Tag Archives: jerome powell
Unsolicited Advice to Fed Chair Powell
Behind closed doors, President Trump and Fed Chair Jay Powell are in freak out mode. President Trump wants lower interest rates and artificial stimulus to fabricate GDP growth into the 2020 election year. His prospects for a second term in office depend on it. Fed Chair Powell knows the economy’s toast. Annualized GDP growth for the first quarter of 2019 was recently estimated at just 1.3 percent. But he cannot yet admit it. Specifically, he cannot cut rates just yet without triggering a market panic. Continue reading
The Zealous Pursuit of State Sponsored Wealth Destruction
The lifecycle of capital follows a wide-ranging succession. It is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. One generation may produce wealth. While the next generation burns through it. Various facets … Continue reading
Are the Voices in Fed President Kashkari’s Head Speaking Lies?
The government continues its approach towards full meltdown. The stock market does too. But when it comes down to it, these are mere distractions from the bigger breakdown that’s bearing down upon us. The average working stiff has little time … Continue reading
Honest Work for Dishonest Pay
Over the past decade, in the wake of the 2008-09 debt crisis, the impossible has happened. The sickness of too much debt has been seemingly cured with massive dosages of even more debt. This, no doubt, is evidence that there … Continue reading
