Jerome Powell Is Reportedly Considering Resigning As Fed Chair

Do you?

 

All signs point to ‘yes.’

 

You’re all over the map here. Powell should be fired because he is too slow to lower interest rates or raise interest rates Or keep them where they are or what?

Otherwise (weirdly ) I kind of agree with you on the dual mandate. Price stability is the primary goal. Employment is a secondary consideration. At least in theory creating money doesn’t create long term jobs.

 

What is it that is causing you to make false claims. I said he has been a poor governor. I didn’t say he should be fired. Big difference.

 

If he were good, he would have ...... uh, not done anything differently. But Donald Trump would have said good things about him.

Donald Trump is a monetary policy expert!

 

Compare his actions against his counterparts in Europe. How did US inflation compare with European inflation?

 

This is a terrific post. But what is the Chairman and the entire Board supposed to do with the persistence of unpredictability when the President screams 50% tariffs … no 100% tariffs … no 30% tariffs … no NO tariffs … no back to 30% tariffs? Because one thing I HOPE we can all agree on is that with the tariffs comes across the board higher prices and thus inflation. It seems to me that there is undue and unjust finger-pointing on the Fed, when the real finger-pointing should be to the guy who keeps pushing Whiplash Economics.

 

So, we should embark upon tariff wars across the world? You think that’s going to either maximize jobs or maintain price stability? The Fed can’t just act in a vacuum, it needs to act based upon so many factors, including the administration’s published policies.

 

Hmmm. Fiscal stimulus while still locked down due to a global pandemic in 2021 versus ......

...... larger fiscal stimulus in 2025 by virtue of tax cuts for the rich. At a time when the economy is strong.

Which is more stupid? Which did you vote for?

 

Except:
"In a post on its website on Friday, the Fed addressed many of the questions in Mr. Vought’s letter, which specifically asked about the latest plans that Mr. Powell had relayed to lawmakers.

“There’s no V.I.P. dining room, there’s no new marble,” the chair said at the time. “There are no special elevators — there’s just, there are old elevators that have been there — there are no new water features, there’s no beehives and there’s no roof terrace gardens.”

 

Why do you repost liars?