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Statement from Jerome Powell

federalreserve.gov

141–150 of 871 posts

Re: Statement from Jerome Powell

#141

[flagged]

[deleted] https://finance.yahoo.com/news/fed-renovation-budget-balloon... https://www.federalreserve.gov/faqs/building-project-faqs.ht...

The point is better (and stands on its own) without treading into personal attacks. Don't let a throwaway account bait you into turning it into a battle of name calling instead of sticking to readily available facts as you link at the end, it's what they often want and if they were sincere it severely diminishes the chances they'll believe your links were in good faith anyways.

Re: Statement from Jerome Powell

#143
post #42

Earlier quoted context omitted.

I don't think it's that deep or that Trump is even thinking ahead. He just wants the rates to be lower.

Exactly. He thinks he knows better than the experts. He thinks lower interest rates are good and people saying they should be higher are just trying to make him look bad. Nothing he does is a clever gambit.

> He thinks he knows better than the experts

It’s a kleptocracy. He doesn’t care. He just wants cheap money from the Fed as patronage.

Re: Statement from Jerome Powell

#145
post #54

So I'm sitting here as a Canadian wondering what the American people are going to do? I understand a lot of what the President of The United States says - I even agree with some of it, the problem is I don't feel like we're engaging with the American people anymore. I really wonder where you guys are headed and what it means for the rest of us, I spent 15 years in the states, built a public company there, I really li…

There's basically nothing the American people can do short term.

The US government is entirely non-responsive and only nominally representative.

Barring a wave of Republican retirements in the House, the absolute soonest there are any guardrails are after the 2026 midterms when a new congress is seated in 2027.

Re: Statement from Jerome Powell

#146
If you are a complete normie, turn back now, it's gonna get conspiratorial. Otherwise, read on for some insights.

First, one must understand that the Federal Reserve was the main trojan horse vehicle for the European banking families into America. Read any number of good books, starting with the latest edition of G. Edward Griffins "The Creature from Jekyll Island".

But all that is mostly known already to those who have payed attention and done the reading... so whats next?

My conclusion is that America is being setup, in multiple ways (fall guy for global empire, etc), but one major setup that is going on right now is a twofer: 1) Jack up the US economy at any time by raising rates and unraveling the ponzi scheme and 2) If you do 1), you have the perfect excuse to try to implement some CBDC-esque new system, but this time with much more surveillance tech, for example unified ledgers that merge digital identity with financial identity, with ESG and social credit style added on. Read Whitney Webb for more on the structures being put in place for this.

So what is happening is that Trump knows the people that control the Fed, for whom the Fed chair is a mere mouthpiece, really want to suddenly and unexpectedly hike rates and soon, but Trump doesn't want it to happen under his last term, so he has been doing major backroom maneuvering to influence the Fed every time a rate-change date is coming up. Essentially he wants to kick the can to the next POTUS, but since the Fed is technically independent, it really can do whatever it wants, all he can do is fire after the fact. My guess is they will drop it on him late term, a perfect excuse to usher in the political pendulum swing of the hegelian game they play with us.

To me, that this backroom maneuvering is becoming more public tells me they really want to do the sudden rate hike.

Want a decent intro to the real fed? Try this video from the great James Corbett: https://www.youtube.com/watch?v=5IJeemTQ7Vk

Re: Statement from Jerome Powell

#148

Earlier quoted context omitted.

I implore you to stop being credulous before it's too late. Trump supporters deeply believe, and are not shy about saying, that anyone who stops Trump from achieving his political goals should be imprisoned or murdered.

Holy shit. If you believe even a small minority actually want that, please unplug and talk to real people in meat space.

Fox News, a major American media company, had one of their main personalities say that homeless people should just be killed by lethal injection on air. The desire for killing for random reasons is so mainstream to them that their media is comfortable stating out loud people they don't want/are undesirable should just be killed. Their media organs are workshopping/normalizing killing undesirables.

https://www.youtube.com/watch?v=phYOrM3SNV8

Re: Statement from Jerome Powell

#149

Earlier quoted context omitted.

I implore you to stop being credulous before it's too late. Trump supporters deeply believe, and are not shy about saying, that anyone who stops Trump from achieving his political goals should be imprisoned or murdered.

Holy shit. If you believe even a small minority actually want that, please unplug and talk to real people in meat space.

I know many. They’re good people. But they’re willing to be indifferent to violence if the perpetrators are not on their team. Everyone does this to some degree, but their tendency to align on messaging is much higher than e.g. folks going at each other about their pet war.

Re: Statement from Jerome Powell

#150
post #63

Earlier quoted context omitted.

I don’t think “exciting” is the right word.

Where's your sense of adventure?

"And did you find adventure?"

"No. Neither does anyone else. Adventures happen to other people. When it happens to you, it just looks like trouble."

- The Ballad Of Sir Dinadan, by Gerald Morris, quoted from memory

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