IS THE FEDERAL RESERVE HOLDING BACK STOCK MARKET GROWTH?
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IS THE FEDERAL RESERVE HOLDING BACK STOCK MARKET GROWTH?
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Last week, “President Trump said the Federal Reserve has held back the stock market and the economy, claiming that the stock market and GDP would be improved if the Fed “had done its job properly.”
Trump claimed the stock market would be “up 5000 to 10,000 additional points” and GDP would be “well over” 4 percent.
“If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%…with almost no inflation. Quantitative tightening was a killer, should have done the exact opposite!” he tweeted….” (Excerpts from Michael Burke article in THE HILL)
What do you think? Has the Federal Reserve held back the stock market and the economy? How is the economy where you live? Are you better off today than 2 years ago? Leave a comment.
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Banking is crooked. Bankers lend you money they don’t have and central bankers lend bankers money neither of them has(fractional reserve-compounded banking). Wealth is based on the magic of compound interest
instead of labor. Babylonian occultism and finance.
Ron Paul has been requesting to AUDIT THE FED for decades. Read his info at Campaign for Liberty; Reclaim the Republic, Restore the Constitution. Lord create a pathway for more believers to pray for his ministry and may God get all the glory!
We – my wife and I – who are both 60+ and still working, are doing OK financially, definitely better since Trump became president. I’m no economist, but I think Trump is mostly correct in saying that the Federal Reserve has held back the stock market and the economy. The guy running the Fed doesn’t seem to want Trump to succeed, not sure why.