2 ms·

It sounds like a recipe for the double whammy of recession plus inflation.

• inverted_flag 2y ago
  Powell’s term ends a year from now and then Trump gets to appoint his successor. We’re going to get hyperinflation.
  • elphinstone 2y ago
    He was appointed by Trump in 2017.
    • inverted_flag 2y ago
      This is a very different term from 2017.
    • sollewitt 2y ago
      He was effectively appointed by Steven Mnuchin in 2017: https://www.cnbc.com/amp/2018/11/23/trump-is-reportedly-dissatisfied-with-mnuchin-blaming-him-for-appointment-of-fed-chairman-powell.html https://www.cnbc.com/amp/2018/11/23/trump-is-reportedly-diss... This go round Trump is liable to appoint someone from Fox Business.