"If the Fed had followed what we published, they would have raised rates in early 2021. The entire Organization is broken. It needs to be fixed. They need to use modern sources of information.We strongly disagree with Ken Griffin. We think Incompetence is more important than to defend theoretical independence. He ("Too Late!") has done a terrible job since he adapted a two target? It's too low, it's too rigid, they followed Data that's years delayed. They don't believe that money supply matters, it's like the Pope not believing in Jesus. We think that's a much bigger problem than this notion that they are dependent, or they're not independent." Jay Hatfield Infrastructure Capital Advisors, CEO & CIO, on Maria B. "Chair Powell was late to raise rates, they need to come down here, there's no question about it. He's dragging his feet. The Feds going to come down here 50, 75, Maybe 100." Greg Faranello, American Securities on Maria B.
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5 results for "tag:powell_devaluation"
Our Fed Rate is AT LEAST 3 Points too high. âToo Lateâ is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs. No Inflation, COMPANIES POURING INTO AMERICA. âThe hottest Country in the World!â LOWER THE RATE!!!
âToo Lateâ Jerome Powell is costing our Country Hundreds of Billions of Dollars. He is truly one of the dumbest, and most destructive, people in Government, and the Fed Board is complicit. Europe has had 10 cuts, we have had none. We should be 2.5 Points lower, and save $BILLIONS on all of Bidenâs Short Term Debt. We have LOW inflation! TOO LATEâs an American Disgrace!
If âToo Lateâ at the Fed would CUT, we would greatly reduce interest rates, long and short, on debt that is coming due. Biden went mostly short term. There is virtually no inflation (anymore), but if it should come back, RAISE âRATEâ TO COUNTER. Very Simple!!! He is costing our Country a fortune. Borrowing costs should be MUCH LOWER!!!
ADP NUMBER OUT!!! âToo Lateâ Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!