Federal Reserve

[Charles West]

Directive of the Federal Reserve is to Maximize employment and Stabilize Prices.
Powell said he doesn't consider fiscal policies in his decision making.

Then he is a Keynesian and a modern monetarist. Keynesian theory holds that private-sector growth is inflationary, while government overspending is not. A 21.5% currency debasement in four years should put that hypothesis to bed for good.

 

[Fernando]

CoPilot said:
The U.S. dollar has weakened since President Trump imposed sweeping tariffs in 2025. Markets reacted negatively, with investors shifting into gold and other safe-haven currencies like the euro and yen.

 

[Bobby Bucks]

Searching for anything good in the federal reserve is like searching for something good in communism, it doesn’t exist. Audit the Fed, then end it.

 

[Charles West]

CoPilot said:
The U.S. dollar has weakened since President Trump imposed sweeping tariffs in 2025. Markets reacted negatively, with investors shifting into gold and other safe-haven currencies like the euro and yen.

They want a weak dollar right now because a weak dollar reduces imports and increases exports. And Central banks around the world have been buying gold since the pandemic ended as a hedge against inflation caused by their individual governments' overspending and accumulation of debt.

 

[Charles West]

Jerome caves, we get a big .25 cut today, whoopee.

 

[Vermonter]

https://twitter.com/x/status/1998213422962589867

 

[Charles West]

https://twitter.com/x/status/1998213422962589867

That's fairly embarrassing.

 

[Charles West]

Powell is speaking; the Nasdaq will plummet shortly.

 

[Vermonter]

He sounds a bit more optimistic than I expected

 

[Overimprovement]

That's fairly embarrassing.

What's embarrassing is he might be in better shape than me...