Powell : seen here in this picture describing how much he understands this tweet.
What happens at Georgetown Prep stays at Georgetown Prep!
Everyone gets that we’re on the brink of a massive recession, right? The indicators have been building for awhile now, and the policies of the administration have hastened the speed with which it approaches, and the severity of its impact.
Wish you would always also report the U6 Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons (U6RATE). Much more informative, currently 7.4 % ( down from 17.1 in 2009)
Inflation has not yet sufficiently risen that it must be addressed by higher interest rates. However the Fed is clearly concerned about having rate cut ammunition for the next recession and that seems like the strongest motivator at this point.
We need immigrants! The boomers are retiring! Duh
5. You might want to discuss how extreme stupidity of Federal Reserve made Great Depression worse, helped cause many recessions, contributed to many foreclosure suicides.
4. choosing members of Federal Reserve and not a law passed by ignorant imbeciles.
3. Reuters - do you care about Constitution? I know Congress, President, and Supreme Court do not. Power to coin money and regulate value of money belongs to Congress. Amendment to Constitution would be needed for President to coin money and regulate value of money by
2. Bureau of Labor Statistics Inflation Calculator - our money has lost more than 50 percent of value - buying power - since Reagan became President Listening to imbeciles who run Federal Reserve often bad idea.
1. Reuters - how big is the underground economy of the USA? IMF - Hiding in the Shadows The Growth of the Underground Economy Bureau of Labor Statistics Inflation Calculator - money has lost more than 90 percent of value since Federal Reserve created
This is Powell showing how much of a fuck the administration gives about fiscal policy.
ROTFL! Talk about understatement....
Lordy, even the Fed can’t stop talking about the tiny mushroom