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Trump pushing Fed for negative rates

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...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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