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Schiff Criticizes Trump’s Rate Cut Idea, Says Transition to Manufacturing Economy Requires Higher Rates

1 month ago
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Economist Peter Schiff has stated he disagrees with U.S. President Trump’s concept that decreasing rates of interest would assist the U.S. shift to a manufacturing-based financial system. Schiff: Decreasing Curiosity Charges Counterproductive Economist Peter Schiff has panned the concept supported by then-U.S. President Donald Trump that decreasing rates of interest may assist America transition from an import-dependent financial system […]



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Tags: criticizesCutEconomyhigherIdeaManufacturingRateRatesRequiresSchiffTransitionTrumps
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