Is Trump making a HUGE mistake urging the Fed to make large rate cut? July 30, 2019,

I’m a huge subscriber to individualism, I like some things about Donald Trump and I don’t like some things about Trump. One of the things I don’t like about Donald Trump is his position related to the Federal Reserve. Money or I should say a Fiat monetary system isn’t something you want to tinker with or give the illusion to people that you’re manipulating. When America came off the Gold Standard and other countries followed suit, the thinking behind a central banking system with Fiat money was that the Central bank acted independently in America. Even if this was never the case, making a public display the way Trump is, I don’t know if that’s such a good thing if the Federal Reserve lowers interest rates.

Trump is throwing out mixed signals about the economy, he keeps chanting about how good it is, yet, he’s not asking the Federal Reserve to even keep interested rates where they are, Donald Trump is asking the Federal Reserve to LOWER interest rates. In fact, Trump’s exact words were as follows:

“I’d like to see a large cut, and I’d like to see quantitative tightening immediately stopped,” Trump said,

“They moved in my opinion far too early and far too severely, and puts me at somewhat of a disadvantage,” he added.

“Fortunately, I’ve made the economy so strong that nothing is going to stop us,”

So yeah, Mr. President that qualifies as Political talk and let’s hope that if interest rates are lowered that the Market interprets your speech as wishful thinking that came true because what Donald Trump is doing inadvertently is giving a potential Democrat President every reason in the book to take away the independence of the Federal Reserve and this my friends is how you destroy the value of a currency.

There’s still a perception that America is the one country on the planet not afraid of Austerity measures. I’m not one to tell Donald Trump what to do, but this isn’t a move a agree with at all. I’m hoping Jerome Powell sees the significance of doing NOTHING on Wednesday, July 31, 2019. This would actually be the best time for Jerome Powell to show that he has some cajones because I have to remind the reader, the U.S dollar as the worlds reserve currency isn’t guaranteed into infinity.

In fact, the death of the Federal reserve dollar could be the Reset the Market wants. If the dollar hits a breaking point and hyper-inflates, I have to remind the reader that, it’s not the end of the world, it’s just the end of the dollar. A bunch of European currencies no longer exist because of moves Trump is attempting to make now. In 1999 the European Union was formed and 20 years later it’s almost as if the European Union was always here. The U.S dollars you have to an attachment to Gold and eventually people got used to them not having that relationship, well Trump better be careful what he wishes for because if he gets it, even if the market reacts favorably in the short term, in the long term, things could get very interesting.

Tomorrow is going to be a huge day for the Federal Reserve. I want you to listen for yourself what Trump said “I’ve made the economy so strong that nothing is going to stop us,” and Trump said the following: “I’d like to see a large cut, and I’d like to see quantitative tightening immediately stopped,” Either Trump is talking politics or he doesn’t understand economics you be the judge, but from my perspective if Jerome Powell lowers rates WOW!

Trump calls for a ‘large’ interest rate cut a day before the Fed makes decision – CBC

Interesting times ahead!