Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates

After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.

On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.


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  • grue@lemmy.world
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    1 month ago

    This isn’t panic. Stealing power through sabotage and violence has been the plan for over four years. It’s what all of MAGA’s efforts have been put towards (cultivating fascist paramilitaries, corrupting the judiciary, infiltrating the elections bureaucracy with zealots, etc.). Hell, just look at Trump’s campaigning: he’s spent absolutely fuck-all effort trying to broaden his appeal to win more votes, but lots of effort trying to radicalize his base to coup for him.

    He will make a play to seize power through violence, regardless of what the poll results are. That is his primary, intended, planned path to victory.

    • InverseParallax@lemmy.world
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      1 month ago

      No, you’re wrong.

      He’s a complete, delusional narcissist, he genuinely believes most of America loves him, it’s just his enemies who cheat to win. This is true in every setting for him, business, legal, personal, everything.

      He was sure he would win 2024 in a walk and blow Biden out of the water, and he’s shocked a woman, a half n-word/half curry-head WOMAN of all people is threatening him!

      You can’t understand how he thinks, you have to have been raised by them, he is a devout follower of the religion of Donald J Trump.

      • grue@lemmy.world
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        1 month ago

        I’m not wrong; I’m just describing a different aspect of the situation than you are. I’m explaining what he’s doing, while you’re explaining how he deludes himself into thinking he’s justified for doing it.

        • InverseParallax@lemmy.world
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          1 month ago

          You said his original plan was to use violence.

          I’m saying his original plan was to not need violence, obviously he would win legitimately, he’s Donald J Trump.

          And if there’s any chance his enemies will try to steal what’s rightfully his (ie America), he will use as much violence as he can to make them forever regret it.