Mnuchin bailed their asses out by increasing TGA by $600B last 30 days... they're lucky...
Americans' confidence in the leadership of the Federal Reserve has reached a 15-year high https://t.co/oPZLAW2iKh
— Bloomberg Economics (@economics) April 23, 2020
4 comments:
Americans having confidence in a government institution is a dangerous trend.
Well still only 58%
This is mostly due to Trumpers who spent 2008 -20016 being part of the End the Fed movement now supporting the Fed since Trump is basically the acting Fed chair. He bullies the Fed to do whatever he wants and his minions are eating it up
Confidence upwards in crisis is human behavior. It happens in many countries right now where their governments appear to take some action.
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