Jerome Powell: How would you rate? Fed reserve thread
I think hes done a standup job thus far, i like how he didn't cave into trump really lowering the rates yet, I think it
Trumps charges were all bullshit though and eventually will all be overturned. He denied them all too unlike this Fed Governor.
Fabricated? Seems highly unlikely
Retalitory? Probably
Nonsense? It is a felony
Bottom line? No denial and it is a felony by someone in a position of high trust. If she didn't do it she should say so but hasn't.
Trumps charges were all bullshit though and eventually will all be overturned. He denied them all too unlike this Fed Governor.
If its not completely obvious this is some elite levels of mental gymnastics and displays a distinct lack of character
Either it matters or it doesn't. You don't get to pick and choose what matters and what doesn't
Trumps charges were all bullshit though and eventually will all be overturned. He denied them all too unlike this Fed Governor.
The facts that trump inflated his properties never been in doubt or dismiss shrug
One example :
https://www.theguardian.com/us-news/2023...
For example, Trump in 2015 said that his triplex apartment in Trump Tower was worth $327m, reporting that the property was 30,000 sq ft. The attorney general called this claim “absurd” given that the apartment was actually under 11,000 sq ft and that, at that point, “only one apartment in New York City ever sold for even $100m”.
But if that doesn’t t mean anything I got a property to sell you at a discount .
It’s 35000 square feet , you interested ?
I can sell it to you at 50% cheaper (since it’s 18000 square feet) you got a great price !
Ps: trump never admitted he was wrong or at fault once in his life , even maintain to this day he won the 2020 election .
taking trump words as a proof that it means anything valid is pretty funny imo .
Ha the good old time at the fed .
Lets not forget Biden had two fed board members resign late 2021 for some BS investigation when Nancy Pelosi was running a huge insider trading hedge fund basically with her husband with immunity,
To all those saying Powell is doing a good job he was dead wrong on inflation in 2021 up till the moment he finally got re-nominated november 2021 for another term, he then could finally stop saying transitory inflation
Guy played politics over country to get his job secured acting super dovish all of 2021 when it was dead obvious to the kids in the back of the room with all the fiscal money printing going on.
one thing you can say is that, perhaso if we are 100% known rates are going to be cut.
isn't it smart to havea soft ladnign and at least start the cuts now, so lets say we cutit by .25 sothat by Q1 instead of cut being drastic like 1% we can cut it by .5 instead
how many times will rates get cut next (12 months) year? O/U 2?
