[flagged]
[deleted] https://finance.yahoo.com/news/fed-renovation-budget-balloon... https://www.federalreserve.gov/faqs/building-project-faqs.ht...
Statement from Jerome Powell
141–150 of 871 posts
Re: Statement from Jerome Powell
#142[flagged]
That's a conspiracy I've yet to hear.
Re: Statement from Jerome Powell
#143Earlier 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.
It’s a kleptocracy. He doesn’t care. He just wants cheap money from the Fed as patronage.
Re: Statement from Jerome Powell
#144Re: Statement from Jerome Powell
#145So 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…
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
#146First, 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
#147Re: Statement from Jerome Powell
#148Earlier 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.
Re: Statement from Jerome Powell
#149Earlier 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.
Re: Statement from Jerome Powell
#150Earlier quoted context omitted.
I don’t think “exciting” is the right word.
Where's your sense of 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