Thursday , June 17 2021
Home / News / Biden policies 'duped the Fed': Economist Peter Morici

Biden policies 'duped the Fed': Economist Peter Morici



Former Chief International Trade economist Peter Morici discusses the impact of President Biden’s spending plans on the economy. #FoxBusiness

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

About approid

Check Also

Supreme Court Upholds The Affordable Care Act In 7-2 Decision

The Supreme Court has upheld the Affordable Care Act after several states filed a lawsuit …

47 comments

  1. 49% of voters over 65 voted for Biden.

  2. should have put Hillary in prison…… yur regretting that arent U

  3. It's hard to believe that this administration could do this much damage in less than 120 days. That's what happens when there is no check and balance in the system.

  4. "Duped?" GTFO , sure they had no idea buddy🤦

  5. Patriots stop supporting Democrat contributors.
    The National Basketball Association, Main stream media, and Major League Baseball have become political action committee's for President Harris and her puppet Joe Biden. In addition, the following companies (listed below the biggest offenders) that worked on Joe Biden's behalf, campaigned for other Democrats, fund raised for BLM and other far left activist organizations.

    Financial Boycott whenever possible the following……..

    NBA / WNBA, MLB, TNT, ESPN, Modelo Beer, Pacifico Beer, Corona Beer, US Bank, Coca-Cola products, State Farm Insurance, General Insurance, Nerdwallet, Dunkin Donuts, Baskin Robbins, Sonic, Carls's Jr, Jack in the Box, Wendy's, Nurtec, Best Buy, Wayfair, Kohls, Cigna, Delta Airlines, United Airlines, Norwegian Cruise Lines, Home Depot, Vivint, Verizon, USA today, NY Times, Wash Post, CNN, MSNBC, NBC, ABC, CBS, TBS, TLC, PBS, OWN, Oxygen, Discovery Channel, Discovery Plus, The View, Bloomberg, Facebook, Twitter.

    Please pass this on.
    Thank you.

    Boycott any products endorsed by NBA, MLB players, leftist fund raisers Snoop Dogg, Martha Stewart, Oprah Winfrey, Whoopi Goldberg, Amy Schumer, Taylor Swift, Jimmy Kimmel, Chelsea Handler, Robert DiNiro, Mark Cuban, Shaquille O'Neal, Earvin "Magic" Johnson, LeBron James.

  6. Biden's policies dump our money in the garbage

  7. Don't worry, your government will bring the cost of living down the day before they calculate the COLA increase for Social Security. The fix is pending.

  8. How many Biden wagons would it take to load up 10 Trillion, freshly printed, paper dollars that no one has earned?

  9. The problem is poor people buying things they never bought before with all that free money, causing rich people to have to pay more of their hard earned money for the stuff. That's unfair.

  10. I can't wait for the stock market to fail because biden's in the office he doesn't know how nothing about the stock market he's so stupid that president

  11. The Fed wasn't 'duped', they're part of the problem.

  12. Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today

  13. Bankers are done…..Fed is done…..QSF. IS A GREEN LIGHT. STAR LINK….BY BY. SWIFT..🔊🚚 NASRA / GASRA. No more baby eaters

  14. Employers are doubling encompass Social Security 80million strong zero Social Security increase

  15. Americans want traitor Trump charged with treason

  16. Democrats didn’t dupe anyone, They are in bed together. Cmon man. !

  17. Watch: Brian Tyler Cohen: How to FINALLY defund Fox News ( Brian Tyler Cohen Interview)
    Fox News is the hub for Republican propaganda machine and spreading false conspiracies and lies. Fox News is the main source for the spreading of delegitimizing our democracy.

  18. The fed is done. Biden and company are a threat to America.

  19. This the reason why trump wanted things to be made in America cause ones you have production in America then you won’t have scarcity there for competition in the market surge in prices drop. At the end more purchasing power on the dollar. So trump new what was going on with the economy but now is late you got nothings but politicians that don’t have a clue how to manipulate the economy.

  20. President Biden is surrounded by IDIOT'S !!!!

  21. The fed wasn't duped, they want this sort of thing. Higher prices are financially good for the rich. Lords and ladies and serfs, that's what the goal is.

  22. The democrat party never gave a crap about poor people ! They are making everyone poor!

  23. This country collapsing is all the fault of the Democrat voters. All this is on them. Pitiful decision Democrats. Next time you vote don't listen to the media. I see you can't make decisions for yourself. Try it next time stupid.

  24. Democrat is the reason for all this. They are doing everything out of spite. That's why they are reversing everything that the Republicans did. We need to impeach Biden. And get someone who know what they are doing. NOT TRUMP. BECAUSE WE WOULD JUST BE GOING IN A CIRCLE.

  25. Biden administration is EXACTLY what the 2nd Amendment is for, a Tyrannical government. WAKE UP AMERICA 🇺🇸😪

  26. The elderly supposedly voted for Biden so they deserve what they're getting. The elderly shut down our economy for their safety….so I don't feel bad for them at all. Not one bit. FIX news you helped this happen so I don't want to hear you complaining either. You all deserve this, enjoy!

  27. THESE DAYS IF YOU'RE NOT SPENDING TO RECOVER,THEN STOP SPENDING 💰

  28. BIDEN DID EXACTLY WHAT HIS WAS TOLD EINSTEIN! Trump said it! 401k…..gone , see ya later losers!

  29. We need people to go back to work and give them a living wage, tooooo many are working and still need government benefits to get by, I would rather see them earn more and be self-sufficient. As for inflation, some of it has to do with supply chain issues – not enough workers – causing production shortages. Also shortages from overseas, they can't keep up with the demand for manufactured goods produced there also, and sold here. Recently I had to put in a new appliance and AC – all I heard about was, we don't have that model etc.!!!! Its on backorder!!!!! Shortage of computer chips – also causing problems.

  30. The Fed was duped??!! You all wanted Joe BIDUMB, and now you have him.

  31. Duped Janice Yellen ? So what you're saying is that she has no idea what she's doing and she's a incompetent idiot. How about option #2 she knows what's going on and she's going along with the printing of funny money to give her enough time to get out of Dodge.

  32. The US is the laughing stock of the world and they are betting on the date of the implosion

  33. What's the country gonna look like after 4 yrs of this bullstink????

  34. … wars economic upheaval loss of freedom taxes social upheaval… Shortages.. but yet people still vote democratic???????🤪

  35. I hope Turkey goes to the aid of the Palestinians. Trump's and Kushner's peace deal was not meant to work for the Palestinians. Israel is doing to the Palestinians what trump's Corrupt GOP is trying to do here in the United states. To the true American people.

  36. ….. Don't worry folks Joe Biden has it all handled… He will find his bib and I guarantee you he will not get any oatmeal on his jammies…🤪

  37. If the Fed was "duped" it's because THEY WANTED TO BE SO AS TO USE THIS BS EXCUSE FOR ITS OWN BENEFIT!

  38. Well then the fed has been duped for the last 20 years.

  39. Barnum n Biden circus needs to go 2024

  40. This does not look good .,… I'm hoping it's not the start of a deep downward trend.

  41. Everyone who got a decent education knows that you can’t just print money. It has to be backed by something and the US is flat broke. Guess it’s time to go to war so the sheep who follow Biden and his crew can shift attention to that.

  42. Fake news prices will drop because demand will drop because people have money saved not increased income…..

  43. Don't worry. The Biden Administration will help the American citizens. The climbing on the stairs proved that.

  44. Cause disruption and chaos, inflation to the point that people will accept
    ANYTHING else…. increase poverty to where people will bow to ANYTHING
    for food….take away LIBERTIES in the name of security…. then you
    will see the Fake Bureau of Investigation and cia put on thier brown
    shirts and complete the change over to socialisim/comunisim. (I would
    like to take credit for this, but its actually in the comunist
    manifesto)

  45. YOU WANTED BIDEN, THERE YOU GO…..

  46. I guess everyone forgot that the biggest single drop in stock market history happened under the previous administration! Additionally, the 7 trillion + that the fed pumped into the financial markets to provide liquidity, also under the previous Administration also had nothing to do with it!

  47. I promise not to do Anymore moves that don't bring us to a better place! Or move us toward in a positive ditection

Leave a Reply

Your email address will not be published. Required fields are marked *