1. The Fed prints money and drives down interest rates. 2. Things become more expensive except for debt. 3. The state goes into debt to pay for the things the voters want for free. 4. Repeat for 50-100 years.
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Powell says rural poor need help with education, credit accessFed Chairman Jerome Powell said Tuesday the rural poor need more help with their education, credit Be carefulsaying that. Your boss Donny and the GOP love the uneducated. It’s basically their only supports, except the 1%.
Source: MarketWatch - 🏆 3. / 97 Read more »
Fed's Powell repeats that U.S. economy is in 'a good place'Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. economy remain... for the rich. Thanks, President Obama! You took us out of another GOP ditch and restored a durably strong economy. For who, exactly?
Source: Reuters - 🏆 2. / 97 Read more »
Jerome Corsi claims Roger Stone tried to give him a heart attack to prevent trial testimonyConservative political commentator and author Jerome Corsi is suing Donald Trump ally Stone for 'defamation, intentional infliction of emotional distress and assault,' claiming $25 million in damages. Power move. rats as they say, doing what rats do BOO!!
Source: Newsweek - 🏆 468. / 52 Read more »
Jerome Powell’s boon is Mario Draghi’s baneInflation in the U.S. and the euro zone is easing and looks set to subside further. That will help the Federal Reserve boss justify a pause in rate hikes, but is a headache for his European Central Bank peer who has yet to tighten monetary policy and has less room to manoeuvre.
Source: Breakingviews - 🏆 470. / 51 Read more »
Janet Yellen is concerned about Trump's public criticism of the Fed. She's not the only one.From tweetstorms to questions on whether Trump may fire chairman Jerome Powell, anger over rising interest rates has long been apparent in the Oval Office. The FED is another arm of the DNC. It has been used strategically to disrupt POTUS economic resurgence. AbolishFED $Aapl Apple CEO Tim Cook along with the FED stripped American retirement accounts of $10Trillion dollars in less than 3 months. FireCook SEC TradeWar FED Why should the Fed get a skip on public scrutiny? Even conservative econs question many of the Fed's recent actions. END THE FED all they do is print money out of thin air and put everyone in debt to foreclose on the planet with their other central banks! END THE FED like JFK tried to do!!!! imo
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a dovish Fed could put stock market on path for a ‘late 90s style meltup’One strategist sees echoes of the Fed’s 1998 reaction to economic turmoil in the central bank’s policy pivot. That could set the stage for a stock-market meltup that echoes the rally ahead of the bursting of the tech bubble, he says.
Source: MarketWatch - 🏆 3. / 97 Read more »
Fed's Powell reveals what he thinks is the biggest challenge over the next decadeSluggish productivity and a widening wealth gap are the biggest challenges facing the U.S. over the next decade, the central bank chief said Pitchforks in the street for you permabulls constant nasdaq bullish charlatans and fake market pumpers That's great, Powell warns of of a THIRD sluggish decade. Lying bastards, wealth transfer by design🖕
Source: CNBC - 🏆 12. / 72 Read more »
The fate of the market this year could be in the hands of the 'Powell Put'In a Fed connotation, a put would be a point at which Powell would not let the market fall below before he steps in with more stimulus. ...a Powell-ful statement... Shame federalreserve $Aaple Apple target of SEC probe insider trading, CEO Cook untimely warning, FED announcement. Short Interest, Media manipulation, China Trade wars, recession fears loom. Cook SEC China FED Cramer Corruption Powell AbolishFED
Source: CNBC - 🏆 12. / 72 Read more »
Mnuchin says Fed Chief Powell gave Trump an overview of the economy at White House dinnerTreasury Secretary Steven Mnuchin spoke to CNBC's 'Squawk Box' on Wednesday. Stupid D-bag question about GSE's. It's not just about Hedge Funds. It's about a lot of people that lost their livelihood. Quit with the fake narrative FakeNews Was it in picture book format? 👶 Sounds Iike something that could be summed up in a word or two.
Source: CNBC - 🏆 12. / 72 Read more »
Federal Reserve chair calls income inequality the biggest challenge in next 10 years“We want prosperity to be widely shared,” Powell said Wednesday. “We need policies to make that happen.” Step One: Stop giving rich people trillion dollar tax cuts. After Climate Change, you mean. Right? Huh? Income inequality has been ongoing for decades
Source: washingtonpost - 🏆 95. / 72 Read more »