47 sats \ 4 replies \ @Rothbardian_fanatic 7 Nov \ on: FED Cautiously Lowers Rates Amid Easing Inflation and Labor Market Conditions econ
Did anyone think the FED was not a political organization?
This nicely helps the incoming administration when Powell is looking to get reappointed.
I would love to see the FED get the Ron & Rand Paul treatment that they have earned themselves.
They are owned and work strictly for the banksters and nobody else.
reply
Yes, indeed, very crazy, but they do it.
This is a great demonstration of the difference between the political means and the economic means.
Powell and his masters, the banksters, are doing this through the political means to rip everybody off.
Letting all of the people set the interest rate by supply of savings versus demand of loans would arrive at a natural market clearing rate of interest.
reply
reply
They are indoctrinated, trained monkeys out of the current “high level” university systems. They have no idea what the meaning of “neutral interest rate” really means.
I discount everything they say.
Of course, I also have a personal reason for this!! I lost a lot of money one time because that f*cker, Greenspan, changed interest rates suddenly, thus causing margins to change, thus not being able to meet margin calls, thus having to liquidate at a huge loss.
reply