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September 13, 2016 4:52 am

Trump Says Federal Reserve Manipulating Economy

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Republican presidential candidate Donald Trump. Photo: Wikimedia Commons.

Republican presidential candidate Donald Trump. Photo: Wikimedia Commons.

Politico – Donald Trump is trying to convince Americans that much of what they hear about the state of the economy — from the unemployment rate to the soaring stock market — is a politically manipulated lie.

The GOP nominee’s latest attempt came Monday morning as he suggested on CNBC that Federal Reserve Chair Janet Yellen was holding interest rates artificially low to aid Democrats. “She’s keeping them artificially low to get Obama retired,” Trump said. “It is a very serious problem and I think it is very political. I think she is very political and to a certain extent, I think she should be ashamed of herself.”

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  • Yaakov

    He’s absolutely right. The regime has kept interest rates artificially low to prop up the stock and real estate markets and thereby keep itself propped up. The unscrupulous investors who precipitated the last recession have been rewarded at the expense of everyone else.

    The Federal Reserve is unquestionably political. What immediately comes to mind is the former chairman who claimed at the time there was no real estate bubble but later admitted he had said so for political reasons. What is especially troubling is that politicians seem have a distorted perception of people of Jewish ancestry, regarding them as people who are “good with money” and who are best suited to do their dirty work for them.

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