The Fed bought up $2.7 trillion in toxic waste mortgage backed securities to reinflate the housing bubble and take those bad loans off the books of its Wall Street bankster accomplices. Next up: Powell will let the banksters transfer their non-performing commercial real estate loans to the Fed.

by Simian_Stacker This level of blatant corruption and global usury is frankly biblical in how unprecedented it all is. FED'S WALLER: I HOPE THE FED NEVER GETS BACK INTO BUSINESS OF BUYING MBS. — FinancialJuice (@financialjuice) May 24, 2023 $247M …

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Powell on Bank Acquisitions

by Martin Armstrong After the FOMC decision, Jerome Powell stated during his Q&A that the Federal Reserve does not have a plan to consolidate banks. “I personally felt that having small, medium, and large were a great part of our …

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Powell Testimony – Prepared Remarks TLDR “Higher than expected interest rates”. 1 mention of disinflation

by danielhanchen https://www.federalreserve.gov/newsevents/testimony/powell20230307a.htm Main takeaways: Disinflationary trends have partially reversed in the recent months. PCE Core services ex housing shows no disinflation at all. Rents will show disinflation in the following months. Stronger than expected economic data most likely will …

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The Great Biden/Pelosi/Schumer Powell (4 Horsemen) Inflation Tax In One Chart (Personal Savings DOWN -64.8%, Consumer Credit UP, Real Weekly Earnings Growth NEGATIVE For 21 Straight Weeks)

by confoundedinterest17 I must admit, Joe Biden has a horribly misleading nickname “Middle Class Joe.” Between Biden’s horrible energy policies and Pelosi’s/Schumer’s spending binges, the US middle class and low wage workers have suffered mightely with the inflation tax. Throw …

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Economy Is at Mercy of Powell & Yellen

While Americans struggle to pay their bills amid soaring inflation, the institutions we rely on to wrestle the economy back to stability are engaged in a secret power struggle which only worsens the impending crisis. Federal Reserve Chair Jerome Powell and …

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Powell Rugged the Markets Today, Why Tho’?

by Chris Black Where’s muh Midterms Rally? Where’s muh FED Pivot? https://twitter.com/ADAMBERGMANshow/status/1563177450992832517 What’s going on here? They are simply trying to time the break. The USD is toast when the petro dollar breaks. And that has been the plan. Brainard …

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If Powell tightens into a crisis, he can then pivot & safely (for him) do what central banks have always done. And most mkt participants will beg him to do it. If he pivots before a crisis & inflation accelerates, he (and Fed) are done. And he knows it.

If Powell tightens into a crisis, he can then pivot & safely (for him) do what central banks have always done. And most mkt participants will beg him to do it. If he pivots before a crisis & inflation accelerates, …

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This is what Powell fears most of all

This is what Powell fears most of all. You. Having leverage. To demand higher wages. He is not your friend. Nor your champion. https://t.co/s0xZZQj105 — Daddy Electric؜؜؜؜؜؜🐀 (@mortentor) September 19, 2022 Larry Summers urges the Fed to keep raising rates …

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