Aug. 13, 2025 - Epoch Times
01:05
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| Time | Text |
|---|---|
| The interest rate strategy, that's what the Fed focuses on rather than the money supply, which I think is a mistake. | |
| But in terms of interest rates, why not let the bond market tell us what to do? | |
| And actually, yields have been coming down slightly, and mortgage rates have been coming down slightly. | |
| So that suggests that maybe you could cut interest rates, but I wouldn't go overboard because the biggest problem with the Federal Reserve over the years is that we've created a boom-bust cycle through easy money-type money, easy money-type money. | |
| And we've gone through a period of easy money after with the Biden administration. | |
| Interest rates were declining and so forth. | |
| And then afterwards, in 23, 24, you saw interest rates move back up, inflation taking off and so forth. | |
| You want a stable Fed policy. | |
| That's really the key. | |
| And it sounds like President Trump wants an easy money policy, which always leads to a boom-bust cycle. |
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