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cuello_rojo ago

New fed chair sworn in today. Yellen just left and this guy Jerome Powell just came in. So this is "nobody's" fault, conveniently.

facetumor ago

New fed chairs usually trigger a sell-off

UlyssesEMcGill ago

How long is this kike's nose?

He might not be jewish, but he's probably still a rat.

Or did Trump appoint him? Our guy? Expose them from the inside and shut them down?

facetumor ago

Jerome Powell is actually a goyim. Maybe that's why the kikes tried to freak people out with this mini crash on his first day.

From his kikepedia:

In 2013, Powell made a speech regarding financial regulation and ending "too big to fail". In April 2017, he took over oversight of the "too big to fail" banks.

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Powell has been a skeptic of round 3 of quantitative easing, initiated in 2012, although he did vote in favor of implementation.

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In a July 2017 speech, Powell said that, in regards to Fannie Mae and Freddie Mac, the status quo is "unacceptable" and that the current situation "may feel comfortable, but it is also unsustainable". He warned that "the next few years may present our last best chance" to "address the ultimate status of Fannie Mae and Freddie Mac" and avoid "repeating the mistakes of the past".

He seems like a moderate, but he does want to end the fed's refusal to let big banks and companies fail. That could be why the market is afraid.