We are going to need a bigger bubble

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We are going to need a bigger bubble

 

Interesting prediction from Gregory Mannarino (commentary by Gazza)
A show for the public is being set up… A fake “battle” between the Federal Reserve and Trump.
Trump is an outspoken advocate for low, and even negative rates. We know this first from his last Presidency when he called the Fed. “Boneheads” for not lowering rates to zero and even negative. More recently, during the campaign, he promised that if he was “elected” he would lower rates. (No president can lower rates. Presidents do not possess a printing press for dollars/central bank issued notes, nor can a President buy debt). With that, a President can work with a central bank to lower rates. Here is the set up. The economic news will continue to be bad, and Trump is going to call on the Fed. To lower rates, (a campaign promise). The Fed. Will pretend to push-back saying, “we will lower rates as appropriate.” Of course the Fed. wants to lower rates! As every central bank does, as doing so allows them to inflate, which is the single goal of every central bank.

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