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> Zero consideration for what is actually causing it. You probably never listened to a Jerome Powell press conference. He spends so much time explaining what t
by credit_guy 3y ago
> Zero consideration for what is actually causing it.
You probably never listened to a Jerome Powell press conference. He spends so much time explaining what the causes of inflation are, and what the Fed can do about some of them.
> yet the execs get paid handsome money for this rubbish
What execs get paid handsome money? The Fed employees are government employees, their salary is public. Jerome Powell makes $200k/year [1]. The other Fed board members make less. Is that handsome money?
[1] https://markets.businessinsider.com/news/stocks/jerome-powell-salary-fed-chairman-fair-central-bank-chief-economy-2023-2 https://markets.businessinsider.com/news/stocks/jerome-powel...