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The Fed Actually Reveals the Way its Own Delusional Thinking Works, and Why That Assures a Worse Crash!
I just came across an internal Fed staff document that shows what a mess their minds are. When you see how seriously they are misunderstanding this economy and the causes of inflation and how they are going to fight that inflation like Don Quixote jousting at windmills, you’ll realize there is no way they find […]
MN Gordon: Facing Down a Wrath of Biblical Proportions
“The LORD sends poverty and wealth; he humbles and he exalts.â€â€“ 1 Samuel 2:7 An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.†You may have seen it.…
Ouch! Hot Inflation Melts Pilot Powell’s Feet to the Pedals
Better strap on your parachute and exit the plane ahead of landing because there is no getting out of a crash landing now that inflation is burning the landing gear off the bottom of the Fed’s plane. Captain “Bring-her-home Jerome” Powell was already trying to land his Federal Airlines 747 at the steepest angle of […]
The Fed is Still Spiking the Inflation Punch Bowl, but the Party is in Recess Anyway
Sizzling inflation is not going away as drunken market revelers are hoping. This party bore, in fact, will be long outstaying her welcome. While the Fed once said it wanted some hot inflation on the scene, she arrived a lot hotter and has stayed a lot longer than Father Fed expected — now kind of […]
Lying, Deadbeat Fed Fathers Starving Children but Feeds His Fat Favorites
When asked by the press if the Fed was concerned about how it has increased wealth disparity in the US with its policies, Papa Powell kept clearing his throat and parading his lamest thoughts. “Inequality is not related to monetary policy,” he claimed in the Fed’s defense. Powell did not answer the question directly but […]
Papa Powell Sees “Tremendous Human and Economic Hardship” (No V-Shaped Recovery)
Jerome Powell burst the stock market bubble by publicly acknowledging there will not likely be a “V”-shaped economic recovery. He indicated that it will take years for the economy to return to the recent levels … we experienced just a mere four months ago. —Seeking Alpha
Powell Put Sends Stocks Soaring, Recession Must be Near
Federal Reserve Chair Jerome Powell placed his put in stocks while saying there is none. When he doubled down today on a more dovish approach to the economy, Powell claimed the Fed is not designing interest rates to keep the market climbing. If that is true, recession must be near: Fed delivers a “double-barrel dovish […]
The Great Recovery Rewind: How the Federal Reserve’s Balance-Sheet Unwind is Unwinding Recovery
We are in the end time of an unprecedented era of financial expansion — the greatest expansion of the world’s money supply ever attempted, expansion of the Federal Reserve’s vast and unchecked powers far beyond what the Fed could do before the financial crisis, and super-sizing expansion of banks that were already way too big […]
