WallStForMainSt: History Lesson: US Presidents Were Bullying Fed Chairmen Decades Before Trump

  • Tuesday, 04 June 2019 23:13
Jason talks about US Presidents from both major political parties threatening and bullying Fed Chairmen decades before President Trump did it with Jerome "Jay" Powell This biased, poorly researched article from Politico last week inspired this video: The Fed's dangerous 'new normal.' Is the Fed becoming the president’s piggy bank of choice? https://www.politico.com/agenda/story/2019/05/29/the-feds-dangerous-new-normal-000902 Additional Research on Past US Presidents Who Bullied Fed Chairman: 1) When LBJ Attacked A Fed Chairman https://www.zerohedge.com/news/2018-07-31/when-lbj-attacked-fed-chairman 2) A President at War With His Fed Chief, 5 Decades Before Trump https://www.nytimes.com/2017/06/13/business/economy/a-president-at-war-with-his-fed-chief-5-decades-before-trump.html 3) Is Jay Powell The Arthur Burns Of Today? https://www.zerohedge.com/news/2019-02-28/jay-powell-arthur-burns-today 4) Burns Diary Exposes the Myth of Fed Independence https://mises.org/library/burns-diary-exposes-myth-fed-independence 5) Nixon's Influence on Fed Revealed : Critical Letter From Reagan Shunted Aside, Memos Show https://www.latimes.com/archives/la-xpm-1988-03-23-fi-1822-story.html 6) How Richard Nixon Pressured Arthur Burns: Evidence From the Nixon Tapes https://www.researchgate.net/publication/4726336_How_Richard_Nixon_Pressured_Arthur_Burns_Evidence_From_the_Nixon_Tapes 7) How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes https://www.aeaweb.org/articles?id=10.1257%2Fjep.20.4.177 Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 51 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**

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