The transitory narrative came from Yelen. Powell had to play politics to get reconfirmed.
If you dive deep into what Powell has done, he's put us back on track towards an actual free and fair market. The issue now is congress playing ball and curbing spending.
Trump picked Powell for a reason, and the swamp tried to not reconfirm him. They wanted Brainard, and couldnt make it happen. And, if lineage means anything, Powell is decended from patriots of the original 13 colonies.
I am more on this team than any other. Our interest rates for far too long have been far too low to sufficiently support the USD with foreign investment. We've been the cleanest dirty shirt, so we got away with it, but that game is over now.
As much as nobody likes it, I think these interest rates are here to stay, and in the long run they will be good for us.
The transitory narrative came from Yelen. Powell had to play politics to get reconfirmed.
If you dive deep into what Powell has done, he's put us back on track towards an actual free and fair market. The issue now is congress playing ball and curbing spending.
Trump picked Powell for a reason, and the swamp tried to not reconfirm him. They wanted Brainard, and couldnt make it happen. And, if lineage means anything, Powell is decended from patriots of the original 13 colonies.
I am more on this team than any other. Our interest rates for far too long have been far too low to sufficiently support the USD with foreign investment. We've been the cleanest dirty shirt, so we got away with it, but that game is over now.
As much as nobody likes it, I think these interest rates are here to stay, and in the long run they will be good for us.
I think you're on to something here.