Trump and the fed
Had the Fed not mistakenly raised interest rates, especially since there is very little inflation, and had they not done the ridiculously timed quantitative tightening, the 3.0% GDP, & Stock Market, would have both been much higher & World Markets would be in a better place!
— Donald J. Trump (@realDonaldTrump) March 29, 2019
Hindsight is 20-20. It’s not clear if additional stimulus would grow the economy or just lead to inflation or excessive risk taking by investors and more dubious loans and financial scamming to make a profit in such a low interest environment.
One of the things I’ve learned growing older is that you should consider what experts say, and while they may not always share your interest, you should listen carefully to what they have to say as they have more experience than you do.
