President Trump visited the Fed yesterday, seemingly to shakedown Jerome Powell for lower interest rates. Is this how interest rates should be derived in a so-called “capitalist” society? Two men, disagreeing over price fixing? That’s the Soviet way of doing things. Also, is President Trump, who continues to run-up government spending and debt, really in the position to accuse the Fed of “cost overruns”? Once again, both are guilty. End the price-fixing. End the government spending us into bankruptcy. End The Fed.

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