DAVOS WATCH
Forbes/Sergei Klebnikov/1-21-2020
“Trump took his biggest swipe yet at the Federal Reserve, saying that his economic achievements, which have helped the U.S. remain ‘by far the strongest economic power in the world,’ came despite the central bank’s policies holding back the U.S. economy.”
USAGOLD note: According to this article, some in the audience at Davos were stunned at the president’s comments which included an endorsement of negative interest rates. Some nations, he said, get paid to borrow money, “something I could get used to very quickly.”
