I’m retired now, but having worked in several technology & healthcare industries, I can say I have never in my life see salaries keep up w/ inflation or companies voluntarily increase wages.
"My name is Jerome Powell, and as Federal Reserve Chairman, my role is to take a little from each of your fiat wages. It's how the system works. We print credit out of thin air, and in return, your hard-earned money quietly loses its value, siphoning your wealth one dollar at a time. This is the truth I am too cowardly to communicate with you all.”
There is something unsettling about the people making these decisions are people that are financially set for life and will never have to worry about their own lively hood ever.
Housing prices are still too high. Rates need to be over 4% for many years to fix this. Plan b os to drastically reduce primary residence taxes or drastically tax second homes
Focused on ONLY TWO JOBS (duel mandate)!?!?!? HOW HARD CAN FOCUSING, ON ONLY TWO JOBS BE??? lol!!! 1 year...2years??? NO OVER A CENTURY...lol!!!! lol!!!! Clown world!!!!
I’m retired now, but having worked in several technology & healthcare industries, I can say I have never in my life see salaries keep up w/ inflation or companies voluntarily increase wages.
"My name is Jerome Powell, and as Federal Reserve Chairman, my role is to take a little from each of your fiat wages. It's how the system works. We print credit out of thin air, and in return, your hard-earned money quietly loses its value, siphoning your wealth one dollar at a time. This is the truth I am too cowardly to communicate with you all.”
No he actually said exactly just that. You just don’t know what to do with the information
You guys have no idea how this man gave a bigger eff you to Japan
Tell that to the grocery store, gas stations, and employers
What about my home page VlD?
People are still buying
this 💩 🥴😆
Did he just say 2% GDP for next few years! And these people claim China is tanking?! Scheesh
Interesting video.
There is something unsettling about the people making these decisions are people that are financially set for life and will never have to worry about their own lively hood ever.
This is cold.
Should have began these cuts months ago. Too much and too fast
Should've hiked interest back in 2017
Well done by Powell.
GRAB YOUR ANKLES AMERICA 😮
Nobody talk about soft landing anymore. It was all doubt and now it is all doubt again.
cut rates ? people don't need credit buba ...
Tell us the DeepStayt is panicking without telling us the DeapState is panicking.
Strong for who ?
strong for us, not for you dogs
He’s making a political move. Our debt is too high.
Housing prices are still too high. Rates need to be over 4% for many years to fix this. Plan b os to drastically reduce primary residence taxes or drastically tax second homes
BOYCOTT ABC AND their sponsors
Inflation is going to get worse
Thank you Powell
It will have a big ZERO effect on the economy overall. A "teeniest" call for big money institutions to opt in or out.🤠🤓🧐
“Don’t worry
Trust the experts
It’s only transitory “🥴😆🤣
He the reason
A little token drop for election season, then...
Buy buy but
*DADDY JPOW* ❤❤❤
Focused on ONLY TWO JOBS (duel mandate)!?!?!?
HOW HARD CAN FOCUSING, ON ONLY TWO JOBS BE??? lol!!! 1 year...2years???
NO OVER A CENTURY...lol!!!! lol!!!! Clown world!!!!
😂
I wounder why..hmmmm
We’re stupid and they want your vote.
Corrupt Democrats.
Don’t be fooled by the rate cut.
Oooooh 1/2%…. lol
Political motivation spotted
Ah yes, the republican fed chair decides to cut rates for the…. Dems to win?
I fear this is more about defeating Trump and not inflation or employment.
Trump put Jerome Powell in the fed. He’s also a republican
@@terribledev4937 Powell is one vote on the FOMC
2%😂 SMD