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Statement from Jerome Powell

federalreserve.gov

81–90 of 871 posts

Re: Statement from Jerome Powell

#81

Does anyone have a steelman argument for this?

As a casual follower of economic news and completely ignorant of politics, my guess is that the administration believes the fed isn't acting according to mandate of stability and jobs. I have no clue how valid that is

Re: Statement from Jerome Powell

#82

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.

They chanted “lock her up” en masse as a campaign slogan. The desire to imprison is quite evident.

Re: Statement from Jerome Powell

#84

Earlier quoted context omitted.

[flagged]

I always appreciate when people make comments like this. It helps identify the trolls or people so completely outside of reality you can mark them as untrustworthy and ignore whatever they say.

[flagged]

Re: Statement from Jerome Powell

#86
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…

America has enough power to help someone else. No one has the power to save America from itself.

The cavalry is not coming, and this fire is going to take its course.

One day, maybe we will rebuild from scratch.

Re: Statement from Jerome Powell

#87
The titanic amount of generational neglect that has allowed even a fraction of voters to look at Trump for more than a second and find him qualified for any public office is truly fantastic.

This is one of the clear examples that Trump is seeing Putin's Russia as a model for his vision for the USA.

Re: Statement from Jerome Powell

#88
post #42
post #19

Earlier quoted context omitted.

Is it just a cynical view that enough voters can be convinced it's the other side at fault? Someone who supports trump, please let me know the logic on this. Genuinely. I'm trying to read other places about these charges but they're just so slanted that they're not really trustworthy. Is there anything to this, or is it really just to pressure the federal reserve?

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.

Re: Statement from Jerome Powell

#89
Remember early in his first term when he tested waters but the governmental system pushed back and kept him in check? It feels like an out of body experience to look at this and contemplate how much he’s changed about how the U.S. government conducts itself.

Re: Statement from Jerome Powell

#90

Exciting two weeks to start the year!

You know this part of the problem! Politics is now consumed as entertainment, and ask any writer of books or screenplays and they will tell you _conflict_ makes for good entertainment. Politics should be _boring_. The fact that we demand to be entertained by our political system is a big part of the problem.

Far too many people decide to occupy the us vs. them part of their brain with National politics as opposed to sports.

Both are basically useless as it relates to your personal quality of life but at least with the latter you can see nice geometric combinations between players on a pitch and some incredible athleticism in between

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