General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump should be careful what he wishes for with respect to Jerome Powell . . .
. . . Powell's leadership at the fed is possibly the one thing that has prevented the economy from tanking completely during both of Trump's terms!
bucolic_frolic
(54,098 posts)It's anybody's guess though on how much jaw-boning it would take to bend the Fed on interest rates.
gab13by13
(31,301 posts)Krasnov wants interest rates at zero for one reason, to tank the dollar. The billionaires want the dollar replaced by cyber currency.
Putting your 401k into cash isn't going to be safe with what these evil bastards have in mind.
AZJonnie
(2,855 posts)In the end, they want to accumulate ALL the world's money so they can enslave everyone to serve them. It's only the world's governments (esp. the liberal-minded ones) that stand in their way of achieving it, and the primary means by which they're able to thwart them at all (an ability that is being purposefully eroded as we can all see) is through their power of taxation and their role as the official creators of the nation's currency. Undermine the currencies, you undermine the governments, and (unregulated, rapacious) billionaires step in to fill the power vacuum.