livingston
20×102mm Vulcan
The Fed chair is trying to manage the economic policy transition by reducing economic activity to match intentionally diminished energy supplies.
What does “some pain” mean? It means lower incomes, higher prices, lowered standards of living and more scarce resources. During this transition to owning nothing and being happy about it, the pain is your wealth being stripped as the economy is intentionally diminished.
theconservativetreehouse.com
Jerome Powell Says Fed Effort to Make U.S. Economy Smaller Will Create “Some Pain” for Americans During Biden Transition to Clean Energy
The agenda of the federal reserve was clearly outlined today in the remarks from Chairman Powell in Jackson Hole, Wyoming. The Fed chair is trying to manage the economic policy transition by reducing economic activity to match intentionally diminished energy supplies. Lowering economic activity drops demand for energy. Unfortunately, as admitted by Powell today, this means a period of “some pain” for Americans as the central banks join together in an effort to lower consumption. WATCH:Fed's Powell warns of 'some pain' ahead as central bank fights inflation
What does “some pain” mean? It means lower incomes, higher prices, lowered standards of living and more scarce resources. During this transition to owning nothing and being happy about it, the pain is your wealth being stripped as the economy is intentionally diminished.
Jerome Powell Says Fed Effort to Make U.S. Economy Smaller Will Create "Some Pain" for Americans During Biden Transition to Clean Energy - The Last Refuge
When Chairman Powell says things are really, really going to suck as monetary policy tries to support Biden’s goals to reduce energy supplies, will people believe him? The agenda of the federal reserve was clearly outlined today in the remarks from Chairman Powell in Jackson Hole, Wyoming. The...
theconservativetreehouse.com
