Source: Financial Digest (financialdigest.net)
About time we have a business man in charge. He is for real - not just theory!
Wasn't it the Federal Reserve that caused the Great Recession bcuz they didn't know how banks were gambling selling crap securities packages?
Ya think?
Why anyone voted for trump !?!?!?
Good to know, but Powell did back track.... guess POTUS knows more than NBC
Trump doesn’t know how ANYTHING works. 🙄
It’s because he’s to dam stupid
morgfair Well, he DOES seem to think the stock market is 'the economy'...
penndragonArt What else is new? The Donald doesn’t understand much!
Is anyone suprised? No.
As with most topics the economy is one dems over play their hand, & expose they don’t even know their own past or base. Before Trump become president, for 30 yrs actual, the left would run to DJT to settle their arguments with the Rs. Going back to Tim Russert from Meet the Press
Look at that smug face
Nope, just say tDump is a stupid, weak, low IQ, fraud who doesn't care about his presidential duties.
.realDonaldTrump is not a smart person. Even his former teacher at Wharton agrees ...
Flawed as in the Fed only raised rates on Obama twice in 8yrs and raised it 6-7 times in 2yrs on Trump? Pretty sure a billionaire understands money JS
Duh.
Part of the system trumpy can not beat or understand
No, he knows exactly how they fleece the American people—most who don’t even know it’s not a US government entity, but a private corporation set up by robber barrons in the 1930s.
Yes Trump doesn't understand the way the economy works, but are you really suggesting with a straight face that the Fed does?
Oh I don’t need experts to tell me that !
Debi129 Trump doesn't understand anything, are you surprised 🤷♂️
•experts•
Trump has no understanding of how anything works in government. I still can't wrap my mind around someone so arrogantly ignorant as president of the US.
duh, a man whose business plan hinges on bankruptcy code to avoid paying expenses.
File this under “no shit...”
The Federal Reserve is the biggest scam ever to enslave humans. It needs to be ABOLISHED.
The TrumpGut doesn't need to understand no economics.
Let me explain... we pay interest for a private banking co, set up in secret, to print our fiat currency & then charge massive interest, even though our constitution says we can coin our own money from silver and gold. And we're never allowed to audit it or know the real powers.
aimhighflygirl I does not require experts of any sort to conclude beyond any doubt that Trump has no idea how ANYTHING works, including the economy.
The only two things he has done towards economy is tariffs that have bankrupted businesses and cost the consumer more and tax cuts that ballooned the deficit so I think the word misunderstanding is mild!
Isn't everything but Trump's ability to lie, flawed?
It might be easier to summarize Trump's flawed understanding on everything?
It doesn’t matter how tall they are?
'Flawed'? How about NO UNDERSTANDING.
Water is wet.
enemyofthepeople
No its that Trump only cares about his own greed
The president and most of the people who voted for him
He seems to have a flawed knowledge of anything that makes sense.
Trump has not figured out how vending machines work and you think he can ubderstand tje world economy? Get a grip.
Yellen said she would be raising rates even high. Trump should count himself lucky that Powell is dovish
That the fed is owned by people who do not really have the best interest of the American people? I think most people understand this.
He loves himself
Flawed implies that he has a remote clue.... Which does not. The man has NO concept how complex systems work...
always good to have a president who doesn't understand things, doesn't want to learn, and doesn't put qualified people in charge of key positios that can handle things for him. When he has qualified people- he doesn't listen.
Who cares how the fed works? Trump is taking on China while our own Fed undermines his efforts. It looks like Powell realized this and finally adjusted his idiotic approach to things.
What a big freakin' surprise! I'm sure his gut doesn't speak economics...
noshitsherlock
Numerous bankruptcies should have been a big indicator.
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Trump reportedly thought Janet Yellen was not tall enough to lead the Federal ReservePresident Donald Trump reportedly believed former Federal Reserve chairwoman Janet Yellen was too short to be reappointed to lead the Fed. Trump reportedly asked aides whether they thought Yellen was tall enough, at 5-foot-3 inches, to be reappointed. Based on other reports, Trump has commented on SHE'S NOT,FAKE NEWS!
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