BREAKING: Trump Misreads Jobs Report, Threatens To Cut Off Trade | Receipts Live
Catherine Rampell and JVL break down Donald Trump’s latest economic claims—and explain why his understanding of interest rates, inflation, and economic growth is so badly detached from reality. They also dig into a disturbing new trend: European countries are moving gold and other assets out of the United States as allies increasingly worry that Trump could weaponize America’s financial power against them. From Greenland and tariffs to threats of sanctions and asset seizures, the trust that once made the U.S. dollar the world’s safe haven is starting to erode. Plus: The Federal Reserve’s looming clash with the White House, the reliability of U.S. economic data, and why boring, predictable leadership might actually be good for the economy. And there’s big news for Receipts: Catherine is expanding the show with a second weekly episode featuring economists, experts, politicians, and other guests to explain how Trump’s economic agenda affects your everyday life. Read more from Catherine's newsletter: https://www.thebulwark.com/p/europe-gold-fled-the-nazis-now-its-fleeing-trump
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