Trump Forces the Fed to Keep Interest Rates Low

Prof. Wolff joined Thom Hartmann to discuss whether or not Donald Trump is forcing the federal reserve to keep interest rates low, to ensure he is re-elected in 2020. The Government in a capitalist system is the lender and spender of last resort. When things are going well, business will tell you how wonderful things are. In hard times, they will run to government finance. The government will support the bad times, but do they have too much power when a leader has his or her hands close to the till? The Federal Reserve is supposed to be independent, but governments always want to meddle. See clip here:

https://youtu.be/TyVIzNneOio

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