It’s unclear how such an action would help lower U.S. borrowing costs.
Trump issued his demands Friday in a lengthy social media post after a stronger-than-expected August jobs report, which could bolster the case for Fed officials to raise rates at their next policy meeting starting Sept. 15.
In his post, the president exhorted his hand-picked Fed Chairman Kevin Warsh, whom he called “great,” and board members to “get smart” and “BE PATRIOTS for a change.”
“LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT,” Trump posted. “High interest rates put the U.S.A. at a very unfair disadvantage, and I won’t allow that to happen!”
Fucking what?
Well you see diesel gasoline is at a record high price, so you don’t want people talking about that.
But who knows what this is actually a distraction from.
The voting changes, immagration and customs attending polling places, and monthslong disappearances of legislators
I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT
So glad we have so much “freedom” that we have donnie dictating how all of commerce works for the whole country. Meanwhile, the ghoulish cons keep acting like Teh SOSHULIIZZMS is coming for all of your freedoms!
Also, donnie the dumb dumb is one of those morons that gets triggered by hearing “trade deficit”. 🙄
WTF? If anything we should be raising them.
Also, any “jobs report” under this administration is extremely sus.
Well yeah, it’s the smart thing to do and prevents runaway inflation, but it’s unpopular because it takes money away so he’s gonna push for the opposite
Lol, this is wild even for trump BS. I’d call his bluff and let his supporters see the emperor has no clothes.
that will give us zimbabwe levels of inflation. time to cash out your savings and buy wheelbarrows, thats the next red hot commodity to have.
Where have I seen this move before? Oh, right
The Republicans more or less always hold a gun to the head of something normal people care about, but that cons don’t really care all that much about. Most of the time I’m reminded more of Martin Sheen in the end of The Dead Zone when they do this.
This particular instance is wild even by conservative standards, because just about all they care about is unfettered capitalism. I’d like to see everyone call tiny-d donnie’s bluff here and see what happens.
That’s not how this works.
We will be doing so much winning that you may get tired of all the winning! 🫲🍊🫱
Didn’t vote? You voted for fascism. Congratu-fuckin’-lations, now you’ll never have to vote again.
