Fed Chairman Jerome Powell’s Presser Should Alarm Everyone on Main Street

To me, this is just jaw-dropping.  The Federal Reserve Chairman Jerome Powell made statements today akin to saying the emperor is wearing a beautiful coat.  I can share examples, but to really encapsulate the issues, it’s actually easier to start by sharing a chart he presented when discussing inflation.

….This is in essence what the graphic would look like if Powell included the 2021 inflation he is concerned about:

link

Don’t skip the article, link above. Powell’s chart leaves out 2021. Sundance put it in in the chart just above. The Obiden admin is a tragic joke and failure on every front. ABN

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