Over the weekend, President Trump blasted a high note from the Conservative Political Action Conference. Again, the president put pressure on the Federal Reserve as he pointed his finger at Powell. He said, “I want a dollar that does great for our country, but not a dollar that’s so strong that it makes it prohibitive for us to do business with other nations and take their business.” He didn’t mention Powell by name but added noted that the U.S. has “a gentleman that likes raising interest rates in the Fed, we have a gentleman that loves quantitative tightening in the Fed, we have a gentleman that likes a very strong dollar in the Fed.”
Posts Tagged ‘Jim Grant’
Notes From Underground: The Politics of Money
March 3, 2019Notes From Underground: Deceptions and Lies (Or, Just Another Day in the Life of the Western Political Economy)
July 18, 2011First, let me take to the time to direct you to an article that is critical to the basis of NOTES FROM UNDERGROUND. In the weekend edition of the WSJ there was an interview with Jim Grant titled, “THE SCOURGE of the FAITH-BASED PAPER DOLLAR.”The interview covers many issues that I have covered during the last 20 months and serious, difficult issues are presented in a world-class format. There is a quote that must be shared: