Why would we expect a better job from people who have no disincentive to fail?
Where's the accountability for mistakes that impact the lives of millions?
60% now living paycheck to paycheck & soon they'll cost millions their jobs.https://t.co/dKUIESSH3n— Sven Henrich (@NorthmanTrader) October 4, 2022
If the general population had an educated clue of how much the Fed's mistakes have screwed them and will screw them further there'd be pitchforks in the streets.
It's not Fed independence it's Fed monolithic unaccountability.
It remains a monetary North Korea.— Sven Henrich (@NorthmanTrader) October 4, 2022
And Jay Powell who oversaw all these disasters gets a complete pass and even got reappointed & reconfirmed.
Unfathomable.https://t.co/SgED2mZuVF
— Sven Henrich (@NorthmanTrader) October 4, 2022