Fed Bankster Meets Russian Prankster

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In this video, I discuss how Jerome Powell was fooled by Russian pranksters, pretending to be Ukraine's Zelenskiy.

In the process, Powell reveals a lot about how senile politicians and central bankers interact with technology, as well as his views on inflation and the future path of interest rates.

Bitcoin as a liquidity indicator suggests that the Fed is probably done hiking after its May 3 meeting.

Not investment advice! Consult a financial advisor.

Jerome Powell tricked into a call by Russian pranksters posing as Zelenskiy:
https://twitter.com/KanekoaTheGreat/status/1651691266604937222
https://www.bloomberg.com/news/articles/2023-04-27/fed-s-powell-tricked-by-russian-pranksters-posing-as-zelenskiy
https://www.npr.org/2023/04/28/1172681491/pranksters-tricked-fed-chairman-phone-call

Central banks spreading around the world:
https://en.wikipedia.org/wiki/Central_bank

Fed Funds rate history:
https://www.forbes.com/advisor/investing/fed-funds-rate-history/

Fed target rate probabilities:
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

US public debt to GDP:
https://fred.stlouisfed.org/series/GFDEGDQ188S

US total public debt growth rates:
https://fred.stlouisfed.org/series/GFDEBTN#001

GDP growth slowing:
https://finance.yahoo.com/news/gdp-us-economy-grows-11-in-q1-slower-than-expected-125947873.html

Bank of England economist says people need to accept they are poorer:
https://www.bbc.com/news/business-65308769

Bank Term Funding Program (BTFP):
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm

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#fed
#powell
#bitcoin

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