Tag: Gold Standard (Monetary)

Goldbugs for Trump

Before going to the White House, Donald Trump demanded that the Fed raise interest rates despite high unemployment and low inflation. Now he’s demanding rate cuts, even though the unemployment rate is much lower and inflation at least a bit higher. To be fair, there is a real economic argument for rate cuts as insurance […]

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Trump’s Decision to Tap Shelton Creates Political Risk for the Fed

WASHINGTON — On a steamy afternoon in late May, Judy Shelton was camped out in the lobby of the Trump Hotel in Washington, holding court with reporters from her perch on a high-backed couch. She had chosen the location, a symbolic backdrop for a big moment in her career. Her name had surfaced as being […]

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