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Economy

JT45242

(3,238 posts)

3. Maybe having 2/3 of the fed representing billionaire banks is a bad idea

Reply to progree (Original post)

Fri May 24, 2024, 08:54 AM

May 2024

We let the foxes guard the henhouse.

Instead of regulation of greed and price gouging, we hope that the fed will do the right thing.

Cause trusting banks has worked so well in the past.

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This graphical perspective of the CPI explains why the Fed sees inflation as sticky and "elevated" lately [View all] progree May 2024 OP

Or.... Think. Again. May 2024 #1

Look for Jerome to do lots of negative Fed speak. gab13by13 May 2024 #2

Maybe having 2/3 of the fed representing billionaire banks is a bad idea JT45242 May 2024 #3

I added the PCE (Fed favorite) graphs with April numbers as forecast, it comes out this Friday May 31 progree May 2024 #4