FOMC has not stopped QE

They added this week.

Screenshot 2022-06-17 152702.jpg
 
As of yesterday's report it is still on the regular cycle of 3 weeks higher, one week lower.

Once they do start I'll be curious what that cycle will look like, and of course how long it will last.
 
They added this week.

View attachment 287068

He is trying to stay true to his promise of not driving the economy to a recession despite all the rate hikes. Of course this maneuver just negates all the inflation-fighting measures. The best way to bring inflation down without going into a recession is to increase production and make everybody get off their a$$ and WORK and produce stuff!! That would require an implementation of policies over a large scale on an overall basis and that's not Powell's job and it's beyond Powell's competence or capability so this is the best Powell can do to compensate for Biden's incompetence.
 
He is trying to stay true to his promise of not driving the economy to a recession despite all the rate hikes. Of course this maneuver just negates all the inflation-fighting measures. The best way to bring inflation down without going into a recession is to increase production and make everybody get off their a$$ and WORK and produce stuff!! That would require an implementation of policies over a large scale on an overall basis and that's not Powell's job and it's beyond Powell's competence or capability so this is the best Powell can do to compensate for Biden's incompetence.

You are right that a full scale mobilization is needed. That needs a visionary leader, Biden can barely see.
 
Yet somehow we have very, very low unemployment. Maybe just maybe old folks, that were in low paying service jobs dealing with the public, said it ain't worth their health for the money. And immigration, legal or otherwise, has been curtailed. Who's left 4yr olds?

Meanwhile, where have you been, stuff is produced by China since about 1996.
 
Back
Top