Trump Almost Has a Point About the Federal Reserve

(theatlantic.com)

5 points | by JumpCrisscross 7 hours ago ago

3 comments

  • thread_id 2 hours ago

    The article is actually not about trump at all... rather it is a very clearly articulated case that the fed is completely subject to agency capture by the big banks and outlines a solution for solving this problem

  • Finnucane 6 hours ago

    "The central bank has long abused its power in ways that benefit the financial sector at the expense of everyone else."

    [redacted] would like the Fed to abuse its power to benefit himself at the expense of everyone else. He does not 'almost' have a point, since none of the real problems of the Fed, as outlined in the article, are of his concern. He does not care about doing anything about those issues at all.

  • _wire_ 6 hours ago

    When Trump is "right" about anything, he is correct in the same sense as a stopped clock is right twice a day.

    Trump has an intellectual simplicity and purity to his thought: a single principle, so to speak: if it benefits his own magnificence Trump's for it, otherwise forgetaboutit.