Jerome Powell Wisely Allows The Biden Administration and U.S Democratic Lawmakers to Dig Their Own Graves – April 29, 2021,

 

The best thing the Biden Administration could hope for in the next 4 years is massive gridlock in Washington, as Jerome Powell is doing to Joe Biden what he did under the Trump administration. I like to remind people about the life of Mitch McConnell.

When most Conservatives think of Mitch McConnell they call this man “turtle face” what they tend to forget about Mitch McConnell is what he and his family has to endure from the far left because of principled policies. In the video, I posted above people spray-painted “Where’s my money” o his house as if Mitch McConnell owes these entitled pieces of shit money they never earned.

Trump supporters are in many ways are similarly as passionate as people on the far left, although more respectful with private property, Trump supporters can make your life a living hell if you make their President look bad. When Jerome Powell began raising interest rates, Trump quickly began blaming Jerome Powell for negatives in the economy.
Actually Donald Trump “A REAL ESTATE GUY WHO LOVES LOW-INTEREST RATES” never stopped bashing Jerome Powell.

Jerome Powell which angered me, instead of pushing back and reminding Donald Trump that the Federal Reserve is independent, eventually became dovish and once Powell became dovish, the pressure has on him has eased. Also by being dovish, and fading away into the background, Jerome Powel who fully understands Austrian economics, is now able to allow politicians to be the policy-makers.

Now, you might say to yourself, well, if there’s a crash Jerome Powell will get the blame, I say not so fast, people are being paid to do nothing at the moment, this paid for doing nothing economy is facilitated by the Federal Reserve but it’s being led by the politicians in power.

I actually agree with Powell, currently, the U.S dollar is the worlds reserve currency, it provides transparency and liquidity unlike any other bank in the world, of course, long term this is disastrous but in the short term domestic price inflation in the United States will be entirely the result of Joe Bidens administration.

Energy prices aren’t up because of Jerome Powell, energy prices are up because of Joe Biden rejoining the climate agreement. Mass immigration which the Federal Government is now financing is up because of Jerome Powell, it’s up because of the Biden administration. Proposals for higher taxes by Joe Biden aren’t Jerome Powell’s fault, that’s the Biden Administrations’ fault.

I’m by no means claiming that what Jerome Powell is doing is moral, but what I am saying is that for all the good Mitch McConnell has done, when has he been given any credit?

Interesting times ahead!