“Jerome Too Late Powell, and his entire Board, should be ashamed of themselves for allowing this to happen to the United States. They have one of the easiest, yet most prestigious, jobs in America, and they have FAILED — And continue to do so. If they were doing their job properly, our Country would be saving Trillions of Dollars in Interest Cost. The Board just sits there and watches, so they are equally to blame. We should be paying 1% Interest, or better!” @realDonaldTrump
Fact-Check Summary The social media post criticizes Federal Reserve Chair Jerome Powell and the Fed Board, blaming them for high U.S. interest costs and asserting that interest rates should be 1% or lower. Fact-checking against current economic data shows that while U.S. interest costs are high, this is due to enormous national debt and the […]