Yep. There is no question. Economists are giving Trump’s appointee the benefit of the doubt when there is absolutely no reason to do so.
If the news was worth its salt, they would weigh the option that once J.Pow is out, rates will get cut at the worst possible time, stoking inflation even more. But they won’t do that, because it is in their benefit to pretend that everything is okay.
At least that’s what I think… I’m not an EcOnOmIsT. I’m sure I’m missing some key components.
Like watching a slow moving train wreck. We all know the brakes are broken, and people are still asking whether there will be a crash.
Yep. There is no question. Economists are giving Trump’s appointee the benefit of the doubt when there is absolutely no reason to do so.
If the news was worth its salt, they would weigh the option that once J.Pow is out, rates will get cut at the worst possible time, stoking inflation even more. But they won’t do that, because it is in their benefit to pretend that everything is okay.
At least that’s what I think… I’m not an EcOnOmIsT. I’m sure I’m missing some key components.
People are in denial about a lot of important things right now.