Posted on 03/02/2022 12:08:45 PM PST by bitt
Fed Chief Jerome Powell says it’s possible to have more than one reserve currency in the world. How does this make America great again?
Jerome Powell is planning on raising interest rates this month from the zero percent that Democrats have benefitted from in the White House this century. Rates have been kept at zero percent for almost all the time that Democrats are in the White House since 2000.
He spoke in front of Congress this morning. PBS reports:
Federal Reserve Chair Jerome Powell made clear Wednesday that the Fed will begin raising interest rates this month in a high-stakes effort to restrain surging inflation.
Fed Chief Jerome Powell also shared the potential to have more than one reserve currency in the world. This is a shocking statement coming from the head of the Fed.
(Excerpt) Read more at thegatewaypundit.com ...
Let’s Go Brandon!
Here it comes. Great reset. Translated this means “we lit a prairie fire to burn down the Russian economy, and yeah, the wind will likely shift the wildfire in our direction.
Anybody want to guess his level of investment in China?
Translation - We are fooked.
Preparing American consumers for the worst price inflation in history. To grind the “middle class” workers into the dust so everyone roll be dependent on the D/commieNazuSociailistas.
I have listened to Catherine Austin Fitts being interviewed and She was asked what would happen if the USD stopped being the world reserve currency.
That thought was so disturbing to her that her brain shut down for a second and then she said, umm ahh that cannot never happen.
Catherine Austin Fitts knows her stuff. she’s top notch.
If we no longer have currency dominance does that mean we’ll have a lot less illegal colonizers crossing the borders?
Serious question, why would he ever say this? Is this just another brick pulled out in the dismantling of our country, or what?
DEFAULT = we’re done
Schwab, Soros and the Chinese just sit back and laugh
Probably up to his eyeballs in commie money...
Good then I hope he doesn’t mind me keeping gold and silver as my reserve currency. Interesting that all of a sudden the Fed has changed its tune about allowing competing currencies’ that must mean the end game can’t be too far away.
Yea, it’s called gold. We are being pushed back to the Stone Age. Coal is way up, gold is next. Who would want dollars from a country with rigged elections anyway?
Yes because it will mean our own economy would sink to the same level as that of Mexico.
To Hell in a handcar.
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