From Volter Media.
Trump didn’t just break that truce; he shattered it with a sledgehammer. Listen to his words again: "I think he’s terrible… he’s an average, mentally person… low… low IQ for what he does." This isn’t policy critique; this is a public shaming. This is a monarch demanding a courtier bend the knee, not a president engaging with an independent economic steward.
Why? Why this vicious, personal assault on a man Trump himself appointed? The answer is the key to understanding the entire chaotic puzzle of Trump’s economic policy. Trump wants one thing above all else: a booming, roaring economy that he can point to as his personal achievement. The simplest way to get a short-term sugar high for the economy is to cut interest rates, making it cheaper for everyone to borrow money. It’s like flooring the gas pedal of a car.
But here’s the catch, and it’s a big one: What if the car is already skidding on a patch of oil that the driver himself poured on the road?