POTUS HAMMERS "TOO LATE" POWELL AGAIN
(media.greatawakening.win)
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Have to disagree with the boss on " no inflation" the buying power of dollar is all but gone. Everyday prices are not coming down, and in January property taxes almost doubled based on home sales in the area alone, no assessments have ever been done. Go ahead and hammer on the FED, audit their asses and disband the organization. The Fiat system has run it's course, there's no saving any of it.
I agree with your take on what is going on today. Trump can, I think, save the dollar as long as it is backed by silver or gold, we print our money, and the FED is done away with. We will see how this turns out. Trump and all that follow him believe that America is heading toward the golden age MAGA.
According to the best info on food inflation ,my wife,she says milk and eggs have come way down but everything else is FUCKIN OUTRAGEOUS,with that said it all teeters on energy/fuel costs and that is in the crosshairs of POTUS ,give it some time and watch ,MY Bellwether is 8pc Family Meal @ Bojangles currently $29.99 w/o tax normally/previously $19.99.
I certainly hope your wife and you are correct. But I live in the great state of Maryland, and our governor, Wes Moore (horrible), and general assembly back the green initiative, windmills, solar power and the rest. So it will be a while for us to get back to "normal".
either move or relocate,lol
The moving is the problem. My one and only grandchild, female, is living about 2 miles from me and her grandmother-so moving right now (she is 4 and will be 5 soon) is not an option we want to explore. We may consider it soon if this state doesn't change soon. Thanks for the advice though😎.
There are a lot of hurdles and Banks(FED) still delay the BASEL III implementation, complaining and interfering with Stable coin (not a fan) and even now scheme go arounds. Historically speaking before any revaluation of gold, there's always a confiscation. Any valuation will not go far enough to service the "Debt" if the intention is to pay it down or off. On the other hand, if the FED is found fraudulent, the crooks go to jail, then there's no one to pay the debt to. It's a difficult read, with never enough good information. I hope there is a way, but not counting on it.
Well we will definitely see how this turns out, and I hope it is better than expected-by anyone!
No kidding, like we have anything to say about 😏
Well we can say just about anything we want (on this site) as long as it is in the guidelines the moderators put out. So we can blast it or say it is a good move-but keep your perspective (as your screen name says) and keep on putting your perspective out there; as you seem to be doing. You never who might read it.
Cannot control inflation by changing the intetest rate. Its like trying to control a rover on Mars from Earth. The lag is so bad that by the time you see a hole in your path your already at the bottom of it.
"Who are you, so wise in the ways of economics?"
I don't think he's trying to control inflation through the interest rate. I think he's trying to impact the housing market. In fact the way it's worded this is exactly why I think what I just said
Heah, the deep state doesnt want us buying tHe real estate they want to hide their fiat dollars in. When u.s. fiat fails the the deep state wont get to convert. Tjeu can however sell all that real estate and get the new bucks.
USA interest bill is over $1,000,000,000,000 this year. Yeah interest rate affects that.
Could somebody please inform Jerome “Too Late” Powell that he is hurting the Housing Industry, very badly? People can’t get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut. “Too Late” is a disaster!
https://truthsocial.com/@realDonaldTrump/115057827631877948
Would someone inform me .. I don’t have the knowledge as to why this Demon can’t be fired or replaced !
Might be Optics to wake up hopeful home buyers who have been denied home ownership. jmo
Congress had to vote to allow this group of elites to birth this federal reserve monstrosity. It failed twice in Congress, then only passed after dissenters were killed on the Titanic "accident."
So, I imagine Congress would have to dismantle it or to restructure its leadership.
Since it is not a federal government agency, Trump is not their boss. I thought that Trump made a strategic move in 2020 to change the board members in a way that gave us some control. I don't know what happened with that.
Don’t worry about the crypto it will go back up and higher as soon as Powell lowers interest rate or get fired, or both.
🚀
Well im ready to buy a house but they can suck it if they think ill sign a 7 percent note.
"No inflation" lol. My house that I bought 9 years ago is doubled in price. My salary sure hasn't. If I was a new home buyer I would be locked out of my own neighborhood and pretty much anywhere else. This is devastating for people and just lowering the interest rate won't help much imo. I'm not sure what can really be done. This is the effect of money printing.
I believe Trump is relaying a message to this tool, that it's Too Late, for that foolish Chess move. They were checkmated a long time ago!