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By Alan Mosley

The Fed is cutting its discount rate again, but Americans will be disappointed with the results, as the Fed’s latest action only contributes to the boom-and-bust cycle.

But will it get the DOJ off Jerome Powell's back?

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It would be fun to have the Fed running from behind bars.

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That seems like a good tv show setup

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74 sats \ 3 replies \ @winteryeti 13 Jan -100 sats

True, instead it lets people who have no intention of paying things back borrow gobs of money even cheaper and then declare bankruptcy when no one will finally lend to them...