The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27042
Likes: 34319


Yeah, that might make us feel better because he’s a symbol of


The miscalculation on inflation around the world.

But somebody would have to replace him, and that person would do the same things to combat inflation now. Powell’s not bucking the prescriptions of Fed governors, or other central banks.

Probably means the global impact of all these international rate increases will be more severe than necessary, if only we had a crystal ball telling us the exact moment to hit the brakes globally. No such crystal ball exists, unfortunately.

(In response to this post by WahooMatt05)

Posted: 09/26/2022 at 09:26AM



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Current Thread:
  Fed should be disbanded. ** -- ryno hoo 09/26/2022 10:45AM
  What are you referring to that belongs to JP Morgan? ** -- TomGlansAski 09/26/2022 12:00PM
  ...or even proper grammar? ** -- TomGlansAski 09/26/2022 12:50PM
  Yes. And they've done a bang up job of things. ** -- ryno hoo 09/26/2022 11:24AM
  Provide us your detailed assessment please -- BKhoo 09/26/2022 12:50PM
  This is not the 19th Century. ** -- Blah 09/26/2022 11:14AM
  So? ** -- HokieDan95 09/26/2022 11:25AM
  Cut off the oxygen ** -- Hoo TV 09/26/2022 11:06AM
  Raising taxes? ** -- tchoo 09/26/2022 11:40AM
  Buh Pooty Poot's price hikes?!?!? ** -- ResistHoo 09/26/2022 11:02AM
  The absurdity broken down in a 100 seconds long video -- WahooMatt05 09/26/2022 09:13AM

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