Economist Justin Wolfers is warning that President Donald Trump's fixation on low interest rates could set the U.S. on a nightmarish path, one that increasingly mirrors the unrelenting inflation crisis that has gripped Turkey over the past couple of years.
What Happened: On Tuesday, the University of Michigan economist shared a brief clip from his recent CNN appearance on X, voicing his concerns regarding political leaders who push for persistently low interest rates without any consideration for inflationary dynamics or institutional guardrails.
