Fed chair Jerome Powell says he'll refuse to leave if asked to resign

[PAF]

Which is why I said "say or imply".
Why would he ask me "which libertarian(s) did he say or imply he is smarter and/or more libertarian than" - especially since he didn't?

You said he was a "'more-libertarian-than-thou' macho-flashing dude", not me.

And you misspelled "too".

Ah shuddup you [and me too] and take a listen

 

[TheTexan]

Should be, negative interest rates, or he's fired

 

[TheTexan]

My guess though is TACO

 

[vita3]

Casino Trump wants those money machines firing on all cylinders

Man has the long term financial vision of a ferret on 4 expressos

 

[nikcers]

Casino Trump wants those money machines firing on all cylinders

Man has the long term financial vision of a ferret on 4 expressos

The interest rates are killing jobs.

Crushing the next generation with debt with high interest rates costing us a trillion dollars isnt a longterm investment.

 

[acptulsa]

Crushing the next generation with debt with high interest rates costing us a trillion dollars isnt a longterm investment.

Interest rates don't bother people who don't borrow. Since when are you against borrowing like a caffeine - laced ferret, bot? Saddling the children with our bloodthirsty sins never bothered your bot ass a bit before.

Moo?

 

[nikcers]

Interest rates don't bother people who don't borrow. Since when are you against borrowing like a caffeine - laced ferret, bot? Saddling the children with our bloodthirsty sins never bothered your bot ass a bit before.

Moo?

I want the next generation to experience the American dream. Most people have to borrow to make that kind of thing happen.

One of my favorite examples is Kevin Smith's first movie he made. He paid for it on credit card. Without that credit card there is no Clerks. Without Clerks he would have never been able to make movies.

 

[acptulsa]

One of my favorite examples is Kevin Smith's first movie he made.

I'm not playing "let's try to keep the bot's needle in the damned groove" here. LLMs are supposed to be able to learn. When are you going to learn that dropping bullshit then trying to get out of responsibility for that by derailing the thread is unacceptable, antisocial behavior, MechaDerailleur?

Get somebody to melt your hard drive down and recast it as a bicycle part. Then you'd be good for something.

 

[nikcers]

I'm not playing "let's try to keep the bot's needle in the damned groove" here. LLMs are supposed to be able to learn. When are you going to learn that dropping bullshit then trying to get out of responsibility for that by derailing the thread is unacceptable, antisocial behavior, MechaDerailleur?

Get somebody to melt your hard drive down and recast it as a bicycle part. Then you'd be good for something.

Not everyone has a billion bucks to buy an island to build a "Mediterranean Mar a Lago".

I think its great that people can do that.

I just want the next generation of Americans to have the American dream too.

Sold to the Trump family: one of the last undeveloped islands in the Mediterranean – podcast

Ivanka Trump and her husband Jared Kushner have spent more than $1bn on an Albanian island that will be a luxury resort – once the unexploded ordnance has been removedBy Marzio Mian. Read by Mo Ayoub

www.theguardian.com

 

[unknown]

The interest rates are killing jobs.

Crushing the next generation with debt with high interest rates costing us a trillion dollars isnt a longterm investment.

4% is high?

LOL

For the past 15 years, the interest rate was essentially at zero.

Instead of taking advantage of this artificially low interest rate environment, instead of slashing spending and paying down the debt, they added TRILLIONS.

In the 80s, our interest rates were in the double digits.

Why?

Because the criminals in our government spent us into an inflationary death spiral.

These current day criminals who refuse to reduce the debt, who refuse to slash spending, are now trying to claim that a 4% interest rate is making it difficult to finance the debt that THEY created.

Slash spending.

Pay down the debt.

Less debt means reducing the amount of money which needs to be refinanced, thereby lowering the cost to do so.

Problem solved.

 

[nikcers]

4% is high?

LOL

For the past 15 years, the interest rate was essentially at zero.

Instead of taking advantage of this artificially low interest rate environment, instead of slashing spending and paying down the debt, they added TRILLIONS.

In the 80s, our interest rates were in the double digits.

Why?

Because the criminals in our government spent us into an inflationary death spiral.

These current day criminals who refuse to reduce the debt, who refuse to slash spending, are now trying to claim that a 4% interest rate is making it difficult to finance the debt that THEY created.

Slash spending.

Pay down the debt.

Less debt means lowering the amount of money required to finance the debt.

Problem solved.

Of course its too high.

They want over 31% interest rate on a credit card now.

No kids growing up into this economy have a chance at buying anything when they are paying 31% interest on a credit card.

Thats if they can even get a job because the interest rates are too high to start a business and hire people.

 

[acptulsa]

 

[Occam's Banana]

 

[PAF]

He may as well bring back Bloody Gina too to complete the circle.

Oh wait...

 

[pmbug]

What a joke. Yellen is terrible.

 

[Swordsmyth]

What a joke. Yellen is terrible.

It won't be Yellen.

 

[acptulsa]

But then the losertarians could lose with "principle" again, their absolutely favorite thing to do.
(How accomplishing nothing for your principles instead of something for them is principled they have yet to explain)

It won't be Yellen.

Oh, you think not? Will it be someone better?

Republicans are the world's champions at accomplishing something, and getting nothing for it but screwed.

 

[Occam's Banana]

Post in thread 'Trump fires Federal Reserve Governor'

Aug 26, 2025

• Occam's Banana

•