The recent change in Jerome Powell’s approach is indeed noteworthy. Having refrained from criticizing Congress during the extensive $6 trillion COVID spending period, his newfound willingness to do so suggests a shift in tone and approach.
5 years late, Jerome Powell finally admits maybe federal spending is a problem.
When your professional counterfeiter is worried how much you're printing, you know it's bad.
Still, no worries: Biden and Yellen tell us we can afford the Green New Deals, the student loans, the… https://t.co/3tYCjeZjrE
— Wall Street Mav (@WallStreetMav) October 27, 2023
Federal debt held by the public is at an all time high, per WSJ: pic.twitter.com/jng0Jq9CTc
— unusual_whales (@unusual_whales) October 27, 2023