Stephen Moore At the Fed Is a Scary Thought
The real reason that Stephen Moore does not belong on the Federal Reserve Board is not that he is unqualified for the job, though he is. Nor is it that he has been a highly partisan and divisive figure for many years, though he has been. The real reason is that, if confirmed by the Senate, Moore could become the Fed chairman and that is a scary possibility. It could spawn a global financial calamity.
He surprises me and does. Moore and Cain at the Fed? GAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHH
negative interest rates, which will screw the middle class savers and retirees,
and inflate stock prices in parabolic mode, which means the rich get much richer.
Drumpf wants interest rates back to ZERO to reduce interest payments on his very large debt.
Both Moore and Cain's nominations require the Senate nod. In other words, CALL YOUR SENATOR!!!