{"id":48410,"date":"2019-09-12T08:12:26","date_gmt":"2019-09-12T13:12:26","guid":{"rendered":"https:\/\/olduvai.ca\/?p=48410"},"modified":"2019-09-12T08:12:28","modified_gmt":"2019-09-12T13:12:28","slug":"trump-praises-ecb-for-depreciating-the-euro-slams-the-fed-for-doing-nothing","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=48410","title":{"rendered":"Trump Praises ECB For &#8220;Depreciating The Euro&#8221;, Slams The Fed For Doing Nothing"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/economics\/trump-praises-ecb-depreciating-euro-slams-fed-doing-nothing\">Trump Praises ECB For &#8220;Depreciating The Euro&#8221;, Slams The Fed For Doing Nothing<\/a><\/h3>\n\n\n\n<p>When discussing the barrage of easing unleashed by the ECB moments ago, we said that as &#8220;we prepare for the ECB press conference in 30 minutes,&nbsp;<strong>that will be nothing compared to the angry twitter tirade we expect by president Trump who will demand that Powell immediately match everything that Powell has done.<\/strong>&#8220;<\/p>\n\n\n\n<p>And sure enough, just about half an hour after the ECB announcement, Trump praised the European Central Bank, for &#8220;acting quickly, Cuts Rates 10 Basis Points. They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting U.S. exports&#8230;.&#8221; And, as expected, the president lashed out at the Fed again, saying that &#8220;the Fed sits, and sits, and sits. They get paid to borrow money, while we are paying interest!&#8221;<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/twitter.com\/realDonaldTrump\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/874276197357596672\/kUuht00m_normal.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/twitter.com\/realDonaldTrump\"><strong><\/strong><strong>\u2714<\/strong><\/a><a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1172120964232093697\"><\/a><\/p>\n\n\n\n<p>European Central Bank, acting quickly, Cuts Rates 10 Basis Points. They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting U.S. exports&#8230;. And the Fed sits, and sits, and sits. They get paid to borrow money, while we are paying interest!<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Praises ECB For &#8220;Depreciating The Euro&#8221;, Slams The Fed For Doing Nothing When discussing the barrage of easing unleashed by the ECB moments ago, we said that as &#8220;we prepare for the ECB press conference in 30 minutes,&nbsp;that will be nothing compared to the angry twitter tirade we expect by president Trump who will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[3493,7844,233,282,27153,839,4318],"class_list":["post-48410","post","type-post","status-publish","format-standard","hentry","category-economics","tag-currency-depreciation","tag-donald-trump","tag-ecb","tag-european-central-bank","tag-fiat-currency-devaluation","tag-us-dollar","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48410"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48410\/revisions"}],"predecessor-version":[{"id":48411,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48410\/revisions\/48411"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}