Mindset of Chairman Powell

There will be a tipping point. There always is one.

 

You are in Texas. Doesn’t sound too bad.

$6.39 per gallon at the local Chevron here. Cost me over $150 to fill up my truck.

Don’t know much about rents around here. Probably can’t rent a dog house for $720/mo.

 

We need to revive Saint Reagan and Volcker.

 

Unfortunately it can go on.
Europe: full tank cost x2 Usa, rent sounds similar, salaries worse.

 

You're right! The Oilers lost to the Avalanche (again!), and what is the Central Bank doing about it ... absolutely nothing! It's criminal I tell you. Why doesn't Powell pump more oil, lower the cost of rent, bring down shipping costs and grow more wheat. What the hell is he waiting for.

 

Just last month....I was thinking....soon, it will costs the average American $200 to fill up their tank.
Now, that's just around the corner. Things are bad. Not many people can afford to spend $200 to fill up their tank often.