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i sincerely hope these asinine morons try fucking with the fed
Trump bullied that hack Powell into keeping rates near 0% for way past any reasonable timeframe. Corporations got nearly free debt for 14 years. THAT’S why we ended up with 40 year inflation. And that’s using their bs metrics which they also changed to not capture the preceding two years, only one.
And then Powell and Yellen went around talking out of their asses that inflation was transitory, while Americans starved and/or couldn’t heat their houses.
And President Biden had the opportunity to throw Powell out on his ear, and instead let that bum keep his job! It was debacle after debacle after debacle.