this post was submitted on 15 Apr 2026
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Why in Gods Green Earth is Trump getting rid of Powell and putting Warsh in place? (lemmy.world)
submitted 4 days ago by Patnou@lemmy.world to c/outoftheloop@lemmy.world
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[–] CannedYeet@lemmy.world 5 points 4 days ago* (last edited 2 days ago)

Trump wants lower interest rates. Lower interest rates boost the economy in the short term while increasing the risk of a crash. But the crash is the next guy's problem. And it just makes Trump look better in comparison. The average American just looks at their economic situation in the here and now and attributes it to the current president.