According to Jim Grant, The Federal Reserve regards a second Donald Trump term as a ‘clear, present danger’ to the country – Here’s Why I agree – April 10, 2024

Just to be transparent to the reader, I don’t like Donald Trump or Joe Biden; I LIKED the 2026 CANDIDATE Donald Trump, who I assumed had the HEART to pursue an AUSTERITY MEASURES agenda.

However, the 2024 candidate, Trump, is basically a MODERATE Democrat. Joe Biden is a piece of sh*t; he and his supporters aren’t worth the energy; if you’re voting for Joe Biden in 2024, you’re a piece of sh*t.

With that said, my main problem with Donald Trump, as it relates to the Federal Reserve, is that TRUMP has a SOCIALIST position in regard to controlling interest rates.

 

 

Donald Trump’s position on the Federal Reserve should worry you because one of the main reasons why the CURRENCIES of most nations go to sh*t is because there is no separation between the federal government and central bank policy.

If it’s one thing I like about America’s current piece of sh*t president, it is that I haven’t heard a PEEP out of Joe Biden regarding the Federal Reserve. Donald Trump on the flipside, has gone on the OFFENSIVE, when the Federal Reserve doesn’t do what Trump wants regarding interest rates.

Now, even if you prefer Trump’s position on interest rates, the mere fact that Trump is DUMB enough to PUBLICALLY call out the Federal Reserve in hopes of making the Federal Reserve’s actions more POLITICALLY based is a CLEAR AND PRESENT danger because if America continues down it’s current path, you have to anticipate, that a Bernie Sanders type PRESIDENT will be “crown” in the near future and if it becomes popular for Presidents to call out the central banks when they don’t like interest rates, well, now, you’ve 100% politicized the Federal Reserve.

So, I agree with Jim Grant and I actually agree with the Federal Reserve’s position that Donald Trump presents a clear danger to the country as it relates to the stability of the U.S. dollar.

I remind anyone reading this that central banks controlling interest rates is a PRICE CONTROL mechanism, and price controls DESTROY the value of money. Keynesian economics should only be considered in the WORST of circumstances.

We are NOT in the worst of circumstances in the world today; we are in the DUMBEST of circumstances, humanity has finally found itself in a position of ABUNDANCE, and the socialists are trying to RESTRICT supply, not via the money, via POLICY, for example ESG policies, in PRACTICE are DEFLATIONARY, and the only way to stop the economy from deflating is for the FEDERAL government to PRINT money.

With that said higher interest rates are allowing that FAKE money to get DESTROYED; if Trump lowers interest rates without AUSTERITY MEASURES (which is NOT part of his platform), he’s going to REWARD bad economic behavior.

In America, for example, there is NO incentive for far-left U.S. states to cut spending; you might say that’s a good thing, well I remind you that EMERGENCE and the demand for Bernie Sanders and Joe Biden is because Americans are now convinced that money grows on trees.

Those of us who know better are a TINY MINORITY, and you have to factor in the reality Trump wants to PRESERVE social security and Medicare and will want to cut interest rates to do it.

Trump’s ECONOMIC policies in practice are PURE MADNESS, and Joe Biden is a piece of sh*t; the next U.S. election will revolve around picking your poison.

Interesting times ahead!