Peter Navarro Calls For Huge Fed Cut, Trashes WSJ In Bartiromo Interview

Peter Navarro Calls For Huge Fed Cut, Trashes WSJ In Bartiromo Interview

With the dust having settled on a~6% tariff-related stock selloff, Fox Business's Maria Bartiromo welcomed Peter Navarro to the network on Thursday, and you'll never guess what he said. We jest. Peter parroted the usual talking points, which increasingly revolve around the notion that while China is a nefarious external force determined to impoverish US workers and steal American technology, the real problem for the US economy is the Fed. See, despite their differences, Xi is a "good friend" o
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5 thoughts on “Peter Navarro Calls For Huge Fed Cut, Trashes WSJ In Bartiromo Interview

  1. About 6 months ago, great minds were all focused on not allowing the great trump recovery and massive economic explosion get too far out of control, with raging inflation — today we have a policy panic to embrace ZIRP, crash yields and the dollar and get America back to where it was 6 months ago, amazing bullshit! I assume this is all about trump manipulating his private investments, but of course the SEC would never look at insider trading and IRS can’t touch his taxes or ever see what’s going on.

    “International Monetary Fund director Olivier Blanchard has recently said that higher debt levels might not cost us as much as we thought. And the Federal Reserve has admitted that the trade-off between lower unemployment and higher inflation is so small right now that it can afford to raise rates at a much more measured pace than it had assumed.”

    https://www.washingtonpost.com/business/2019/01/25/everything-you-need-know-about-theory-that-deficits-dont-matter/?noredirect=on

  2. I’ve heard of towns having a “Village Idiot” but I didn’t know America now had a “National Idiot” in the White House.

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