Epoch Times - We Need a Stable Federal Reserve Policy Driven by Deregulation and Tax Cuts: Mark Skousen
Aired: 2025-08-13
Duration: 01:05


=== Trump's Easy Money Wish (01:05) ===

[00:00:00]  The interest rate strategy, that's what the Fed focuses on rather than the money supply, which I think is a mistake.
[00:00:07]  But in terms of interest rates, why not let the bond market tell us what to do?
[00:00:13]  And actually, yields have been coming down slightly, and mortgage rates have been coming down slightly.
[00:00:21]  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.
[00:00:37]  And we've gone through a period of easy money after with the Biden administration.
[00:00:43]  Interest rates were declining and so forth.
[00:00:46]  And then afterwards, in 23, 24, you saw interest rates move back up, inflation taking off and so forth.
[00:00:55]  You want a stable Fed policy.
[00:00:58]  That's really the key.
[00:00:59]  And it sounds like President Trump wants an easy money policy, which always leads to a boom-bust cycle.