NoCoPilot
Posts : 20368
Join date : 2013-01-16
Age : 70
Location : Seattle
 | | Subject: The Federal Reserve, one of the last -- and most critical -- politics-free institutions in government, is about to get "Trumped" Sat Mar 23, 2019 9:21 am | |
| - Quote :
- Moore is constantly, laughably wrong. In 1993, he said President Bill Clinton’s slight income tax increase for the wealthiest Americans would “torpedo” the economy. In 2009, he warned that federal budget deficits and the Federal Reserve’s low interest rates were a recipe for hyperinflation, and then doubled down on that prediction. In 2010, he said surging prices would send the price of gold to $2,000 an ounce, as investors fled the worthless dollar for precious metals. None of these things ever happened. He spent much of 2018 applauding President Donald Trump’s supposed efforts to “shoot for” zero tariffs, while Trump actually imposed hundreds of billions of dollars in tariffs.
Moore, unscathed, has bounced from the Cato Institute to the Club for Growth to the Heritage Foundation, happily absorbing the excess capital of conservative think-tank donors in the market for a white guy with the courage to advocate tax cuts. On Friday, in what would be the economist’s greatest, most frightening achievement, Trump announced that he will nominate Moore to the Federal Reserve’s Board of Governors. Source |
|
NoCoPilot
Posts : 20368
Join date : 2013-01-16
Age : 70
Location : Seattle
| | Subject: Re: The Federal Reserve, one of the last -- and most critical -- politics-free institutions in government, is about to get "Trumped" Thu Apr 04, 2019 8:07 pm | |
| |
|
NoCoPilot
Posts : 20368
Join date : 2013-01-16
Age : 70
Location : Seattle
| | Subject: Re: The Federal Reserve, one of the last -- and most critical -- politics-free institutions in government, is about to get "Trumped" Mon Apr 22, 2019 1:17 pm | |
| |
|
NoCoPilot
Posts : 20368
Join date : 2013-01-16
Age : 70
Location : Seattle
| | Subject: Re: The Federal Reserve, one of the last -- and most critical -- politics-free institutions in government, is about to get "Trumped" Wed May 01, 2019 1:28 pm | |
| |
|
NoCoPilot
Posts : 20368
Join date : 2013-01-16
Age : 70
Location : Seattle
| | Subject: Re: The Federal Reserve, one of the last -- and most critical -- politics-free institutions in government, is about to get "Trumped" Thu May 02, 2019 9:57 am | |
| |
|
Sponsored content
| | Subject: Re: The Federal Reserve, one of the last -- and most critical -- politics-free institutions in government, is about to get "Trumped" | |
| |
|
