Kevin's Bacon on Nostr: Grade A manipulation going on here. Reducing interest rates would reduce the supply ...

Grade A manipulation going on here. Reducing interest rates would reduce the supply of real loanable funds (outside of the Fed itself's supply). By leveraging Trump's populist status and the normie intuition that low interest rates simply means less they have to pay for loans, the current administration is continuing the subtle push toward dismantling the banking cartel's power. Who stands to benefit and what they will use their increase in power for, I'm not sure of the full scope. I just know it's a big power move disguised as a genuine concern about interest rates.

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nevent1q…2379

JUST IN: 🇺🇸 President Trump says the Federal Reserve "is a disaster" and calls for a 100 basis point interest rate cut.