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1/4 We will look back on current #Fed policies much as we look back on medieval medical practices such as bloodletting. ("What were they thinking??")
The "progressive" age of the 21st century and those who worship it will soon scurry to disassociate themselves from it.
The "progressive" age of the 21st century and those who worship it will soon scurry to disassociate themselves from it.
2/4 People are getting poorer and blaming the wrong source.
It is the actions of the Fed fueling Wall Street. Why were no financial criminals charged in the financial crisis by AG
Eric Holder?
Because they fund campaigns!
It is the actions of the Fed fueling Wall Street. Why were no financial criminals charged in the financial crisis by AG
Eric Holder?
Because they fund campaigns!
3/4 Why is current Fed picking winners in the corporate bond market?
Where is Congress? We elect them. They represent us. They owe us explanations apart from what we normally hear.
"Chairman Powell, thank you for being here. So kind of you."
Where is Congress? We elect them. They represent us. They owe us explanations apart from what we normally hear.
"Chairman Powell, thank you for being here. So kind of you."
4/4 "Chairman Powell, what pray tell, were you thinking when you elected to engage in "not QE" in 2019 and then had no bullets for the pandemic and then decided to double the size of your balance sheet and then decided to pick winners and buy corporate bonds of loser companies.."
