Donald Trump likes low interest rates — and high interest rates
REUTERS/Jim Young
If Donald Trump were to become president, one of his many important responsibilities would be appointing the governors of the Federal Reserve, who set monetary policy and drive interest rates in the US.
This week, Trump gave an interview to Fortune magazine in which he discussed how he might approach this task. The interview is about as enlightening as you would expect.
First, Trump made a strong argument that low interest rates are good:
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