EP 859 The Federal Reserve and Its Impact on Today’s American Economy

 Uncertainty is the watchword when it comes to the American economy as the Trump Administration looks to shake up the political economy around the globe with allies and competitors alike.  He’s also been weighing in on the actions of the Federal Reserve, who’s chair, Jerome Powell is asserting his independence in terms of determining the monetary policy of the nation.  Have they made mistakes in the past?  For sure.  But is this the right time to lower interest rates and get back to the easy money policies which has gotten us into trouble in previous crises?  That’s how our conversation begins with Todd Sheets, the author of the newsletter ‘On Wealth and Progress’ which is currently available free of charge on Substack and the author of the book, “2008: What Really Happened.”  Then we begin to discuss a slowing GDP, the tariff fixation of the current Administration and where our economy needs to go from here to address our large debt and deficits and maintain our dynamic economy going forward.

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