Fed Chair Jerome Powell warns the US national debt is growing "substantially" faster than the economy.
"It will not end well if we don't do something fairly soon."
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Replies (8)
how about another plandemic, Jerome? double digit inflation helped your friends extract our wealth, again. gonna do that again soon?
I wonder if he even follows tftc on nostr. ;)
stop it? no plan to stop it. "slow it down to make this next bend" but then full steam ahead. the wealth extraction will continue to chug along for a looong time. been here/done that
#historyrhymes
How about ending the Fed for starters?
The Fed created this mess with zero rates enabling massive deficit spending, and now Powell acts surprised. The debt-to-GDP trajectory was baked in when they chose infinite QE over letting markets clear naturally in 2008 and doubled down in 2020.

Had you guys heard this? News to me.
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How about the Fed doing something soon! Powell acts like the victim, when he is playing a huge part in the problem.
"Oh man, I hope other people do something about this!"
- Normies