Regardless of how you feel about The Fed or Powell, what this man says today will be vitally important to those who buy anything, have savings AND moving CBDC forward. He might not say it (CBDC) but this is where it’s headed.
The old Rentier Economy.
You’ll own nothing; and be as happy as the less than 1%, that are renting to you?
Every is privately owned; bought by money, printed out-of-thin-air?
Starting now. Our monetary future at stake…
Stupid questions for Powell to answer and seems Powell hasn’t changed his mind.
If only there were more senior leaders as competent as Chairman Powell. I find him to be sharp impressive authentic and focused.
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Powell is very sharp (attorney, it figures). The interviewer was an idiot.