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Posted on 12/14/25 at 10:50 am to LSURussian
quote:
President Donald Trump nominated Jerome Powell as Federal Reserve Chair on November 2, 2017.
Nobody is perfect. But in hindsight this was a mistake IMO.
Mr Transitory and his committee waited too long to hike rates, then when they finally relented, it was on a compressed schedule (likely because they realized how late they were) that some believe led to liquidity issues at banks like SVB.
I know Powell doesn’t own all of that. But the Fed’s moves in summer 2021 the end year 2022 were not as well executed as they should be. They waited too long, then tried to make up for it with hasty moves when we should have been boiling the frog.
This post was edited on 12/14/25 at 10:53 am
Posted on 12/14/25 at 10:57 am to ronricks
You cant control your TDS 
You spent 4yrs crying daily he wouldnt win. You voted for JB who renominated Powell who claimed inflation was transitory and didnt raise rates
We got 20% inflation and you cuckrussian, kwlb blame Orange bad for that
Why do you keep bringing up the condo in Brickell that you cried was in a complex with multi million dollar values
You spent 4yrs crying daily he wouldnt win. You voted for JB who renominated Powell who claimed inflation was transitory and didnt raise rates
We got 20% inflation and you cuckrussian, kwlb blame Orange bad for that
Why do you keep bringing up the condo in Brickell that you cried was in a complex with multi million dollar values
Posted on 12/14/25 at 11:11 am to SDVTiger
I didn’t vote for dementia Joe. Didn’t vote for Kamala. I don’t worship any politician like you do because it’s abnormal and weird. You have been absolutely desperate and wishcasting for ‘rates’ to come down for several years on here and have ignored all the liquidity Trump injected in the economy from March 2020 through Jan 2021.
You live in a cuckbox condo likely with high monthly association fees that you want to get out of but can’t because nobody will buy it in current market. Sucks to be you.
You live in a cuckbox condo likely with high monthly association fees that you want to get out of but can’t because nobody will buy it in current market. Sucks to be you.
Posted on 12/14/25 at 11:18 am to SDVTiger
Biden and Powell using slightly different phrases is telling. Joe probably had a senior moment and forgot the exact language of the talking point. They were both using the same talking point aimed to sway public opinion. The idea of no bias is absurd given human nature.
Posted on 12/14/25 at 11:38 am to ronricks
quote:
I didn’t vote for dementia Joe
quote:
You have been absolutely desperate and wishcasting for ‘rates’
And as always I was right and they lowered them exactly as predicted. Now we will get even more this year
quote:
You live in a cuckbox condo likely with high monthly association fees that you want to get out of but can’t because nobody will buy it in current market
This makes sense. You are just mad cause you cant afford a "cuckbox" as you call it
Posted on 12/14/25 at 11:41 am to SDVTiger
quote:
You are just mad
I’m not the one that’s over leveraged and desperate for ‘rates’ to come down like you have been. That speaks volumes about you. Rates aren’t high enough in my opinion. You are a total fraud that acts like a fool on here daily.
Posted on 12/14/25 at 11:47 am to ronricks
Nothing you said made any sense. You are jealous and mad you live in a trailer park
Its not Trump or my fault. Rates can go to 100% and i would love it. Thats what makes you look like an idiot
Its not Trump or my fault. Rates can go to 100% and i would love it. Thats what makes you look like an idiot
Posted on 12/14/25 at 12:52 pm to SDVTiger
quote:I'm still waiting on a link to your source for your "20% inflation" claim.
He led us to 20% inflation
Or, did you just made it up like you usually do...
Posted on 12/14/25 at 1:08 pm to LSURussian
I liked it better when politics was in the politics board.
I don't care who said it first. I care what the Fed Chair and FOMC did. There is plenty of criticism of the Fed for acting too late (and possibly acting prior to a presidential election that many have painted as questionable). I would not care who nominated who or what their political affiliation is -- they would get the criticism regardless.
I don't care who said it first. I care what the Fed Chair and FOMC did. There is plenty of criticism of the Fed for acting too late (and possibly acting prior to a presidential election that many have painted as questionable). I would not care who nominated who or what their political affiliation is -- they would get the criticism regardless.
Posted on 12/14/25 at 1:13 pm to LSURussian
quote:
Let’s start with inflation. Over Biden’s near-four years in office, inflation is up roughly 20%. Under Trump, inflation was up 8%.
Heres your link Karen
LINKhttps://www.heritage.org/debt/commentary/trumps-record-far-superior-bidens-debt-and-inflation
Now lets hear your denial like with Powell saying inflation was transitory
You will totally not defend JB and then post that pic of a card yiu received
Posted on 12/14/25 at 2:43 pm to Street Hawk
Trump wants low rates.
Low interest rates encourages more borrowing.
We currently have record levels of debt from consumer to governmental levels.
I think we know where this is heading
Low interest rates encourages more borrowing.
We currently have record levels of debt from consumer to governmental levels.
I think we know where this is heading
Posted on 12/14/25 at 3:07 pm to SDVTiger
One of us belongs here and one doesn't.
Posted on 12/14/25 at 3:12 pm to SDVTiger
So your 20% inflation claim is not an annual inflation rate but is cumulative over 4 years?!?
And it is the opinion of almost all economists the main reason inflation spiked in 2021, 2022 & 2023 was the result of trillions of dollars in COVID relief/stimulus free money injected into our economy as passed by congress and signed into law by President Trump in 2020.
That was the action that Powell called “transitory” when he referred to the “uptick” in inflation.
You’re deceptive about everything you post. Liar.
And it is the opinion of almost all economists the main reason inflation spiked in 2021, 2022 & 2023 was the result of trillions of dollars in COVID relief/stimulus free money injected into our economy as passed by congress and signed into law by President Trump in 2020.
That was the action that Powell called “transitory” when he referred to the “uptick” in inflation.
You’re deceptive about everything you post. Liar.
Posted on 12/14/25 at 4:13 pm to LSURussian
As predicted
Posted on 12/14/25 at 5:07 pm to SDVTiger
quote:
Nothing you said made any sense.
It makes total sense. You are obviously over leveraged on loans that you need to refinance and property you want to sell but can’t because of current market conditions. Sucks to be you.
Posted on 12/14/25 at 5:11 pm to SDVTiger
The OT board is wondering where you are at.
Posted on 12/15/25 at 5:37 am to ronricks
quote:
It makes total sense
If you are low iq
quote:
You are obviously over leveraged on loans that you need to refinance
How specifically am I over leveraged. Why would I need to refinance?
quote:
property you want to sell but can’t because of current market conditions
Why would I ever sell?
This is what makes you look like an idiot. Nothing you say ever makes sense
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