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applegrove

(129,851 posts) Fri Dec 12, 2025, 02:00 PM Friday

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The Sleeper Issue That Could Destroy the Economy [View all]

The Sleeper Issue That Could Destroy the Economy

December 12, 2025 at 1:04 pm EST By Taegan Goddard 72 Comments

https://politicalwire.com/2025/12/12/the-sleeper-issue-that-could-destroy-the-economy/

Catherine Rampell: “There are many items on President Trump’s agenda that are hurting the U.S. economy: the pointless trade wars, the socialization of the private sector, the mass deportations, and much more.”

“But in the long run, the most damaging policy of all might be one that’s gotten scant attention, at least from non-finance-nerds: Trump’s quest to crush the Federal Reserve. If Trump succeeds, he may doom the United States to high inflation for years, if not decades, to come.”

Jonathan Last: “If Trump succeeds, then he will have created a problem without a solution—because no future administration can force bond markets to reappraise the American central bank.”

39 replies

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The Sleeper Issue That Could Destroy the Economy [View all] applegrove Friday OP

rapidly rising prices due to tariffs and lack of cheap labor lapfog_1 Friday #1

For some reason popsdenver Friday #13

That's More The First Layer ProfessorGAC Friday #16

Thanks Professor popsdenver Friday #17

That's hard to understand and therefore hard to think about. bucolic_frolic Friday #2

The TRUE coup de gras popsdenver Friday #15

True bucolic_frolic Friday #19

Cash is not good either, as the dollar will be worth less. Private equity may (or may not) be more insulated lostnfound Saturday #29

Crashes are a feature of unregulated capitalism Farmer-Rick Saturday #22

Do you mean get one that *doesn't* require crashes? (Typo, I think) lostnfound Saturday #30

Yes, yes I did Farmer-Rick Saturday #31

Who benefits and how from Trump destroying the US economy for decades? Irish_Dem Friday #3

This questions is the disturbing me. Kid Berwyn Friday #4

Maybe the Trump MAGAs see AI depressing and even reducing wages applegrove Friday #5

The Nerd Reich is low enough to do that. Kid Berwyn Friday #6

Crows would see the British and French lining up against each other applegrove Friday #8

They have long prepared for that day. Kid Berwyn Friday #18

Yeah. I think it was Thiel who had plans to evacuate to New Zealand applegrove Friday #20

If I was his pilot... lonely bird Saturday #21

Back to fuedalism then..... Farmer-Rick Saturday #24

China and Russia plan to be the sole global economy. Irish_Dem Friday #7

Russia is fucked lonely bird Saturday #23

Yes. But if Trump can divert US resources to Russia, and hand over Ukraine and its resources, Irish_Dem Saturday #27

Number one popsdenver Saturday #38

Krugman has written on this, the fact that the violation of the Fed's political independence would destroy the Martin68 Friday #9

This is the entire problem in a nutshell lonely bird Saturday #25

Nailed it, and thanks for bringing up Reagan as the architect of what we are walkingman Saturday #28

Good point. They've undermined everyone's trust in the voting system, which held strong in spite of the attacks. Martin68 Saturday #35

Saw an article headline re foreigners considering selling their US bond holdings Attilatheblond Friday #10

Sleeper issue plus sleeper president, not a good mix. Sneederbunk Friday #11

Shades of Hitler's "Nero Decree" Seinan Sensei Friday #12

And to punish Germany for losing the war. nt Wednesdays Friday #14

What the heck does "... socialization of the private sector..." refer? Hugin Saturday #26

Subsidies given to corporations? applegrove Saturday #34

I suppose that's what it means in this case. Hugin Saturday #37

Donald Trump and his goons have done more to destroy the US than Osama Bin Laden ever dreamed of. Initech Saturday #32

So we had hoovervilles will the new encampments be called trumpvilles Samael13 Saturday #33

The Fed does more than set interest rates, gab13by13 Saturday #36

It's coming Dave says Saturday #39