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"The Fed often claims it has responsibility for stable prices, but nobody got fired after we had the worst inflation in 40 years. I think it's healthy to challenge some of the powers that have been accumulated by the Federal Reserve," says Judy Shelton on calls to #EndTheFed.

142,942 просмотров • 1 год назад •via X (Twitter)

Комментарии: 10

Фото профиля Independent Institute
Independent Institute1 год назад

"So I think that, what has importance in discussions at the Federal Reserve, is the responsibility to remember that the money has to work for everyone—and that, in a sense, it is a moral contract between the government and the citizens." @judyshel in Good as Gold: How to Unleash the Power of Sound Money. 💰📚 Order your copy today ⬇️

Фото профиля Harold71
Harold711 год назад

@judyshel Have deplorables really forgotten the cause of the great recession? I mean, a global pandemic is a black swan event. The feds did a fantastic job! They should get medals for the quick turn around!

Фото профиля Andrea E
Andrea E1 год назад

@judyshel @judyshel talks about the Fed the way others talk about big banks. Why shouldn't it be subjected to the same limits and scrutiny as other large financial institutions?

Фото профиля DarbyB
DarbyB1 год назад

@judyshel Great job, Judy! We need more of you in this cabinet @realDonaldTrump

Фото профиля Scott 𝕏 
Scott 𝕏 1 год назад

@judyshel Why would anyone get fired for a global pandemic that lead to a supply chain crisis? 🤔

Фото профиля JO 🏴‍☠️
JO 🏴‍☠️1 год назад

@judyshel Don’t forget their insider trading scandal

Фото профиля Truthy Truth
Truthy Truth1 год назад

The Federal Reserve claims to be free from politics, but Jerome Powell and his liberal colleagues purposely said inflation was transitory so that Biden’s spending bills appeared artificially lower (they quote an amount that includes the cost of interest payments). Then they perform the biggest cut since the Great Recession to juice the economy during the election, all while claiming the economy is great. If you’re going to be political, then you’re not free from political ramifications.

Фото профиля Deborah Walker🏝☮️
Deborah Walker🏝☮️1 год назад

@judyshel Here we go the right wing taking over the fed. Let’s give everything to the king and his puppet masters

Фото профиля Boyd Wright
Boyd Wright1 год назад

@judyshel Great closing point that Judy made, Trump WAS right. Keep these great debates going.

Фото профиля Dimwit Patrol
Dimwit Patrol1 год назад

@judyshel As usual Joe takes 1 minute 37 seconds to ask the question that always has his preferred response imbedded in it. Send this windbag to FOX biz please.

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The Wilder's moving average and Bollinger band moving average are about to cross on Treasuries held by the Federal Reserve. This happened approximately 3 weeks before the market topped in 2020. Kevin Warsh begins his term as Fed Chair on May 16th. He's been an outspoken critic of the Federal Reserve's printing and easy money policies. He been continually talking about reducing the balance sheet & being "deadly focused" on stable prices. He plans to eliminate the dual mandate of full employment, outlined in Project 2025. "The story I hear is inflation is not the central bank's fault, it's Putin & the pandemic. Nonsense." Whatever is about to happen, it's becoming increasingly clear Jerome Powell plans to let Kevin Warsh hold the bag... but maybe that was the plan this entire time. Back in 1929, when the markets first crashed after a dramatic final run, the Federal Reserve did nothing to save it. The Federal Reserve justified this inaction over "inflation fears", and instead of expanding the money supply they actively began to shrink it. This is the same language Warsh is using, fear over inflation. The market briefly recovered for 6 months into 1930, but as the market went up the Federal Reserve began reducing the money supply (Dollars), which caused markets to roll over again and fall for 2 years. By 1932, they had shrunk the total Dollar supply by 30% to implement the new system, the Banking Act of 1933. I believe this is what Scott Bessent & Kevin Warsh are about to do to the global Dollar supply.

Financelot

307,129 просмотров • 4 месяцев назад