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Sep 18, 2018

Stefan Gleason: Trump's back-door power play to rein in the Fed: GATA I THE GATA DISPATCH



Submitted by cpowell on 08:45PM ET Tuesday, September 18, 2018. Section: Daily Dispatches By Stefan Gleason

Money Metals News Service
Tuesday, September 18, 2018
"Just run the presses -- print money."
That's what President Donald Trump supposedly instructed his former chief economic adviser, Gary Cohn, to do in response to the budget deficit. The quote appears in Bob Woodward's controversial book "Fear: Trump in the White House."
Trump disputes many of the anecdotes Woodward assembled. But regardless of whether the president used those exact words, they do reflect an "easy money" philosophy that he has expressed many times before. ...
... For the remainder of the commentary:
https://www.moneymetals.com/news/2018/09/18/trumps-power-play-fed-001619