I cant belive my man thinks rasing intrest rates will do anything to combat wages going up due..... too...

  1. 1 million dead Americans due to rona( and counting)
  2. Rising class conscious due to how rona was handled
  3. 54 million boomer Americans are gonna be dead in less then a decade due to age
  4. Stagnate casino econmy predicated on cheap labor + imperialism × decaying gentocracy

Whats the plan Man? How you gonna fix this shit once it crashes, how many times is he gonna quatativly ease him self when inflation is rampant and not gonna respond to increassd intrest rates. Go Volcker suck on these these nuts

Go crazy tell me where you think the ecomy is going

  • Hmm [none/use name]
    ·
    2 years ago

    So Powell's trying to walk a tightrope using the tools the Federal Reserve has: he is trying to in effect discipline labor by using interest rates to loosen the job market, but he's hoping to do it without dipping the economy into a recession.

    He's established that he's very much aware of how there's risk in his strategy. He isn't making guarantees about avoiding a recession.