Trump Has It Right Again: FED Chokes Growth
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.