by Tom put it correctly a short while ago when he called it a descent into farce.Larry Kudlow is a moron, there's no two ways to put it.From his goofy "Free market capitalism is the best path to prosperity," chants to his jingoistic, "King Dollar" slogan, the guy is a quack.Kudlow got everything wrong in the crash.1) He predicted hyperinflation from the Fed's monetary policies. 2) He said the dollar would crash. (Also from the Fed's policies.) 3) He said that interest rates were going to skyrocket because "creditors" wouldn't "lend" to us anymore.I will say this about him, though...the guy seems to have nine lives. He was Chief Economist at Bear Stearns, but got fired because he was a coke addict.Then he bounced around and eventually got hired by CNBC. They gave him a show which got canceled
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Mike Norman considers the following as important: Gary Cohn, Larry Kudlow, supply side, Trump
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Larry Kudlow is a moron, there's no two ways to put it.
From his goofy "Free market capitalism is the best path to prosperity," chants to his jingoistic, "King Dollar" slogan, the guy is a quack.
Kudlow got everything wrong in the crash.
1) He predicted hyperinflation from the Fed's monetary policies.
2) He said the dollar would crash. (Also from the Fed's policies.)
3) He said that interest rates were going to skyrocket because "creditors" wouldn't "lend" to us anymore.
I will say this about him, though...the guy seems to have nine lives. He was Chief Economist at Bear Stearns, but got fired because he was a coke addict.
Then he bounced around and eventually got hired by CNBC. They gave him a show which got canceled because of lousy ratings, but they kept him on and still paid him a 7-figure salary.
Now this.
The guy is a joke. He is supply-side zombie. A fool.
One thing I can tell you: he's going to pump up inflation like crazy with more tax cuts. And rates WILL skyrocket this time as the Fed reacts and then hikes and hikes and hikes.
Oh, Mr. King Dollar? He will end up crashing the dollar even faster than Trump has been able to do so far.
I'm gonna make a fortune.
Not a day goes by where Trump doesn't show that he's got no idea what he is doing.