Trump has a logical point here... maybe Monetarism works differently in the southern hemisphere?
Australia’s Central Bank cut interest rates and stated it will most likely further ease in order to make up for China’s Coronavirus situation and slowdown. They reduced to 0.5%, a record low. Other countries are doing the same thing, if not more so. Our Federal Reserve has us....
— Donald J. Trump (@realDonaldTrump) March 3, 2020