Fed triples its estimated duration of transitory inflation.
Republicans have no credibility to criticize government spending and money printing. Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation. Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment.
Republicans won’t put blame on the Fed, because they benefit more from blaming the Democrats. Maxine Waters praises Jerome Powell for his irresponsible leadership.
Video Length: 01:01:34
Comments
Log in or sign up to join the conversation.