Mr Haney debriefs Powell yesterday to identify the GOP dream scenario for 2024:
“To get inflation down to 2.2%, based on history, unemployment would have to go to 10.6%."
— Patrick Bet-David (@patrickbetdavid) March 8, 2023
Both Sen Kennedy & Jerome Powell could be right.
pic.twitter.com/yWIjQVTxHZ
Dementia Brandon telling Fed to “stay the course!”, while Pocahontas not so sure:
WATCH🚨: Federal Reserve Chair Jerome Powell: “We are taking the only measures we have to bring inflation down.”
— Officer Lew (@officer_Lew) March 7, 2023
Sen. Elizabeth Warren (D-MA): “And putting 2 million people out of work is just part of the cost, and they just have to bear it?” pic.twitter.com/ctJ1Nyv9eM
Trump will eventually add a severe policy rate reduction to his economic platform to reduce the financing costs of his economic recovery plan and reduce any unemployment but not until it would be too late for dumb Dems to possibly tell the Fed to reverse in response…
BAC pushing recession forecast back to 2Q 2024:
BANK OF AMERICA CEO: US INTEREST RATES TO BEGIN FALLING Q2 2024
— *Walter Bloomberg (@DeItaone) March 6, 2023
BANK OF AMERICA CEO: DONT THINK WE WILL SEE DEEP US RECESSION
So this money center bank planning for recession mere months before the 2024 election…
4 comments:
Unemployment is a figure of speech. Lets go Brandon!
What I don't understand, really, is the political motivation. Can "they" really be stupid enough to think that higher unemployment, or this process of jerking interest rates back and forth, will result in more votes for the powers that be?
Q. “Can ‘they’ really be stupid enough to think that higher unemployment will result in more votes for the powers that be?”
A. Votes don’t matter, since all important elections in Western nations are now rigged.
Vote fraud continues because few people dare to acknowledge it. Most people fantasize that if they somehow vote harder, things will get better.
“ What I don't understand, really, is the political motivation. ”
In 2022 the number one economic concern of voters was “inflation!”….
Right now “recovery” is number one but Biden people saying “stay the course”….
They causing small bank failures right now…
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