Trump Has It Right Again: FED Chokes Growth

Michael Busler
3 min readAug 17, 2019

Last Wednesday, the Dow Jones Industrial average fell 800 points. That’s fourth largest one day point drop ever. The drop was fueled by the fear that a recession is coming. That perception is likely wrong.

Even if the economy is slowing, it’s the Federal Reserve’s Monetary Policy that is the primary cause. Fortunately the FED has changed direction.

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.