President Donald Trump wants the Federal Reserve to keep the economy bloated with weakened post-2008 dollars. He thinks that will boost exports. And he wants to keep U.S. stocks floating on the freakish levels of monetary liquidity created by the Fed when Ben Bernanke was chair. Trump said so himself at CPAC Saturday, intoning that a strong dollar hurts American businesses. He also criticized the Federal Reserve for raising interest rates: “America is now booming like never before. Other countries are doing very poorly. That makes it even harder for us to be successful. Plus, we have a gentleman that
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