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Trump vs. Powell: Fixing Rates Is A Fool's Errand

Trump vs. Powell: Fixing Rates Is A Fool's Errand

The feud between President Trump and Fed Chair Po…

Ron Paul Liberty Report

April 25, 202527m 43s

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Show Notes

The feud between President Trump and Fed Chair Powell is really a fool's errand. Neither can possibly know what interest rates should be, simply because interest rates are derived in the marketplace. Price fixing, by either the Fed or the President, always ends us creating economic malaise. The Fed should not exist because there's no way to properly fix prices, and counterfeiting is unconstitutional and immoral. The current posturing between fails to get us closer to ending this anti-American institution.