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#JeromePowell

23 posts10 participants1 post today

In reality, America’s image in the eyes of the world has, per the Pew Research Center, declined during Trump’s presidency. The U.S. is being seen as an increasingly unserious and unstable country on the international stage.

Trump Rips Jerome Powell as Feud Shows No Sign of Cooling Down
newrepublic.com/post/197872/tr

The New Republic · Trump Rips Jerome Powell as Feud Shows No Sign of Cooling DownDonald Trump claims Powell is the one who turned the U.S. into a laughingstock.

" At this point Trump seems determined to emulate another autocrat, Turkey’s Recep Tayyip Erdoğan, who decided that he was an expert on monetary policy and forced his central bank to keep rates low despite rising inflation. The result, shown at the top of this post, was not just high but runaway inflation. In the end, Turkey was forced to raise interest rates to 50 percent..."
substack.com/home/post/p-16803
#FederalReserve #JeromePowell

Paul Krugman · Why You Should Fear a MAGAfied FedBy Paul Krugman