Thursday, October 11, 2018

Hey Yellowhair, the Fed is Independent

Almost all presidents have realized the Federal Reserve was created as an independent body. They never would have spoken out against the bank. Trump, however, has described the bank as “Out of Control.” The market is falling like a rock because Trump threw tariffs on everyone so he could look good when the country came to an agreement with them. He has disrupted free trade and a lot of folks are scared things are going to end badly. I used to go to China and had wonderful, heartwarming experiences. Chinese tell me now is not a good time when we have such a dangerous president. A couple of months ago, I moved all my money(that was not in bonds) into prime money markets paying interest of 2.16. Sounds unimpressive right now, unless you look at the DOW or NASDAQ. The dope with yellow hair is looking for a scapegoat. Try acting like a President for a change.

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