Trump looks to Nixon’s playbook - good for him, bad for the economy?

The GuardianFriday, October 3, 2025 at 11:00:35 AM
Trump looks to Nixon’s playbook - good for him, bad for the economy?
Donald Trump's recent approach to the Federal Reserve echoes tactics used by Richard Nixon, which historically led to negative economic consequences. By pressuring the Fed for political gain, Trump risks repeating Nixon's mistakes, potentially harming the economy. This is significant as it highlights the dangers of political interference in monetary policy, reminding us that such actions can have far-reaching effects on economic stability.
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