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Trump Jumps in to the World of ZIRP and NIRP: Refinance US Debt!

Bret Easton Ellis, Paris Hilton and the Kardashians being Recruited by Trump??

Twitter strikes again. Don’t be surprised if Bret Easton Ellis replaces Jay Powell as head of the Federal Reserve. Ellis, immortalized the tagline for negative interest rates– less than zero— wittingly or unwittingly– the title of his best-selling dark coming of age novel back in 1985. The nihilistic zeitgeist portrayed in the novel paved the path for Paris Hilton and the Kardashians according a well-known NY Times reviewer who found Ellis’ work “disturbing”.

As in all things Trump it starts with a tweet:

Trump might be onto something. With a known $17 trillion of global government bonds yielding less than zero, it doesn’t take a rocket scientist to figure out the center cannot hold… or should I say the US central bank cannot hold it together much longer without further distortions and dislocations in the global capital markets.

So Bret Easton Ellis to head the Federal Reserve, Paris Hilton as National Security Advisor and Kim K as Secretary of the Commerce? The new Dream Team for Team Trump. With NIRP now embraced by POTUS: Dow 30,000 here we come.

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