Posted on 02/26/2019 9:05:43 AM PST by central_va
WASHINGTON (AP) -- Former Federal Reserve Chair Janet Yellen says she doubts that President Donald Trump has a good grasp of economic policy or even knows the Federal Reserve's mandates.
"I doubt that he would even be able to say that the Fed's goals are maximum employment and price stability," Yellen said in an interview with radio program "Marketplace."
She said Trump has made various inaccurate remarks about the Fed such as that the central bank has an objective for the exchange rate for the dollar that is aimed at supporting the president's trade policies.
She said comments like that show a "lack of understanding of the impact of the Fed on the economy and appropriate policy goals."
Asked in the interview released Monday if she felt Trump had a grasp of macroeconomic policy, Yellen said, "No I do not."
(Excerpt) Read more at yahoo.com ...
You blew up the thread, man!
“I doubt that he would even be able to say that the Fed’s goals are maximum employment and price stability,” That her and her ilk never accomplished!
Now President Trump has accomplished that in little over 2 years so you understand why they HATE him and US:-)
Sounds like a lot of "former" government leftys
wow
He already did. Last year.
lol
Most intelligent man EVER!!
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