I have a feeling Powell is doing exactly what Trump has told him to do. Together they are in the act of destroying the FED. Whenever Trump continuously attacks someone it's someone working with Trump. He's done this several times starting with Jeff Sessions.
Er... The Fed has a conflict of interests; the member banks make more with high interest rates. And if not them directly then their buddy bankers we owe.
I have a feeling Powell is doing exactly what Trump has told him to do. Together they are in the act of destroying the FED. Whenever Trump continuously attacks someone it's someone working with Trump. He's done this several times starting with Jeff Sessions.
Trump appointed nearly the whole board on his first term. Kayfabe is a thing. Joe Lange wrote about it in his Master and Commander article.
https://open.substack.com/pub/badlands/p/master-and-commander?r=1281d9&utm_medium=ios
Super kayfabe.
Define: kayfabe
Fake, and ghey
play acting, faux enemies.
u/#takedown
Trump's TS post - https://truthsocial.com/@realDonaldTrump/114773418889111055
on qagg - https://qagg.news/?read=TT28130
You get it to 1 percent or less and ill start spending. I'm in the market for a house but forgeddabout it at these rates.
0% is exactly what we should be paying...
It's repugnant. GET OFF US AND OUR LAWN!!!
Er... The Fed has a conflict of interests; the member banks make more with high interest rates. And if not them directly then their buddy bankers we owe.
Hey uh. Just throwing it out there.
Does the Fed set the rate to whatever it wants, which would have Jerome Powell at fault,
OR
Does it have to secure a base rate from an issuing body, and tack on a certain amount for OE/other costs/profits?
Hey uh. Just throwing it out there.
Does the Fed set the rate to whatever it wants, which would have Jerome Powell at fault,
OR
Does it have to secure a base rate from an issuing body, and tack on a certain amount for OE/other costs/profits?
I’ve always kindof assumed it was the former, but some portion of this process is the issuance of US Treasuries.
Was he not able to sell enough T-bonds at low enough rates?
Some of the handwritten letters are much darker than the others. Any thoughts?
Boost the stock market? Yes. Weaken the dollar? Not necessarily. There’s a few other factors at play there.