It’s almost comical:
When inflation was surging, the Fed initially dismissed it as “transitory” and delayed raising rates.
Now that inflation has cooled, at least by their own metrics, Powell refuses to cut them.
Meanwhile, let’s not forget that when rates were near ZERO, Treasury Secretary Janet Yellen didn’t refinance America’s massive debt.
She is also a former Federal Reserve chair. That missed window could have saved taxpayers billions. And now… here we are.
Stan Druckenmiller blasted Janet Yellen, “I literally think if you go back to Alexander Hamilton, it was the biggest blunder in the history of the Treasury. I have no idea why she has not been called out on this. She has no right to still be in that job.”
Colombia has officially joined the BRICS bank.
BREAKING NEWS: THE PRESIDENT OF THE UNITED STATES SAYS THE FEDERAL RESERVE BOARD IS COMPLICIT
Here we go…
The pressure is building on the Federal Reserve now. People act as if the Fed is some underdog… what a joke.
This unelected body controls the fate of millions of Americans, and its decisions echo throughout the ENTIRE economy.
I will forever cherish my conversation with Ron Paul; he highlighted this fact long before I was even born.
He spoke about his exchange with the former Federal Reserve chairman with Ben Bernanke below:
