If the Fed can't lift inflation, what does that say about its ability to ensure full employment? t.co/w71wRUdDT2
— Matthew B (@boes_) August 28, 2020
Jerome Powell announced the Fed has found the much awaited cure for deflation
Henceforth it will be able to produce inflation & growth
Pressed for details, he said "It's a secret" adding "but it does involve magic"
Japanese economists could be heard sighing… pic.twitter.com/QJgfKIoGZb
— Paul Gambles (@PaulGambles2) August 28, 2020
Note yesterday we saw further evidence of this.
*CAPITAL ONE LOWERS CARD LIMITS AMID U.S. IMPASSE ON JOBLESS AID
— Teddy Vallee (@TeddyVallee) August 28, 2020