Summary:
Sees negative rates as a defense against all "teh deficit!" criticisms he's been getting from his right libertarian flank... at negative rates its "free money!" so "teh deficit!" doesn't matter, etc...And he's eventually been getting everything he wants from the Fed... As long as other countries are receiving the benefits of Negative Rates, the USA should also accept the “GIFT”. Big numbers! — Donald J. Trump (@realDonaldTrump) May 12, 2020
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Sees negative rates as a defense against all "teh deficit!" criticisms he's been getting from his right libertarian flank... at negative rates its "free money!" so "teh deficit!" doesn't matter, etc...And he's eventually been getting everything he wants from the Fed... As long as other countries are receiving the benefits of Negative Rates, the USA should also accept the “GIFT”. Big numbers! — Donald J. Trump (@realDonaldTrump) May 12, 2020
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Mike Norman considers the following as important:
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Sees negative rates as a defense against all "teh deficit!" criticisms he's been getting from his right libertarian flank... at negative rates its "free money!" so "teh deficit!" doesn't matter, etc...
And he's eventually been getting everything he wants from the Fed...
As long as other countries are receiving the benefits of Negative Rates, the USA should also accept the “GIFT”. Big numbers!— Donald J. Trump (@realDonaldTrump) May 12, 2020