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I am your host, Michael Cove. Not filtered, raw, honest.

That's my passion.

Recently I saw Donald Trump, regardless of your political opinion of Donald Trump, I think what he said was accurate. But what I saw Donald Trump, regardless of your political opinion of Donald Trump, I think what he said

was accurate. But what I saw Donald Trump say was that the Federal Reserve policy was political.

In fact, he specifically said interest rates were being kept low to help the president.

That may or may not be true.

But if you're out there right now and you think that somehow or another, the United States Federal Reserve is apolitical,

well, that's just not accurate. Everything about Washington, D.C. is political.

If the Federal Reserve was not political, there would be a systematic process that every last one of us could follow and know their actions at any given time.

But of course, it is political.

The inputs are political. Everything is political. If there is

any subjective part left open to interpretation, it's political. That's the way it works.

So you can agree with Trump, you can disagree with Trump, and the administration came out and they said,

hey, that's not true. Mr. Trump is

wrong. The Federal Reserve is simply doing what's best for the American economy.

There you have it. The other side of the coin. Now, what's best for the American economy?

That's subjective. What is the American economy? That's subjective.

It's all subjective. But we all do know one thing. It's not a good thing.

When the deficit rings up higher, the debt rings up higher, and interest rates are basically

below zero for all intensive purposes.

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