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/biz/ - Business & Finance

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55095413 No.55095413 [Reply] [Original]

>be fed chair
>be spineless fucking pussy
>say inflation is transitory for a year
>inflation hits 10% before you stand up from urinating to finally hike rates above 0%
>3 months pass
>give speech where you pretend to be a man
>immediately slow the pace of interest rate increases the next month
>inflation predictably becomes embedded in the foundation of the economy
>market continues pricing in you being a gigantic fucking failure
>still refuse to do everyone a favor by killing yourself

>> No.55095586

Kek. He comes from the investment banking world. He doesnt actually have the education or background on economics studies. How the fk did they even let him become the fed chair

>> No.55095599

>>55095586
He’s literally a lawyer too

>> No.55095973
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55095973

>What did Jerome "Miracle on the Hudson" Powell mean by this?

>> No.55096973

>>55095973
It’s 2.86% now actually

>> No.55097080
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55097080

>>55095413
>Launches trillioncoin.xyz

>> No.55097100
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55097100

>>55095413
What we’re you expecting

>> No.55097209

>>55095413
Someone is mad. I promise you, in his position, you'd do much much worse.

>> No.55097654

>>55095413
he's going the maximum pain route
the rate hikes are exatly how (((they))) need them to be. Low enough to still fuck cash holders by inflation, high enough to fuck over crypto/gold/stock holders

you thought it would be as easy as just buying gold/crypto and print money? or as simple as holding cash and watch everything around you get cheaper?

>> No.55097694
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55097694

>>55095413
This is why TrillionCoin.xyz will blow on Pulse now

>> No.55097829

>>55097694
That reply isn't even thread related?

Get the fuck out bot.