Powell made it so your Bank pays you ZERO % interest for saving a year and Inflation is up 10%.
So you just lost 10% this year in buying power by putting your money in the Bank.
This was done to take care of the Billionaire 1% and screw over the 99% and he did an Excellent Job.
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And those billionaires with the complicity of the government is what's keeping him in place.
Agreed on that. But pumping the stock market made it more expensive for countries like China to buy up our companies. So, that was one positive of the pump.