Trump Says Lowering Rates Is ‘Litmus Test’ For New Fed Chair

11 thoughts on “Trump Says Lowering Rates Is ‘Litmus Test’ For New Fed Chair”

1. I have concluded that what Trump is seeking is ratings. More viewers. It doesn’t matter what the cost is to the economy or the country; what matters is ratings. Robert F Kennedy Jr as secretary of health. Pete Hegseth as secretary of defense. As pointed out previously here, these people are clowns and sycophants. But what they really deliver on is ratings. A new Fed chair has the potential to bring in big new ratings. Cue Crazy Eddie.

   1. Good ratings,….To prove to his Dad that he is not a loser ?

      1. Yes. 100% correct. He even has referenced that a few times.

   2. He is a narcissist, of a level that “America has never seen”! (At least since Robert Moses, who despite what you think of his tenure over the decades in NYC, got a lot of infrastructure built on time and on budget).
      I believe that Trump is motivated first by power and second by increasing his wealth. Anything else that happens, both for the good or for the bad for our country, is just a byproduct of those two motivations. Somehow it relates back to his relationship with his mother. It’s always the mother! 🙂

      1. His mother? The uneducated dirt poor economic migrant from a colonial backwater working as a domestic servant that spoke english as a second language?

2. “…like most people in Trump’s inner-circle, he’s given up on having any personal agency.”

   I am curious to learn who you believe does have agency in WH decision making, then. Either T is a narcissist easily swayed by “last person he speaks to” (that flatters him) and makes decisions on a whim. Or he is a steadfast decision maker and does not allow anyone in his inner circle to amend his views with their agency. This extends, I believe, to influence from JD, Thiel and whoever since they’d need to influence him through someone in his inner circle first hand.

   I would really like to see your points on this. I do follow your commentary but not as much as I probably should, which pieces of yours or others should i read? Both for economy and foreign affairs (and other areas of importance if you feel generous), as I reckon the answer might be different for each.

   1. I mean, Trump’s an authoritarian (no one else has any agency) and a dupe (last person he spoke to bias). Those two things aren’t mutually exclusive. The “either / or” part of your comment’s a false choice. And to answer your question: You should read the Monthly Letters. Those are the most valuable articles on the site. Of course, that means sitting down and reading 5,000-10,000 words, which I realize is a heavy ask in a world defined by tweet-length attention spans, but I guess I’m just old fashioned.

3. At this point, we need to hire the actor from Happy Gilmore to follow up any Trump interview: “Mr. Trump, what you just said…is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points and may god have mercy on your soul.”

4. “… he’s given up on having any personal agency…”, and a personality, I might sdd.

5. It’s fun to waste time by watching TIK-TOCK or Reels short videos. The same applies to mocking the president.

   But as our Dear Leader often reminds us, this is serious business. Unlike Japan, the US has been dependant on on sneaky foreigners to buy our bonds.

   Perhaps that helps explain the resilience in gold prices?

6. Miami just elected a Democratic mayor for the first time in 30 years, while Trump is calling affordability a hoax again. The midterms are going to be fun.