WE WERE RIGHT! Twisted Fed Chair Jerome Powell Crashed the Trump Economic Boom by Raising Rates Far Too Soon — Now Lead Economist Admits He was Purposely Trying to Sink Trump
President Trump used his business acumen to create one of the greatest economies in US History.
Trump enjoyed his 102nd stock market record in October 2018.
Then Fed Chairman Jerome Powell raised the interest rates AGAIN under President Trump.
The Dow Jones then crashed 1500 1,743 1,501 points in just one week.
President Trump said the “Fed is crazy.” He was right.
Trump had been saying that for the past year, with stocks at all-time highs and unemployment at 50-year lows, the Fed’s interest rate increases revealed a far-left liberal bias.
Right after Barack Obama was elected President, on December 16, 2008, the Federal Reserve (The Fed) lowered the Fed Funds rate by an entire percent,