Rates are on the rise

The reporter is asking for coherence and economic sense. Bad luck to her. The right answer is that Yellen is a Democrat and is trying to undermine Donald Trump. So what if the economy is still stuck in the slow lane and jobs growth is only just starting to improve. So on she goes in the most dreary way with one series of empty phrases following another. But what does she care? The best part is that while her aim is to damage Trump and hasten a return to a Democrat as president, the consequence of higher rates will be a stronger economy. She doesn’t know that, but then she’s a Keynesian.

However, the real revolution may be here: On June 1st The Deep State Will Move To Overthrow Trump when the debt ceiling is reached. The American Government folds because it cannot pay its bills. Is the left this crazy? Probably along with the anti-Trump Republicans who hate him even more than the Dems.

[Both via Zero Hedge]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.