by declining to renominate her for another term, choosing Jerome Powell instead. Yellen’s tenure as the first woman to chair the Fed, which sets interest rates, began in 2014 and ended in 2018.
He has since attacked Powell’s steering of the Fed, which has tightened monetary policy as the economy grows strongly, accusing it of it of failing to support his combative trade policy and claiming that policymakers “don’t have a feel for the market.” When asked directly if she thought the president had a grasp of macroeconomics, Yellen replied: “No, I do not.”
“He's made comments about the Fed having an exchange rate objective in order to support his trade plans, or possibly targeting the U.S. balance of trade.
Nobody understands how it works.
ISN'T IT ASHAMED THAT PEOPLE GET ELECTED OR PUT IN OFFICER BECAUSE THEY ARE DEMOCRATS . . . AND IT IS ONLY BECAUSE OF WHAT DEMOCRATS ONCE WERE NOT TODAYS DEMOCRAT
I wouldn't believe this if I didn't read 'Fear' ~BobWoodward
Other things he doesn’t understand: trade deals, memorandums of understanding, climate vs weather, trade deficits, telling the truth, human decency, reading, grammar and spelling just to name a few more
He doesn't understand how many things work!
“realDonaldTrump doesn’t understand how *insert any topic here* works.” Yup, sounds about right.
Khashoggi
Typical academic making simple more complicated than it is. Fed Chair from 1950-60s, “ Fed’s job is to take away the punch bowl just as the party is getting started.” The Fed’s job is extremely simple. Trump gets it. He said don’t take away the punch bowl. Nothing to understand.
Trump doesn't read
She doesn't understand the need to DraintheSwamp
Has she seen him try to close an umbrella?
Thats the place that makes the money
Whattttt, duh, the king of debt,a bankruptcy professional, tariffs r easy, tax evader nawl, could it b a grad of Wharton School of Finc.
After all, Trump sued his high school and university to keep his grades secret. And his Wharton professor called him “the dumbest goddamn student I ever had.” Are we supposed to be surprised?
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