Jerome Powell is so full of himself. He had no issue printing trillions of dollars prior to 2021, fueling asset bubbles and distorting markets. Then he spent 18 months pushing the false narrative of “transitory inflation” while everyday Americans watched prices surge. He followed that up by declaring a so-called “soft landing,” only to now stonewall any attempt at economic progress by keeping rates elevated far too long.
Powell will ultimately be remembered as the man who presided over, and accelerated, the decline of the U.S. fiat system. His actions have created generational pain, especially for younger Americans who face unaffordable housing, crushing debt, and diminished opportunity. History won’t view him as a steward of stability, but as the architect of economic disillusion.
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