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Posted

He even told you to buy the dip at the precise time to do so.  But I guess because his lips were moving blah blah TDS blah blah TDS blah blah

 

 


 

Posted
8 minutes ago, Roundybout said:

 


 

 

Didn’t stop him from cutting in September.

 

Were we at the “target level” then?  
 

 

 

 


 


 

The FED:

 

 

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Posted
5 minutes ago, Big Blitz said:


 

 

Didn’t stop him from cutting in September.

 

Were we at the “target level” then?  
 

 

 

 


 


 

The FED:

 

 


I trust Powell more than any human being in the Trump administration. He’s the only one who knows what he’s doing. 

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Posted (edited)
51 minutes ago, Roundybout said:


I trust Powell more than any human being in the Trump administration. He’s the only one who knows what he’s doing. 


 

Let’s follow the logic of our FED over lords.  
 

In March of 2020, they cut rates because of Covid.  
 

From then on - they left rates alone.  Leaving them near ZERO AGAIN.
 

 

The FEDs job is to keep inflation down.  
 

The FED didn’t know that from 2020 thru 2022 the spending, the shutdown was going to lead to significant inflation.  
 

Too late Jerome started raising rates in response to inflation.  Once it was very real.  Which, again, they’re supposed to head off.  
 

They didn’t know the Flu and subsequent spending was going to lead to price hikes?? I guess they thought it really was Putin’s fault.  
 

Now the great soothsayer is telling us we can’t cut rates bc tariffs will lead to inflation.  
 

But he didn’t know what was coming post Covid.  
 

Suddenly Too Late Jerome is going to be proactive (ridiculously so) by leaving rates alone.  
 

 

Powell is a political hack.  Continuing to trust him is asinine.  As is his job performance.   
 

Gen Z surely does appreciate the fine work they’ve done.   
 

 

Edited by Big Blitz
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Posted
45 minutes ago, Roundybout said:


I trust Powell more than any human being in the Trump administration. He’s the only one who knows what he’s doing. 

 

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Posted
3 hours ago, Big Blitz said:

 

Too late Jerome started raising rates in response to inflation.  Once it was very real.  Which, again, they’re supposed to head off.  
 

Suddenly Too Late Jerome is going to be proactive (ridiculously so) by leaving rates alone.  
 

 

Powell is a political hack.  Continuing to trust him is asinine.
 

 

While Powell is the Chairman of the Federal Reserve Board, the rates the Fed controls are the result of voting among the 12 members of the Open Market Committee.

 

Presidents argue with eh Fed all the time, but it is a vote, not a unilateral decision.

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