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As Gomer Pyle would say "Gollllllleeee....Surprise...Surprise !!! " Color me Not Suprised....
He is politically biased. O'Keefe has an undercover interview with someone at the fed(can't remember name or title) saying Powell wants his legacy to be that he stopped Trump. Everything is political, including the fed.I don’t think J-money is politically biased. He thinks he’s doing the right things. He’s not. Our economy is not nearly as interest rate sensitive as it used to be. More modest rate hikes would have done the same thing as their draconian hikes. Now the cuts won’t do all that much either on inflarion. The Fed unnecessarily punished interest rate sensitive segments of the economy.
Well if there’s one thing that’s gonna put Trump in office it is the one two punch of inflation - which the fed played a large part in being way late to tighten financial conditions, Also these high rates staying high aren’t doing Biden any favors. I don’t think Powell has done a good job but it isn’t because he’s rooting against trump. The Fed ain’t helping Biden at all.He is politically biased. O'Keefe has an undercover interview with someone at the fed(can't remember name or title) saying Powell wants his legacy to be that he stopped Trump. Everything is political, including the fed.
I’m not sure what Powell did to stop Trump. The Fed was accommodative in 2020 to say the least.He is politically biased. O'Keefe has an undercover interview with someone at the fed(can't remember name or title) saying Powell wants his legacy to be that he stopped Trump. Everything is political, including the fed.