Discussion: Yellen: Trump's Attacks Against Powell 'Could Undermine Confidence In Fed'

Former Federal Reserve Chair Janet Yellen says she doubts that President Donald Trump has a good grasp of economic policy or even knows the Federal Reserveā€™s mandates.

Well, in fairness, everything Trump knows about the economy, he learned from Lou Dobbs on Fox. Weā€™re just lucky heā€™s not asking to return to the gold standard.

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Get ready for the ā€œfailed Federal Reserve Chair Jittery Janetā€ or something equally stupid and adolescent.

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I suspect heā€™s in his nightly grease-coma before the gold shills really take to the airwaves.

Fox is like the Peacock family. As shitty as it looks on the outside, thatā€™s actually their ā€œbest footā€ (so to speak). Theyā€™ve got something a lot less pleasant strapped to a dolly in the basement.

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Yetā€¦

Seriously, this guy knows less about how anything works than I do and thatā€™s startling.

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Basically, the POTUS knows nothing about everything.

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Wanna bet he tosses around Jewess Janet?

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Yellen: Trump could ā€œundermine confidence in the Fed and I think that would be a bad thing.ā€


Only if you have American interests at heart. Remember who weā€™re dealing with, Janet.

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Why do we hear from experts one after another confirming that Trump knows nothing about this section of government and then another. The truth is that he is totally ignorant about everything.

Yes his advisors coach him before his briefings and he remembers by rote and temporarily what they tell him. An example is the sing song repetition he gave explaining his grasp of his phoney government emergency.

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Wanna bet he tosses around Jewess Janet?

Iā€™d be surprised if heā€™s so bald faced about it. My moneyā€™s with, ā€˜George Soros good friend, Shyster Janetā€¦ā€™ or some comparable ad hominem BS that lards it on thick but leaves the smallest light for implausible deniability.

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Heā€™ll have a choice of slurs. Sheā€™s intelligent, knows the financial world, is a woman of a certain age and is Jewish.

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Moronā€™s expecting ā€œa tremendous summitā€ with Kim Jong-un. Who talks like this.

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Well - I am guessing that you are curious enough to look things up for more information, when it seems clear that you need to know it to do your job, and that if you had the benefit of briefings from some experts, you would take advantage of that opportunity - and listen and ask questions.

This Dude relishes his ignorance, and is steeped in arrogant superiority, as a f*cked up psychological response to maintain his ignorance/avoid mental work, or any kind of actual work.

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@sanni

Argle bargle on climate change

You look at our air and our water, and itā€™s right now at a record clean. One of the problems that a lot of people like myself ā€” we have very high levels of intelligence, but weā€™re not necessarily such believers. The air is incredibly dirty [in Russia]. And when youā€™re talking about an atmosphere, oceans are very small. And it blows over and it sails over. I mean, we take thousands of tons of garbage off our beaches all the time that comes over from Asia. It just flows right down the Pacific, it flows, and we say where does this come from. And it takes many people to start off with.

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Iā€™m trying to remember exactly when it was ā€“ just between some set of british financial crises in the 70s iirc ā€“ that an english acquaintance commented that he couldnā€™t understand how you could get anything done with a central bank that wasnā€™t under the control of the ruling party.

The fed has screwed up any number of times, but at least theyā€™re not under the day-to-day control of crazy evil people.

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If you have a trade, if you make widgets, you know more than moron by a factor of 10,000.

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Trumpā€™s tweet: ā€œWhatā€™s she Yellen about now?ā€

Trumpā€™s Attacks Against Powell ā€˜Could Undermine Confidence In Fedā€™

Seriously? Hell, the Narcissistic Jackass is doing everything in his power to start another Great Depression! Read up on wealth imbalance and tariffs during the Hoover administration. Then quake in fear, because not only was the quality of many lives ruined, but we only extricated ourselves from the Great Depression by excessive government spending during a World War. We didnā€™t start that spending from anything like the huge debt we have now.