POWELL & THE FED

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8 Comments
Trapped in Portlandia
Trapped in Portlandia
May 16, 2021 10:37 pm

When a guy like Drunkenmiller says rich guys like him are getting richer because of the Fed but the poor people are the ones getting screwed, the people in charge at the Fed and government should listen. But they won’t because they are the smartest guys in the room, just like the captain and his crew on the bridge of the Titanic.

Neuday
Neuday
May 16, 2021 10:55 pm

Too many of the wealthy are not Americans. Too many of the “poor” are not Americans. If it takes a depression to rid ourselves of these parasites, if financial chemotherapy is what it takes for our nation to survive, it’s better than the alternative.

Auntie Kriest
Auntie Kriest
  Neuday
May 17, 2021 12:07 am

Auntie believes that the therapy could also be radiation or even another biological event. In any case the next one is the Big One whatever the method of delivery.

RiNS
RiNS
May 17, 2021 7:17 am

Full interview…

falconflight
falconflight
  Administrator
May 17, 2021 10:01 am

I never cease to be amazed at our history in the making.

i forget
i forget
May 17, 2021 4:10 pm

The flashbang that lights up the room after the i-got-mine-&-my-fookyou-money-too steps heroically out to warn of the military industrial complex, or that the marines are bagmen-hitters for mafioso corporations, orororoboros…swallows huge chunks of the body politic, every time. Hey! A goodcop! He’s on “our” side!

I saw a docu about some guy named Rockets Redglare in which he recounted something he saw in one of his jail, or prison stints. A young “fish” comes into the prison cell block, soon is gang raped. After the rapists are finished, another guy tries to comfort the torn up kid, gets aroused himself, rapes the kid, too. It’s like that.

Will it go round in circles? Read a bio of Lavoisier. A real deal scientist. But he also moonlit as a tax farmer. Robespierre & the mob made a plucked raspberry out of his head.

Crawfisher
Crawfisher
May 21, 2021 3:14 pm

Just a late opinion, after Drunkenmiller commented about the USA losing its reserve currency status in 15 years, many smart libertarians took notice. The fact an elite super rich guy who is on mainstream media spoke about losing reserve status shook a few folks up. I suspect that’s not a good sign. Stan said 15 years, maybe its 5 to 7 in reality. Question can it be however fast OPEC, China, and Russia quit using the USD?