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lostincalifornia

(4,279 posts)
7. I don't think it is because he is afraid of getting removed. The only thing Powell said we need to review interest
Fri Aug 22, 2025, 11:13 AM
Aug 22

rates in an environment of rising inflation and rising unemployment, and that puts us in a very difficult situation.

The reality is that any decrease in interest rates will be in short term rates, which won't necessary impact long term rates in an environment of inflation.

Powell knows he will be out when his term expires.

With the tariffs, unemployment, inflation, and the irrationality of the sociopath in the WH, I think we are headed for some major economic problems.

While the media and this administration are bragging about the "revenue" the tariffs are bringing in, what very few people in the media and else where are reporting is that those tariffs are being paid for by the consumer.

The stupidity of the American public, never fails to disappoint me.






Recommendations

5 members have recommended this reply (displayed in chronological order):

Of course a rate cut will be at least a temporary boon for the markets, D. Spaulding Aug 22 #1
What comments? BoRaGard Aug 22 #2
here ya go TheProle Aug 22 #3
Thanks.....I should have posted this. a kennedy Aug 22 #11
Powell is caving to trump's demands Fullduplexxx Aug 22 #5
This message was self-deleted by its author Fullduplexxx Aug 22 #4
Krasnov wants rates lowered to 1% gab13by13 Aug 22 #6
I think it's to boost his $100m investment in bonds. ananda Aug 22 #20
I don't think it is because he is afraid of getting removed. The only thing Powell said we need to review interest lostincalifornia Aug 22 #7
Only the fools on Wall Street edhopper Aug 22 #10
They are not fools, they are manipulators IMHO. lostincalifornia Aug 22 #14
Or both edhopper Aug 22 #18
Speaking Of That... ProfessorGAC Aug 22 #15
exactly edhopper Aug 22 #19
We're gonna miss Powell, but it is probably time -- as he indicates -- to cut short-term rates. That's not caving to Silent Type Aug 22 #8
This won't help the Economy edhopper Aug 22 #9
Sound and fury signifying nothing. Scruffy1 Aug 22 #12
Ding ding ding. Correct answer yourout Aug 22 #13
Maybe Powell got the top secret medical report. usonian Aug 22 #16
Then that begs the question, what does will Peter Theil tell JD madinmaryland Aug 22 #21
Good question. It's all planned, and has been for some time. Details below (not even at 11) usonian Aug 22 #22
Humpty Dumpty sat on the wall...... Lovie777 Aug 22 #17
Making up for the losses through the week. Emile Aug 22 #23
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