You may not like Trump, but his power grab for the economic levers is right. Liberals, take note!
- Posted on February 9, 2025
- By The Guardian
- 5 Views
![](https://i.guim.co.uk/img/media/dfb9c0bc9b1474ccc11d1e2884933098395541a0/1671_765_5716_3430/master/5716.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-align=bottom,left&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctb3BpbmlvbnMucG5n&s=360156aed25c27f0cf30b2eb3389b541)
You may not like Trump, but his power grab for the economic levers is right. Liberals, take note!
![](https://i.guim.co.uk/img/media/dfb9c0bc9b1474ccc11d1e2884933098395541a0/1671_765_5716_3430/master/5716.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-align=bottom,left&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctb3BpbmlvbnMucG5n&s=360156aed25c27f0cf30b2eb3389b541)
The US president has recognised something that is rarely acknowledged: monetary policy is political, says academic and author Leah Downey