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Jerome Powell has shown that he doesn't have the skill to be fed chair. Why would you drop rates prior to pandemic when the economy was doing well? Why were
by adrr 4y ago
Jerome Powell has shown that he doesn't have the skill to be fed chair. Why would you drop rates prior to pandemic when the economy was doing well? Why were they overly aggressive when the pandemic hit? Take calculated actions and measure results. Some actions I don't even get like buying junk bond etfs.
- bigtex88 4y agoI forgot that Jerome Powell was a clairvoyant who knew that the pandemic was coming. /s What sort of dumb comment is this?
- adrr 4y agoIncreasing the available cash during boom times leads to inflation risk when you need to inject more cash into the economy during a downtime. While pandemic wasn't predictable and downturns do happen and should have been planned for.
- deleted 4y ago[deleted]
- i_love_cookies 4y ago[dead]
- BigCryo 4y agoCovid was deliberately hyped in order to increase monetary easing.. Wall Street controls everyone