Art Laffer says the Federal Reserve should be controlled by the president and Congress

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Art Laffer said the Federal Reserve should be controlled by the president and Congress last week.

"I don't understand why the Fed is independent, to be honest," said Laffer, a former economic advisor to Presidentand former President Ronald Reagan. "Fiscal policy is not independent. Military policy is not independent. Social policy is not.

"As well as we are doing from the day after the great election, when the market shot right up, it could have been even better - massive additional wealth would have been created, & used very well," Trump tweeted. "Our most difficult problem is not our competitors, it is the Federal Reserve!" "You get this back and forth all the time" because of the difference, said Laffer, co-author of "Trumponomics: Inside the America First Plan to Revive Our Economy."

 

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No way he said that, only a twit would say that. Perhaps our leadership should do there duty with fiscal policy before attempting to do something beyond their scope.

Could there be a more insane idea than this? Imagine a Marxist president with this power. Come on Art, you can do better.

No

His last name is very fitting for his comments. This guy needs to read the federal reserve act. whodis ?

Politicizing monetary policy to meet the re-election desires of those in power are you Fking crazy⁉️ The most moronic idea ever‼️

😡

Modern technology AND fearlessness is making it MUCH HARDER for EVERY human who believes AND acts on ANY or ALL of their evil(evil is EVERYTHING that is not good )thoughts to remain invisible. Let OUR God's will be known. Never too late to change.

Mentally deranged person like Trump should run the fed? That is reckless as are you Mr. Laffer. Your insane ideas could collapse financial markets worldwide. Trump went bankrupt 6 times. What would be your thought process?

yes, let's go full banana republic mode

🤮

Sound like he is long equities

And the MAGA 🤡 show continues

Nursing home, and adjust meds, please!

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