Via Economic Policy Journal

Larry Kudlow

How safe is Federal Reserve Board Chairman Jay Powell’s position as chairman of the Fed?

“I will say that unequivocally, at the present time, yes he is safe,” President Trump’s National Economic Council director Larry Kudlow said at CNBC’s Capital Exchange event.

“At present”? Not exactly powerful support.

Kudlow went on to bash the Fed’s last rate increase in December as “unnecessary.”  A position also held by his boss, comb-over man.

I give Powell no longer than the end of the year as head of the Fed.

Trump wants serious money printers in charge of the Fed.

Hug your gold coins tonight.

RW


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