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Trump blames the Fed for sky high mortgage rates: "You have a board that would like to see the country do badly, in my opinion, because I think interest rates should come down"

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Except that the Fed *doesn't* set mortgage rates Also, if the Fed were to lower (short term) rates, the only rates they can adjust, it would likely cause long term rates (mortgage rates) to rise But, I'm not a High-IQ Stable Genius, whose uncle went to MIT, so WTF do I know, right?

Also if they did somehow lower long term rates that would only inflate downstream lending risk in a way that would economically decimate our country.

The Fed does not control mortgage rates. What’s more, his Treasury Secretary, Bessent, is responsible for bond yields increasing, which does affect mortgage rates. Morons!

One of the best things to happen to Trump and his MAGA brainwashed goons was his loss in 2020 since it allowed another person to be president while all his shit decisions came to fruition. He can eternally blame “that guy” for stuff in the recent past even though the person to blame is often him.

Wah Wah Wah it’s the feds fault Wah Wah Wah I could’ve done bad things to Obama, Clinton and Biden Wah Wah Wah i won the war Wah Wah effin wah oh look i renamed something after myself and made this Italian marble helipad

The American Clown 🤡 appointed his own 🤡 at the Fed and thought the new Fed 🤡 would make the same jokes as the American 🤡 The new Fed 🤡 seems to be an independent 🤡 in the other Circus which makes more serious jokes.

If he was affected by the Liar, Liar wish, this would be followed by, “Because what I believe about inflation and interest rates, and economics in general, is the opposite of reality.”

If he wants interest rates to come down, he’s not going to get there with high inflation, a lagging labor market, and high tariffs. Those things cause interest rates to rise.

When Trump's casino was bleeding money, he just made more chips to solve the problem. Anyways, Trump bankrupted that casino.

You have borders closed Inflation under control Investors in our country Redevelopment of our factories Lower taxes no tax on tips Less crime less fentanyl  Missing children found Lowered drug prices I guess u know how things work What did Biden do for the country that is impressed you?

Can anyone tell me WTF he can do or says he should have done to President Obama?!!! I despise him so bad, he’s nothing but the devil!!! He’s vile to the core!

Oh finally he's been convinced that the fed chair doesn't decide everything. Guessing he called up Warsh to yell at him and was told "oh mr president I know you already know this but..." He still doesn't understand how mortgage rates are set though.