VIDEO James O'Keefe "Inside The Fed Reserve"

Plain Jane

Just Plain Jane
There is something about this guy that doesn't ring true. Yes. Powell raised rates by a hair in 2019 but it was after they had been zero bound for over 10 years. And it was Bernanke and Yellen that kept the rates so low. It was unheard of and the results have been awful for anyone who has to refinance now. As well as savers.

And Powell lowered the rates during COVID. Responsible economists understand full well that you cannot keep rates zero bound for over a decade without throwing everything out of wack.

Something about this guy just doesn't ring true.
 
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