Pump this straight into my veins. I really like Bessent.
https://twitter.com/bitcoinnewscom/status/1947284573236195420?s=46
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
Trump pulls his string and he says what he's been programed to say.
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
Considering they have been ass backwards on inflation, Bessent's comment is spot on. Maybe if we employ another 100 phd fiat economists they can figure out printing a shit ton of money causes inflation and raising taxes doesn't?!?
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
Considering they have been ass backwards on inflation, Bessent's comment is spot on. Maybe if we employ another 100 phd fiat economists they can figure out printing a shit ton of money causes inflation and raising taxes doesn't?!?
You clearly have no idea what the Fed does, either.
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
Considering they have been ass backwards on inflation, Bessent's comment is spot on. Maybe if we employ another 100 phd fiat economists they can figure out printing a shit ton of money causes inflation and raising taxes doesn't?!?
You clearly have no idea what the Fed does, either.
That's been clear for many years. Next thread, he'll complain about the amount of taxes the Fed imposes on us and its spending problem on SS.
Pump this straight into my veins. I really like Bessent.
https://twitter.com/bitcoinnewscom/status/1947284573236195420?s=46
Hell yeah. Love to hear this. I'd settle for an audit as the first step.
Hope is not optimism, which expects things to turn out well, but something rooted in the conviction that there is good worth working for. - Seamus Heaney, Irish poet and likely Hoosier basketball fan.
POTFB
Hell yeah. Love to hear this. I’d settle for an audit as the first step.
An audit of the Fed? What would that even look like?
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
Considering they have been ass backwards on inflation, Bessent's comment is spot on. Maybe if we employ another 100 phd fiat economists they can figure out printing a shit ton of money causes inflation and raising taxes doesn't?!?
You clearly have no idea what the Fed does, either.
They don't care about inflation? Or are you arguing that fiscal dominance has taken over and their tools aren't effective anymore in controlling it?
An audit of the Fed? What would that even look like?
I don't know what the process would look like, but I reckon it would reveal a whole lot of this...
A good friend will bail you out of jail, but your best friend will be sitting next to you in the cell saying "that was f***ing awesome"
@unclemark and who's doing the audit? Trump's accountants? Same ones that had been counting when he bankrupted Casinos...which should be nearly impossible. I'm not saying the FED shouldn't be more aggressive lowering rates, maybe they should. But most of us on this board have no clue what they really do, and/or what they should be doing. And I suspect, neither does Trump.
Serious question. If the suggestion is we can’t trust a bunch of PhD economists then aren’t we just fu*cked? Sounds eerily familiar to not trusting medical science to do their jobs.
I’m admittedly not educated or informed enough to know what’s best for our economy but that’s usually when I would rely upon “so called experts.”
The Secretary of the Treasury doesn't "know" what the Federal Reserve does? Either he's an idiot, or he thinks the viewers are idiots.
Considering they have been ass backwards on inflation, Bessent's comment is spot on. Maybe if we employ another 100 phd fiat economists they can figure out printing a shit ton of money causes inflation and raising taxes doesn't?!?
You clearly have no idea what the Fed does, either.
That's been clear for many years. Next thread, he'll complain about the amount of taxes the Fed imposes on us and its spending problem on SS.
What do you mean by spending problem?
Serious question. If the suggestion is we can’t trust a bunch of PhD economists then aren’t we just fu*cked? Sounds eerily familiar to not trusting medical science to do their jobs.
I’m admittedly not educated or informed enough to know what’s best for our economy but that’s usually when I would rely upon “so called experts.”
I'll answer your question with a question. Why do you think several 100 phd economists are smarter than the market?
Serious question. If the suggestion is we can’t trust a bunch of PhD economists then aren’t we just fu*cked? Sounds eerily familiar to not trusting medical science to do their jobs.
I’m admittedly not educated or informed enough to know what’s best for our economy but that’s usually when I would rely upon “so called experts.”
I'll answer your question with a question. Why do you think several 100 phd economists are smarter than the market?
Which market?