Trump on the Fed

“Right now, we have the low rates,” Trump said Tuesday in an TV interview on Bloomberg Politics. “In terms of real estate, if I want to develop … from that standpoint I like low interest rates. From the country’s standpoint, I’m just not sure it’s a very good thing, because I really do believe we’re creating a bubble.”

See the whole interesting article. He also likes Paul Volcker, the least-bad Fed chairman of our time, who, as Joe Salerno has pointed out, actually reduced the money supply.

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