Bad Economic Policy Trumps Monetary Policy

Norbert Michel

The Trump administration isn’t exactly known for doing things by the book, but insulting the person they hope saves them from their own policies seems especially strange. Then again, after asking “Who is the U.S.’s bigger enemy: Federal Reserve Chair Jay Powell or Chinese leader Xi Jinping?,” calling Powell “Mr. Too Late, a major loser,” isn’t the strangest thing the president has done in the past few months.

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As many people have pointed out...