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Thread: The Fed lost control

  1. #91
    Join Date
    Jan 2010
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    Quote Originally Posted by oak333 View Post
    Senator Elizabeth Warren to Jerome Powell, the Chairman
    of the Federal Reserve:

    "You are a dangerous man. I will oppose your renomination."

    https://finance.yahoo.com/video/sen-...154642896.html

    Senator Elizabeth Warren was referring to Chair Jerome Powell for easing restrictions
    on the banks and making their balance sheets weaker.
    I love it when the goofy kettle correctly calls the pot black. Warren always seems to press a good argument and a good phrase - but I still would not give her a dime for a dance. (or a vote).
    Who are the righteous? ....Markpti

    What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?

    Those who cannot articulate the other argument do not fully understand their own argument.

    "Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
    by steady training of the individual - in conscience and character...." .......T. Roosevelt

  2. #92
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    Jan 2017
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    An interesting nominee for the job as top banking regulator:

    https://www.zerohedge.com/political/...ate-banks-shed

    She won the Lenin award and proposed the end of banking as we know it.

  3. #93
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    It looks like the central banks make errors.....and big.

    In Australia the government probes "the terrible track record"
    of the Australian central bank.

  4. #94
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    It looks like the Fed was penetrated by Chinese espionage.

    https://www.wsj.com/articles/china-t...p6pviyv7mkx24t

  5. #95
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    Jan 2017
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    Globalists warn the Fed against further rate hikes.

    It was the Capitol Hill and Wall Street. Now it is the United Nations.

    https://www.moneymetals.com/podcasts...e-hikes-002606

  6. #96
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    Jan 2017
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    The central bank of Australia is criticized for policy errors:

    https://finance.yahoo.com/news/austr...030715048.html

    It is placed under review by the government.

    https://ministers.treasury.gov.au/mi...w-reserve-bank

  7. #97
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    Jan 2017
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    Europe lashed out at the Fed, saying that central banks in Europe
    are forced to follow the Fed's multiple rates rises to prevent
    their currencies from slumping against the US $.

    Recession in Europe is going to be much worse than in USA.

    https://www.zerohedge.com/economics/...orld-recession

  8. #98

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    Did the Fed loose control? Or is incompetence just a cover story for what they are doing intentionally?
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  9. #99

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    https://tomluongo.me/2023/03/05/war-...no-eurodollar/
    Is the Fed actually pushing Europe around these days?
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  10. #100

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    A journey of a thousand miles must begin with a single step. -Lao Tzu

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