Post #59657 by Lapsody on the US Policy board

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The President does this openly. He acts as if he does not recognize a distinction between the public and his personal interest—which he does not.

What if Trump installed a lackey to control the Fed? We could expect that this nominal public servant would dictate interest rates according to Presidential whim.

We know where his whim leads—toward inflation. In all seasons, Trump demands low interest rates. These might favor his real estate assets but not the public interest in having a stable currency.

Hard to square the President operating in his own self interest with realism.

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