Author Topic: The Fed concedes that Trump was right all along  (Read 298 times)

0 Members and 1 Guest are viewing this topic.

Offline EdinVA

  • Hero Member
  • *****
  • Posts: 8,584
  • Gender: Male
The Fed concedes that Trump was right all along
« on: September 05, 2020, 02:07:39 am »
Quote
Federal Reserve Chairman Jerome Powell admitted last week at the “virtual” Jackson Hole symposium that the Fed has undershot its 2% annual inflation target consistently for the last several years.
The Fed is tacitly admitting that its deflationary monetary policy has restrained growth and held down wages.
Now the Fed is promising to aim higher in order to get more dollar liquidity into the economy.
Powell’s 3,000-word address could have been summarized in just one sentence: “President Trump was right; we were wrong.”

https://www.foxbusiness.com/politics/fed-trump-right-all-along

Online bigheadfred

  • Hero Member
  • *****
  • Posts: 18,768
  • Gender: Male
  • One day Closer
Re: The Fed concedes that Trump was right all along
« Reply #1 on: September 05, 2020, 02:42:30 am »
Bkmk
She asked me name my foe then. I said the need within some men to fight and kill their brothers without thought of Love or God. Ken Hensley

Offline LegalAmerican

  • Hero Member
  • *****
  • Posts: 9,124
  • Gender: Female
Re: The Fed concedes that Trump was right all along
« Reply #2 on: September 05, 2020, 04:35:53 am »


They all hate,  admitting,  my POTUS is correct  99.44/100 % of the time.