Latest / Systemic Error Podcast
Fox News veteran delivers harsh reality check to Trump
Brit Hume Fox News Screengrab
Trump Owns the Prices He Wants the Fed to Hide
The Buck Stops Everywhere Else
Donald Trump’s answer to rising prices is to blame the Federal Reserve and demand cheaper money. That maneuver obscures the basic allocation of power: Trump commands the executive branch, chose Federal Reserve chair Kevin Warsh, and launched the unilateral war with Iran that the source links to higher gasoline prices. The Fed did not make those decisions. Trump did.
Brit Hume’s criticism matters less because it came from Fox News than because it punctured the administration’s preferred…
The skinny
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