Everyone is writing Jerome Powell's obituary (Patreon)

There is deepening loss of political support for the Federal Reserve's leadership and the institution itself. Esp w multitple mortgage fraud from one of the chairs!

If the Fed continues to show reluctance to reform, it risks having less and less say in how it is reformed.

At this point, it is no longer a question of if reform will happen, but how.

h.t Sanjay