I know Jay Powell and respect him.
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
@SeanCasten here's the pdf transcript of #JayPowell's #federalReserve speech
"This is about whether the Fed will be able to continue to set interest rates based on
evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation."https://www.federalreserve.gov/newsevents/speech/files/powell20260111a.pdf
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
@SeanCasten That he had to make a public statement is a crisis. Trump must be removed. He is insane. He's insane! Republicans are destroying the U.S.
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
@SeanCasten released on a Sunday! Insanity!
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
@SeanCasten I think we need Obama’s Anger Translator to help folks out with this one.
(Key and Peele sketch)
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
@SeanCasten Rep. Casten: Appreciate your posting this from Chairman Powell and always appreciate your perspective. The People have been far ahead of Congress in taking US Fascism seriously and protesting. Three innocent people were gunned down by goon squads this week and then gaslighted by the regime. We have a Fascist government right now, funded by Blue state taxpayers. It is past time for concrete actions by Dems to prevent illegal power grabs. Fed control = complete control of the economy
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
I'unno. I just hope people outside the USA are catching and saving everything like this as it comes, while they can. Not so much because I expect they care about a tribal war-nation of creepy bimbos, but so they can better autopsy and avoid later.
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
@SeanCasten Welp. Trump and his handlers haven't just been trying to overthrow the US federal government, they're also attempting to seize control of the entire global monetary system. Time will tell if Powell's bunch will stand by and watch their power be stripped away as well.
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@SeanCasten Welp. Trump and his handlers haven't just been trying to overthrow the US federal government, they're also attempting to seize control of the entire global monetary system. Time will tell if Powell's bunch will stand by and watch their power be stripped away as well.
The cabinet seems to be intent on destroying the dollar. Its position as the world’s reserve currency has long come under criticism. The US used to jealously guard dollar dominance. The rest of the world has grown to resent that dominance with each passing year.
The crypto crazy billionaires who dream of making an exit from the modern state use crypto as part of their exit. The collapsing is part of their ideological fantasy.
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@Su_G I know, right? Not saying this would be easy or even possible, but we need to start the de-Nazification program now. Blue states have cutoff red states economically-isolate them. How tf long would WV last? Or Montana? Rep Casten said here we should get rid of the Senate- I agree. Evacide just posted a very disturbing vid of ICE #Orcs threatening someone with an unholstered firearm in Minneapolis “Did you learn nothing from what just happened?” @SeanCasten we’re gonna be Rwanda soon here..
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I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
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