Is President Trump an Idiot? Or does he think we are?

Trump now admonishing FED chairman Powell to lower interest rates, and wants him fired.


It is now plain to see that Trump is a complete idiot. Thankfully he does not have executive branch
power to fire him. Originally Posted by VitaMan

The Wall Street Journal is reporting today that Trump actually has spoken with advisors about firing Powell. Bessent and Hassett, the adults in the room, are advising against it.

Powell's stuck between a rock and a hard place. Trump's the one who came up with the tariffs. Now Powell has to be forthcoming, honest and transparent about how the Fed will manage short term rates to try to comply with its dual mandates, to deal with the mess Trump's unleashed. Otherwise markets may become skittish, with negative effects on the dollar, demand for U.S. debt, and longer term interest rates. I wonder what would happen if Powell et al dropped the Fed Funds rate to 2.25%, as Trump appears to want them to do based on what he said today.

Does Trump wants to take us down the same road as Recep Erdogan? The Turkish president had the cornball idea that lower interest rates would lead to lower inflation. And so he installed his guys at the central bank, who let Erdogan call the shots. The result was not kind to the Turkish people. Unfortunately, Trump is narcissistic enough to believe that he's better than the Fed at managing monetary policy. He believes that in spades.

Horse manure, Salty.

Please indulge us with a credible source to support your claim of actual progress

Trump isn't winning. He done bent everybody over just for the fun of it. In fact, every time Trump farts in public, you claim WINNING!

Please let the class know why you think that. Originally Posted by Yssup Rider

... Crikey! ... Primary school in session.
The joeys in the tacker surely need to pay attention.

Credible source? ... I'll give ya TWO.

... President Trump believes they are making progress,
and so does Italy's PM Giorgia Meloni.
They both have mentioned that. ... A love of Fair Trade.

.... WINNING! ... ...

Trump's tariff program is NOT for idiots.

#### Salty

... Crikey! ... Primary school in session.
The joeys in the tacker surely need to pay attention.

Credible source? ... I'll give ya TWO.

... President Trump believes they are making progress,
and so does Italy's PM Giorgia Meloni.
They both have mentioned that. ... A love of Fair Trade.

.... WINNING! ... ...

Trump's tariff program is NOT for idiots.

#### Salty Originally Posted by Salty Again

" president trumpf believes"
Highest mark 4 snick!
Trumpf believes many things most don't

That's why he's an idiot!

... Crikey! ... Primary school in session.
The joeys in the tacker surely need to pay attention.

Credible source? ... I'll give ya TWO.

... President Trump believes they are making progress,
and so does Italy's PM Giorgia Meloni.
They both have mentioned that. ... A love of Fair Trade.

.... WINNING! ... ...

Trump's tariff program is NOT for idiots.

#### Salty Originally Posted by Salty Again

Salty, I really wished I lived in your Trump fantasy land where Trump is a genius and a great businessman. And we should just sit back and relax while people have already lost over 10% of their savings since he has been in office but hey, trust him; he knows what he is doing although he is fucking clueless about what he is doing.

The idiot is talking about firing the fed chair and he is not even authorized to do so. That's how clueless that dipshit is. How can Trump expect the fed to lower the interest rates when he is purposefully increasing inflation with his unplanned and poorly executed tariff bully plan?

In Salty reality that may be called WINNING. In my reality when folks are losing 10% of their life savings in less than 3 months, I call that LOSING. Please riddle me that shit so I can understand what "idiot" means in Trumpland.

... Crikey! ... Primary school in session.
The joeys in the tacker surely need to pay attention.

Credible source? ... I'll give ya TWO.

... President Trump believes they are making progress,
and so does Italy's PM Giorgia Meloni.
They both have mentioned that. ... A love of Fair Trade.

.... WINNING! ... ...

Trump's tariff program is NOT for idiots.

#### Salty Originally Posted by Salty Again

Great job, as always.

Gotta love the pretty-birds. And review them too!

The Wall Street Journal is reporting today that Trump actually has spoken with advisors about firing Powell. Bessent and Hassett, the adults in the room, are advising against it.

Powell's stuck between a rock and a hard place. Trump's the one who came up with the tariffs. Now Powell has to be forthcoming, honest and transparent about how the Fed will manage short term rates to try to comply with its dual mandates, to deal with the mess Trump's unleashed. Otherwise markets may become skittish, with negative effects on the dollar, demand for U.S. debt, and longer term interest rates. I wonder what would happen if Powell et al dropped the Fed Funds rate to 2.25%, as Trump appears to want them to do based on what he said today.

Does Trump wants to take us down the same road as Recep Erdogan? The Turkish president had the cornball idea that lower interest rates would lead to lower inflation. And so he installed his guys at the central bank, who let Erdogan call the shots. The result was not kind to the Turkish people. Unfortunately, Trump is narcissistic enough to believe that he's better than the Fed at managing monetary policy. He believes that in spades. Originally Posted by Tiny

Congress has given the president sweeping powers over the use of tariffs. Essentially a tax mechanism. Does anybody think it’s a good idea to give Trump control over the interest rate and the ability to print money as well?

I’m not saying that the fed board always gets it right but at least they are educated reasoned individuals who must work as a group before agreeing to monetary policy.

We definitely don’t want a repeat of the Erdogan fiasco here in America.

Congress has given the president sweeping powers over the use of tariffs. Essentially a tax mechanism. Does anybody think it’s a good idea to give Trump control over the interest rate and the ability to print money as well?

I’m not saying that the fed board always gets it right but at least they are educated reasoned individuals who must work as a group before agreeing to monetary policy.

We definitely don’t want a repeat of the Erdogan fiasco here in America. Originally Posted by txdot-guy

Well said Txdot