POWELL’S FEDERAL RESERVE CLOWN SHOW🤡

The Federal Reserve was created for one reason — to stave off economic calamity. With inflation, you want to raise interest rates to lower the money supply circulating in the economy. While in recessionary periods you want to lower rates to spur corporate investment and economic growth. Jerome Powell’s actions are clearly politicized. He lowered interest rates while inflation was raging under Biden and now he’s refusing to lower them because he wants to hurt Trump in the midterms.

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