It's so absurd now.

Judy Shelton, the supposed nutty goldbug, "would have voted for a 50-basis point cut at the June meeting."

Nowadays the "doves" want 1923 Germany, while the "hawks" want 1922 Germany. https://t.co/RXAfy6cq9o pic.twitter.com/5vmIz4eKw5

— Rudy Havenstein, Smiling Politely (@RudyHavenstein) July 22, 2019

Prospective Trump Fed nominee Judy Shelton calls for a deeper rate cut later this month https://t.co/dvBrukyFc6

— Ripple Press (@RipplePress) July 22, 2019

Prospective Trump Fed nominee Judy Shelton (#gold bug) calls for a deeper rate cut later this month

Eyes 50 basis point cut!https://t.co/JrOsodFVWz

— Smaulgld (@Smaulgld) July 22, 2019

NEW: Trump's Fed nominee Judy Shelton calls for a 50 basis point cut in interest rates at the July meeting

Her reasons?
-Weakening global conditions
-Other central bank's actionshttps://t.co/myxbqTfygF #Fed #economy

— Heather Long (@byHeatherLong) July 22, 2019

Then we will have Qanon running the Fed ?

Trump Fed nominee Judy Shelton calls for 50 basis point cut to interest rates in Julyhttps://t.co/4Hh5075Hh5

— Sith Lord (@KenobiCheated) July 22, 2019

Say hi to your next Fed Chair ~~~> "Trump Fed nominee Judy Shelton calls for 50 basis point cut to interest rates in July" https://t.co/ezZehxWdsU #Fed #gold

— CEO Technician (@CEOTechnician) July 22, 2019

What happens to #Gold and gold stocks if #Fed cuts rates by 50 bps. ??

https://t.co/SZ5meVhl7y

— Pal Investing (@Pal_Investing) July 22, 2019

What a coincidence!

Trump Fed nominee Judy Shelton calls for 50 basis point cut to interest rates in Julyhttps://t.co/0PTzCilUMM

— ?ʙᴏᴏᴛ•ꜱᴛᴀᴛᴇ•ʙʀɪᴇ? (@BlueBeeInDaBoot) July 22, 2019

KOCHERLAKOTA, on a potential Fed cut next week: "If history is any guide, it will mean that the Fed is highly unlikely to be willing to raise rates for the next twenty-five to fifty meetings. That IS a big deal."

(via @bopinion) https://t.co/M0kYVw1mgY

— Carl Quintanilla (@carlquintanilla) July 22, 2019

#FactCheck
Trump claims we have a record economy, yet:
"The U.S. Federal Reserve is poised to put interest rates on a new, downward trajectory in its efforts to support an increasingly fragile economy."
Record Economy does not equal a Fragile Economy https://t.co/lbDnGZWKEm

— ??#NOT4ME4US?? (@MattMorgan23) July 22, 2019

Dr. Kocherlakota writes on Bloomberg Opinion that the rate cut next week is not an insurance cut but part of a long tilt toward easier policy. https://t.co/YOtLrFRa6y pic.twitter.com/ljd7b1dECw

— Craig Torres (@ctorresreporter) July 22, 2019

'The U.S. Federal Reserve is poised to put interest rates on a new, downward trajectory in its efforts to support an increasingly fragile economy. The move certainly presents inflationary risks, and the public should know about them.' https://t.co/1N9KYy1oLn pic.twitter.com/ZfYZzyCj6P

— Jesse Felder (@jessefelder) July 22, 2019

At their next meeting fed likely cutting interest rates for the first time in more than 10 years. .....But if history is any guide, it will mean that Fed is highly unlikely to be willing to raise rates for the next 25-50 meetings. That is a big deal. https://t.co/bbM3RnBDMw

— Danny Blanchflower (@D_Blanchflower) July 22, 2019