Donald Trump made this prediction about 2024 that will have his supporters a nervous wreck
Donald Trump looks like he’s on track to secure the GOP nomination for President and potentially a second term in the White House.
But there are still choppy waters ahead.
And Donald Trump made this prediction about 2024 that will have his supporters a nervous wreck. Joe Biden committed one of the biggest political blunders in recent American history when he wrapped his arms around the term “Bidenomics.”
Trump explained why that was such a huge mistake in an interview with Breitbart.
“The fake news media came out with it, and it wasn’t supposed to be particularly good; but he liked the term and he’s used it,” Trump stated. “But it seems to be bad for him because it really means inflation, it means bad economy, it means high taxes, and it means I think chaos and stupidity.”
But while the poor economy is dragging down Joe Biden’s poll numbers, Trump realizes all is not lost for the Democrats.
That’s because Trump believes Federal Reserve Chairman Jerome Powell is planning to cut interest rates next, to artificially spur economic growth in the hopes of bailing out Joe Biden’s Presidential campaign.
“Yeah, I think they will,” Trump said when Breitbart asked if he thought Powell would slash interest rates next year. “[Powell] will, in my opinion, do something that will lower the rates and maybe keep things going,” Trump added.
“I was never a big fan of this guy,” Trump added, saying his Treasury Secretary was to blame for Trump appointing Powell as Fed Chair to succeed Janet Yellen. “Steve Mnuchin recommended him, but I was never a big fan.”
This also touched one of the big criticisms of Trump’s first term, in that Trump relied on his advisors for who to hire and Trump ended up surrounded by too many swamp creatures.
Groups associated with Trump like the America First Policy Institute are creating databases of vetted conservatives loyal to Trump’s America First agenda to avoid those pitfalls in a second Trump administration.
The Federal Reserve operates in secret with zero accountability.
Powell is free to raise and lower interest rates as he sees fit creating a boom-and-bust cycle that punishes the average American.
When the Fed engineered the Wall Street collapse in 2008 through low interest rates to feed the housing boom, a little-known piece of legislation proposed by Texas Congressman Ron Paul to audit the Federal Reserve suddenly gained steam.
Auditing the Fed would expose the trillions of new money the Fed pumped into the system – which devalued the dollar and drove inflation – and open the books on how the Fed rigged the economy for the benefit of financial and government elites.
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