Bernanke, Yellen and Powell in a menage e' troi at the top of the pyramid on the back of a one-dollar bill. E Pluribus Anus.
The Fed Is Finally Seeing The Magnitude Of The Mess It Created.
- Thread starter themickey
- Start date
Bernanke, Yellen and Powell in a menage e' troi at the top of the pyramid on the back of a one-dollar bill. E Pluribus Anus.
inflation as high as we have today is always something to worry about. It's like a contagion. Once it starts it's hard to stop without pain... It's the pain of the disease of continued inflation versus the pain of the side effects of the medicine used to cure the disease.> This will not happen anytime soon-
Then I guess Bidenflation is nothing to worry about
The Fed is always stupid, always wrong, always lying. They create mega bubbles, inflation, and the transfer of wealth to the richest 1%.
The Fed is drunk from the punch bowel they have been spiking. They think they can be the central planners of the economy - beyond delusional.
The Fed is drunk from the punch bowel they have been spiking. They think they can be the central planners of the economy - beyond delusional.
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Basically a bunch of nerdy closeted accountants wrapped in feather dusters who whilst grasping pen paper poring over numbers, have been given life's responsibility of running a country, which unlike their boardroom, actually contain eating, breathing, heaving humanity.
Engineers with life experiences should run a country, (not accountants and bankers) making final decisions.
What the Fed will never admit is they've lost control, pure and simple.
This is what happens when you allow 'accountants' to run a business.
US bank seeks buyer as confidence crisis spreads
Fri, 5 May 2023 at 4:14 am https://au.news.yahoo.com/us-bank-seeks-buyer-confidence-094707809.html
Investor confidence in US regional banks has been shaken
US bank shares have dropped sharply as a crisis of confidence in the country's banking sector continues.
Investors, reeling from the most serious string of banking failures to hit the US since 2008, are fleeing smaller lenders seen as at risk of falling next.
Shares in California-based PacWest plunged 50%, while Western Alliance also tumbled nearly 40%.
The US Treasury Department said it was monitoring developments "closely".
This is what happens when you allow 'accountants' to run a business.
US bank seeks buyer as confidence crisis spreads
Fri, 5 May 2023 at 4:14 am https://au.news.yahoo.com/us-bank-seeks-buyer-confidence-094707809.html
Investor confidence in US regional banks has been shaken
US bank shares have dropped sharply as a crisis of confidence in the country's banking sector continues.
Investors, reeling from the most serious string of banking failures to hit the US since 2008, are fleeing smaller lenders seen as at risk of falling next.
Shares in California-based PacWest plunged 50%, while Western Alliance also tumbled nearly 40%.
The US Treasury Department said it was monitoring developments "closely".
