/biz/ - Business & Finance

>>53843389
Powell is literally an old money WASP. Born to attend Princeton and Georgetown with a grandfather that was the president of Columbia University back when that actually meant something. Married in the Episcopal national cathedral in DC. If he was anymore stereo-typically WASP he'd call his wife "Muffy" and have a IV after his name.

You know who the last gentile they let run the run the FED was? Episcopal gorilla chad Volcker. They picked him because he had the balls to burn out all the rot that had accrued for decades after WW2 by cranking rates north of 20%. Volcker gets blamed for the stagflation of the 1970s by retards who don't get that his policy of tightening was what set up the parabolic rise of the 1980s. And you know how Regan thanked him? Left him in office long enough to start that recovery then fired him and took the credit.

Powell is literally there to save the patient by amputating his arm. He just has to keep everyone calm by walking a tightrope until its time to burn everything down before offering some godawful surveillance panopticon as a solution.

>>27633937
>pretends allocated storage doesn't have vault fees
>pretends oil storage is anywhere near the level of ease as vaulting metal

Go be a nigger somewhere else.
>parsley, ____, rosemary, and thyme.

>>26966319
You worthless, gorilla, coal black, untouchable, nigger.

Post a time stamp with your stack or forever be a dirt poor, street shitting, silver fudding, pajeet.

>>23167197
I don't care who he claims to be or where he pretends to work:

He's still a nigger.

>>22526492
I did but I’m still buying now. I’ll buy til silver is $100 an ounce.

>>21251817
1st for we have a new shill, the old one got fired, the new one replies to 6 people per post, refuses to ever answer questions, and generally posts pilpul to shit up the thread before pretending to be some spoopy economic insider.

Delenda Judea est

>>20884591
Destruction of mal-investment and a wiping clean o of the slate will come to your economy, but only if you post 'Volcker teach them to swim' in this thread!

>>20817854
>recovery underway
>The talk is now of when to raise rates
LMAO not until 2023 according to JPOW. Seriously is a bot writing this shit?

>>20566763
Silvers doing so good I even paid my debts back with a total piece of shit

>>20544632
Judy Shelton gets her confirmation hearing to the Federal Reserve tomorrow. The same Judy Shelton (PhD.) that believes in a gold standard and hanging everyone else who works at the fed.

Volker did what he did to kill off the malinvestment of the 70s to make way for the 80s. Shelton will do the same thing, except now the entire economy is malinvestment, and the only cure is wild fire

>>20460663
You know how they only bring in the WASPs at the Fed when they need to chainsaw everything to pieces and start over? Remember Volker in the 1970s? Well we're getting a Virginia planter chadette in a few days.

>>20425809
Friendship with Jeremy: Ended
Judy is my best friend now.

WASP chads report in, she's going to burn down the FED after she chains the exits shut.

>>20399630
>The IMF
Let me stop you there. Due to recently passed policy changes at the US treasury, The IMF can't do jack shit anymore. Their primary trading instrument is Special Drawing Rights (SDR), which has a value based on a basket of currencies. They don't get to move those around at all anymore, without the US Treasury Secretary signing off on literally every single transaction. The IMF is now an extension of the US government.

Now, if you could produce data that suggested that the mining rate of XRP was designed such that over the coming decade the production of new tokens was explicitly tied to the yearly mining output of PMs, and reflected that we hit peak output 5 years ago, maybe I'd be more inclined to believe it.

>>20118284
>Volcker
He was a giant as well