Chairman Powell - You're Fired!

You could well have been on a bread line had it not been for Bernanke and Paulson. Your at least 90 years behind in your economics.

 

Your thinking is one dimensional, and wrong. There are many more arrows in the Fed-Treasury quiver than the Fed Funds rate. And Congress also has tools at its disposal to handle recessions. Your thinking is stuck pre-1971, and perhaps pre-1930s even. Calvin Coolidge and Herbert Hoover aren't still around, but you can always hang pictures of them in your office to gain inspiration from..

 

Many of us will probably be in a breadline because of Bernanke and Paulson. It's just a matter of time.

And, for the love of God, can you please write "you're" when you mean "you are"? For someone who professes to be so educated, you have horrid grammar. I must have mentioned this to you about a dozen times.

 

Did you, or did you not continuously bad mouth the Fed for taking the Funds rate to near zero using QE? I think we all have enough of your posts to answer that question.

 

I absolutely did. And I'm being consistent now in saying the Fed needs to raise and continue raising.

Not once have I said they needed to cut or that QE was the right path.

 

once again some of us here at ET lead the news... and I commend Powell and the Fed for listening to its critics and markets.

"So rather than be on this road to an event.. lets try something new. Neutral Fed in the markets.
No printing trillions. No Selling assets. No raising rates"



https://www.breitbart.com/economy/2...-fed-chair-says-central-bank-will-be-patient/


...
Friday’s panel appeared to be designed to reassure markets. Powell had remarks written down on a piece of paper despite the informality of the panel setting. That seemed to indicate that he had chosen his words carefully.

“As always, there is no preset path for policy,” Powell said. “And particularly with muted inflation readings that we’ve seen coming in, we will be patient as we watch to see how the economy evolves.”

Powell also said that the Fed could be flexible on its balance sheet reduction, the unwind of the enormous pile of bonds that it accumulated through its quantitative easing program. Last month, he had desribed the balance sheet reduction as being on “auto pilot.”

 

How much $ did you make with your call? Or is it just another ego boost for your social media persona?

 

Breitard is leading the news now? And I'm supposed to believe you have a graduate degree?

 

When did you first realize Destriero was your dad?

 

You must have gotten a flat tire on your uhaul and ended up in parts unknown. Maybe that chick with a dick your dating can fix it for you.