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at140

(6,106 posts)
Sat Apr 6, 2019, 05:13 PM Apr 2019

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.

https://www.realclearmarkets.com/articles/2019/04/02/stephen_moore_at_the_fed_is_a_scary_thought_103679.html?utm_medium=referral&utm_source=mixi&utm_campaign=realclearmarkets

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leftieNanner

(14,955 posts)
1. Every time I think Trumpy can't find anyone MORE unqualified
Sat Apr 6, 2019, 05:15 PM
Apr 2019

He surprises me and does. Moore and Cain at the Fed? GAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHH

at140

(6,106 posts)
2. If Moore becomes FED chair, look for
Sat Apr 6, 2019, 05:19 PM
Apr 2019

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.

at140

(6,106 posts)
6. Great question, and it may not!!??!!
Sat Apr 6, 2019, 05:32 PM
Apr 2019

Drumpf wants interest rates back to ZERO to reduce interest payments on his very large debt.

leftieNanner

(14,955 posts)
8. Google is sometimes our friend
Sat Apr 6, 2019, 05:59 PM
Apr 2019

Both Moore and Cain's nominations require the Senate nod. In other words, CALL YOUR SENATOR!!!

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