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107 sats \ 3 replies \ @Undisciplined 25 Jun \ on: Economists Warn Trump Will Reignite Inflation econ
It's so hard to anticipate what Trump will do, because he says so many contradictory things.
  • He has said that he loves low interest rates.
  • Also, pro-Bitcoin is the most inflationary (in the nominal fiat price sense) position possible.
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63 sats \ 2 replies \ @siggy47 OP 25 Jun
Remember how he would hound Powell to lower interest rates? Either way things will be bad.
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85 sats \ 0 replies \ @Bell_curve 26 Jun
Powell and FOMC ignored Trump entreaty to lower rates.
In hindsight I think Powell raised rates in 2019 to hurt Trump politically
Powell was also a questionable choice to lead the Fed in 2018
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86 sats \ 0 replies \ @Undisciplined 25 Jun
I don't think it's going to matter much, because they're going to let the bottom fall out if it looks like Trump's going to win.
I'm not sure what to expect if it looks like Biden's going to win. Probably the same, but they'll blame it on Trump somehow.
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