because he "didn't think he knew anything about music."

That is his problem - he knows more about everything on earth than anyone else.  Now, he blames the Federal Reserve for the stock market crash instead of his creating chaos that causes uncertainty causing the stock market to drop.

"In another round of criticism directed at the Federal Reserve, President Donald Trump said the central bank is to blame for the big stock market DJIA, -2.91%drop on Wednesday but said he wasn't going to fire its chairman, Jerome Powell. "I think the Fed is out of control."

[To-Whose-Benefit?]

The Fed isn't the Only problem with our economy, but it certainly is a Major Problem.

People used to be encouraged to work hard and save their earnings.

With the FED continually adjusting interest rates to enact it's crap, Monetary Policy, all that gets the worker is Screwed.

Interest rates like everything else are Supposed to be Free Market: Determined by the actual Worth of their money, not by some skeeving, pencil necked, thieving, globalist bankster!