Is Powell Bent on Wrecking the Economy?

6:54 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/09/26/is-powell-bent-on-wrecking-the-economy-002600

Federal Reserve chairman Jerome Powell has taken a turn to the dark side. After years of pleasing everyone on Wall Street and in Washington, D.C. with ultra-loose monetary policy, Powell has, for now, decided to recast himself as the villain. He now seems intent on crashing markets, killing jobs, and driving the economy into a deep recession in the name of fighting the inflation he helped unleash.

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