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    Netherlands Avalon Member ExomatrixTV's Avatar
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    Exclamation Body Language: Fed Rate Cut Jerome Powell

    Body Language: Fed Rate Cut Jerome Powell



    [Nonna quote]: "The manís got good reason to be so stressed. He looks to me like the perfect embodiment of everything thatís wrong with the Federal Reserve in the first place. Trump is far from pleased with this guy and lets it be known on a continuing basis. So, yes, the man has every reason to be stressed to the max now. Itís a good time to finally END THE FED!!! once and for all". [unquote].

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    Last edited by ExomatrixTV; 31st October 2019 at 19:38.
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    Exclamation Re: Body Language: Fed Rate Cut Jerome Powell

    Donald Trump says the Fed has 'gone crazy'

    Trump says the Federal Reserve is Ďout of controlí

    Trump should tell Congress to end the Fed: Kennedy


    Last edited by ExomatrixTV; 31st October 2019 at 19:48.
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    Exclamation Re: Body Language: Fed Rate Cut Jerome Powell

    End the Fed | Ron Paul


    Rand Paul's 'Audit the Fed' bill may have friend in Trump


    End the Fed
    Last edited by ExomatrixTV; 31st October 2019 at 19:58.
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    Thumbs up Re: Body Language: Fed Rate Cut Jerome Powell

    Alex Jones, End the Fed/Occupy the Fed, Dallas, TX



    Last edited by ExomatrixTV; 31st October 2019 at 19:47.
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    Default Re: Body Language: Fed Rate Cut Jerome Powell

    Quote Posted by ExomatrixTV (here)
    Body Language: Fed Rate Cut Jerome Powell



    [Nonna quote]: "The manís got good reason to be so stressed. He looks to me like the perfect embodiment of everything thatís wrong with the Federal Reserve in the first place. Trump is far from pleased with this guy and lets it be known on a continuing basis. So, yes, the man has every reason to be stressed to the max now. Itís a good time to finally END THE FED!!! once and for all". [unquote].

    Source


    As Jim Rickards pointed out, Powell was raising rates to normalize them, so in the next recession, he'd have room to lower them. Unfortunately, he didn't get to normal before he had to start lowering them again. I guess he realized it's better to prevent a recession than to cure one. As to Trump, well even though I support him, I have to admit he's a little on the dumb side. Powell has forgotten more than Trump will ever know about economics.

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