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Looking to take JP Out (Patreon)

Published:
2025-06-30 17:13:24
Imported:
2026-06
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Content

Treasury Secretary Scott Bessent says they are working to select NEW Fed Chair to REPLACE Jerome Powell in coming weeks.

Thank Goodness.

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Comments

dougart11

A little more balance between the two extremes would go a long way toward a better long term outlook for the economy.

Savco

If the US had 2 mill BTC they could simply announce that the Fed is Dead, let Bonds die and run the economy at the higher levels on BTC.

Plan Tesla

Prezy Trumpy playing Golf 🏌️‍♂️ ⛳️ with the emotions of JP

Maine McEachern

I don’t know if this is a good move. However, I’ve been quite impressed with Scott Bessent’s knowledge and insight in the interviews I’ve watched of him.

6flagns

You should do the math on this james not belive the hot air that comes out of Washington, the fed isn't just Powell its a board decision. The fed has to be prudent, trump caused the delay in interest rate reductions with his ludicrous fake tariff tirade. I'm surprised you can't see that.

TitusPullo
>>178908468

Everyone knows debt/GDP is cooked. Why play this Kabuki theater...think for a second

Burton K

James seems to think that the Fed's purpose is to support the stock market. Ridiculous. The stock market is overvalued by every measure. In fact, low interest rates will make the ensuing crash far worse. The Fed won't be able to lower rates to help right the economy. Long term, low rates are bad: https://www.linkedin.com/pulse/most-important-principle-keep-mind-when-thinking-large-ray-dalio-nozze/ but to be fair it might not matter since we are locked in a debt spiral anyway. Replacing Powell will accelerate the spiral though. When the market sees that the Fed is politically controlled, they will demand a higher risk premium (higher rates). Which leads to higher interest payments, more debt to finance those payments, and so on.

Unrekt+
>>178959024

100%, if the FED loses credibility, people think the long end of yield curve is high now, they are in for a rude awaking. The whole reason the FED was established was to stop these games from happening over and over.