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To: mairdie; thinden
China and the EU have devalued their currency in an effort to block the impacts from President Trump and the ‘America First’ trade policy.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Unfortunately the Federal Reserve is not fighting on the side of America so far.

We can hope they come to their senses, or can be maneuvered by Trump into doing the right thing.

Keep in mind that if the USA grows at a much higher rate, say 5-10%, we could start paying down the national debt---EVENTUALLY PUTTING THE FED OUT OF BUSINESS.

So there's that.

Call me cynical, but the Fed is acting like they have no intention of letting America get out of financial trouble through rapid growth, and live up to our full economic potential.

189 posted on 08/25/2019 8:50:22 PM PDT by Disestablishmentarian
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To: Disestablishmentarian

::Keep in mind that if the USA grows at a much higher rate, say 5-10%, we could start paying down the national debt-—EVENTUALLY PUTTING THE FED OUT OF BUSINESS.::

~~~~~~~~~~~~~~~~~~~~~~

Which is why they will stop at nothing to take Trump down.


316 posted on 08/26/2019 8:18:38 AM PDT by Bigg Red (WWG1WGA)
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