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Stefan Gleason: Trump's back-door power play to rein in the Fed

Section: Daily Dispatches

By Stefan Gleason
Money Metals News Service
Tuesday, September 18, 2018

"Just run the presses -- print money."

That's what President Donald Trump supposedly instructed his former chief economic adviser, Gary Cohn, to do in response to the budget deficit. The quote appears in Bob Woodward's controversial book "Fear: Trump in the White House."

Trump disputes many of the anecdotes Woodward assembled. But regardless of whether the president used those exact words, they do reflect an "easy money" philosophy that he has expressed many times before. ...

... For the remainder of the commentary:

https://www.moneymetals.com/news/2018/09/18/trumps-power-play-fed-001619



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