Post #29231 by ges on the US Policy board

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Come on all you Trumpers. Tell us how wonderful Dementia Don is going to be for the US economy and the world's.

Tom Nichols, staff writer at The Atlantic, professor emeritus at the Naval War College:

“I think the American people don’t understand the incredible danger of an American president saying, ‘Well, I should just be able to set interest rates.’ That’s Soviet levels of government intervention,” Nichols said. “That’s incredibly dangerous because then the rest of the world says, ‘Well, I guess the United States isn’t really a functioning economy. It’s just an autocracy where the value of goods and the value of the dollar are basically set by this ignorant authoritarian who wakes up and says, my poll numbers are down, let’s lower interest rates for a while.'”

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