Friday , April 4 2025
Home / Mike Norman Economics / Trump pushing Fed for negative rates

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.


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.

Leave a Reply

Your email address will not be published. Required fields are marked *