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Trump Second-Term Plan Includes Federal Reserve Coup

Posted on AllSides April 26th, 2024
From The Left
Samuel Corum/Bloomberg via Getty Images
OPINION

The most potent source of support for Donald Trump’s campaign, by far, is nostalgia for his first term. Trump may have relentlessly rattled the cage of democratic norms, but the restraints largely held. The economy coasted as the recovery from the Great Recession reached its apex of low unemployment and low inflation. The inflation surge of 2021–22 soured the voters on Joe Biden’s presidency, and — having decided Trump is not to blame for the chaos of 2020 — they want 2019 back.

The trouble with this hope is not only...

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https://nymag.com/intelligencer/article/trump-federal-reserve-jerome-powell-interest-rates-inflation.html

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