Posted on 06/29/2022 12:27:08 PM PDT by knighthawk
President Trump told us what would happen if the whackos got in and as usual POTUSDJT was right.
I think 85% of America figured it out on Jan 21, 2021, when Lunch Bucket Joey Bidet&Co canceled all of Trump’s EOs, having to do with energy and immigration. Powell is a lowlife moron.
I guess they did not teach the precedent of the Guns and Butter economy of the 60s and what it wrought in the school Powell attended. Did he attend the famous: close cover before striking economics college?
A high priest weaseling on why he couldn’t read the chicken bones.
Even I could read the chicken bones and knew what would come about.
But then, the priest is lying because he also knew. What has come about is what was intended.
Hail Hydra!
Sounds like an intern on chairmanship of federal reserve
They know what they are doing. He’s just not saying it’s malicious and by design.
No one with his background is that stupid.
Pathetic!
Interesting how many of us in our family rooms were able to predict what as going to happen...
Sheesh.
5.56mm
Biden has to fire someone LOL
He's an attorney and and investment banker. I doubt he ever took Econ 101 or Econ 102.
The only real surprise is that it took this long for inflation to hit since the Federal Reserve has been juicing the market more that Barry Bonds since the 2000 dot-com crash.
Letting the Democrats steal elections causes inflation
So he stood up on a stool and proclaimed that he is an fool who should not be running the FED or any financial institution.
He’s an idiot. Rising gas prices throttle everything. Always have.....
—By “we” I assume she is talking about Keynesians
More precisely, neo-Keynesians. I don’t think Keynes himself would be that dimwitted.
“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
—JM Keynes
I think more like 1 in 3, though, not 1 in a million, not that it makes a practical difference.
Did Powell get his job in the Biden Administration by:
donating a lot of money to democrats,
by having a sexual kink (gay trans,++whatever)
or by the color of his skin.
I haven't seen anyone in the Biden Administration who was hired because they were competent and up for the job. Or am I missing something here?
Powell was a Trump appointee. Biden gave him a second term.
Can't fire Powell except for cause. Not sure this qualifies.
You’re right. But the Federal Reserve isn’t part of the Administration, is it... but their members are appointed. So I’m guessing Powell is competent... and just ‘missed on the inflation problem.
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