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Jay M
CNBC Television
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Comments by "Jay M" (@jaym9846) on "President Donald Trump on China, Mexico, tariffs and the Fed (Full Interview - 6/10/19)" video.
https://www.bloomberg.com/news/articles/2019-06-12/u-s-budget-gap-hits-739-billion-with-four-months-left-in-year https://www.wsj.com/articles/u-s-budget-deficit-grew-39-in-first-eight-months-of-fiscal-year-11560362539
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Why does government outsource the printing of money to Fed? Why not let the people print?
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10:33 "[Fed] raised interest rate too fast" but in fact Fed raised at the slowest rate in 5 decades. https://fred.stlouisfed.org/series/INTDSRUSM193N
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When Fed prints, wealth is transferred from the shrinking middle class to the rich. http://fortune.com/longform/shrinking-middle-class/
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