U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old Yesterday, 08:48 PM
 
7,570 posts, read 2,311,672 times
Reputation: 6804

Advertisements

A nice profile, even if not headline news.


How Jay Powell Is Positioning the Fed in a Fraught Era
By Jeanna Smialek

He's an avid cyclist who eats well (Greek yogurt with granola and blueberries for breakfast), wakes up early (5:15 a.m.), and unwinds with spy novels (John le Carr is one favorite). He has been known to fret over the national debt. Everything about him, from the simple language he uses at news conferences to his demeanor on Capitol Hill, conveys that he is relatable, ordinary and decidedly undramatic.Yet he plays a leading role in the soap opera that is President Trump's Washington.

https://www.nytimes.com/2020/01/28/b...ay-powell.html

https://www.f3nws.com/news/ordinary-...ra-4ca2b465cbe
Reply With Quote Quick reply to this message

 
Old Yesterday, 11:38 PM
 
Location: SoCal
15,948 posts, read 7,582,275 times
Reputation: 13085
Maybe this thread should be moved to the Politics section.
Reply With Quote Quick reply to this message
 
Old Today, 05:19 PM
 
2,050 posts, read 519,861 times
Reputation: 3143
The only interests Powell is looking to protect are the interests of central banks - meaning more debt creation. That is all they know and how they gain more control. More balance sheet expansion means the already over-leveraged system relies even more on CBs to keep it all propped up. Fed chairs are either completely clueless or puppeteers trying to trap the lemmings into a corner for their (CB institutional) own power and control.

Examples:

Bernanke in 2007-2008 - Subprime is nothing to worry about and the housing market is completely fine.

Yellen recently - No more economic calamities in our lifetimes.

Powell will prove to be the same and I expect to be able to add some of his "gems" to this list soon.....
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top