POTUS’ Morning Economic Briefing
After Trump’s comments on the Fed this morning. calling for more quantitative easing this clip from Being There, one of the greatest movies ever is now more real than fiction. The real Chauncey may soon have some solid intellectual back-up if POTUS can get his two new nominations to the Federal Reserve through the Senate.
The scene is profound as Chauncey’s millionaire friend interprets the conversation with the president as an exposition of the idiot’s economic genius. Kind of like how Mr. Market takes the administration’s economic proclamations as solid. God help us.
Chauncey relates to the world in every conversation with the only two things he has ever known, resorting to gardening and television buzzwords. Similar to, you know, free markets and capitalism.
Watch the full movie here.
Source: https://global-macro-monitor.com/2019/04/05/potus-morning-economic-briefing/
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