Fed Chief Powell Erases $5 Trillion from Markets, Destroys Middle Class 401(k)’s and Keeps His Job – Ain’t America Great!
Guest post by Joe Hoft The Fed and its Head – Jerome Powell – have mandates to”promote stable prices” and “maximum employment” and to ensure a “healthy economy”. However, Powell’s recent radical and consistent rate hikes are destroying the economy, increasing US debt interest payments and eliminating working Americans’ life savings.