Warsh is an established figure in Republican economic circles whose selection to head the world’s most important central bank is likely to be well-received by GOP policymakers.

    • panda_abyss@lemmy.ca
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      2 days ago

      What inflation? Trump got rid of that, it’s just made up!

      Meanwhile stocks are way up, prices are up, American workers took home the lowest pay in 100 years last year, and foreign currencies and gold are all up relative the dollar.

      But no inflation. Nope. Definitely not, don’t even ask.

      • Insekticus@aussie.zone
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        2 days ago

        American workers took home the lowest pay in 100 years last year

        It’s 2026. 100 years ago was 1926. The great depression occurred between 1929 and 1939.

        Either your statement may be false, or Americans are now in a worse position than during the Great Depression…

        New guilded age, here we come!

  • SinningStromgald@lemmy.world
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    2 days ago

    So this reminds me again of all the debt Trump had leading up to the last election. Any chance he still owes mountains of money and needs to rollover the debts hence why he wants low interest rates?

    I know he has made quite a bit of money in the last year scamming people but he hates paying so I am just wondering.

    Or is this so the wealthy can keep borrowing money to avoid taxes with really low rates?