Trump calls on Federal Reserve chairman Jerome Powell to quit immediately
Trump calls on Federal Reserve chairman Jerome Powell to quit immediately
www.bbc.com
Jerome Powell: Trump calls on US central bank head to quit immediately
18 comments
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Americans are calling on trump to quit immediately
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Trump in control of the central bank. A true nightmare situation.
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Truly. A man who bankrupted a casino in charge of a bank. I'm expecting a lot of embezzling.
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They continue to find new and innovative ways to make the nightmare worse.
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Can't wait until he puts his own yes man in that position. We can take this dumpster fire to 11! Don't get me wrong. This fed is no ally to the working class, but even that goblin of a person knows cutting interest rates like Trump wants would have the remaining international and local investors pull all their money out of the US dollar. At that point. America as a world leader ends.
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"lol, lmao even"
-Jerome probably
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Is it time to shift all investments to bet against the dollar?
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Ahhh, the Erdogan economic strategy. It's a bold move, Cotton, let's see if it pays off for them.
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It sure as fuck won't pay off for us.
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This is the line that even at my most cynical, I never thought Trump would go for/be allied to cross - fuck with the money directly. Ruin the bag for the capital class. Tariffs were bad long term but presented an opportunity for huge wealth transfer during that manufactured chaos’s period of ‘creative destruction’:
“He made $2.5 billion, and he made $900 million! That’s not bad!” Trump said, pointing to financial investor Charles Schwab and then NASCAR team owner Roger Penske
But then again, this loon is who he put forward in his first term, sooo yeah.
18 comments
I call on Trump to resign immediately. Man, I hope this works.
He's too chicken to do something as badass as resigning. Man, I hope this works.
Why didn't we think if this before. Donald Trump, I declare that you must resign immediately.