“The feds have been furiously increasing rates after flat lining them to near zero under Obama. Yellen’s work to undo Trump. The same was done during the Reagan years and leas eventually to Bush Sr losing the elections”
I don’t really agree with your history, but I do agree that what you say is certainly possible now.
Back then, Volker spiked interest rates under Carter, kept them high under Reagan, but lowered them a bunch under Bush Sr (I remember that vividly because I was convinced that the economy would soar and allow his re-election...and the economy did do well). But it didn’t help Bush, the meme of the worst economy in past 50 years was ROCK-SOLID - he never had a chance at re-election with the complete brainwashing of the country.
In the end, it’s hard to tell whether Bush losing was bad for the country. He was the DEFINITION of Deep State (along with his kid) and none of the work Trump was doing would have had a prayer under him.
[In the end, it’s hard to tell whether Bush losing was bad for the country. He was the DEFINITION of Deep State]
I agree. Perhaps the original or should I say, most-efficient at implementing it.
I also think it’s not a coincidence that GHWB, W, Jeb, Bill Clinton, Hillary and Obama are all buddies and oppose our nationalist President who puts America FIRST instead of the open-borders NWO agenda.
But, that’s just me.