Ges-

I heard that tonight while cooking dinner. Kai Ryssdal made a great case for keeping the fed independent and out of the hands of politicians.

It made me wonder why so many libertarians of ten years ago now support Trump.

My son in law is libertarian, though not a Trumper by any stretch. For him, the fed is the root of all evil (his words) and should be abolished- not put under the direction of a president who would raise or lower interest rates, depending on which way the political wind was blowing, as Trump has indicated he wants to do on several occasions.

At least with an independent fed, the fed governors do a credible, though imperfect job of managing interest rates based on economic data rather that political polling data.

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