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![PeterSchiff Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::56562803.png) Peter Schiff [@PeterSchiff](/creator/twitter/PeterSchiff) on x 1.2M followers
Created: 2025-07-18 11:34:50 UTC

Trump wants the Fed to slash interest rates to 1%. Greenspan did that during the recession that followed the dot-com bubble bust, which blew up an even larger bubble in housing that led to the 2008 GFC. Cheap money isn’t the solution to our problems — it’s the cause.


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**Related Topics**
[money](/topic/money)
[bubble](/topic/bubble)
[rates](/topic/rates)
[federal reserve](/topic/federal-reserve)
[donald trump](/topic/donald-trump)

[Post Link](https://x.com/PeterSchiff/status/1946171804055220414)