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Watching congress grill Powell, it doesn't look like the government is keen on doing anything except blame the fed. Early on I was hoping that Biden, seeing th
by Workaccount2 4y ago
Watching congress grill Powell, it doesn't look like the government is keen on doing anything except blame the fed.
Early on I was hoping that Biden, seeing the writing on the wall that he can't do a second term, would step up and be the fall guy for the "terrible policy" of cutting spending and raising taxes. Looks like that isn't going to happen though.
- mistrial9 4y agoJoe Biden and his people have historical roots with the same groups that participate in the economy of Argentina, modern Spain and a host of small other countries. The M.O. is to be the great protector, incapable of error.. meanwhile slick PR to gloss over, dismiss or ignore any and all problems, as long as the leadership remains intact. I believe the original authors of the Constitution of the USA would be familiar with much of this, from a command and control perspective. Elaborate insurance and futures markets were already several hundred years old at that time, right?