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Belle of the Ranch

Let's talk about Trump, the Fed, and fixing the economy for the average person.....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 31 May 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Trump, the Fed, and fixing the economy for the average person.....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:04.9

So today, we're going to talk about Trump, the Fed, and fixing the economy for the average person.

0:12.8

The signs of how bad Trump's economic policies have been for the economy are almost endless.

0:18.9

From Trump sending the stock market into correction, to the dramatic

0:23.3

ups and downs in the markets as Trump's unpredictable tariff schemes get implemented and withdrawn,

0:29.6

to the bond market freakouts, to the negative GDP for last quarter, to layoffs and freezes,

0:37.2

to sector downturns, to disagreement on Capitol Hill

0:41.1

within his own party over whether to actually enact his policies via legislation.

0:47.1

The evidence that Trump's economic policies are not working and are in fact hurting is ample.

0:53.8

But if you're one of those people trying to talk

0:56.3

to people about it, you've probably run into trouble trying to break down how these things

1:01.7

impact the average person. Most people understand how interest rates impact them. From cars to

1:09.8

homes to their employment, interest rates matter.

1:14.0

Even those who don't grasp that have heard Trump rant about how interest rates are too high.

1:20.6

The Federal Reserve sets the rates that impact all other rates. So the question is, why hasn't

1:27.4

the Fed lowered interest rates? If you follow the economy,

1:31.0

you already know. But for those who don't, this quote might help. Quote, if on the back end of this

1:39.2

thing, either we don't put the tariffs in, or they reach some deals that allow us to avoid doing that.

1:46.5

We could go back to what we were prior to April 2nd.

1:50.3

If you have stable full employment and inflation going to target, rates can come down.

1:58.5

Rates go down when the tariffs go away. Pretty simple. So who's the quote from?

2:05.6

Austin Gouldsby, the current president and chief executive officer of the Federal Reserve Bank of

...

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