Why is Trump upset with Fed Reserve chair Powell?

Contrary to you, fellas on the forum, Trump is not the reason for the cost of high prices. Long-term tariff results aside for a moment, the reason prices go up is because of devaluation of the dollar. Trump is beside himself mad at Powell, who willnot reduce his rates. If the rates are reduced, the value of the dollar goes up. Which means the cost of goods would go down. So this is evidence of your man Trump trying to do the right thing and running this country. Take it for what it’s worth.

If the rates are reduced, the value of the dollar goes up.

Is there any reasonable economist following that thesis?

And if so why didn't generations of Fed-bosses?

@AverageJoe1 said
Contrary to you, fellas on the forum, Trump is not the reason for the cost of high prices. Long-term tariff results aside for a moment, the reason prices go up is because of devaluation of the dollar. Trump is beside himself mad at Powell, who willnot reduce his rates. If the rates are reduced, the value of the dollar goes up. Which means the cost of goods would go down. ...[text shortened]... f your man Trump trying to do the right thing and running this country. Take it for what it’s worth.

@Ponderable said
If the rates are reduced, the value of the dollar goes up.

Is there any reasonable economist following that thesis?

And if so why didn't generations of Fed-bosses?

@AverageJoe1 said
Contrary to you, fellas on the forum, Trump is not the reason for the cost of high prices. Long-term tariff results aside for a moment, the reason prices go up is because of devaluation of the dollar. Trump is beside himself mad at Powell, who willnot reduce his rates. If the rates are reduced, the value of the dollar goes up. Which means the cost of goods would go down. ...[text shortened]... f your man Trump trying to do the right thing and running this country. Take it for what it’s worth.

@AverageJoe1 said
Why indeed.
Of course my comment is general, as there’s no question that when the dollar loses value that the price of goods goes up, do you deny that?
So, if Powell lowers the rate, do you think the market will respond positively?

@Suzianne said
This is why we generally do not put ignoramuses in control of the Fed.

@AverageJoe1 said
Why indeed.
Of course my comment is general, as there’s no question that when the dollar loses value that the price of goods goes up, do you deny that?
So, if Powell lowers the rate, do you think the market will respond positively?

@Ponderable said
So we have first to define "value"

I hope we can agree that inflation decreases the value of the money?

@AverageJoe1 said
It does

@kmax87 said
Follow the bouncing ball joe.

Fed reduces rates, money becomes cheaper, everyone takes on more debt and inflation becomes turbo charged. Repayments on debt increase, rinse and repeat until hello Weimar Germany....

And if the Fed finally balks at buying more treasuries and liquidity dries up, then I hope you know your REM, cos its the end of the world as we know it......

@AverageJoe1 said
It does

@Ponderable said
So Inflation has several possible reasons:

* There is more money than goods. Of course the rpice of goods rises. That "more money"" can have several sources:
1) The government is printing more to pay for thier deficit.
2) banks giev at low rates, so that epople can spend.

Clear so far?

@AverageJoe1 said
You think the govt is printing money to pay for deficit?? Do you think the govt should control the amount of interest a bank charges? Should govt tell Musk how much money he should be allowed to have? You fellers need to let water seek its own level.
If I discover the cure for aids, and see that Musk has $1T, I am going to charge the govt $1T for my formula. If t ...[text shortened]... formula in the safe by my fireplace.

You visit with Trump at the Oval. What will y'all do?

@Ponderable said
You are already in interpretation.

On source of inflation by "too much money around" is that governemnts hit the prrinting press to pay for their debts.

True or false?

Edit: I could put it in the past tense "...in the past money surplus was an effect of governments increasing amount of money"