This is not a Wikipedia article: It is an individual user's work-in-progress page, and may be incomplete and/or unreliable. For guidance on developing this draft, see Wikipedia:So you made a userspace draft. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
Trumpulus new article content ...
References
editExternal links
edit
Trumpulus is the assumed monetary policy that President-Elect Donald Trump will implement upon entering office. Central bank stimulus has dominated the United States economy through quantitative easing (QE) where the central bank buys financial assets from commercial banks and other financial institutions. The desired affect was to raise the prices of those financial assets, lower their yield, while simultaneously increasing the money supply, with the end goal of creating inflation. There is considerable debate as to the effectiveness of the Federal Reserve stimulus, given that $20 trillion of debt has been added to our country's balance sheet. During his candidacy, Trump built an economic platform based on building things in order to stimulate growth. To build something, money will need to be spent for material and labor. Because our country is in a deficit, the money will have to come as credit, which is another form of stimulus. Thus Trumpulus.