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Trump: US has ‘false economy’ & artificial stock market

September 6, 2016 By administrator

Republican presidential nominee Donald Trump © Carlo Allegri / Reuters

Republican presidential nominee Donald Trump © Carlo Allegri / Reuters

Republican presidential nominee Donald Trump has described the US economy as “false,” saying that the central banking system is intentionally keeping interest rates low to prevent a new economic collapse.

“We have a very false economy,” Reuters reported Trump as saying in answering to a journalist’s question while campaigning in Ohio on Monday.

“They’re keeping the rates down so that everything else doesn’t go down,” Trump added in response to the question, which was about a possible rise in interest rates by the Federal Reserve this month.

At some point the rates are going to have to change,” Trump said. “The only thing that is strong is the artificial stock market.” We have to rebuild the infrastructure of our country. We have to rebuild our military, which is being decimated by bad decisions. We have to do a lot of things. We have to reduce our debt, and the best thing we have going now is that interest rates are so low that lots of good things can be done – that aren’t being done, amazingly,” Trump said back in April.

Filed Under: News Tagged With: false economy, Trump

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