Its startling to me that almost everyone perceives a cause/effect - TopicsExpress

Its startling to me that almost everyone perceives a cause/effect relationship between the occupant of the White House and the economy.There largely isnt one. When the Federal Reserve prints money (buys Treasuries), the economy expands, albeit in an unhealthy way. When the Fed raises interest rates (sells Treasuries), there is a bust and/or recession. Nothing will change until the Federal Reserve and fractional reserve banking are abolished.

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