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Ex-Federal Reserve Official Bill Dudley Calls on Fed to Manipulate Economy to Stymie Trump’s Reele
GATEWAY PUNDIT ^ | 8/27/2019 | Kristinn Taylor

Posted on 08/27/2019 10:58:57 PM PDT by bitt

Former New York Fed President Bill Dudley on Tuesday called on the Federal Reserve to manipulate the economy to stymie President Trump’s reelection. Dudley made the plea in an op-ed published by Bloomberg News. Dudley argued that Trump’s effort to reset trade with China is hurting the economy and that the Fed should enact policies that hinder Trump and hurt his reelection chances.

President Trump has been fighting the Fed over rising interest rates and a too rapid pullback on quantitative easing that stifled the nascent economic boom stemming from Trump’s economic policies and tax cuts. The Fed has since cut interest rates but not enough for Trump who is calling for another one percent reduction and to consider some quantitative easing.

Excerpt from Dudley’s op-ed:

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Crime/Corruption; Culture/Society; Extended News; Government
KEYWORDS: billdudley; crash; economy; federalreserve; maga; market
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Ex-Federal Reserve Official Bill Dudley Calls on Fed to Manipulate Economy to Stymie Trump’s Reelection
1 posted on 08/27/2019 10:58:58 PM PDT by bitt
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; azishot; ...

p


2 posted on 08/27/2019 10:59:28 PM PDT by bitt (The hardest thing to explain is the glaringly evident which everybody had decided not to see.- Ayn)
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To: bitt

Incredible

We are definitely in uncharted nanner Republic waters....


3 posted on 08/27/2019 11:02:31 PM PDT by wardaddy (I applaud Jim Robinson for his comments on the Southern Monuments decision ...thank you)
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To: bitt

Mmost important story of today.

Thre bald power, and intent, of the Fed exposed.


4 posted on 08/27/2019 11:09:44 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: bitt

Sounds illegal to me. Glad he’s an “ex-FED, Fed”.


5 posted on 08/27/2019 11:13:49 PM PDT by MadMax, the Grinning Reaper
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To: bitt

Sedition.


6 posted on 08/27/2019 11:14:25 PM PDT by rfp1234 (Obscured by Clods)
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To: rfp1234

Not too strong a word.


7 posted on 08/27/2019 11:20:38 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: MadMax, the Grinning Reaper

I suspect Dudley represents current Fed thinking, but only he can say it.

In his second term, Andrew Jackson abolished the central bank of the United States.


8 posted on 08/28/2019 12:08:09 AM PDT by Reverend Wright (TAX the WOKE !)
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To: mrsmith

“The Creature from Jekyll Island”


9 posted on 08/28/2019 1:35:12 AM PDT by Captain7seas
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To: bitt

But they called him crazy for saying Yellen made a fed policy to support Obama...


10 posted on 08/28/2019 2:03:41 AM PDT by JudgemAll (Democrats Fed. job-security in hatse:hypocrites must be gay like us or be tested/crucified)
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To: bitt

The Fed is confined to a handful of buildings scattered around the country. Sure would be too bad if they were to burn.


11 posted on 08/28/2019 2:14:53 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: wardaddy

We done pass over them waters in April of 1865.

I would say secession again but sadly the entire South has been completely deballed I would then say too hell with it and move Texas but the Republic of Texas, is no more too all we can do is just back let her burn.


12 posted on 08/28/2019 2:20:13 AM PDT by StoneWall Brigade (Live Free or Die)
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To: Reverend Wright

Andrew Jackson was a complete POS.
The Romanticizion of that loser far outweighs the real realities of him.

The real South Carolinaian was and is the great John C. Calhoun


13 posted on 08/28/2019 2:25:18 AM PDT by StoneWall Brigade (Live Free or Die)
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To: mrsmith

Yep - like computers, the Fed doesn’t make mistakes - what they do, they do on purpose....
They caused every recession since they’ve been in effect and decided they like the power to play games with the economy and use it for political purposes.


14 posted on 08/28/2019 4:16:36 AM PDT by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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To: bitt

Disgusting. The wealthy in government ship their millions offshore and to safe investments, while destroying the middle and lower classes to gain political advantage.

The wealthy leftist elite can ride this out better than a lonely retiree can. Why isn’t there more outrage at this cry for manipulation? They pounded Reagan for “trickledown”. This is trickledown mass destruction.


15 posted on 08/28/2019 4:38:52 AM PDT by Magnatron
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To: bitt

If the FED can manipulate the economy to fail or succeed (as evidenced by this ex-FED official’s statement) for totally political reasons, this is even more reason to get rid of the FED along with the FBI, CIA, Dept. of Education, EPA, et. al!!!


16 posted on 08/28/2019 6:14:51 AM PDT by RobertoinAL
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To: bitt

Aside from this being an absolute disgrace, I wonder if this signals a move by POTUS to eliminate the Federal Reserve Note.


17 posted on 08/28/2019 7:00:15 AM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: bitt

This is the perfect excuse to get rid of the fed. End the fed and clawback funds from the feds owners. They owe the american govt over twenty trillion dollars. The entire balance accrued over their stewardship of our currency. Aggressively seize everything from the feds private owners and use it to establish a new sovereign currency backed by gold.


18 posted on 08/28/2019 7:37:29 AM PDT by cdpap
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To: wardaddy

Blatant.


19 posted on 08/28/2019 7:40:01 AM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: bitt

This from someone who has wined and dined on our dime for far too long.


20 posted on 08/28/2019 9:35:03 AM PDT by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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