Thank you for being a valued part of the CNET community. As of December 1, 2020, the forums are in read-only format. In early 2021, CNET Forums will no longer be available. We are grateful for the participation and advice you have provided to one another over the years.

Thanks,

CNET Support

General discussion

Another capo not doing what

Aug 24, 2018 10:29AM PDT

Discussion is locked

- Collapse -
Which article are you referring to?
Aug 24, 2018 12:53PM PDT

As for siccing the DOJ on him, that's pretty laughable since Trump hasn't gone after ANYONE via the DOJ; whereas the previous admin went after EVERYONE they saw as a threat and continued to do so even after that POS was gone.

- Collapse -
Now, that is interesting.
Aug 24, 2018 8:42PM PDT

The textbook reason for a nominal rate hike is to prevent a growing economy from overheating. Benefits everyone.
The economy is, as Trump says, growing apace.
Rate hike is now "fake economics" or something.
Nice system you have there

- Collapse -
If Powell
Aug 24, 2018 10:07PM PDT

Succeeds in getting control of the growth rate in an orderly fashion then the child will lose one of his talking points.....me/me/me.....I/I/I.

The child is just miffed that one of his capo's is not doing what he wants.

The system seems to work as long as the pols keep their nose out of the fed.

- Collapse -
And, from a Bloomberg report on the Hamptons
Aug 24, 2018 8:52PM PDT

meeting,
"The president’s accusation, presented without explanation or substantiation in the Reuters report, conflicts with the findings of his own administration. The Treasury Department in April stopped short of naming China, the EU or any other country as a currency manipulator in a semi-annual report on foreign-exchange policy. The U.S. hasn’t officially accused another country of currency manipulation since 1994." (!)
Serious manipulation _might_ justify certain actions by the Fed, but they would be serious as well, so they would need hard evidence.