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Decades passed, but Congress still couldn’t achieve what PM Modi pulled off in years. 𝐒𝐚𝐦𝐞 𝐈𝐧𝐝𝐢𝐚. 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭. 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐫𝐞𝐬𝐮𝐥𝐭𝐬. 🇮🇳

177,296 просмотров • 16 дней назад •via X (Twitter)

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Jerome Powell might go down as one of the most hated Fed Chairs ever And ironically, one of the most successful Trump’s spent years harassing him with names like “moron” & “TOTAL LOSER” At the same time, the left blamed him for “crushing workers” with rate hikes Both sides roasted him nonstop But let’s look at the actual scoreboard: > Inflation peaked at 9.1% > Fell back near the Fed’s 2% target > Unemployment stayed historically low > No major recession > No financial crisis > Economy kept growing Most economists in 2022–2023 thought a hard landing was inevitable Instead Powell pulled off one of the rarest outcomes in macro: A soft landing People also forget the context: > COVID shutdowns > supply chain chaos > massive fiscal stimulus > war-driven commodity shocks > banking stress > tariff pressure Then Powell delivered the fastest hiking cycle in 40 years without breaking the system Was he perfect? No The “transitory inflation” call aged badly and hikes probably came later than they should have But outcomes matter And the outcome was far better than almost anyone expected That’s probably why the internet turned him into a meme AI songs Techno edits K-pop fan cams “Jerome Powell saves America” videos One of the weirdest arcs in modern finance The guy both political sides hated may have quietly pulled off one of the best Fed performances in decades Wish you would have cut rates a bit earlier but can't knock his game And a fun fact is, he hasn't retired He's still on the Fed's board of governors Just no longer is the Fed chair

eye zen hour 🥶

18,609 просмотров • 4 месяцев назад